$24 an Hour Is How Much a Year?

Updated October 14, 2026 Tax year 2026 How we calculate

Quick answer

$24 an hour is $49,920 a year before taxes, if you work 40 hours a week for 52 weeks (2,080 hours). That is $4,160 a month, $1,920 every two weeks and $960 a week. After 2026 federal income tax, Social Security and Medicare, a single filer keeps about $42,291 a year ($3,524 a month) in a state with no income tax.

Yearly salary$49,920
Monthly (gross)$4,160
Biweekly (gross)$1,920
Take-home a year*$42,291

*Single filer, 2026 federal taxes, no state income tax, no pre-tax deductions.

$24 an hour by pay period

Based on a 40-hour week and 52 paid weeks a year (2,080 hours). Before taxes.

Pay periodBefore taxesAfter federal taxes*
Yearly$49,920.00$42,290.72
Monthly$4,160.00$3,524.23
Semi-monthly$2,080.00$1,762.11
Biweekly$1,920.00$1,626.57
Weekly$960.00$813.28
Daily (8 hours)$192.00$162.66
Hourly$24.00$20.33

$24 an hour at different weekly hours

Part-time or a shorter week changes your yearly pay a lot. Here is $24 an hour at common schedules, for 52 weeks a year:

Hours per weekWeeklyMonthlyYearly
50 hours (with overtime at 1.5×) $1,320.00$5,720.00$68,640
45 hours (with overtime at 1.5×) $1,140.00$4,940.00$59,280
40 hours $960.00$4,160.00$49,920
37.5 hours $900.00$3,900.00$46,800
35 hours $840.00$3,640.00$43,680
32 hours $768.00$3,328.00$39,936
30 hours $720.00$3,120.00$37,440
25 hours $600.00$2,600.00$31,200
20 hours $480.00$2,080.00$24,960
15 hours $360.00$1,560.00$18,720

$24 an hour after taxes (2026)

Single filer, paid every two weeks, standard deduction, no 401(k) or health insurance deductions, in a state with no income tax:

ItemPer yearPer monthBiweekly
Gross pay$49,920.00$4,160.00$1,920.00
Federal income tax−$3,810.40−$317.53−$146.55
Social Security (6.2%)−$3,095.04−$257.92−$119.04
Medicare (1.45%)−$723.84−$60.32−$27.84
Take-home pay$42,290.72$3,524.23$1,626.57

That is a total tax rate of 15.3%. Your federal taxable income is $33,820 after the $16,100 standard deduction, and your top federal bracket is 12%. Married couples filing jointly pay less federal tax on the same income.

$24 an hour after taxes in every state

Your state changes your take-home pay. Ranked from most to least take-home, for a single filer earning $49,920 (state income tax plus any state payroll premiums such as disability or paid-leave insurance):

#StateState taxesTake-home a yearA month
1AlaskaNone$42,291$3,524
2FloridaNone$42,291$3,524
3NevadaNone$42,291$3,524
4New HampshireNone$42,291$3,524
5North DakotaNone$42,291$3,524
6South DakotaNone$42,291$3,524
7TennesseeNone$42,291$3,524
8TexasNone$42,291$3,524
9WyomingNone$42,291$3,524
10Washington$692$41,598$3,467
11Arizona$846$41,445$3,454
12Ohio$929$41,361$3,447
13South Carolina$994$41,296$3,441
14Louisiana$1,123$41,168$3,431
15New Mexico$1,181$41,110$3,426
16Mississippi$1,265$41,026$3,419
17Iowa$1,285$41,006$3,417
18Vermont$1,290$41,001$3,417
19Arkansas$1,359$40,931$3,411
20Missouri$1,364$40,927$3,411
21Nebraska$1,392$40,899$3,408
22West Virginia$1,441$40,850$3,404
23Indiana$1,443$40,848$3,404
24North Carolina$1,483$40,808$3,401
25Idaho$1,537$40,753$3,396
26Pennsylvania$1,567$40,723$3,394
27Wisconsin$1,573$40,718$3,393
28Montana$1,590$40,701$3,392
29New Jersey$1,610$40,680$3,390
30Kentucky$1,633$40,658$3,388
31Utah$1,661$40,629$3,386
32California$1,684$40,607$3,384
33Oklahoma$1,701$40,590$3,382
34Colorado$1,708$40,583$3,382
35Georgia$1,743$40,548$3,379
36Rhode Island$1,804$40,486$3,374
37District of Columbia$1,829$40,462$3,372
38Michigan$1,871$40,420$3,368
39Maine$1,941$40,349$3,362
40Kansas$1,986$40,305$3,359
41Virginia$2,056$40,234$3,353
42Alabama$2,065$40,225$3,352
43Minnesota$2,091$40,200$3,350
44Connecticut$2,246$40,045$3,337
45Hawaii$2,269$40,022$3,335
46Delaware$2,293$39,997$3,333
47Illinois$2,330$39,961$3,330
48New York$2,346$39,945$3,329
49Massachusetts$2,506$39,785$3,315
50Maryland$2,005$38,899$3,242
51Oregon$3,547$38,743$3,229

The gap between the top and bottom state is $3,547 a year. Cities with their own income tax (such as New York City, Philadelphia or Detroit) take more. Use the paycheck calculator to add local tax, 401(k) and health insurance.

How to budget on $24 an hour

Two common rules of thumb, using the numbers above (they are guides, not rules):

  • 30% rent rule: spend no more than 30% of gross monthly pay on rent, which is about $1,248 a month.
  • 50/30/20 rule on your take-home pay of about $3,524 a month: $1,762 for needs, $1,057 for wants and $705 for savings and debt.

How we calculate

  1. Yearly pay = hourly wage × 40 hours × 52 weeks (2,080 hours). Hourly = yearly ÷ 2,080.
  2. Monthly = yearly ÷ 12; biweekly = yearly ÷ 26; weekly = yearly ÷ 52.
  3. Federal income tax uses the 2026 IRS brackets and standard deduction (IRS Rev. Proc. 2025-32).
  4. Social Security is 6.2% up to $184,500; Medicare is 1.45% (plus 0.9% above $200,000).
  5. State tax uses each state's published rates and deductions. See our methodology and sources.

Frequently asked questions

How much is $24 an hour a year?

$24 an hour is $49,920 a year before taxes, based on a 40-hour week and 52 paid weeks (2,080 hours). If you take two weeks off unpaid (2,000 hours), it is $48,000.

How much is $24 an hour a month?

$24 an hour is $4,160.00 a month before taxes (yearly pay divided by 12). After 2026 federal taxes, a single filer in a state with no income tax keeps about $3,524.23 a month.

How much is $24 an hour biweekly?

$24 an hour is $1,920.00 every two weeks before taxes (26 paychecks a year). After federal income tax, Social Security and Medicare, a single filer takes home about $1,626.57 per biweekly paycheck in a state with no income tax.

How much is $24 an hour after taxes?

A single filer earning $49,920 keeps about $42,291 a year in 2026 in a state with no income tax, such as Alaska. With state income tax it ranges down to about $38,743 in Oregon among the 51 states we cover.

What tax bracket is $24 an hour in?

With the $16,100 standard deduction, a single filer earning $49,920 has $33,820 of taxable income, which puts the top dollars in the 12% federal bracket. The overall (effective) rate on all taxes is lower: about 15.3% of gross pay.

What is $24 an hour with overtime?

At time and a half, the overtime rate is $36.00 an hour. Five hours of overtime every week adds about $9,360 a year before taxes.