$15 Per Hour is How Much Per Year?
Based on 40 hours per week and 52 weeks per year.
Annual Salary
$15/hr = $31,200/year
40 hours/week × 52 weeks/year
Pay Frequency Breakdown
| Frequency | Gross Pay |
|---|---|
| Hourly | $15.00 |
| Daily (8 hrs) | $120.00 |
| Weekly | $600.00 |
| Biweekly | $1,200.00 |
| Monthly | $2,600.00 |
| Annual | $31,200 |
After-Tax Estimate (Single Filer, 2025)
Federal Income Tax
$1,616
Effective rate: 5.2%
FICA Tax
$2,387
Social Security + Medicare
Take-Home Pay
$27,198
$2,266/month
After federal tax and FICA, your estimated take-home is $27,198/year ($2,266/month). This does not include state or local taxes.
Other Hourly Rates
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Frequently Asked Questions
How much is $15 an hour annually?
$15 per hour equals $31,200 per year, assuming you work 40 hours per week for 52 weeks. That breaks down to $2,600.00 per month, $1,200.00 biweekly, or $600.00 per week.
What is $15/hr after taxes?
On a $31,200 annual salary ($15/hr), a single filer in 2025 pays approximately $1,616 in federal income tax and $2,386.80 in FICA taxes, leaving $27,198 in take-home pay per year, or about $2,266 per month. This does not include state or local taxes.
Is $15 an hour good?
At $15 per hour, you earn $31,200 per year before taxes. This is below the US median household income. Your take-home after federal taxes and FICA is approximately $27,198 per year. Cost of living varies significantly by location.