Will Virginia Minimum Wage Increase In 2024. Glenn youngkin legislation that would increase the state’s minimum wage to $15. The bill would increase the minimum wage from the current rate of $12 per hour to $13.50 effective january 1, 2025;
Then it would increase again to $15 per hour. Virginia’s state minimum wage is set to gradually increase each year, until it reaches $15 starting january 1, 2026.