$15 an Hour is How Much a Year?
Calculate Your Exact Pay
Breakdown of $15/Hour
| Time Period | Amount |
|---|---|
| Yearly (52 weeks) | $31,200 |
| Monthly | $2,600 |
| Bi-weekly (every 2 weeks) | $1,200 |
| Weekly | $600 |
| Daily (8 hours) | $120 |
*Based on 40 hours per week, 52 weeks per year (2,080 total working hours).
Is $15 an Hour Good Pay?
At $15 per hour, you're earning $31,200 annually, which is around the national median for hourly workers. While this provides a basic income, budgeting carefully is important, especially in higher cost-of-living areas.
After Taxes: What You'll Actually Take Home
At $15/hour ($31,200/year), you can expect to pay approximately 20-30% in federal and state taxes, depending on your location and filing status.
A rough estimate of your after-tax income would be around $23,400 per year, or about $1,950 per month.
Use our Take-Home Pay Calculator for a more accurate estimate based on your state and deductions.
Frequently Asked Questions
How much is $15 an hour monthly?
$15 per hour equals approximately $2,600 per month before taxes, assuming you work 40 hours per week.
What is $15/hour bi-weekly?
Working 40 hours per week at $15/hour, you'll earn $1,200 every two weeks (26 paychecks per year).
How much is $15 an hour for 20 hours a week?
At 20 hours per week, $15/hour equals $15,600 per year, or about $1,300 per month.
Is $15/hour enough to live on?
Whether $15/hour is enough depends on your location, household size, and lifestyle. In lower cost-of-living areas, $31,200 may be sufficient. In expensive cities like San Francisco or New York, it may be challenging.