$15 an hour: pay by period
| Period | Gross pay |
|---|---|
| Hourly | $15.00 |
| Daily (8 hours) | $120.00 |
| Weekly (40 hours) | $600.00 |
| Biweekly | $1,200.00 |
| Semimonthly | $1,300.00 |
| Monthly | $2,600.00 |
| Annual (2,080 hours) | $31,200 |
Take-home pay at $15 an hour by state
A single filer earning $31,200 pays $1,564 in federal income tax and $2,387 in Social Security and Medicare tax (7.7% of pay) after the $16,100 standard deduction. Your federal marginal bracket is 12%, meaning each extra dollar you earn is taxed at 12% for federal income tax, plus 7.65% FICA. State taxes then change the total:
| State | State tax + programs | Annual take-home | Monthly | Biweekly |
|---|---|---|---|---|
| Texas | $0 | $27,249 | $2,271 | $1,048.05 |
| Florida | $0 | $27,249 | $2,271 | $1,048.05 |
| California | $655 | $26,594 | $2,216 | $1,022.85 |
| New York | $1,254 | $25,995 | $2,166 | $999.82 |
| Illinois | $1,400 | $25,850 | $2,154 | $994.21 |
| Pennsylvania | $958 | $26,291 | $2,191 | $1,011.21 |
| Washington | $434 | $26,816 | $2,235 | $1,031.37 |
| Massachusetts | $1,484 | $25,766 | $2,147 | $990.99 |
Hours per week changes the answer
| Hours per week | Annual gross | Monthly gross |
|---|---|---|
| 15 | $11,700 | $975 |
| 20 | $15,600 | $1,300 |
| 25 | $19,500 | $1,625 |
| 30 | $23,400 | $1,950 |
| 35 | $27,300 | $2,275 |
| 40 | $31,200 | $2,600 |
| 45 | $35,100 | $2,925 |
At 45 hours a week, the extra five hours are paid at time-and-a-half if you are a non-exempt employee, which adds $5,850 a year to gross pay ($4,700 after tax in a state with no income tax). Read the overtime rules for details.
Is $15 an hour a good wage?
At $15 an hour you earn $31,200 a year before tax. The federal minimum wage is $7.25 an hour, and many states and cities set higher minimums, so $15 is above the federal floor by $7.75 an hour. Whether the wage covers your costs depends on rent, family size and local prices, so compare take-home pay with your actual budget rather than the gross rate.