Minimum Wage Virginia 2024 Per Hours. Increases the minimum wage from the current rate of $12.00 per hour to $13.50 per hour effective january 1, 2025, and to $15.00 per hour effective january 1, 2026. On january 1st, 2021, virginia broke free of the federal minimum wage rate ($7.25 p/h) and upgraded the minimum wage rate for employees within the state to $9.50 per hour in 2021.
A full time minimum wage worker in virginia working will earn $480.00 per week, or $24,960.00 per year. This ballot measure would increase the minimum wage to $18 per hour, and continue to increase the minimum wage based on inflation as measured by the consumer price index.
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