Minimum Wage In Tennessee 2024 Per Hourly Rate. The bill states as introduced, increases the hourly minimum wage to $20.00, or the federal minimum wage established pursuant to the fair labor standards. As of 2024, the minimum wage in tennessee is $7.25 per hour, which matches the federal minimum wage.

Basic minimum rate (per hour): The minimum wage in tennessee is $7.25, which is the same as the federal minimum wage.