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$15 an Hour is How Much a Year?

Complete 2026 breakdown with taxes, jobs, and earning tips.

Quick Answer: $15/hr = $31,200 per Year

PeriodAmount
Annual$31,200
Monthly$2,600
Biweekly$1,200
Weekly$600
Daily (8 hrs)$120

How We Calculate $15 an Hour to Yearly Salary

$15 × 40 hours/week × 52 weeks/year = $31,200/year

The standard formula multiplies your hourly rate by 2,080 work hours per year (40 hours × 52 weeks). If you take two unpaid weeks off, use 2,000 hours: $15 × 2,000 = $30,000.

Part-time variants: At 30 hours/week you'd earn $23,400 annually. At 20 hours/week, $15,600. Try our hourly to annual converter to model your exact schedule.

$15 an Hour After Taxes

At $31,200 gross, a single filer falls in the 12% federal tax bracket (income $11,925–$48,475 in 2026). After the $15,700 standard deduction, your taxable income is about $15,500.

DeductionEst. Annual
Federal income tax~$1,720
Social Security (6.2%)~$1,934
Medicare (1.45%)~$452
State tax (varies)$0–$1,500
Est. take-home$25,500–$27,100

No-tax states like Texas and Florida maximize your paycheck. California reduces take-home noticeably. See our take-home pay guide.

Is $15 an Hour a Good Wage?

The U.S. median hourly wage is approximately $23.25 in 2026, so $15/hour is about 35% below the national median. It's 2× the federal minimum wage ($7.25) and matches many state minimums.

Living wage context: $15/hour supports a single adult comfortably in low-cost cities (Memphis, Tulsa, El Paso). It's tight in mid-tier cities (Atlanta, Phoenix) and very challenging in expensive metros (NYC, San Francisco, Boston).

Compare with $17/hour ($35,360/yr) or $20/hour ($41,600/yr) to see the difference a small raise makes.

What Jobs Pay $15 an Hour?

Based on 2026 BLS occupational data, these roles typically pay around $15/hour:

  • Retail sales associates and cashiers
  • Fast food and quick-service restaurant workers
  • Warehouse associates and order pickers
  • Home health aides (entry-level)
  • Janitors and cleaning staff
  • Security guards (unarmed, entry-level)

How to Increase Your Hourly Rate

1. Get short-term certifications. Forklift operation, ServSafe, CNA, or basic IT support credentials can move you to $18–$22/hour within weeks.

2. Switch to in-demand industries. Healthcare support, warehouse logistics, and skilled trades pay $18–$25/hour for entry-level positions with on-the-job training.

3. Maximize overtime. Overtime at $15/hour pays $22.50/hour. Just 5 OT hours per week adds $5,850/year. Read how overtime affects your salary.

4. Move to a higher minimum-wage state. California ($16), Washington ($16.66), and several cities offer $18–$20+ entry rates. See our minimum wage to salary guide.

Calculate Your Exact Pay

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Legal Disclaimer

This calculator is for informational and educational purposes only. The results provided should not be considered legal, tax, or financial advice.

While we strive to provide accurate calculations based on federal FLSA guidelines, employment law is complex and varies by state, industry, and individual circumstances. Factors such as job classification, exemption status, collective bargaining agreements, and local regulations may affect your actual pay calculations.

We recommend consulting with:

  • Your employer's HR department for specific payroll questions
  • A qualified employment attorney for legal advice
  • A certified public accountant (CPA) for tax-related matters
  • Your state labor department for local regulations

By using this calculator, you acknowledge that the results are estimates only and may not reflect your actual earnings or legal entitlements.