Wagevane

Minimum wage in Colorado

Colorado's minimum wage is $15.16 an hour, $7.91 above the federal minimum. Full-time, that works out to $31,533 a year before taxes.

Last verified November 2, 2026. Sources: news.bloombergtax.com.

$15.16Minimum wage per hour
$12.14Tipped cash wage
$22.74Overtime rate (1.5×)
$15.71From January 1, 2027
Scheduled changes: $15.71 on January 1, 2027.

City and county minimum wages

Denver $19.29 in 2026 ($19.84 on Jan 1, 2027); Boulder $16.82 ($18.17 in 2027); Edgewood and unincorporated Boulder County also set local rates. Local rates apply to work performed inside those city or county limits.

What the minimum wage pays in Colorado

PeriodBefore taxesAfter taxes (estimate)
Hour$15.16$12.84
Week (40 hours)$606$513
Month$2,628$2,225
Year (2,080 hours)$31,533$26,699

After-tax figures assume a single filer with the standard deduction, tax year 2026. Run your own numbers.

Overtime

Non-exempt workers earn at least 1.5 times their regular rate for hours over 40 in a workweek, which is $22.74 an hour at the Colorado minimum. Daily overtime after 12 hours in a workday or 12 consecutive hours, plus weekly after 40 (COMPS Order).

How Colorado compares with its neighbors

StateMinimum wageNext change
Colorado$15.16$15.71 on January 1, 2027
Arizona$15.15$15.65 on January 1, 2027
Kansas$7.25—
Nebraska$15.00$15.26 on January 1, 2027
New Mexico$12.00—
Oklahoma$7.25—
Utah$7.25—
Wyoming$7.25—

Frequently asked questions

What is the minimum wage in Colorado?
The Colorado minimum wage is $15.16 an hour as of November 3, 2026.
Is Colorado's minimum wage going up?
Yes. It is scheduled to rise to $15.71 on January 1, 2027.
What is the tipped minimum wage in Colorado?
Employers can pay tipped workers a cash wage of $12.14 as long as tips bring total pay to at least $15.16 an hour.
How much is minimum wage a year in Colorado?
About $31,533 before taxes for 40 hours a week, 52 weeks a year, or roughly $26,699 after federal and state taxes.