$15 an Hour Is How Much a Year? $15/hour = $31,200 per year at 40 hours a week. That is $2,600 per month or $1,200 bi-weekly before taxes, and about $27,249 a year after 2026 federal tax and FICA (single, no state tax).
✓ Reviewed against official sources Data reviewed: November 4, 2026 Last updated: November 4, 2026 Tax year 2026
$1,048.05
take-home per paycheck (bi-weekly)
Federal income tax$60.15 5.0% FICA (Social Security + Medicare)$91.80 7.7% State tax$0.00 0.0% Local tax$0.00 0.0% Pre-tax deductions$0.00 0.0% Take-home pay$1,048.05 87.3%
Gross pay $1,200.00 Effective tax rate 12.7%
$15 an hour by pay period Period Gross After federal tax & FICA Year $31,200 $27,249 Month $2,600 $2,271 Bi-weekly $1,200 $1,048 Week $600 $524 Day (8h) $120 $105
Take-home of $15/hr by state State State tax Take-home / yr Bi-weekly Texas $0 $27,249 $1,048.05 California $652 $26,598 $1,022.98 Florida $0 $27,249 $1,048.05 New York $1,088 $26,161 $1,006.21 Illinois $1,400 $25,850 $994.21 Ohio $83 $27,167 $1,044.87 Pennsylvania $958 $26,291 $1,011.21 North Carolina $736 $26,513 $1,019.73 Georgia $808 $26,441 $1,016.95 Washington $0 $27,249 $1,048.05
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