$15 an Hour Is How Much a Year? (2026)
Working full-time, $15 an hour is $31,200 a year before taxes, $2,600 a month. After federal income tax and FICA a single filer takes home about $27,249 a year, or $2,271 a month. State income tax is not included.
$15 an hour by pay period
| Period | Gross | Take-home |
|---|---|---|
| Hourly | $15.00 | $13.10 |
| Daily (8 hours) | $120 | $105 |
| Weekly (40 hours) | $600 | $524 |
| Biweekly | $1,200 | $1,048 |
| Monthly | $2,600 | $2,271 |
| Annual (2,080 hours) | $31,200 | $27,249 |
Annual pay is $15.00 × 2,080 hours (40 hours × 52 weeks), with no unpaid time off. Take-home is for a single filer after 2026 federal income tax and FICA, with no 401(k), health insurance or credits.
Where the money goes
On $31,200 you pay $1,564 in federal income tax and $2,387 in FICA (Social Security and Medicare), an overall rate of 12.7%. Your top federal bracket is 12%, but only the income above each bracket threshold is taxed at that rate. Check the bracket-by-bracket math on the federal income tax calculator.
$15 an hour at different hours per week
| Hours / week | Weekly gross | Annual gross | Take-home / month |
|---|---|---|---|
| 20 | $300 | $15,600 | $1,201 |
| 25 | $375 | $19,500 | $1,472 |
| 30 | $450 | $23,400 | $1,740 |
| 35 | $525 | $27,300 | $2,008 |
| 40 | $600 | $31,200 | $2,271 |
| 45 (overtime) | $713 | $37,050 | $2,662 |
| 50 (overtime) | $825 | $42,900 | $3,054 |
Hours over 40 a week are paid at $22.50 (time and a half) and the table assumes 52 weeks at that schedule. Work out your own week with the overtime pay calculator.
What about your state?
The take-home pay above is exact in the 9 states with no tax on wages: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming. Everywhere else, state income tax reduces it further. Add your state, pre-tax deductions and pay schedule in the paycheck calculator. If you are paid as a 1099 contractor, you would also owe self-employment tax: use the self-employment tax calculator.
Frequently asked questions
How much is $15 an hour per year?
Working full-time (40 hours a week, 52 weeks, 2,080 hours), $15 an hour is $31,200 a year before taxes. That is $2,600 a month, $1,200 every two weeks and $600 a week.
How much is $15 an hour after taxes?
A single filer with no other deductions takes home about $27,249 a year after 2026 federal income tax ($1,564) and FICA ($2,387): $2,271 a month, $1,048 biweekly, or $13.10 for every hour worked. State income tax comes off this figure in most states.
How much is $15 an hour for 20 hours a week?
Part-time at 20 hours a week is $300 a week, or $15,600 a year before tax. After federal income tax and FICA that is about $14,407 a year ($1,201 a month).
What is overtime at $15 an hour?
Time and a half is $22.50 an hour for every hour over 40 in a week. A 45-hour week pays $713 before tax, or $37,050 a year if you keep it up all year.
Compare other hourly rates
Estimates for a W-2 employee using the 2026 federal brackets and standard deductions and 2026 FICA rates. See the 2026 federal tax brackets guide or salary after taxes for yearly salaries.