$20 an Hour Is How Much a Year? (2026)
Working full-time, $20 an hour is $41,600 a year before taxes, $3,467 a month. After federal income tax and FICA a single filer takes home about $35,606 a year, or $2,967 a month. State income tax is not included.
$20 an hour by pay period
| Period | Gross | Take-home |
|---|---|---|
| Hourly | $20.00 | $17.12 |
| Daily (8 hours) | $160 | $137 |
| Weekly (40 hours) | $800 | $685 |
| Biweekly | $1,600 | $1,369 |
| Monthly | $3,467 | $2,967 |
| Annual (2,080 hours) | $41,600 | $35,606 |
Annual pay is $20.00 × 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 $41,600 you pay $2,812 in federal income tax and $3,182 in FICA (Social Security and Medicare), an overall rate of 14.4%. 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.
$20 an hour at different hours per week
| Hours / week | Weekly gross | Annual gross | Take-home / month |
|---|---|---|---|
| 20 | $400 | $20,800 | $1,562 |
| 25 | $500 | $26,000 | $1,918 |
| 30 | $600 | $31,200 | $2,271 |
| 35 | $700 | $36,400 | $2,619 |
| 40 | $800 | $41,600 | $2,967 |
| 45 (overtime) | $950 | $49,400 | $3,489 |
| 50 (overtime) | $1,100 | $57,200 | $4,012 |
Hours over 40 a week are paid at $30.00 (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 $20 an hour per year?
Working full-time (40 hours a week, 52 weeks, 2,080 hours), $20 an hour is $41,600 a year before taxes. That is $3,467 a month, $1,600 every two weeks and $800 a week.
How much is $20 an hour after taxes?
A single filer with no other deductions takes home about $35,606 a year after 2026 federal income tax ($2,812) and FICA ($3,182): $2,967 a month, $1,369 biweekly, or $17.12 for every hour worked. State income tax comes off this figure in most states.
How much is $20 an hour for 20 hours a week?
Part-time at 20 hours a week is $400 a week, or $20,800 a year before tax. After federal income tax and FICA that is about $18,739 a year ($1,562 a month).
What is overtime at $20 an hour?
Time and a half is $30.00 an hour for every hour over 40 in a week. A 45-hour week pays $950 before tax, or $49,400 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.