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$24 an Hour Is How Much a Year?
The standard conversion is hourly rate × 2,080 — 40 hours a week for all 52 weeks. Real years are often shorter: with two weeks of unpaid time off, $24/hour earns $48,000, and at 48 paid weeks it is $46,080. Salaried jobs with paid vacation keep the full $49,920, which is one hidden difference when comparing an hourly offer against a salary.
Part-time: $24/hour at fewer hours
| Hours / week | Per week | Per month | Per year (52 wks) |
|---|---|---|---|
| 20 | $480 | $2,080 | $24,960 |
| 25 | $600 | $2,600 | $31,200 |
| 30 | $720 | $3,120 | $37,440 |
| 35 | $840 | $3,640 | $43,680 |
| 40 | $960 | $4,160 | $49,920 |
After taxes: what $24/hour actually pays
On $49,920 gross, a single filer taking the 2026 standard deduction pays $3,810 federal income tax, $3,095 Social Security, and $724 Medicare. In the nine states with no income tax that leaves $42,291 a year — $3,524 a month, an effective rate of 15.3%, and a real hourly take-home of about $20.33. State income tax lowers that further, down to roughly $38,477 in Oregon. See the full state-by-state table at $50,000 after taxes, or get your exact number — filing status, 401(k), your state — from the US Paycheck Calculator.
Overtime and raises at $24/hour
Non-exempt hourly workers earn time and a half past 40 hours a week: $36.00/hour at this rate. A steady 5 overtime hours a week adds about $9,360 a year before taxes — often more than a typical annual raise. Speaking of raises: +$1/hour is +$2,080 a year gross, of which a single filer at this level keeps roughly $1,671 after federal tax and FICA. The 12% bracket only applies to the new dollars — a raise never lowers the take-home on pay you already earn.
Frequently asked questions
$24 an hour is how much a year?
$24 per hour is $49,920 per year working full-time: 40 hours a week for 52 weeks (2,080 hours). With two weeks unpaid time off (50 weeks) it is $48,000, and at 48 paid weeks it is $46,080.
$24 an hour is how much a month?
About $4,160 per month before taxes ($49,920 ÷ 12) at 40 hours a week. Per paycheck that is $1,920 bi-weekly or $960 weekly, gross.
How much is $24 an hour after taxes?
For a single filer with the standard deduction in 2026, $49,920 gross leaves about $42,291 a year ($3,524/month, effectively $20.33/hour) in the nine no-income-tax states — federal income tax $3,810, Social Security $3,095, Medicare $724. In the highest-tax case in our table (Oregon) take-home is about $38,477.
What is time and a half for $24 an hour?
Time and a half on $24 is $36.00 per overtime hour. A steady 5 hours of overtime a week at that rate adds about $9,360 a year before taxes.
What does a $1/hour raise from $24 actually add?
One more dollar per hour is $2,080 more per year gross at full-time hours. At this income level a single filer keeps roughly $1,671 of it after federal income tax and FICA (no-state-tax case) — the 12% marginal bracket applies only to the new dollars, never to the pay you already earn.
Gross figures are exact arithmetic; after-tax estimates use 2026 federal rules and the standard deduction for a single filer, exclude local/city taxes, and will differ from your actual withholding. Overtime rules vary for exempt roles. Not tax advice.