Colorado Salary Calculator
This Colorado Salary Calculator helps Colorado workers estimate their gross earnings based on hourly rates and state minimum wage requirements ($14.42/hr in 2024). It automatically applies Colorado's minimum wage if the entered rate is lower.
1. What is Colorado's current minimum wage?
Colorado's minimum wage is $14.42 per hour as of January 2024, with tipped employees earning $11.40 per hour. The calculator automatically uses this rate if your entered wage is lower than state requirements.
2. Does this calculator account for overtime?
No, this basic version calculates regular wages only. Colorado requires 1.5x pay for hours over 40/week, which isn't automatically calculated here.
3. Are taxes deducted from the calculation?
No, this shows gross pay only. Actual take-home pay will be lower due to federal/state taxes and other deductions.