$15 an hour is $31,200 a year.
Full time at 40 hours a week, 52 weeks a year (2,080 hours). Below: every pay-period equivalent, overtime tables at time-and-a-half, and a 2026 federal-only take-home estimate.
How much is $15 an hour per year?
$15 an hour is $31,200 a year at 40 hours a week for 52 weeks (2,080 hours). That's $600.00 a week, $1,200.00 biweekly, and $2,600.00 a month gross. After estimated federal income tax and FICA, a single filer keeps about $27,249 — and steady overtime at $22.50/hour raises the total fast.
What $15/hour adds up to per period.
| Pay period | Gross pay | How it is figured |
|---|---|---|
| Daily (8 hours) | $120.00 | $15 × 8 |
| Weekly (40 hours) | $600.00 | $15 × 40 |
| Biweekly (80 hours) | $1,200.00 | $15 × 80 |
| Monthly | $2,600.00 | $31,200 ÷ 12 |
| Annual (2,080 hours) | $31,200 | $15 × 2,080 |
| Part-time (30 hrs/week) | $23,400 | $15 × 30 × 52 |
Gross (pre-tax) figures assuming paid hours every week of the year. Unpaid time off reduces them proportionally.
$15 an hour in 2026, in plain numbers.
At $15 an hour, a full-time year — 40 hours a week for 52 weeks, with no unpaid time off — grosses $31,200. That's $600.00 a week, $1,200.00 per biweekly paycheck, and about $2,600.00 a month before taxes.
Measured against the middle of the U.S. labor market, $15/hour is about 52% below the U.S. median full-time wage — the BLS median works out to about $31.28/hour ($1,251/week, BLS, Q2 2026). The big lever for hourly earners is overtime: every OT hour pays $22.50 at time-and-a-half.
Overtime at $22.50/hour changes the math quickly.
| Weekly hours | Weekly pay | Annual pay | vs. 40-hour year |
|---|---|---|---|
| 40 (no overtime) | $600.00 | $31,200 | — |
| 45 (5 OT hours) | $712.50 | $37,050 | +$5,850 |
| 50 (10 OT hours) | $825.00 | $42,900 | +$11,700 |
| 55 (15 OT hours) | $937.50 | $48,750 | +$17,550 |
Overtime rows assume time-and-a-half (1.5 × $15 = $22.50) on hours past 40, every week of the year — the FLSA baseline for non-exempt workers.
From $31,200 gross to take-home.
| Line item | Amount |
|---|---|
| Gross annual pay (2,080 hours) | $31,200.00 |
| Standard deduction (single, 2026) | −$16,100.00 |
| Federally taxable income | $15,100.00 |
| Federal income tax (effective 5.0%) | −$1,564.00 |
| Social Security (6.2%) | −$1,934.40 |
| Medicare (1.45%) | −$452.40 |
| Estimated annual take-home | $27,249.20 |
| ≈ Monthly take-home | $2,270.77 |
| ≈ Per hour after federal tax | $13.10 |
Single filer, standard deduction, no state/local income tax, credits, or pre-tax benefits. Actual checks vary.
What a single filer actually keeps.
Federally, this wage puts a single filer in the 12% marginal bracket for 2026: $31,200 gross less the $16,100 standard deduction is $15,100 taxable, generating $1,564 of income tax (5.0% effective). Add $2,387 of FICA and estimated take-home is $27,249/year, or $2,270.77/month.
How nearby wages stack up.
| Hourly wage | Annual (2,080 hrs) | Monthly | Est. monthly take-home |
|---|---|---|---|
| $15/hour (this page) | $31,200 | $2,600.00 | $2,270.77 |
| $16/hour | $33,280 | $2,773.33 | $2,410.04 |
| $17/hour | $35,360 | $2,946.67 | $2,549.31 |
| $18/hour | $37,440 | $3,120.00 | $2,688.59 |
Take-home column uses the same federal-only, single-filer estimate as the table above.
See what this paycheck can build
Saving even one hour's pay per day — about $325 a month — compounds into real money. Run your own numbers in the calculators.
How these numbers are calculated.
Annualization is straight arithmetic: $15 × 2,080 hours (40 hours × 52 weeks) = $31,200, with daily/weekly/biweekly/monthly rows derived the same way. No unpaid leave is assumed.
Overtime rows use the FLSA non-exempt baseline of 1.5× base pay ($22.50/hour) on hours over 40 per week, sustained all 52 weeks.
The take-home estimate uses 2026 federal brackets for a single filer with the $16,100 standard deduction plus employee FICA (7.65%). It excludes state/local tax, credits, and pre-tax benefits.
Median-wage comparison: BLS median usual weekly earnings, full-time workers, $1,251/week (BLS, Q2 2026).
Educational estimates only — not tax, legal, or financial advice.