Paycheck Figures

$24 an Hour Is How Much a Year?

2026 tax year · Figures checked October 2, 2026

$24 an hour is $49,920 a year before taxes, working 40 hours a week for 52 weeks.

That's $4,160 a month, $1,920 every two weeks and $960 a week.

$24 an hour by pay period

PeriodGross pay
Yearly$49,920.00
Monthly$4,160.00
Every two weeks$1,920.00
Weekly$960.00
Daily$192.00

$24 an hour on other schedules

HoursYearlyMonthly
20 hours a week$24,960.00$2,080.00
30 hours a week$37,440.00$3,120.00
37.5 hours a week$46,800.00$3,900.00
40 hours a week$49,920.00$4,160.00
40 hours, 2 weeks unpaid$48,000.00$4,000.00
45 hours (5 at time and a half)$59,280.00$4,940.00

Take-home pay on $24 an hour

Take-home pay: $1,626.57 every two weeks

Per paycheckPer year
Gross pay$1,920.00$49,920.00
Federal income tax−$146.55−$3,810.40
Social Security−$119.04−$3,095.04
Medicare−$27.84−$723.84
Take-home pay$1,626.57$42,290.72

Federal taxes only: in the 9 states with no income tax on wages (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming), this is your take-home pay. Choose your state to include state taxes.

$24 an hour after taxes in each state

StateState taxesTake-home a year
Alabama$2,065$40,225
Alaska$250$42,041
Arizona$998$41,292
Arkansas$1,402$40,889
California$1,787$40,504
Colorado$2,174$40,117
Connecticut$2,046$40,244
Delaware$2,293$39,997
District of Columbia$1,829$40,462
Florida$0$42,291
Georgia$1,743$40,548
Hawaii$2,531$39,759
Idaho$1,792$40,498
Illinois$2,326$39,964
Indiana$1,443$40,848
Iowa$1,363$40,928
Kansas$1,986$40,305
Kentucky$1,630$40,661
Louisiana$1,145$41,146
Maine$2,134$40,157
Maryland$2,058$40,233
Massachusetts$2,406$39,885
Michigan$1,871$40,420
Minnesota$2,451$39,840
Mississippi$1,265$41,026
Missouri$1,409$40,882
Montana$1,590$40,701
Nebraska$1,673$40,618
Nevada$0$42,291
New Hampshire$0$42,291
New Jersey$1,739$40,552
New Mexico$1,559$40,732
New York$2,378$39,912
North Carolina$1,520$40,770
North Dakota$0$42,291
Ohio$1,111$41,180
Oklahoma$1,701$40,590
Oregon$3,810$38,481
Pennsylvania$1,567$40,723
Rhode Island$2,384$39,907
South Carolina$1,740$40,551
South Dakota$0$42,291
Tennessee$0$42,291
Texas$0$42,291
Utah$2,221$40,069
Vermont$1,415$40,876
Virginia$2,056$40,234
Washington$692$41,598
West Virginia$1,597$40,694
Wisconsin$2,166$40,124
Wyoming$0$42,291

Single filer, standard Form W-4, 40 hours a week. State taxes are income tax plus payroll deductions; local taxes are not included.

Nearby hourly rates

Hourly rateYearly
$23 an hour$47,840.00
$23.25 an hour$48,360.00
$23.50 an hour$48,880.00
$23.75 an hour$49,400.00
$24.25 an hour$50,440.00
$24.50 an hour$50,960.00
$24.75 an hour$51,480.00
$25 an hour$52,000.00

Frequently asked questions

How much is $24 an hour a year?

$24 an hour is $49,920 a year before taxes, working 40 hours a week for 52 weeks. At 37.5 hours a week it's $46,800, and with two unpaid weeks off it's $48,000.

How much is $24 an hour after taxes?

About $42,291 a year, or $1,626.57 every two weeks, for a single filer after federal income tax, Social Security and Medicare (2026). State taxes lower it further in most states: take-home pay ranges from $38,481 in Oregon to $42,291 in 8 states, including Florida and Nevada.

How much is $24 an hour a month?

$4,160 a month before taxes ($49,920 ÷ 12), or $1,920 every two weeks and $960 a week.

How much is $24 an hour with overtime?

Overtime at time and a half pays $36 an hour. With 5 hours of overtime a week on top of 40, $24 an hour comes to $59,280 a year, $9,360 more than without overtime.

How it's calculated

Yearly pay is the hourly rate × 40 hours × 52 weeks (2,080 paid hours). Federal income tax uses the IRS percentage method in Publication 15-T; Social Security and Medicare are 6.2% and 1.45% of wages.