Hourly wage · 2026 figures

$16 an hour is $33,280 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.

Basis 2,080 hours/year · Updated August 2026

How much is $16 an hour per year?

$16 an hour is $33,280 a year at 40 hours a week for 52 weeks (2,080 hours). That's $640.00 a week, $1,280.00 biweekly, and $2,773.33 a month gross. After estimated federal income tax and FICA, a single filer keeps about $28,920 — and steady overtime at $24.00/hour raises the total fast.

Pay schedule

What $16/hour adds up to per period.

Pay periodGross payHow it is figured
Daily (8 hours)$128.00$16 × 8
Weekly (40 hours)$640.00$16 × 40
Biweekly (80 hours)$1,280.00$16 × 80
Monthly$2,773.33$33,280 ÷ 12
Annual (2,080 hours)$33,280$16 × 2,080
Part-time (30 hrs/week)$24,960$16 × 30 × 52

Gross (pre-tax) figures assuming paid hours every week of the year. Unpaid time off reduces them proportionally.

The yearly picture

$16 an hour in 2026, in plain numbers.

Multiply $16 by the 2,080 hours in a standard working year and you get $33,280 of gross annual pay. Per pay period that reads as $128.00 a day, $640.00 a week, or $1,280.00 every two weeks.

For context, the median full-time U.S. worker earns about $31.28/hour ($1,251/week per BLS, Q2 2026), putting $16/hour about 49% below the U.S. median full-time wage. And because hourly roles are typically non-exempt, each overtime hour adds $24.00 — 50% more than the base rate.

Overtime

Overtime at $24.00/hour changes the math quickly.

Weekly hoursWeekly payAnnual payvs. 40-hour year
40 (no overtime)$640.00$33,280
45 (5 OT hours)$760.00$39,520+$6,240
50 (10 OT hours)$880.00$45,760+$12,480
55 (15 OT hours)$1,000.00$52,000+$18,720

Overtime rows assume time-and-a-half (1.5 × $16 = $24.00) on hours past 40, every week of the year — the FLSA baseline for non-exempt workers.

Federal-only estimate

From $33,280 gross to take-home.

Line itemAmount
Gross annual pay (2,080 hours)$33,280.00
Standard deduction (single, 2026)−$16,100.00
Federally taxable income$17,180.00
Federal income tax (effective 5.4%)−$1,813.60
Social Security (6.2%)−$2,063.36
Medicare (1.45%)−$482.56
Estimated annual take-home$28,920.48
≈ Monthly take-home$2,410.04
≈ Per hour after federal tax$13.90

Single filer, standard deduction, no state/local income tax, credits, or pre-tax benefits. Actual checks vary.

Taxes

What a single filer actually keeps.

On the tax side, $33,280 of wages minus the $16,100 standard deduction leaves $17,180 taxable, landing in the 12% bracket for a single filer in 2026. Actual federal income tax is $1,814 — an effective 5.4% — plus $2,546 of FICA, for an estimated take-home of $28,920 a year ($2,410.04/month).

Compare

How nearby wages stack up.

Hourly wageAnnual (2,080 hrs)MonthlyEst. monthly take-home
$15/hour$31,200$2,600.00$2,270.77
$16/hour (this page)$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
$19/hour$39,520$3,293.33$2,827.86

Take-home column uses the same federal-only, single-filer estimate as the table above.

Do more with the wage

See what this paycheck can build

Saving even one hour's pay per day — about $347 a month — compounds into real money. Run your own numbers in the calculators.

How these numbers are calculated.

Annualization is straight arithmetic: $16 × 2,080 hours (40 hours × 52 weeks) = $33,280, 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 ($24.00/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.

Questions

Common follow-ups.

$16 an hour is $33,280 a year at full time — 40 hours a week for 52 weeks (2,080 hours). At 30 hours a week it comes to $24,960, and with 10 hours of weekly overtime it reaches about $45,760.
A standard 80-hour biweekly period at $16/hour grosses $1,280.00. After estimated federal income tax and FICA for a single filer, roughly $1,112.33 remains per check, before state taxes.
On $33,280 of annual wages, a single filer taking the 2026 standard deduction pays about $1,814 of federal income tax plus $2,546 of FICA, keeping roughly $28,920 a year — about $13.90 per hour worked. State and local taxes reduce this further where they apply.
Overtime pays time-and-a-half: $24.00 per hour past 40 in a week. A steady 50-hour week earns $880.00 weekly — $45,760 a year, $12,480 more than the straight 40-hour year.
$16/hour annualizes to $33,280, which is about 49% below the U.S. median full-time wage — the BLS median for full-time workers is $1,251/week (about $31.28/hour, BLS, Q2 2026). Local cost of living, benefits, and schedule stability matter as much as the rate itself.
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