2026 · 40 hours a week · 52 weeks

$42 an Hour Is How Much a Year?

Working full time at $42 an hour, you earn $87,360 per year before taxes.

Per year$87,360before taxes
Per month$7,280before taxes
Per week$1,68040 hours
After tax (TX)$70,288per year
Your take-home pay
$70,288/ year
Monthly$5,857
Bi-weekly$2,703
Tax rate19.5%
  • Take-home pay $70,288
  • Federal income tax $10,389
  • Social Security $5,416
  • Medicare $1,267

$42 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 weekPer weekPer monthPer year
20 h$840.00$3,640.00$43,680
25 h$1,050.00$4,550.00$54,600
30 h$1,260.00$5,460.00$65,520
35 h$1,470.00$6,370.00$76,440
37.5 h$1,575.00$6,825.00$81,900
40 h$1,680.00$7,280.00$87,360
45 h$1,890.00$8,190.00$98,280
50 h$2,100.00$9,100.00$109,200

What $42 an hour is worth

  • This rate beats the minimum wage in 51 of the 50 states and DC, and is $34.75 above the federal minimum of $7.25.
  • If you are eligible for overtime, each hour beyond 40 in a week pays $63.00. Five overtime hours a week add $16,380 a year before tax.
  • Each additional dollar per hour is worth $2,080 a year for a full-time schedule.
  • 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.

$42 an hour after tax by pay period (Texas)

Use this table to plan your budget around your actual paycheck, not your gross salary.

Pay periodGross payTaxesTake-home pay
Yearly$87,360$17,072$70,288
Monthly$7,280.00$1,422.69$5,857.31
Semi-monthly$3,640.00$711.34$2,928.66
Bi-weekly$3,360.00$656.62$2,703.38
Weekly$1,680.00$328.31$1,351.69
Daily$336.00$65.66$270.34
Hourly$42.00$8.21$33.79

$42 an hour after taxes in the largest states

Where you live changes what $42 an hour is really worth. Yearly take-home pay in the 12 most populous states:

Texas
$70,288 · $33.79/h
Florida
$70,288 · $33.79/h
Ohio
$68,327 · $32.85/h
Pennsylvania
$67,545 · $32.47/h
North Carolina
$67,311 · $32.36/h
Michigan
$66,826 · $32.13/h
Georgia
$66,677 · $32.06/h
New Jersey
$66,356 · $31.90/h
Illinois
$66,108 · $31.78/h
Virginia
$66,079 · $31.77/h
New York
$65,759 · $31.61/h
California
$65,273 · $31.38/h

Where your taxes go

Take-home pay: $70,288Federal income tax: $10,389Social Security: $5,416Medicare: $1,267
You keep80%
  • Take-home pay$70,28880.5%
  • Federal income tax$10,38911.9%
  • Social Security$5,4166.2%
  • Medicare$1,2671.5%
  • Federal income tax ($10,389). Charged on $71,260 of taxable income after the standard deduction, with a top rate of 22% on your last dollar.
  • Social Security ($5,416). 6.2% of wages up to $184,500. It funds retirement and disability benefits.
  • Medicare ($1,267). Charged at 1.45% on every dollar you earn, with no wage cap.
  • State income tax ($0). Texas does not tax wages.

What if you take unpaid time off?

Without paid vacation, every week off costs $42 × 40 hours = $1,680 of income:

ScheduleYearly pay before tax
No paid time off (52 weeks)$87,360
2 weeks unpaid$84,000
4 weeks unpaid$80,640

Frequently asked questions

$42 an hour is how much a year?

$42 an hour is $87,360 a year before taxes, based on 40 hours a week and 52 weeks (2,080 hours).

$42 an hour is how much a month?

About $7,280.00 per month before taxes.

$42 an hour is how much every two weeks?

$3,360.00 per bi-weekly paycheck before taxes.

How much is $42 an hour after taxes?

It depends on your state. A single filer keeps about $70,288 a year in Texas (no state income tax) and $65,273 in California.

Is $42 an hour a good wage?

$42 is 5.8 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 $87,360 a year.

How we calculate

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.