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$$18 an Hour Is How Much a Year?

$37,440 per year

$18 an hour × 40 hours a week × 52 weeks = $37,440 before taxes.

$18 an hour by pay period (full time)

Pay periodGross pay
Hourly$18.00
Daily (8 hours)$144.00
Weekly (40 hours)$720.00
Biweekly (80 hours)$1,440.00
Semi-monthly (24 paychecks)$1,560.00
Monthly$3,120.00
Yearly (2,080 hours)$37,440.00

$18 an hour part time and with overtime

ScheduleWeeklyMonthlyYearly
20 hours/week$360.00$1,560.00$18,720
25 hours/week$450.00$1,950.00$23,400
30 hours/week$540.00$2,340.00$28,080
32 hours/week$576.00$2,496.00$29,952
35 hours/week$630.00$2,730.00$32,760
40 hours/week$720.00$3,120.00$37,440
45 hours/week$810.00$3,510.00$42,120

The 45-hour row is straight time. If you are a non-exempt employee covered by the federal Fair Labor Standards Act, hours over 40 in a workweek are paid at least time and a half, which is $27.00 an hour for you. Five overtime hours a week would add $135.00 a week, or $7,020 a year. Try the overtime calculator.

Is $18 an hour a good wage?

$18 an hour is 2.5 times the federal minimum wage of $7.25 and about 27% below the U.S. median wage for all workers, $24.51 an hour ($50,980 a year, Bureau of Labor Statistics, May 2025). Whether it is enough depends heavily on where you live; rent and living costs differ widely between states and cities.

What about taxes?

The figures above are gross pay. Every paycheck has Social Security (6.2%) and Medicare (1.45%) taken out, which is $2,864.16 a year on $37,440. Federal income tax, state income tax and any health insurance or retirement contributions come out on top of that, so take-home pay is usually noticeably lower.

Other hourly wages

$12 an hour$13 an hour$14 an hour$15 an hour$16 an hour$17 an hour$18 an hour$19 an hour$20 an hour$21 an hour$22 an hour$23 an hour$24 an hour$25 an hour$26 an hour$27 an hour$28 an hour$29 an hour$30 an hour$32 an hour$35 an hour$40 an hour$45 an hour$50 an hour$60 an hour$75 an hour$100 an hour

Sources: 2,080 hours = 40 hours × 52 weeks. Median wage: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Federal minimum wage and overtime: U.S. Department of Labor. Social Security and Medicare rates: IRS.

Frequently asked questions

$18 an hour is how much a year?

$37,440 a year before taxes, based on a full-time schedule of 40 hours a week for 52 weeks (2,080 hours). With two weeks of unpaid time off (50 weeks) it is $36,000.

How much is $18 an hour a month?

About $3,120.00 a month before taxes (yearly pay divided by 12). Paid every two weeks, each paycheck is $1,440.00 gross.

How much is $18 an hour after taxes?

It depends on your state, filing status and deductions. Social Security and Medicare alone take 7.65% ($2,864.16 a year), and federal and state income tax come out on top of that.

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Last reviewed: 2026-10-18