$15 an Hour Is How Much a Year
Convert $15 an hour to annual salary. At 40 hours and 52 weeks that is $31,200.00 a year before tax. See weekly, monthly, and other schedules.
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Gross pay only. Taxes, overtime, and unpaid weeks are not in the headline number. Use the paycheck and overtime calculators for those.
$15 an hour by schedule
Same rate, different hours. 52 working weeks. Overtime after 40 is not in these rows.
| Schedule | Weekly | Annual |
|---|---|---|
| 32 hours / week | $480.00 | $24,960.00 |
| 36 hours / week | $540.00 | $28,080.00 |
| 40 hours / week | $600.00 | $31,200.00 |
| 48 hours / week | $720.00 | $37,440.00 |
$15 an hour on a U.S. timesheet
$15 an hour is the number a lot of state minimum-wage fights still orbit. It is not the federal $7.25 floor, and it is not a living wage in coastal metros. On a 40-hour, 52-week calendar it is $31,200 a year before tax—about $2,600 a month gross.
Stretch to 48 hours in this table and you pick up another $6,240 a year on paper. If those extra eight hours are overtime at time-and-a-half, the overtime calculator is the honest page, not this one. This URL only multiplies rate × hours × weeks.
The formula
Annual = hourly rate × hours per week × working weeks. $15 × 40 × 52 = $31,200.00. Weekly is $15 × hours. Monthly on this page is the annual figure divided by 12, which is how rent is billed—not always how a biweekly employer pays.
Going the other way: salary ÷ (hours × weeks). A $62,400 salary at 40 × 52 is $30 an hour. That is the salary-to-hourly calculator with the direction flipped.
How to use this page
Leave the hourly field at $15 unless you are comparing a nearby rate. Change hours if the job is not 40. Change weeks if time off is unpaid. Then read the schedule table: 32, 36, 40, and 48 hours at the same rate.
Gross $31,200 still loses federal income tax, FICA, and maybe state wage tax. Open a paycheck page for the state you work in before you treat $15/hour as rent money.
Nearby rates
Other KindCalc hourly pages: $20, $25, $30. Each URL is a different search. This one stays “$15 an hour is how much a year.”
For a salary offer with no hourly line, use salary to hourly. For overtime this week, use overtime. For net pay, use the paycheck calculator for your state.
Typical examples
| Input | Result |
|---|---|
| $15/hr × 40 × 52 | $31,200.00 |
| Weekly at 40 hours | $600.00 |
| Monthly (annual ÷ 12) | $2,600.00 |
Frequently asked questions
- How much is $15 an hour a year?
- At 40 hours a week and 52 weeks, $15 an hour is $31,200.00 a year before tax. Weekly gross is $600.00. Monthly (yearly ÷ 12) is $2,600.00.
- Is that 2,080 hours?
- Yes for a full-time year with no unpaid time off: 40 × 52 = 2,080. Paid holidays usually stay in the 52. Unpaid leave should lower the week count or the annual number is high.
- Does $15 an hour include taxes?
- Gross $31,200 still loses federal income tax, FICA, and maybe state wage tax. Open a paycheck page for the state you work in before you treat $15/hour as rent money. This page is gross only.
- What if I work overtime?
- This conversion treats every hour as the same rate. Time-and-a-half after 40 hours in a week is the overtime calculator. Do not raise hours here and assume FLSA math.
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