$24 an Hour Is How Much a Year After Taxes? (2026)
$24 an hour is $49,920 a year before tax at 40 hours a week. After 2026 federal income tax, Social Security and Medicare, a single filer keeps about $42,291 a year β $3,524 a month or $20.33 for every hour worked β in a state with no income tax.
Updated 2026-10-03 Β· 2026 IRS brackets and FICA Β· State figures from each state revenue department
| Period | Gross | After tax |
|---|---|---|
| Hourly | $24.00 | $20.33 |
| Daily (8 h) | $192.00 | $162.66 |
| Weekly | $960.00 | $813.28 |
| Bi-weekly | $1,920.00 | $1,626.57 |
| Semi-monthly | $2,080.00 | $1,762.11 |
| Monthly | $4,160.00 | $3,524.23 |
| Yearly | $49,920.00 | $42,290.72 |
- Take-home $42,291 84.7%
- Federal income tax $3,810 7.6%
- Social Security $3,095 6.2%
- Medicare $724 1.5%
Your result is ready
$24 an hour by pay period
Gross pay, and take-home pay for a single filer with no pre-tax deductions, at $24 Γ 2,080 hours.
| Period | Gross | After tax (no state tax) | After tax in California | After tax in New York |
|---|---|---|---|---|
| Hourly | $24.00 | $20.33 | $19.55 | $19.20 |
| Daily (8 hours) | $192.00 | $162.66 | $156.44 | $153.64 |
| Weekly | $960.00 | $813.28 | $782.18 | $768.18 |
| Bi-weekly (every 2 weeks) | $1,920 | $1,627 | $1,564 | $1,536 |
| Semi-monthly (twice a month) | $2,080 | $1,762 | $1,695 | $1,664 |
| Monthly | $4,160 | $3,524 | $3,389 | $3,329 |
| Yearly | $49,920 | $42,291 | $40,673 | $39,945 |
How the taxes on $24 an hour are worked out
| Gross pay | $49,920 |
| Standard deduction (single) | β$16,100 |
| Taxable income | $33,820 |
| 10% on $12,400 ($0β$12,400) | $1,240 |
| 12% on $21,420 ($12,400β$50,400) | $2,570 |
| Federal income tax | $3,810 |
| Social Security (6.2%) | $3,095 |
| Medicare (1.45%) | $724 |
| Take-home pay | $42,291 |
- Take-home $42,291 84.7%
- Federal income tax $3,810 7.6%
- Social Security $3,095 6.2%
- Medicare $724 1.5%
Your top federal bracket is 12%, but your average federal income tax rate is only 7.6% because the first $16,100 is not taxed and the lower brackets apply to the rest first. Counting FICA, 15.3% of $24 an hour goes to federal taxes. Staying in the 12% bracket means pre-tax savings like a 401(k) save relatively little federal tax, but Roth contributions are taxed at a low rate today.
$24 an hour after taxes in every state
Single filer, 2026 state brackets and payroll taxes (SDI, paid family leave), average local income tax where a state has one. Florida leaves the most and Oregon the least β a difference of $3,885 a year ($324 a month) on the same pay.
| # | State | State + local tax | Take-home / yr | Per month | Per hour |
|---|---|---|---|---|---|
| 1 | Florida | $0 | $42,291 | $3,524 | $20.33 |
| 2 | Nevada | $0 | $42,291 | $3,524 | $20.33 |
| 3 | New Hampshire | $0 | $42,291 | $3,524 | $20.33 |
| 4 | North Dakota | $0 | $42,291 | $3,524 | $20.33 |
| 5 | South Dakota | $0 | $42,291 | $3,524 | $20.33 |
| 6 | Tennessee | $0 | $42,291 | $3,524 | $20.33 |
| 7 | Texas | $0 | $42,291 | $3,524 | $20.33 |
| 8 | Wyoming | $0 | $42,291 | $3,524 | $20.33 |
| 9 | Alaska | $250 | $42,041 | $3,503 | $20.21 |
| 10 | Washington | $692 | $41,598 | $3,467 | $20.00 |
| 11 | South Carolina | $853 | $41,437 | $3,453 | $19.92 |
| 12 | Arizona | $854 | $41,436 | $3,453 | $19.92 |
| 13 | Louisiana | $1,111 | $41,179 | $3,432 | $19.80 |
| 14 | New Mexico | $1,181 | $41,110 | $3,426 | $19.76 |
| 15 | Vermont | $1,235 | $41,056 | $3,421 | $19.74 |
| 16 | Utah | $1,255 | $41,035 | $3,420 | $19.73 |
| 17 | Mississippi | $1,265 | $41,026 | $3,419 | $19.72 |
| 18 | Iowa | $1,340 | $40,951 | $3,413 | $19.69 |
| 19 | Nebraska | $1,392 | $40,899 | $3,408 | $19.66 |
| 20 | Arkansas | $1,402 | $40,889 | $3,407 | $19.66 |
| 21 | Missouri | $1,409 | $40,882 | $3,407 | $19.65 |
| 22 | Wisconsin | $1,437 | $40,854 | $3,404 | $19.64 |
| 23 | West Virginia | $1,441 | $40,850 | $3,404 | $19.64 |
| 24 | North Carolina | $1,483 | $40,808 | $3,401 | $19.62 |
| 25 | Idaho | $1,537 | $40,753 | $3,396 | $19.59 |
| 26 | Montana | $1,590 | $40,701 | $3,392 | $19.57 |
| 27 | Ohio | $1,596 | $40,695 | $3,391 | $19.56 |
| 28 | New Jersey | $1,610 | $40,680 | $3,390 | $19.56 |
| 29 | California | $1,617 | $40,673 | $3,389 | $19.55 |
| 30 | Oklahoma | $1,701 | $40,590 | $3,382 | $19.51 |
| 31 | Colorado | $1,708 | $40,583 | $3,382 | $19.51 |
| 32 | Georgia | $1,743 | $40,548 | $3,379 | $19.49 |
| 33 | Rhode Island | $1,804 | $40,486 | $3,374 | $19.46 |
| 34 | Michigan | $1,871 | $40,420 | $3,368 | $19.43 |
| 35 | District of Columbia | $1,895 | $40,396 | $3,366 | $19.42 |
| 36 | Maine | $1,941 | $40,349 | $3,362 | $19.40 |
| 37 | Kansas | $1,986 | $40,305 | $3,359 | $19.38 |
| 38 | Virginia | $2,056 | $40,234 | $3,353 | $19.34 |
| 39 | Pennsylvania | $2,067 | $40,224 | $3,352 | $19.34 |
| 40 | Minnesota | $2,091 | $40,200 | $3,350 | $19.33 |
| 41 | Alabama | $2,231 | $40,060 | $3,338 | $19.26 |
| 42 | Connecticut | $2,246 | $40,045 | $3,337 | $19.25 |
| 43 | Delaware | $2,293 | $39,997 | $3,333 | $19.23 |
| 44 | Illinois | $2,326 | $39,964 | $3,330 | $19.21 |
| 45 | New York | $2,346 | $39,945 | $3,329 | $19.20 |
| 46 | Indiana | $2,407 | $39,884 | $3,324 | $19.18 |
| 47 | Massachusetts | $2,506 | $39,785 | $3,315 | $19.13 |
| 48 | Hawaii | $2,528 | $39,763 | $3,314 | $19.12 |
| 49 | Kentucky | $2,728 | $39,563 | $3,297 | $19.02 |
| 50 | Maryland | $3,605 | $38,686 | $3,224 | $18.60 |
| 51 | Oregon | $3,885 | $38,406 | $3,201 | $18.46 |
Married, head of household and children
Filing status and the Child Tax Credit ($2,200 per child under 17) change the federal bill on the same $24 an hour. Figures assume one earner and no state income tax.
| Household | Federal income tax | Take-home / yr | Per month |
|---|---|---|---|
| Single | $3,810 | $42,291 | $3,524 |
| Married filing jointly (one earner) | $1,772 | $44,329 | $3,694 |
| Head of household, 1 child | $538 | $45,563 | $3,797 |
| Married, 2 children | -$2,628 | $48,729 | $4,061 |
$24 an hour at different hours per week
Part-time and overtime change the yearly total. Hours above 40 a week are paid at time-and-a-half ($$36.00), and from 2025 to 2028 the extra half-time premium is deductible from federal income tax up to $12,500 a year.
| Hours / week | Gross / week | Gross / year | Take-home / year | Per month |
|---|---|---|---|---|
| 20 | $480.00 | $24,960 | $22,165 | $1,847 |
| 25 | $600.00 | $31,200 | $27,249 | $2,271 |
| 30 | $720.00 | $37,440 | $32,263 | $2,689 |
| 32 | $768.00 | $39,936 | $34,269 | $2,856 |
| 35 | $840.00 | $43,680 | $37,277 | $3,106 |
| 40 | $960.00 | $49,920 | $42,291 | $3,524 |
| 45 (5 overtime) | $1,140.00 | $59,280 | $50,186 | $4,182 |
| 50 (10 overtime) | $1,320.00 | $68,640 | $58,081 | $4,840 |
| 60 (20 overtime) | $1,680.00 | $87,360 | $73,033 | $6,086 |
$24 an hour with 401(k) contributions
Traditional 401(k) contributions come out before federal and most state income tax (not FICA), so saving costs less than it looks. The 2026 employee limit is $24,500.
| Contribution | Saved / yr | Take-home / yr | Take-home cost | Federal tax saved |
|---|---|---|---|---|
| 0% | $0 | $42,291 | $0 | $0 |
| 3% | $1,498 | $40,973 | $1,318 | $180 |
| 6% | $2,995 | $39,655 | $2,636 | $359 |
| 10% | $4,992 | $37,898 | $4,393 | $599 |
| 15% | $7,488 | $35,701 | $6,589 | $899 |
How $24 an hour compares
- US wages: $24.00 an hour is between the 25th percentile and the median US wage. The median across all 155,495,730 US jobs is $24.51 an hour ($50,980 a year); the 25th percentile is $18.07 and the 75th is $38.71 (BLS, May 2025).
- Minimum wage: 3.3Γ the federal minimum of $7.25. Many states and cities set higher minimums β see your state's paycheck page.
- Last year: the same pay in 2025 took home $42,239, so 2026 tax changes add $52 a year, mostly from the higher standard deduction and inflation-adjusted brackets.
- Rule of thumb: double the hourly rate and add three zeros β $24 β $48,000 (exactly $49,920).
Nearby: $23 an hour ($40,619 after tax, β$1,671) Β· $25 an hour ($43,962 after tax, +$1,671). Every other amount is in the hourly and salary conversion tables.
Frequently asked questions
How much is $24 an hour a year?
$49,920 a year before tax, based on 40 hours a week for 52 weeks (2,080 hours). That is $4,160 a month, $960 a week and $1,920 every two weeks.
How much is $24 an hour after taxes?
About $42,291 a year ($3,524 a month, $1,627 per bi-weekly paycheck) for a single filer in 2026 in a state with no income tax. Federal income tax takes $3,810 and Social Security plus Medicare take $3,819. In California you would keep $40,673 and in New York $39,945.
What tax bracket is $24 an hour in?
After the $16,100 standard deduction, taxable income is $33,820, which puts a single filer in the 12% federal bracket. Only the dollars above $12,400 are taxed at 12%; the effective federal income tax rate is 7.6%.
Is $24 an hour a good wage?
It is between the 25th percentile and the median US wage (BLS, May 2025). The US median is $24.51 an hour or $50,980 a year, so this pay is 2% below the median. Whether it is enough depends heavily on local housing costs.
Which state is best for $24 an hour?
Florida leaves the most: $42,291 a year. Oregon leaves the least: $38,406, a gap of $3,885. States with no wage income tax include Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas.
How much do I keep from a raise at $24 an hour?
About 80% of each extra dollar in a no-income-tax state (12% federal bracket plus 7.65% FICA). A raise never lowers your take-home pay.
Sources
Figures are taken from official government publications and were last reviewed on 2026-10-03.
- Rev. Proc. 2025-32 (2026 inflation adjustments incl. OBBBA)
- IRS: Tax inflation adjustments for tax year 2026, including OBBBA amendments
- IRS: 401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
- Rev. Proc. 2025-19 (2026 HSA limits)
- BLS Occupational Employment and Wage Statistics, May 2025 β all occupations (series OEUN0000000000000000000xx)
- US Department of Labor β Minimum wage