$15 an Hour Is How Much a Year?
$15 an hour is $31,200 a year for full-time work, which is $2,600 a month, $1,200 every two weeks and $600 a week before taxes.
Before state and local tax. Add your state in the paycheck calculator.
$15 an hour at different schedules
| Hours per week | Weekly | Monthly | Yearly |
|---|---|---|---|
| Full-time (40 h) | $600 | $2,600 | $31,200 |
| 35 h | $525 | $2,275 | $27,300 |
| 30 h | $450 | $1,950 | $23,400 |
| Part-time (20 h) | $300 | $1,300 | $15,600 |
Yearly figures assume 52 paid weeks. If you take two weeks off unpaid, a full-time salary at $15 an hour is $30,000 (2,000 hours).
How the conversion works
Annual salary = Hourly wage × Hours per week × 52 $15 × 40 × 52 = $31,200
A quick mental shortcut: double the hourly wage and add three zeros. $15 × 2 = 30, so roughly $30,000 a year. The exact figure is a little higher because a year has 2,080 working hours, not 2,000.
Overtime at $15 an hour
Non-exempt workers earn at least time and a half for hours over 40 in a week. At $15 an hour that is $22.50 per overtime hour; 5 overtime hours a week add $113 to a weekly paycheck. Use the overtime calculator for your exact hours.
How $15 an hour compares
$15 an hour is 2.1 times the federal minimum wage of $7.25, which has not changed since 2009. Many states and cities set higher minimums. Whether $15 an hour is a comfortable income depends heavily on local housing costs: by the common 30% rule, $31,200 supports rent of about $780 a month (rent affordability calculator).
| Hourly wage | Monthly | Yearly |
|---|---|---|
| $12 an hour | $2,080 | $24,960 |
| $13 an hour | $2,253 | $27,040 |
| $14 an hour | $2,427 | $29,120 |
| $15 | $2,600 | $31,200 |
| $16 an hour | $2,773 | $33,280 |
| $17 an hour | $2,947 | $35,360 |
| $18 an hour | $3,120 | $37,440 |
Frequently asked questions
How much is $15 an hour a year?
$15 an hour is $31,200 a year if you work 40 hours a week for 52 weeks (2,080 hours). With two weeks of unpaid time off it is $30,000.
How much is $15 an hour per month?
About $2,600 a month before taxes, based on 2,080 working hours a year divided by 12 months.
How much is $15 an hour after taxes?
For a single filer with no other income, federal income tax and FICA leave roughly $27,249 a year, or $2,271 a month, before any state or local income tax.
What is $15 an hour overtime?
Time and a half is $22.50 an hour, and double time is $30.00 an hour.
Tax estimates use 2026 federal brackets, the single standard deduction of $16,100 and 7.65% FICA. They are estimates, not tax advice.