$15 an hour by pay period
For a full-time job of 40 hours a week, before taxes:
| Pay period | 52 paid weeks | 50 paid weeks (2 weeks unpaid) |
|---|---|---|
| Per year | $31,200 | $30,000 |
| Per month | $2,600 | $2,500 |
| Per two weeks (biweekly) | $1,200 | $1,153.85 |
| Per week | $600 | $600 |
| Per day (8 hours) | $120 | $120 |
How to calculate it
A full-time year has 2,080 working hours (40 × 52). For a quick estimate, double the hourly wage and add three zeros: $15 → about $30,000. Every extra $1 an hour adds $2,080 a year.
Part-time and overtime at $15 an hour
Overtime above 40 hours a week is paid at time and a half ($22.50 an hour), as required for most hourly workers under the Fair Labor Standards Act.
| Hours per week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 10 | $150 | $650 | $7,800 |
| 15 | $225 | $975 | $11,700 |
| 20 | $300 | $1,300 | $15,600 |
| 25 | $375 | $1,625 | $19,500 |
| 30 | $450 | $1,950 | $23,400 |
| 35 | $525 | $2,275 | $27,300 |
| 40 | $600 | $2,600 | $31,200 |
| 45 (5 h overtime) | $712.50 | $3,088 | $37,050 |
| 50 (10 h overtime) | $825 | $3,575 | $42,900 |
$15 an hour after taxes
Take-home pay depends on your state, filing status, benefits and retirement contributions. Social Security and Medicare alone take 7.65%, and federal and state income taxes add more. Here is what $31,200 a year looks like at different total withholding rates:
| Share withheld for taxes | Take-home per year | Per month | Per biweekly check |
|---|---|---|---|
| 15% | $26,520 | $2,210 | $1,020 |
| 20% | $24,960 | $2,080 | $960 |
| 25% | $23,400 | $1,950 | $900 |
| 30% | $21,840 | $1,820 | $840 |
What can you afford on $15 an hour?
- Rent: the common 30% rule suggests spending no more than about $780 a month on rent (30% of $2,600 gross monthly pay).
- Home buying: lenders' 28% guideline allows a housing payment of about $728 a month — see the home affordability calculator.
- Compared with the federal minimum wage of $7.25, $15 an hour is 2.1 times as much.
Nearby hourly wages
| Hourly wage | Per month | Per year |
|---|---|---|
| $12 an hour | $2,080 | $24,960 |
| $13 an hour | $2,253 | $27,040 |
| $14 an hour | $2,427 | $29,120 |
| $15 an hour | $2,600 | $31,200 |
| $16 an hour | $2,773 | $33,280 |
| $17 an hour | $2,947 | $35,360 |
| $18 an hour | $3,120 | $37,440 |
See every wage from $10 to $100 in the hourly to salary chart, or go the other way with $30,000 a year.
Frequently asked questions
How much is $15 an hour per year?
$15 an hour is $31,200 a year before taxes, assuming 40 hours a week for 52 weeks (2,080 hours). With two weeks of unpaid time off it is $30,000.
How much is $15 an hour per month?
About $2,600 a month before taxes ($31,200 ÷ 12). A four-week month of work pays $2,400.
How much is $15 an hour biweekly?
A biweekly paycheck covers 80 hours, so $15 an hour is $1,200 every two weeks before taxes.
How much is $15 an hour part time?
At 20 hours a week, $15 an hour is $300 a week or $15,600 a year. At 30 hours a week it is $450 a week or $23,400 a year.
How much is $15 an hour after taxes?
It depends on your location and situation. If 20% of your pay is withheld for taxes, $31,200 becomes about $24,960 a year ($2,080 a month); at 25%, about $23,400 a year.
Results are estimates for educational purposes and are not financial advice. Actual loan terms, rates, taxes and fees vary by lender and location — confirm figures with a qualified professional before making decisions.
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