$24 an hour by hours worked
Part-time or overtime? Here is what the same hourly rate pays at different weekly schedules (overtime premium not included).
| Hours per week | Per week | Per month | Per year |
|---|---|---|---|
| 20 h | $480.00 | $2,080.00 | $24,960 |
| 25 h | $600.00 | $2,600.00 | $31,200 |
| 30 h | $720.00 | $3,120.00 | $37,440 |
| 35 h | $840.00 | $3,640.00 | $43,680 |
| 37.5 h | $900.00 | $3,900.00 | $46,800 |
| 40 h | $960.00 | $4,160.00 | $49,920 |
| 45 h | $1,080.00 | $4,680.00 | $56,160 |
| 50 h | $1,200.00 | $5,200.00 | $62,400 |
What $24 an hour is worth
- $24.00 an hour is 3.3 times the federal minimum wage and above the minimum wage in 51 of 51 states.
- If you are eligible for overtime, each hour beyond 40 in a week pays $36.00. Five overtime hours a week add $9,360 a year before tax.
- A $1 raise to $25.00 an hour adds $2,080 a year before tax, or about $173 a month.
- Asking for part of any raise as employer 401(k) matching can be worth more than the same amount in cash, because matches are not taxed until retirement.
$24 an hour after tax by pay period (Texas)
How much lands in your bank account depends on how often you are paid. Here is the same salary split by pay frequency.
| Pay period | Gross pay | Taxes | Take-home pay |
|---|---|---|---|
| Yearly | $49,920 | $7,629 | $42,291 |
| Monthly | $4,160.00 | $635.77 | $3,524.23 |
| Semi-monthly | $2,080.00 | $317.89 | $1,762.11 |
| Bi-weekly | $1,920.00 | $293.43 | $1,626.57 |
| Weekly | $960.00 | $146.72 | $813.28 |
| Daily | $192.00 | $29.34 | $162.66 |
| Hourly | $24.00 | $3.67 | $20.33 |
$24 an hour after taxes in the largest states
Your hourly wage is worth more in states without income tax. Take-home pay per year for a single full-time worker:
Where your taxes go
- Take-home pay$42,29184.7%
- Federal income tax$3,8107.6%
- Social Security$3,0956.2%
- Medicare$7241.5%
- Federal income tax ($3,810). Charged on $33,820 of taxable income after the standard deduction, with a top rate of 12% on your last dollar.
- Social Security ($3,095). 6.2% of wages up to $184,500. It funds retirement and disability benefits.
- Medicare ($724). 1.45% of all wages, plus 0.9% on wages above $200,000 for single filers.
- State income tax ($0). Texas does not tax wages.
What if you take unpaid time off?
Without paid vacation, every week off costs $24 × 40 hours = $960 of income:
| Schedule | Yearly pay before tax |
|---|---|
| No paid time off (52 weeks) | $49,920 |
| 2 weeks unpaid | $48,000 |
| 4 weeks unpaid | $46,080 |
Frequently asked questions
$24 an hour is how much a year?
$24 an hour is $49,920 a year before taxes, based on 40 hours a week and 52 weeks (2,080 hours).
$24 an hour is how much a month?
About $4,160.00 per month before taxes.
$24 an hour is how much every two weeks?
$1,920.00 per bi-weekly paycheck before taxes.
How much is $24 an hour after taxes?
It depends on your state. A single filer keeps about $42,291 a year in Texas (no state income tax) and $40,607 in California.
Is $24 an hour a good wage?
$24 is 3.3 times the federal minimum wage of $7.25 and higher than the minimum wage in 51 of 51 states. Full time, it adds up to $49,920 a year.
Figures use 2026 IRS federal brackets, the standard deduction, Social Security and Medicare rates, and each state's income tax rules for a W-2 employee. Read our methodology. Last updated September 25, 2026. Estimates for information only, not tax advice.