Salary Minimum Wage 2024 Colorado Springs Co. Workers receive a higher minimum wage in colorado that exceeds the federal minimum wage of $7.25. The statewide minimum wage for colorado — currently $13.65 — will increase on january 1, 2024, in line with the cost of living (cola) to an amount not yet determined.
This is higher than the federal minimum wage of $7.25 per hour, and it is also higher than the average. Additionally, colorado’s minimum salary requirement for exempt employees will increase.
The Average Salary In Colorado Springs, Colorado, As Of July 2024, Is $28.32 An Hour Or $58,915 Per Year.
) at the rate agreed to by the employer and employee.
Enter Your Info To See Your Take Home Pay.
Smartasset’s colorado paycheck calculator shows your hourly and salary income after federal, state and local taxes.
Salary Minimum Wage 2024 Colorado Springs Co Images References :
Workers Receive A Higher Minimum Wage In Colorado That Exceeds The Federal Minimum Wage Of $7.25.
Additionally, colorado’s minimum salary requirement for exempt employees will increase.
The Colorado Minimum Wage Is The Lowermost Hourly Rate That Any.
Eastern and southern colorado areas had the lowest average wage at $54,205 and median wage of $45,220.