How $24 an hour adds up to $49,920 a year
At $24 an hour, a full-time schedule of 40 hours a week for 52 weeks earns $49,920 a year before taxes. That works out to about $4,160 a month, $1,920 every two weeks, or $960 a week. Cut back to part-time at 20 hours a week and the same wage earns $24,960 a year. Your actual take-home pay will be lower after federal income tax, Social Security, and Medicare.
What $24 an hour earns at different schedules
What $24 an hour earns at different schedules
The same $24 hourly wage across part-time, full-time, and overtime weekly hours, over 52 weeks.
| Hours per week | Per week | Per year |
|---|---|---|
| 20 hrs | $480.00 | $24,960.00 |
| 30 hrs | $720.00 | $37,440.00 |
| 40 hrs | $960.00 | $49,920.00 |
| 50 hrs | $1,200.00 | $62,400.00 |
Source: Socko calculation: $24 × hours per week × 52 weeks.
Frequently asked questions
$24 an hour is how much a year?
$24 an hour is $49,920 per year before taxes, based on 40 hours a week for 52 weeks (2,080 hours).
How much is $24 an hour per month?
$24 an hour is about $4,160 a month before taxes — the annual $49,920 divided by 12.
How much is $24 an hour every two weeks?
$24 an hour is $1,920 every two weeks, or $960 a week, at 40 hours a week.
$24 an hour is how much a year part-time?
Part-time at 20 hours a week, $24 an hour is $24,960 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.