$15.01 an Hour Is How Much a Year?

Based on a full-time schedule of 40 hours per week, 52 weeks per year.

$15.01 per hour = $31,220.80 per year

$15.01 an hour adds up to $31,221 a year before tax, assuming a 40-hour week across 52 weeks.

Broken down, that is $2,602 a month, $1,201 every two weeks and $600 a week. The monthly figure is the one to use for rent or budgeting, because it already spreads the year evenly instead of counting paydays.

What this rate pays at other hours

  • 20 hours a week → $15,610 a year
  • 25 hours a week → $19,513 a year
  • 30 hours a week → $23,416 a year
  • 35 hours a week → $27,318 a year
  • 40 hours a week → $31,221 a year

Before you accept the number

  • Overtime is normally paid at 1.5× the base rate, so the same job at 45 hours a week is worth $22.52 for those extra hours.
  • Unpaid lunch breaks are not part of a 40-hour week: a 30-minute break every day brings the paid year down by roughly 4%.
  • The annual figure above is gross pay. Federal income tax, FICA and any state tax come out of it before the money reaches your account.

Full Pay Breakdown

Hourly$15.01
Daily (8 hours)$120.08
Weekly (40 hours)$600.40
Biweekly$1,200.80
Monthly$2,601.73
Yearly$31,220.80

Part-Time Hours

Hours / WeekWeeklyMonthlyYearly
20 hours $300.20 $1,300.87 $15,610.40
25 hours $375.25 $1,626.08 $19,513
30 hours $450.30 $1,951.30 $23,415.60
35 hours $525.35 $2,276.52 $27,318.20
40 hours $600.40 $2,601.73 $31,220.80

After Taxes (Estimate)

Gross Annual$31,220.80
Federal Income Tax−$1,708
Social Security & Medicare−$2,388.39
Take-Home (per year)$27,124.41
Take-Home (per hour)$13.04

Single filer, standard deduction, 2025 federal rates, no state tax. Use the Take-Home Pay Calculator to add your state.

Last reviewed: November 2026

Data sources: US federal income tax brackets (2025); Social Security Administration wage base; Standard 2,080 work-hour year.

Disclaimer: Pay conversions assume 40 hours/week for 52 weeks. Take-home is a federal-only estimate for a single filer and is not tax or financial advice.

Frequently Asked Questions

Working full time (40 hours/week, 52 weeks/year), $15.01 per hour is $31,220.80 per year before taxes.

$15.01 per hour works out to about $2,601.73 per month before taxes at full-time hours.

After federal income tax and FICA (single filer, standard deduction), take-home is roughly $27,124.41 per year — about $13.04 per hour.