Salary guide · 2026
$15 an hour is how much a year?
$31,200 per year, working full-time (40 hours a week, 52 weeks).
| Period | Gross pay |
|---|---|
| Yearly (2,080 hrs) | $31,200 |
| Monthly | $2,600 |
| Biweekly (80 hrs) | $1,200 |
| Weekly (40 hrs) | $600 |
| Daily (8 hrs) | $120 |
| Hourly | $15.00 |
After taxes
Gross pay is not what lands in your account. For a single filer with no state income tax, $15/hour ($31,200/year) leaves roughly $27,249 per year — about $2,271 per month — after 2026 federal income tax ($1,564) and Social Security & Medicare ($2,387). State income tax, 401(k) and health premiums reduce it further. Get your exact number with the take-home pay calculator, which covers all 50 states.
How this is calculated
Full-time work is 2,080 hours a year (40 × 52). So $15 × 2,080 = $31,200. Working fewer weeks lowers it: at 50 weeks the total is $30,000. Overtime at time-and-a-half ($22.5/hr) raises it above these figures. Convert any other rate with the salary to hourly calculator.
Part-time and other schedules
Not everyone works 2,080 hours. Here is $15/hour across common schedules:
| Schedule | Yearly | Monthly |
|---|---|---|
| 20 hrs/week | $15,600 | $1,300 |
| 25 hrs/week | $19,500 | $1,625 |
| 30 hrs/week | $23,400 | $1,950 |
| 35 hrs/week | $27,300 | $2,275 |
| 40 hrs/week | $31,200 | $2,600 |
How $15/hour compares
$15 is 2.1× the federal minimum wage ($7.25, unchanged since 2009; many states set higher floors). Median US hourly earnings sit around the low-$30s (BLS, full-time workers), so use that as a rough national benchmark.
A budget snapshot at this wage
On the estimated take-home of about $2,271/month (single, no state tax), the classic 50/30/20 budget looks like: $1,135 needs · $681 wants · $454 savings/debt. High-rent areas push needs past 50% — that is the signal to adjust the other two, not to skip savings entirely.
Questions
How much is $15 an hour annually?
$31,200 per year at 40 hours a week for 52 weeks (2,080 hours).
How much is $15 an hour monthly?
About $2,600 per month before taxes.
How much is $15 an hour biweekly?
$1,200 every two weeks before taxes (80 hours).
What is $15 an hour after taxes?
Roughly $27,249 a year ($2,271/month) for a single filer with no state income tax, after 2026 federal tax and FICA. State tax reduces this further.
Is $15 an hour good pay?
It depends on your area and household size. At $31,200 a year it is near or below the US median individual income; cost of living matters most.
2026 federal brackets, single filer, standard deduction $16,100. Estimates for education, not tax advice. Last updated: July 2026.