Minimum Wage Florida 2024 Calculator Florida. What is minimum wage in 2024? The fica tax withholding from each of your paychecks is your way of paying into the social security and medicare systems that you’ll benefit from in your retirement years.

On january 1, 2024, the state of florida increased the state’s minimum wage to $12.00 for each hour worked, except worker’s tips. The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or.