What You Need to Know About Iowa’s Minimum Wage

What You Need to Know About Iowa’s Minimum Wage
If you are a business owner in Iowa, this guide will help get up-to-date on the minimum wage rules in your state.
by Colleen Egan Oct 02, 2023 — 2 min read
What You Need to Know About Iowa’s Minimum Wage

Small business owners in Iowa know how important it is to stay up to date on minimum wage regulations. Naturally, you want to make sure you’re complying, but staying aware of upcoming changes also lets you better plan for the future of your business.

That’s why we put together this quick guide with some key information you need to know about the Iowa minimum wage.

What is minimum wage in Iowa in 2024?

The minimum wage in Iowa is $7.25. This is the same as the federal minimum wage, which has not changed since July 2009. Iowa is one of 20 states that follow the federal minimum wage.

There are some exceptions to the $7.25 minimum wage:

Will the Iowa minimum wage change beyond 2024?

There is currently no legislation being considered at the state level that would raise Iowa’s minimum wage above the federal level. Wage increases in Iowa are not in the forecast, and Iowa’s minimum wage history has been stagnant since 2009, when wages were raised from $5.85 per hour.

Iowa Republicans have used their majorities in both chambers to prevent local governments from raising the minimum wage

How should small business owners prepare for changes to Iowa’s minimum wage?

Here are some other steps you can take to make sure your business is ready for any financial changes, or if the minimum wage in Iowa does increase:


Make sure your business is prepared for anything with our COVID-19 small business resources. Also keep in compliance by following these helpful guidelines, consulting other Iowa wage resources, and discussing the Iowa minimum wage laws with your accountant and lawyer.

Colleen Egan
Colleen Egan writes for Square, where she covers everything from how aspiring entrepreneurs can turn their passion into a career to the best marketing strategies for small businesses who are ready to take their enterprise to the next level.


Keep Reading

Tell us a little more about yourself to gain access to the resource.

i Enter your first name.
i Enter your last name.
i Enter a valid email.
i Enter a valid phone number.
i Enter your company name.
i Select estimated annual revenue.
i This field is required.

Thank you!
Check your email for your resource.

Results for

Based on your region, we recommend viewing our website in:

Continue to ->