$24 an Hour Is How Much a Year?
$24 an hour is about $49,920 a year for a full-time worker on 40 hours a week for 52 weeks. That equals $4,160.00 a month and $1,920.00 every two weeks before tax.
$24 an hour in every pay period
| Period | Gross pay |
|---|---|
| Hourly | $24 |
| Daily (8 hours) | $192.00 |
| Weekly (40 hours) | $960.00 |
| Biweekly | $1,920.00 |
| Monthly | $4,160.00 |
| Yearly (2,080 hours) | $49,920 |
Overtime at $24 an hour
Time and a half is $36.00 an hour and double time is $48.00. Under federal law most hourly employees get overtime for hours over 40 in a week. Ten overtime hours add $360.00 to a week's pay.
Take-home pay at $24 an hour
A single filer working full time at this wage keeps about $42,291 a year, or $1,626.57 per biweekly check, in a state with no income tax. Federal tax, Social Security and Medicare take around 15.3%. Check your own state on the paycheck calculator.
Part-time and full-time pay at $24 an hour
| Hours per week | Weekly pay | Monthly pay | Yearly pay |
|---|---|---|---|
| 15 hours | $360.00 | $1,560.00 | $18,720 |
| 20 hours | $480.00 | $2,080.00 | $24,960 |
| 30 hours | $720.00 | $3,120.00 | $37,440 |
| 35 hours | $840.00 | $3,640.00 | $43,680 |
| 40 hours | $960.00 | $4,160.00 | $49,920 |
| 45 hours (5 overtime) | $1,140.00 | $4,940.00 | $59,280 |
Overtime is paid at time and a half for hours over 40 in a week. Part-time figures assume 52 paid weeks.
Frequently asked questions
$24 an hour is how much a year?
It is $49,920 a year at 2,080 hours.
$24 an hour is how much a month?
About $4,160.00 a month before tax.
$24 an hour is how much a week?
$960.00 for 40 hours, before tax.
Is $24 an hour a good wage?
The federal minimum wage is $7.25. The median US hourly wage is about $23 to $24, so $24 is close to the national median.
Sources and method
- IRS: tax year 2026 inflation adjustments (Rev. Proc. 2025-32)
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook
Page last updated November 2026. See our editorial policy and disclaimer.