$15 an hour is how much a year?
If you work 40 hours a week for 52 weeks, $15 an hour is $31,200 a year before taxes — about $2,600 a month.
Pay breakdown
| Period | Gross pay |
|---|---|
| Yearly | $31,200 |
| Monthly | $2,600 |
| Semi-monthly (24/yr) | $1,300 |
| Biweekly (26/yr) | $1,200 |
| Weekly | $600 |
| Daily (8 hours) | $120.00 |
| Hourly | $15.00 |
Different schedules
Yearly pay at $15.00/hour depends on how many hours you work.
| Hours / week | Weekly | Yearly (52 wks) | Yearly (50 wks, 2 unpaid) |
|---|---|---|---|
| 20 | $300 | $15,600 | $15,000 |
| 25 | $375 | $19,500 | $18,750 |
| 30 | $450 | $23,400 | $22,500 |
| 35 | $525 | $27,300 | $26,250 |
| 40 | $600 | $31,200 | $30,000 |
| 45 | $675 | $35,100 | $33,750 |
| 50 | $750 | $39,000 | $37,500 |
With overtime
Overtime at time-and-a-half ($22.50/hour) for hours over 40.
| Overtime hours / week | Weekly | Yearly |
|---|---|---|
| 0 | $600 | $31,200 |
| 5 | $713 | $37,050 |
| 10 | $825 | $42,900 |
| 15 | $938 | $48,750 |
| 20 | $1,050 | $54,600 |
How it's calculated
Multiply the hourly rate by hours per week and weeks per year: $15 × 40 × 52 = $31,200. A quick shortcut is to double the hourly rate and add three zeros (≈ $30,000). These are gross (pre-tax) figures; take-home pay will be lower after federal, state and payroll taxes.
Change the numbers →
Open the Hourly to Salary Calculator with these values filled in.
These figures are educational estimates, not financial advice.
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