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$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

Annual salary$49,920$24.00/hour Γ— 40 h Γ— 52 weeks = $49,920 Β· after tax $42,291 ($20.33/hour) with no state tax
PeriodGrossAfter 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%)85% kept
  • 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.

PeriodGrossAfter tax (no state tax)After tax in CaliforniaAfter 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)βˆ’$16,100
Taxable income$33,820
10% on $12,400 ($0–$12,400)$1,240
12% on $21,420 ($12,400–$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%)15.3%
  • 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.

Florida
$42,291
Texas
$42,291
Washington
$41,598
North Carolina
$40,808
Ohio
$40,695
California
$40,673
Georgia
$40,548
Pennsylvania
$40,224
Illinois
$39,964
New York
$39,945
Massachusetts
$39,785
Oregon
$38,406
#StateState + local taxTake-home / yrPer monthPer hour
1Florida$0$42,291$3,524$20.33
2Nevada$0$42,291$3,524$20.33
3New Hampshire$0$42,291$3,524$20.33
4North Dakota$0$42,291$3,524$20.33
5South Dakota$0$42,291$3,524$20.33
6Tennessee$0$42,291$3,524$20.33
7Texas$0$42,291$3,524$20.33
8Wyoming$0$42,291$3,524$20.33
9Alaska$250$42,041$3,503$20.21
10Washington$692$41,598$3,467$20.00
11South Carolina$853$41,437$3,453$19.92
12Arizona$854$41,436$3,453$19.92
13Louisiana$1,111$41,179$3,432$19.80
14New Mexico$1,181$41,110$3,426$19.76
15Vermont$1,235$41,056$3,421$19.74
16Utah$1,255$41,035$3,420$19.73
17Mississippi$1,265$41,026$3,419$19.72
18Iowa$1,340$40,951$3,413$19.69
19Nebraska$1,392$40,899$3,408$19.66
20Arkansas$1,402$40,889$3,407$19.66
21Missouri$1,409$40,882$3,407$19.65
22Wisconsin$1,437$40,854$3,404$19.64
23West Virginia$1,441$40,850$3,404$19.64
24North Carolina$1,483$40,808$3,401$19.62
25Idaho$1,537$40,753$3,396$19.59
26Montana$1,590$40,701$3,392$19.57
27Ohio$1,596$40,695$3,391$19.56
28New Jersey$1,610$40,680$3,390$19.56
29California$1,617$40,673$3,389$19.55
30Oklahoma$1,701$40,590$3,382$19.51
31Colorado$1,708$40,583$3,382$19.51
32Georgia$1,743$40,548$3,379$19.49
33Rhode Island$1,804$40,486$3,374$19.46
34Michigan$1,871$40,420$3,368$19.43
35District of Columbia$1,895$40,396$3,366$19.42
36Maine$1,941$40,349$3,362$19.40
37Kansas$1,986$40,305$3,359$19.38
38Virginia$2,056$40,234$3,353$19.34
39Pennsylvania$2,067$40,224$3,352$19.34
40Minnesota$2,091$40,200$3,350$19.33
41Alabama$2,231$40,060$3,338$19.26
42Connecticut$2,246$40,045$3,337$19.25
43Delaware$2,293$39,997$3,333$19.23
44Illinois$2,326$39,964$3,330$19.21
45New York$2,346$39,945$3,329$19.20
46Indiana$2,407$39,884$3,324$19.18
47Massachusetts$2,506$39,785$3,315$19.13
48Hawaii$2,528$39,763$3,314$19.12
49Kentucky$2,728$39,563$3,297$19.02
50Maryland$3,605$38,686$3,224$18.60
51Oregon$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.

HouseholdFederal income taxTake-home / yrPer 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 / weekGross / weekGross / yearTake-home / yearPer 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.

ContributionSaved / yrTake-home / yrTake-home costFederal 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

Nearby: $23 an hour ($40,619 after tax, βˆ’$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.

  1. Rev. Proc. 2025-32 (2026 inflation adjustments incl. OBBBA)
  2. IRS: Tax inflation adjustments for tax year 2026, including OBBBA amendments
  3. IRS: 401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
  4. Rev. Proc. 2025-19 (2026 HSA limits)
  5. BLS Occupational Employment and Wage Statistics, May 2025 – all occupations (series OEUN0000000000000000000xx)
  6. US Department of Labor – Minimum wage