Federal Reserve Economic Data: Your trusted data source since 1991

State Minimum Wage Rate for Missouri (STTMINWGMO)

Observation:

2024: 12.30 (+ more)   Updated: Mar 29, 2024 1:29 PM CDT
2024:  12.30  
2023:  12.00  
2022:  11.15  
2021:  10.30  
2020:  9.45  
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Units:

Dollars per Hour,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Department of Labor  

Release: Minimum Wage Rate by State  

Units:  Dollars per Hour, Not Seasonally Adjusted

Frequency:  Annual

Notes:

State minimum wage does not apply to employees of retail or service businesses with gross annual sales or receipts below a certain point. State minimum wage is changed annually based on changes in the CPI and a cost of living formula.

For more information, visit https://www.dol.gov/whd/state/stateMinWageHis.htm

Suggested Citation:

U.S. Department of Labor, State Minimum Wage Rate for Missouri [STTMINWGMO], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STTMINWGMO, May 3, 2024.

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