How Much Do You Take Home on Minimum Wage in Florida?
The minimum wage in Florida is $14.00 per hour in 2026. Working a standard 40-hour week for 52 weeks, your gross annual income is $29,120. After federal income tax, Social Security, and Medicare, your estimated take-home pay is $25,578 per year.
Note: Florida has no state income tax - your actual take home may be higher than this federal-only estimate.
| Time Period | Gross Pay | Federal Tax Est. | Take Home |
|---|---|---|---|
| Hourly | $14.00 | $1.70 | $12.30 |
| Weekly (40 hrs) | $560 | $68 | $492 |
| Monthly | $2,426.67 | $295.17 | $2,131 |
| Annual | $29,120 | $3,542 | $25,578 |
What Taxes Come Out of a Minimum Wage Paycheck in Florida?
Working at the Florida minimum wage of $14.00/hr, three federal taxes are deducted from every paycheck:
- Federal Income Tax - After the $16,100 standard deduction for 2026 (single filer), $13,020 of your $29,120 annual income is taxable, starting in the 10% federal bracket.
- Social Security (6.2%) - Deducted on all earned income up to the 2026 wage base of $184,500. Minimum wage earnings are always fully subject to it.
- Medicare (1.45%) - Deducted on all earned income with no cap.
How This Is Calculated: Florida Worked Example
Every figure in the table above comes from the same four-step calculation, using the 2026 IRS standard deduction, 2026 federal tax brackets, and current FICA rates. Here is the full math for one year of full-time work at the Florida minimum wage:
- Step 1 - Annual gross pay: $14.00/hour × 40 hours × 52 weeks = $29,120.
- Step 2 - Apply the standard deduction: The 2026 IRS standard deduction for a single filer is $16,100.
- Step 3 - Federal income tax: Taxable income is $29,120 − $16,100 = $13,020. The first $12,400 is taxed at 10% ($1,240) and the remaining $620 at 12% ($74.40), for a total of $1,314.40.
- Step 4 - FICA taxes: Social Security (6.2%) plus Medicare (1.45%) equals 7.65% of gross pay: $29,120 × 0.0765 = $2,227.68. FICA applies from the first dollar earned - the standard deduction does not reduce it.
Annual take-home: $29,120 − $1,314.40 − $2,227.68 = $25,577.92. That matches the Annual row in the table above. Assumptions: single filer, no dependents, standard deduction, no state or local income tax withheld in this federal estimate, no pre-tax benefits. Your actual paycheck may differ - this is an educational estimate, not tax advice.
Florida Minimum Wage FAQ
Data sources: Minimum wage rates from U.S. Department of Labor, Wage and Hour Division. Tax calculations based on 2026 IRS federal tax brackets. State-specific rates verified against state labor department websites. Last updated: April 2026
Disclaimer: These calculators provide estimates for federal taxes only and should not be considered tax advice. Actual take-home pay may vary based on additional deductions, state/local taxes, filing status, and other factors. Consult a tax professional for personalized advice.
Browse Minimum Wage After Tax by State
2026 Living Wage vs. Minimum Wage in Florida
The 2026 minimum wage is $14.00/hr, but the MIT-calculated living wage for a single adult in this state is approximately $18.65/hr (MIT Living Wage Calculator, Miami-Dade County single adult 2026). That's a gap of $4.65/hr between legal minimum and economic sufficiency.
Local Minimum Wage Rates - Florida 2026
Florida minimum wage workers benefit from no state income tax, meaning the federal OBBBA overtime exemption (up to $12,500 tax-free overtime premium) applies without any offsetting state tax liability. The state minimum wage increases to $15.00/hr on September 30, 2026 - the final step in a voter-approved schedule from Amendment 2 (2020). Florida law explicitly prohibits cities and counties from setting local minimum wages above the state rate, so $14.00/hr (soon $15.00) applies uniformly across all Florida jurisdictions.
| City/Category | 2026 Local Wage | Notes |
|---|---|---|
| Statewide | $14.00 | → $15.00 on September 30, 2026 |
| City/County Overrides | None | Florida state law prohibits local wage ordinances |
| Tipped Workers | $10.98 | → $11.98 on September 30, 2026 |
Scheduled Minimum Wage Increases
Next increase: September 30, 2026 - Increases to $15.00/hr (Amendment 2 schedule)
For the official rate schedule, visit the state Department of Labor website.
Tipped Employee Minimum Wage
$10.98 cash wage (→ $11.98 on September 30, 2026)
OBBBA 2026 Overtime & Tips - Florida
No state income tax - Florida workers keep all OBBBA overtime and tip federal exemptions
Under the federal One Big Beautiful Bill Act (OBBBA), overtime premiums are federally tax-free up to $12,500 (single) and tips are federally tax-free up to $25,000. Whether this benefit is offset by state taxes depends on your state's OBBBA coupling status above.