$15 an hour is how much a year?

At $15 an hour, a full-time worker earns $31,200 a year before taxes — $2,600 a month or $1,200 per biweekly paycheck.

$15 an hour by pay period

Pay periodGross payBased on
Hourly$15—
Daily$1208 hours
Weekly$60040 hours
Biweekly$1,20080 hours
Semi-monthly$1,30024 paychecks a year
Monthly$2,600173.33 hours
Yearly$31,2002,080 hours (40 × 52)

Part-time and overtime

Hours per weekWeeklyMonthlyYearly
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$675$2,925$35,100
50$750$3,250$39,000

All figures are gross pay, before federal, state and payroll taxes. Overtime above 40 hours is shown at the regular rate; most hourly workers are owed 1.5× pay for those hours.

Jobs with a median salary near $31,200

Other hourly rates

Frequently asked questions

How much is $15 an hour per year?

$15 an hour is $31,200 a year if you work 40 hours a week for 52 weeks (2,080 hours). With two weeks of unpaid time off (50 weeks) it is $30,000.

How much is $15 an hour per month?

About $2,600 a month before taxes, for 40 hours a week.

Is $15 an hour a good wage?

The U.S. median hourly wage for all workers is $24.51 (BLS, May 2025 estimates). $15 an hour is 39% lower than that.