How $15 an hour adds up to $31,200 a year
At $15 an hour, a full-time schedule of 40 hours a week for 52 weeks earns $31,200 a year before taxes. That works out to about $2,600 a month, $1,200 every two weeks, or $600 a week. Cut back to part-time at 20 hours a week and the same wage earns $15,600 a year. Your actual take-home pay will be lower after federal income tax, Social Security, and Medicare.
What $15 an hour earns at different schedules
What $15 an hour earns at different schedules
The same $15 hourly wage across part-time, full-time, and overtime weekly hours, over 52 weeks.
| Hours per week | Per week | Per year |
|---|---|---|
| 20 hrs | $300.00 | $15,600.00 |
| 30 hrs | $450.00 | $23,400.00 |
| 40 hrs | $600.00 | $31,200.00 |
| 50 hrs | $750.00 | $39,000.00 |
Source: Socko calculation: $15 × hours per week × 52 weeks.
Frequently asked questions
$15 an hour is how much a year?
$15 an hour is $31,200 per year before taxes, based on 40 hours a week for 52 weeks (2,080 hours).
How much is $15 an hour per month?
$15 an hour is about $2,600 a month before taxes — the annual $31,200 divided by 12.
How much is $15 an hour every two weeks?
$15 an hour is $1,200 every two weeks, or $600 a week, at 40 hours a week.
$15 an hour is how much a year part-time?
Part-time at 20 hours a week, $15 an hour is $15,600 a year — half the full-time total.
Want a different wage or schedule? Use the Hourly to Salary Calculator. Figures are estimates before taxes — see our methodology.