Statewide floor
New York $16.00/hr vs Virginia $12.77/hr
In 2026, New York wins on the statewide minimum wage: $16.00/hour vs $12.77/hour in Virginia — a gap of $3.23/hour. At full-time (40 hrs/week), that is roughly $6,718.40 more gross income per year before taxes. This page compares floors, tip credits, local rates, and scheduled increases; use our hourly and tax calculators for take-home.
By Sammy S. · Founder · AuthorUpdated for 2026
$16.00/hr
$33,280.00/yr FT · effective January 1, 2026
Highest listed local: New York City at $17.00/hr
Gap: $3.23/hr · $6,718.40/yr FT ($559.87/mo)
| Metric | ||
|---|---|---|
| Statewide minimum | $16.00/hr | $12.77/hr |
| FT annual gross (40×52) | $33,280.00 | $26,561.60 |
| vs federal floor | Above federal | Above federal |
| Tip credit | Yes ($11.35 cash) | No tip credit |
| Local floors listed | 1 | 0 |
| Scheduled / indexed raises | None listed | Yes |
Gross pay at each state's statewide minimum (before taxes).
| Hours | New York / wk | Virginia / wk | New York / yr | Virginia / yr |
|---|---|---|---|---|
| 20 hrs | $320.00 | $255.40 | $16,640.00 | $13,280.80 |
| 30 hrs | $480.00 | $383.10 | $24,960.00 | $19,921.20 |
| 40 hrs | $640.00 | $510.80 | $33,280.00 | $26,561.60 |
Official January 1 rates from the U.S. Department of Labor for New York vs Virginia.
| Year | Gap | ||
|---|---|---|---|
| 2026 | $16.00 | $12.77 | -$3.23 |
| 2025 | $15.50 | $12.41 | -$3.09 |
| 2024 | $15.00 | $12.00 | -$3.00 |
| 2023 | $14.20 | $12.00 | -$2.20 |
| 2022 | $13.20 | $11.00 | -$2.20 |
| 2021 | $12.50 | $9.50 | -$3.00 |
| 2020 | $11.80 | $7.25 | -$4.55 |
Source: DOL WHD historical tables (Jan 1 rates).
Pros
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Pros
Cons / caveats
Planning guide
New York has the higher statewide minimum in 2026. Use tip credits, city floors, and take-home tools before deciding which corridor fits workers or payroll.
New York $16.00/hr vs Virginia $12.77/hr
$6,718.40/yr before taxes
New York: allowed · Virginia: not allowed
New York: 1 major · Virginia: 0 major
Pay follows where hours are worked. City ordinances can exceed either statewide floor.
Cash wages under a tip credit are not the full minimum until tips make up the difference.
Rates are for 2026. Scheduled increases can change the gap mid-year.
Convert hours with the hourly calculator, then compare state tax take-home for net pay.
The federal FLSA floor is a nationwide baseline. Workers get the highest of federal, state, or local rates that apply to their hours. This duel ranks statewide floors; local ordinances and tip credits can change the cash wage for specific jobs.
In 2026, New York wins on the statewide minimum wage: $16.00/hour vs $12.77/hour in Virginia — a gap of $3.23/hour. At full-time (40 hrs/week), that is roughly $6,718.40 more gross income per year before taxes. This page compares floors, tip credits, local rates, and scheduled increases; use our hourly and tax calculators for take-home.
Wage floors are only half the story. See state tax take-home comparisons for federal + state + FICA at the same salary.
All 51 rates & effective dates
Province vs province floors
Age band vs age band floors
Band vs band floors
Age band vs age band floors
Convert wage to annual pay
Take-home by state
Daily OT vs FLSA rankings