Hourly to Yearly Calculator

$15 an Hour Is How Much a Year?

If you make $15.00 per hour, your yearly salary would be $31,200. This assumes 40 hours per week and 52 weeks per year.

Timeframe Gross Pay
Hourly $15.00
Daily $120
Weekly $600
Bi-Weekly $1,200
Monthly $2,600
Yearly $31,200

Is $15/hr good?

This rate is 106.9% above the US federal minimum wage ($7.25/hr). Your local cost of living can change how far this goes.

Assumptions and tips for $15/hr

The conversion above assumes a steady schedule of 40 hours per week for 52 weeks per year. That is 2080 working hours annually.

  • If you take unpaid time off, reduce weeks per year in the calculator to match how many weeks you actually work.
  • If you work overtime, calculate regular hours at $15/hr and overtime hours at your premium rate (often 1.5x), then combine them for a more accurate weekly or yearly estimate.
  • Monthly pay shown here is an average (yearly / 12). Your actual paychecks depend on whether you are paid weekly, bi-weekly, semi-monthly, or monthly.

Try Custom Settings

Change hours per week and weeks per year to match your exact schedule.

Gross Pay Breakdown

  • Yearly Gross$31,200
  • Unadjusted Monthly$2,600
  • Bi-Weekly Paycheck$1,200

Market Context

$15.00 per hour is 106.9% above the US federal minimum wage ($7.25).

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