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$15 an Hour Is How Much a Year? Salary, Monthly and After Taxes

$15 an hour is how much a year? $31,200 before taxes at 40 hours a week, $2,600 a month: about twice the federal minimum wage. After federal income tax, Social Security and Medicare, a single filer with no state income tax keeps about $27,249.

$15 an hour, per year
$31,200
$2,600 a month · 40 hours a week, before taxes

IRS Publication 15-T (2026) for take-home pay

By Javier Mohino · Updated on · 2 min read

How much is $15 an hour a year?

Multiply by 2,080, the hours in a full-time year of 40-hour weeks. For $15, the math is quick: $15 × 2,080. Here is the same pay cut into the periods most paychecks use:

PeriodGross pay
Per year$31,200
Per month$2,600.00
Every two weeks$1,200.00
Per week$600.00
Per 8-hour day$120.00
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How does $15 an hour compare with the federal minimum wage?

The federal minimum wage is $7.25 an hour under the Fair Labor Standards Act, $15,080 a year full time. At $15 you earn 2.07 times that: $16,120 more a year before taxes.

Many states and cities set their own, higher minimum wage, and employers must pay whichever is higher. If yours is above $15, your employer has to pay that instead; check your state labor department.

What if you work fewer hours or take unpaid time off?

The yearly figure moves with every hour you are not paid. At $15 an hour:

Hours a weekPaid weeksPer year
2052$15,600
3052$23,400
3552$27,300
4052$31,200
4050 (two unpaid weeks)$30,000

If your vacation or holidays are unpaid, lower the paid weeks in the calculator below.

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Common questions

Frequently asked questions

$15 an hour is how much a year full time?

$31,200 before taxes at 40 hours a week and 52 paid weeks.

Is $15 an hour more than the federal minimum wage?

Yes, about twice: the federal minimum is $7.25 an hour, $15,080 a year full time.

How much is $15 an hour part time?

At 20 hours a week, $15,600 a year; at 30 hours, $23,400.

How much is $15 an hour after taxes?

About $27,249 a year filing single with no state income tax in 2026.

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