$16 an Hour Is How Much a Year? (2026)
Working full-time, $16 an hour is $33,280 a year before taxes, $2,773 a month. After federal income tax and FICA a single filer takes home about $28,920 a year, or $2,410 a month. State income tax is not included.
$16 an hour by pay period
| Period | Gross | Take-home |
|---|---|---|
| Hourly | $16.00 | $13.90 |
| Daily (8 hours) | $128 | $111 |
| Weekly (40 hours) | $640 | $556 |
| Biweekly | $1,280 | $1,112 |
| Monthly | $2,773 | $2,410 |
| Annual (2,080 hours) | $33,280 | $28,920 |
Annual pay is $16.00 × 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 $33,280 you pay $1,814 in federal income tax and $2,546 in FICA (Social Security and Medicare), an overall rate of 13.1%. 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.
$16 an hour at different hours per week
| Hours / week | Weekly gross | Annual gross | Take-home / month |
|---|---|---|---|
| 20 | $320 | $16,640 | $1,276 |
| 25 | $400 | $20,800 | $1,562 |
| 30 | $480 | $24,960 | $1,847 |
| 35 | $560 | $29,120 | $2,131 |
| 40 | $640 | $33,280 | $2,410 |
| 45 (overtime) | $760 | $39,520 | $2,828 |
| 50 (overtime) | $880 | $45,760 | $3,246 |
Hours over 40 a week are paid at $24.00 (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 $16 an hour per year?
Working full-time (40 hours a week, 52 weeks, 2,080 hours), $16 an hour is $33,280 a year before taxes. That is $2,773 a month, $1,280 every two weeks and $640 a week.
How much is $16 an hour after taxes?
A single filer with no other deductions takes home about $28,920 a year after 2026 federal income tax ($1,814) and FICA ($2,546): $2,410 a month, $1,112 biweekly, or $13.90 for every hour worked. State income tax comes off this figure in most states.
How much is $16 an hour for 20 hours a week?
Part-time at 20 hours a week is $320 a week, or $16,640 a year before tax. After federal income tax and FICA that is about $15,313 a year ($1,276 a month).
What is overtime at $16 an hour?
Time and a half is $24.00 an hour for every hour over 40 in a week. A 45-hour week pays $760 before tax, or $39,520 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.