How Much Is $15 an Hour a Year?
Full-time, part-time, and with overtime — every number for $15 an hour, computed from 2,080 hours.
$15 an hour at any schedule
By hours per week
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-time | $600 | $2,600 | $31,200 |
| Full-time (37.5 h) | $562.50 | $2,437.50 | $29,250 |
| Reduced (30 h) | $450 | $1,950 | $23,400 |
| Part-time (20 h) | $300 | $1,300 | $15,600 |
All figures computed in code from rate × hours × weeks — gross, before taxes. Two unpaid weeks off cost a 40-hour worker $1,200 a year.
The quick answer
$15 an hour is $31,200 a year working full-time (40 hours × 52 weeks = 2,080 hours). Monthly that's $2,600, biweekly $1,200, weekly $600, and one 8-hour day pays $120.
With steady overtime
Overtime hours pay 1.5× under the FLSA: at $15 that's $22.50 an OT hour. Five OT hours a week adds $5,850 a year — total $37,050. Work the full math (weekly thresholds, double time) in the overtime calculator.
Where $15 sits
Against the federal minimum wage of $7.25, $15 is 2.1×. Full-time it equals 62% of a $50,000 salary — below that common benchmark. State minimums, cost of living, and benefits decide whether it's comfortable; the arithmetic above is the objective part.
Take-home is a separate question — taxes take roughly 15–25% at this level, varying by state and filing status. Start from $600 a week in the paycheck calculator.