$24.50 an hour is how much a year?
At $24.50 an hour, a full-time worker earns $50,960 a year before taxes — $4,246.67 a month or $1,960 per biweekly paycheck.
$24.50 an hour by pay period
| Pay period | Gross pay | Based on |
|---|---|---|
| Hourly | $24.50 | — |
| Daily | $196 | 8 hours |
| Weekly | $980 | 40 hours |
| Biweekly | $1,960 | 80 hours |
| Semi-monthly | $2,123.33 | 24 paychecks a year |
| Monthly | $4,246.67 | 173.33 hours |
| Yearly | $50,960 | 2,080 hours (40 × 52) |
Part-time and overtime
| Hours per week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 | $490 | $2,123.33 | $25,480 |
| 25 | $612.50 | $2,654.17 | $31,850 |
| 30 | $735 | $3,185 | $38,220 |
| 35 | $857.50 | $3,715.83 | $44,590 |
| 40 | $980 | $4,246.67 | $50,960 |
| 45 | $1,102.50 | $4,777.50 | $57,330 |
| 50 | $1,225 | $5,308.33 | $63,700 |
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 $50,960
| Job | Median salary | Hourly |
|---|---|---|
| Private Detectives and Investigators | $51,220 | $24.62 |
| Medical Records Specialist | $51,140 | $24.59 |
| Animal Breeder | $51,130 | $24.58 |
| Proofreaders and Copy Markers | $51,120 | $24.58 |
| Home Appliance Repairer | $50,990 | $24.51 |
| Tree Trimmers and Pruners | $50,960 | $24.50 |
| Educational Instruction and Library Workers, All Other | $50,890 | $24.47 |
| Counselors, All Other | $50,860 | $24.45 |
| Logging Workers, All Other | $50,840 | $24.44 |
| Computer Numerically Controlled Tool Operator | $50,690 | $24.37 |
| Bookkeeping, Accounting, and Auditing Clerks | $50,670 | $24.36 |
| Automotive Service Technicians and Mechanics | $50,620 | $24.34 |
Other hourly rates
Frequently asked questions
How much is $24.50 an hour per year?
$24.50 an hour is $50,960 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 $49,000.
How much is $24.50 an hour per month?
About $4,246.67 a month before taxes, for 40 hours a week.
Is $24.50 an hour a good wage?
The U.S. median hourly wage for all workers is $24.51 (BLS, May 2025 estimates). $24.50 an hour is about the same as that.