$15 an Hour Is How Much a Year?

Annual, monthly, bi-weekly and weekly pay at $15 an hour, with part-time schedules, overtime and an estimated take-home figure.

The answer

$31,200 a year
$15 an hour × 40 hours × 52 weeks = $31,200 gross, full time, before taxes. That is $2,600.00 a month, $1,200.00 every two weeks, and $600.00 a week.

Pay by period at $15 an hour (40 hours a week)

PeriodGross pay
Hourly$15.00
Daily (8 hours)$120.00
Weekly$600.00
Bi-weekly (26 checks)$1,200.00
Semi-monthly (24 checks)$1,300.00
Monthly$2,600.00
Annual$31,200

Worked example: what a real schedule pays

$15 an hour at 32 hours a week

32 hours × $15 = $480.00 a week. Over 52 weeks that is $24,960, or $2,080.00 a month on average. With two unpaid weeks off, it falls to $24,000.

Part-time and full-time at $15

Hours a weekAnnualMonthlyBi-weekly
20 hours$15,600$1,300$600
30 hours$23,400$1,950$900
32 hours$24,960$2,080$960
35 hours$27,300$2,275$1,050
40 hours$31,200$2,600$1,200

Overtime at $15 an hour

For a non-exempt employee under the federal weekly rule, hours over 40 are paid at 1.5 times the rate, or $22.50 an hour. A 45-hour week pays $712.50 (40 × $15 + 5 × $22.50), which is $37.50 more than straight time. A 50-hour week pays $825.00. Annualised over 52 weeks, a regular 45-hour week at $15 an hour is $37,050. State daily-overtime rules can add more; use the overtime calculator.

Estimated take-home pay at $15 an hour

Our paycheck estimator (federal tax only, single filer, no deductions, IRS 2026 Publication 15-T percentage method) estimates a bi-weekly check of about $1,048.05 from $1,200.00 gross: roughly $60.15 federal income tax withholding, $74.40 Social Security and $17.40 Medicare. State and local taxes, a different W-4 and benefit deductions will change the result. This is an estimate, not a payslip.

Putting $15 in context

  • $15 is 2.07 times the federal minimum wage of $7.25 per hour (U.S. Department of Labor). Your state or city minimum may be higher.
  • A $1 raise from $15 adds $2,080 a year at full time, a 6.7% increase.
  • You earn $0.25 per minute and need about 66.7 hours of work to gross $1,000.

Frequently asked questions

How much is $15 an hour a year?

$15 × 40 hours × 52 weeks = $31,200 a year gross, full time.

How much is $15 an hour a month?

About $2,600.00 a month before taxes: $31,200 ÷ 12.

How much is $15 an hour bi-weekly?

$1,200.00 per check: $15 × 80 hours.

How much is $15 an hour after taxes?

A federal-only estimate for a single filer is about $1,048.05 per bi-weekly check (see the paycheck estimator); your real figure depends on your state, W-4 and deductions.

What is $15 an hour with overtime?

Overtime hours are paid at $22.50 an hour for non-exempt employees under the federal weekly rule. A 45-hour week pays $712.50.

Sources and last checked

Last checked: . Take-home figures are estimates from the IRS 2026 percentage method. Rules change; confirm with the linked agency before relying on a figure. This is general information, not legal or payroll advice - see our disclaimer.