In 2024, the statewide minimum wage in Colorado is $14.42 per hour, though several cities and counties have established higher local minimum wages.
Understanding Colorado's Minimum Wage in 2024
Colorado sets a base minimum wage for the entire state. However, many localities within Colorado have adopted their own minimum wage ordinances, which often set a higher rate than the state's standard. When a local minimum wage applies, employers are required to pay the higher of the two rates—either the state minimum wage or the local minimum wage. This ensures that workers in areas with a higher cost of living receive compensation that better reflects their expenses.
2024 Minimum Wages in Colorado Localities
The minimum wage you can expect to earn in Colorado in 2024 depends on your specific location. Here's a breakdown of the minimum wage rates for 2024 in various parts of the state:
| Location | 2024 Minimum Wage |
|---|---|
| Colorado (if no local minimum applies) | $14.42 |
| Denver City/County | $18.29 |
| City of Edgewater | $15.02 |
| Boulder County (only unincorporated areas) | $15.69 |
Key Considerations for Employers and Employees
- Higher of the Two: Employers in Colorado must always pay the higher of the state minimum wage or any applicable local minimum wage. For example, an employer in Denver must pay at least $18.29 per hour, not $14.42.
- Official Information: For the most current and official information regarding minimum wage laws in Colorado, including future adjustments and specific details for various localities, it is always best to consult the Colorado Department of Labor and Employment (CDLE) website, specifically their Division of Labor Standards and Statistics section. You can find detailed information on their Annual Minimum Wages page.
