Colorado minimum wage is $14.42 per hour in 2026, equivalent to $29,994 per year for a full-time worker. Colorado minimum wage is $14.42/hr, adjusted annually for inflation.
| Category | Rate |
|---|---|
| Standard minimum wage | $14.42/hr |
| Annual salary (40hr week, 52 weeks) | $29,994/yr |
| Federal minimum wage | $7.25/hr |
| Above federal rate? | Yes — +$7.17/hr |
| State income tax | 4.4% |
Colorado minimum wage is $14.42/hr, adjusted annually for inflation.
A full-time worker earning the Colorado minimum wage of $14.42/hr working 40 hours per week, 52 weeks per year earns $29,994 gross per year. After federal income tax, Social Security and Medicare deductions, take-home pay is typically $24,595–$26,394 per year depending on individual circumstances.
Colorado has a state income tax rate of up to 4.4%, which reduces take-home pay for minimum wage workers.
What is the minimum wage in Colorado?
The minimum wage in Colorado is $14.42 per hour in 2026. Colorado minimum wage is $14.42/hr, adjusted annually for inflation.
What is the annual salary at minimum wage in Colorado?
Working 40 hours per week, a minimum wage worker in Colorado earns $29,994 per year before tax.
Is Colorado minimum wage above the federal rate?
Yes — Colorado minimum wage of $14.42/hr is above the federal minimum wage of $7.25/hr.
What are the salary options above minimum wage in Colorado?
For higher earning opportunities in Colorado, see our full Colorado salary guide covering 50+ professions.
Compare Colorado's minimum wage with nearby states:
If you're looking to earn more than the Colorado minimum wage, explore our salary guides for in-demand professions in Colorado: