$24 an hour is $49,920 a year
A full-time job is 40 hours a week for 52 weeks, or 2,080 hours a year. Here's $24 an hour in every pay period, before tax:
| Pay period | Pay at $24/hour |
|---|---|
| Yearly | $49,920 |
| Monthly | $4,160.00 |
| Every 2 weeks | $1,920.00 |
| Weekly | $960.00 |
| Daily (8 hours) | $192.00 |
| Hourly | $24.00 |
Part-time, overtime and unpaid time off
| Schedule | Per year | Per month |
|---|---|---|
| Part-time, 20 hours a week | $24,960 | $2,080 |
| Part-time, 30 hours a week | $37,440 | $3,120 |
| Full-time, 40 hours a week | $49,920 | $4,160 |
| 40 hours + 5 hours overtime a week | $59,280 | $4,940 |
| Full-time with 2 weeks unpaid time off | $48,000 | $4,000 |
Overtime is paid at 1.5 times your hourly rate, the federal standard for most hourly workers.
$24 an hour after taxes
For a single filer in 2026, $49,920 a year comes to about $42,291 after federal income tax ($3,810) and Social Security and Medicare ($3,819). That's about $3,524 a month or $1,627 per two-week paycheck, before any state income tax.
| If you live in | Take-home per year |
|---|---|
| Texas | $42,291 |
| Florida | $42,291 |
| Illinois | $39,964 |
| California | $40,597 |
| New York | $40,192 |
See your exact paycheck, with 401(k) and filing status, in the salary after tax calculator.
What can you afford on $24 an hour?
- Rent: the common 30% guideline puts rent at about $1,248 a month.
- A home: spending 28% of gross pay on housing, with 10% down and a 6.5% 30-year mortgage, supports a home price of roughly $145,000, including property tax and insurance. Try the home affordability calculator with your own savings and debts.
Nearby hourly wages
| Hourly wage | Per year | Per month |
|---|---|---|
| $21 an hour | $43,680 | $3,640 |
| $22 an hour | $45,760 | $3,813 |
| $23 an hour | $47,840 | $3,987 |
| $24 an hour | $49,920 | $4,160 |
| $25 an hour | $52,000 | $4,333 |
| $26 an hour | $54,080 | $4,507 |
| $27 an hour | $56,160 | $4,680 |