$24 an Hour Is How Much a Year?
Working 40 hours/week, $24/hr equals $49,920/year gross — $40,993/year after taxes in California.
$24/Hour Salary by Hours Per Week
Gross annual income at different work schedules.
| Hours / Week | Annual | Monthly | Weekly |
|---|---|---|---|
| 20 hrs/wk | $24,960 | $2,080 | $480 |
| 25 hrs/wk | $31,200 | $2,600 | $600 |
| 30 hrs/wk | $37,440 | $3,120 | $720 |
| 32 hrs/wk | $39,936 | $3,328 | $768 |
| 37.5 hrs/wk | $46,800 | $3,900 | $900 |
| 40 hrs/wk Standard | $49,920 | $4,160 | $960 |
| 45 hrs/wk | $56,160 | $4,680 | $1,080 |
| 50 hrs/wk | $62,400 | $5,200 | $1,200 |
$24/Hour After Taxes by State
Take-home pay on a $49,920 salary (40 hrs/wk), single filer.
| State | Take-Home / Year | Per Month | Eff. Rate |
|---|---|---|---|
| Texas | $42,291 | $3,524 | 15.3% |
| Florida | $42,291 | $3,524 | 15.3% |
| Washington | $42,291 | $3,524 | 15.3% |
| California | $40,993 | $3,416 | 17.9% |
| New York | $40,150 | $3,346 | 19.6% |
| Illinois | $39,940 | $3,328 | 20.0% |
Texas, Florida, and Washington have no state income tax. Use the calculator for your exact state and filing status.
$24 an Hour — Full Breakdown
At $24 per hour working a standard 40-hour week for 52 weeks (2,080 hours/year), your gross annual salary is $49,920. If you work 37.5 hours per week (common in some industries), your annual earnings drop to $46,800. Part-time at 32 hours/week comes to $39,936.
Your daily earnings at $24/hour are $192 (based on an 8-hour workday). Your weekly gross is $960. Every two weeks (bi-weekly pay), your gross paycheck is $1,920.
$24/Hour After Federal Taxes
On a $49,920 annual salary, a single filer in 2026 pays $3,810 in federal income tax and $3,819 in FICA taxes (Social Security + Medicare). That leaves a federal-only take-home of $42,291 before state taxes.
Is $24 an Hour a Good Wage?
$24/hour ($49,920/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
Want to see your exact take-home pay with deductions?
Use the Full Calculator →