$15 an Hour Is How Much a Year?
Working 40 hours/week, $15/hr equals $31,200/year gross — $26,813/year after taxes in California.
$15/Hour Salary by Hours Per Week
Gross annual income at different work schedules.
| Hours / Week | Annual | Monthly | Weekly |
|---|---|---|---|
| 20 hrs/wk | $15,600 | $1,300 | $300 |
| 25 hrs/wk | $19,500 | $1,625 | $375 |
| 30 hrs/wk | $23,400 | $1,950 | $450 |
| 32 hrs/wk | $24,960 | $2,080 | $480 |
| 37.5 hrs/wk | $29,250 | $2,438 | $563 |
| 40 hrs/wk Standard | $31,200 | $2,600 | $600 |
| 45 hrs/wk | $35,100 | $2,925 | $675 |
| 50 hrs/wk | $39,000 | $3,250 | $750 |
$15/Hour After Taxes by State
Take-home pay on a $31,200 salary (40 hrs/wk), single filer.
| State | Take-Home / Year | Per Month | Eff. Rate |
|---|---|---|---|
| Texas | $27,249 | $2,271 | 12.7% |
| Florida | $27,249 | $2,271 | 12.7% |
| Washington | $27,249 | $2,271 | 12.7% |
| California | $26,813 | $2,234 | 14.1% |
| New York | $26,138 | $2,178 | 16.2% |
| Illinois | $25,825 | $2,152 | 17.2% |
Texas, Florida, and Washington have no state income tax. Use the calculator for your exact state and filing status.
$15 an Hour — Full Breakdown
At $15 per hour working a standard 40-hour week for 52 weeks (2,080 hours/year), your gross annual salary is $31,200. If you work 37.5 hours per week (common in some industries), your annual earnings drop to $29,250. Part-time at 32 hours/week comes to $24,960.
Your daily earnings at $15/hour are $120 (based on an 8-hour workday). Your weekly gross is $600. Every two weeks (bi-weekly pay), your gross paycheck is $1,200.
$15/Hour After Federal Taxes
On a $31,200 annual salary, a single filer in 2026 pays $1,564 in federal income tax and $2,387 in FICA taxes (Social Security + Medicare). That leaves a federal-only take-home of $27,249 before state taxes.
Is $15 an Hour a Good Wage?
$15/hour ($31,200/year) is above the federal minimum wage and competitive for entry-level and service roles. It provides a livable income in most lower cost-of-living areas, though it may be tight in high cost cities like San Francisco or New York.
Related Hourly Rates
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