$15.50 an hour is how much a year?
At $15.50 an hour, a full-time worker earns $32,240 a year before taxes — $2,686.67 a month or $1,240 per biweekly paycheck.
$15.50 an hour by pay period
| Pay period | Gross pay | Based on |
|---|---|---|
| Hourly | $15.50 | — |
| Daily | $124 | 8 hours |
| Weekly | $620 | 40 hours |
| Biweekly | $1,240 | 80 hours |
| Semi-monthly | $1,343.33 | 24 paychecks a year |
| Monthly | $2,686.67 | 173.33 hours |
| Yearly | $32,240 | 2,080 hours (40 × 52) |
Part-time and overtime
| Hours per week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 | $310 | $1,343.33 | $16,120 |
| 25 | $387.50 | $1,679.17 | $20,150 |
| 30 | $465 | $2,015 | $24,180 |
| 35 | $542.50 | $2,350.83 | $28,210 |
| 40 | $620 | $2,686.67 | $32,240 |
| 45 | $697.50 | $3,022.50 | $36,270 |
| 50 | $775 | $3,358.33 | $40,300 |
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 $32,240
| Job | Median salary | Hourly |
|---|---|---|
| Bartender | $34,340 | $16.51 |
| Gambling Dealer | $34,320 | $16.50 |
| Dining Room and Cafeteria Attendants and Bartender Helpers | $33,980 | $16.34 |
| Lifeguards, Ski Patrol, and Other Recreational Protective Service Workers | $33,580 | $16.14 |
| Ushers, Lobby Attendants, and Ticket Takers | $32,910 | $15.82 |
| Cashier | $32,880 | $15.81 |
| Entertainment Attendants and Related Workers, All Other | $32,640 | $15.69 |
| Shampooer | $32,600 | $15.67 |
| Amusement and Recreation Attendants | $32,150 | $15.46 |
| Fast Food and Counter Workers | $31,200 | $15.00 |
| Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop | $31,200 | $15.00 |
| Cooks, Fast Food | $30,890 | $14.85 |
Other hourly rates
Frequently asked questions
How much is $15.50 an hour per year?
$15.50 an hour is $32,240 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 $31,000.
How much is $15.50 an hour per month?
About $2,686.67 a month before taxes, for 40 hours a week.
Is $15.50 an hour a good wage?
The U.S. median hourly wage for all workers is $24.51 (BLS, May 2025 estimates). $15.50 an hour is 37% lower than that.