Finance

$20 an Hour Is How Much a Year?

See the yearly, monthly, biweekly and after-tax pay for a $20 hourly wage, plus part-time and overtime breakdowns.

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$20 an hour is

$41,600 a year

Before taxes, at 40 hours per week for 52 weeks (2,080 hours). A single filer keeps about $35,606 after estimated federal taxes — an effective rate of 14.4%.

A $20 hourly wage pays $41,600 a year gross. That is $3,467 a month, $1,600 per biweekly paycheck, $800 a week, or $160 for an 8-hour day.

After federal income tax and FICA, take-home pay is roughly $35,606 a year ($2,967/month) for a single filer with the standard deduction — your exact paycheck also depends on state taxes, benefits, and withholding. Adjust hours and weeks in the calculator above to match your real schedule.

The formula

$20 × 40 hours × 52 weeks = $41,600 per year

Hourly-to-yearly pay is hourly rate × weekly hours × working weeks. Change any of the three in the calculator to model part-time schedules, unpaid leave, or a different contract year.

Pay periods at $20/hour

Period	Before tax	After federal tax (est.)
Yearly	$41,600	$35,606
Monthly	$3,467	$2,967
Biweekly paycheck	$1,600	$1,369
Weekly	$800	$685
Daily (8 hours)	$160	$137
Hourly	$20	$17.12

Full-time schedule: 40 hours per week, 52 weeks. After-tax column is a federal-only estimate for a single filer.

Part-time and full-time yearly pay at $20/hour

Hours per week	Yearly (52 weeks)	Yearly (50 weeks)
20	$20,800	$20,000
25	$26,000	$25,000
30	$31,200	$30,000
35	$36,400	$35,000
40	$41,600	$40,000

Gross pay before taxes. The 50-week column models two weeks of unpaid time off.

Overtime at $20/hour (time and a half = $30.00/hour)

Overtime per week	Extra pay per year	Yearly total (gross)
3 hours	$4,680	$46,280
5 hours	$7,800	$49,400
10 hours	$15,600	$57,200

FLSA time-and-a-half for non-exempt hourly roles, added on top of the 40-hour base year.

Wages near $20/hour

Hourly wage	Yearly (gross)	After federal tax (est.)
$18/hour	$37,440	$32,263
$19/hour	$39,520	$33,934
$19.50/hour	$40,560	$34,770
$20.50/hour	$42,640	$36,441
$21/hour	$43,680	$37,277
$22/hour	$45,760	$38,948
$40,000 a year (salary view)	$40,000	$34,320
$42,000 a year (salary view)	$42,000	$35,927

How small raises change full-time yearly pay, plus the closest salary breakdowns.

Overtime changes the math at $20/hour

Hourly roles at this level are usually non-exempt, which means the FLSA guarantees time and a half — $30.00 per overtime hour. Five overtime hours a week add $7,800 a year before taxes, which is often the fastest raise available without changing jobs.

How $20/hour compares nationally

$20 is 2.8× the federal minimum wage of $7.25, and about 36.1% below the $31.27/hour equivalent of the median full-time U.S. paycheck ($1,251/week, BLS Q2 2026). Raises toward the median are most commonly reached through shift differentials, certifications, or moving to metro-area employers.

Assumptions behind these numbers

Full time means 40 hours per week for 52 paid weeks (2,080 hours per year) unless you change it in the calculator.
After-tax figures are estimates for a single filer taking the 2026 federal standard deduction, including Social Security and Medicare (FICA). State and local income taxes, pre-tax benefits, and credits are excluded.
Educational estimates, not tax or financial advice; verify your own paycheck with your employer or a tax professional.

Figures use United States federal tax year 2026.

Primary sources

See every value in this series on the Hourly to Yearly Salary Chart.

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Useful next step$21 an Hour Is How Much a Year?See the yearly, monthly, biweekly and after-tax pay for a $21 hourly wage, plus part-time and overtime breakdowns.

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Frequently asked questions

How much is $20 an hour biweekly?

$1,600 before taxes every two weeks at full time, or about $1,369 after estimated federal taxes for a single filer.

How much is $20 an hour per year part-time?

At 20 hours a week, $20,800 a year; at 30 hours, $31,200. The part-time table above covers more schedules.

How much is $20 an hour after taxes?

Approximately $35,606 a year, or $2,967 a month — a federal-only estimate for a single filer taking the 2026 standard deduction of $16,100. State and local taxes reduce it further.

What if I only work 50 weeks a year?

Two weeks of unpaid time off lowers gross pay to $40,000 — a difference of $1,600 versus the 52-week year.

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