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$15 an hour is how much a year?

Short answer

$31,200 a year

Working 40 hours a week for 52 paid weeks (2,080 hours), before tax.

Pay breakdown for $15 an hour

Gross pay by period
Yearly$31,200
Monthly$2,600.00
Semi-monthly (24 paychecks)$1,300.00
Biweekly (26 paychecks)$1,200.00
Weekly$600.00
Daily (8 hours)$120.00
Hourly$15.00

Yearly pay on other schedules

How much $15.00 an hour adds up to depends on your hours.

Hours per weekYearly payWith 2 unpaid weeks
30$23,400$22,500
35$27,300$26,250
37.5$29,250$28,125
40$31,200$30,000
45$35,100$33,750
50$39,000$37,500

At $15.00 an hour, this is 2.1× the US federal minimum wage of $7.25. Many states and cities set higher minimums.

Adjust for your schedule

Change the hours or weeks to match your job.

$
Annual salary
$31,200.00
Monthly pay
$2,600.00
Biweekly pay
$1,200.00
Weekly pay
$600.00
Daily pay
$120.00

About these numbers

All figures are gross pay before income tax, Social Security, Medicare and benefit deductions, so take-home pay will be lower. Biweekly pay assumes 26 paychecks a year. The calculation is the same one used by our hourly to salary calculator, which explains the formula in detail.