Minimum wage in Vermont
Vermont's minimum wage is $14.42 an hour, $7.17 above the federal minimum. Full-time, that works out to $29,994 a year before taxes.
Last verified November 2, 2026. Sources: dol.gov.
$14.42Minimum wage per hour
$7.21Tipped cash wage
$21.63Overtime rate (1.5×)
—No change scheduled
Who gets which rate
Employers with 2+ employees. 2027 adjustment pending: CPI-indexed (capped at 5%), effective Jan 1, 2027, not yet published by VT DOL at retrieval (Bloomberg Tax estimate ~$14.91, unconfirmed). Tipped cash = 50% of minimum.
What the minimum wage pays in Vermont
| Period | Before taxes | After taxes (estimate) |
|---|---|---|
| Hour | $14.42 | $12.34 |
| Week (40 hours) | $577 | $494 |
| Month | $2,499 | $2,140 |
| Year (2,080 hours) | $29,994 | $25,676 |
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 $21.63 an hour at the Vermont minimum.
How Vermont compares with its neighbors
| State | Minimum wage | Next change |
|---|---|---|
| Vermont | $14.42 | — |
| Massachusetts | $15.00 | — |
| New Hampshire | $7.25 | — |
| New York | $16.00 | — |
Frequently asked questions
- What is the minimum wage in Vermont?
- The Vermont minimum wage is $14.42 an hour as of November 3, 2026.
- Is Vermont's minimum wage going up?
- No increase is scheduled right now. Wagevane checks for announcements and updates this page automatically.
- What is the tipped minimum wage in Vermont?
- Employers can pay tipped workers a cash wage of $7.21 as long as tips bring total pay to at least $14.42 an hour.
- How much is minimum wage a year in Vermont?
- About $29,994 before taxes for 40 hours a week, 52 weeks a year, or roughly $25,676 after federal and state taxes.