$15,000 a Year is How Much an Hour? (Before and After Taxes)


Workspace with wood desk, computer, keyboard, and mouse for person to make $15,000 a year.

So you will make $15,000 a year from your new job or promotion. But $15,000 a year is how much an hour?

Below you will find how much $15,000 is hourly, daily, weekly, biweekly, monthly, and even after taxes. There’s also an example budget you can use when making $15,000 a year.

To figure out how much $15,000 a year is as an hourly wage, divide $15,000 by 40 hours and 52 weeks. So if you were to work full-time, 40 hours a week, making $15,000 a year, you would earn $7.21 an hour. 

Table of Contents

Comparison Table of $15,000 a Year (Before & After Taxes)

Here is a comparison table of the pretax and after-tax income of $15,000 a year:

$15,000 a YearPretax IncomeAfter-Tax Income
Yearly (52 Weeks)$15,000$11,250
Monthly (160 Hours)$1,153.85$865.38
Biweekly (80 Hours)$576.92$432.69
Weekly (40 Hours)$288.46$216.35
Daily (8 Hours)$57.69$43.27
Hourly (1 Hour)$7.21$5.41

$15,000 a Year is How Much an Hour?

If you make $15,000 a year, your hourly wage would be $7.21. This is calculated by dividing the $15,000 yearly salary by 2,080 total annual hours worked.

There are 52 weeks in the year, and if you work a full-time job, you will typically work 40 hours a week on average. So when you multiply these two numbers together (40 hours and 52 weeks), you will get an answer of 2,080 total annual hours.

Now you can take your yearly salary of $15,000 and divide it by 2,080 annual hours worked to get your hourly wage.

If you decide to take some time off work to, for example, go on a vacation, your total annual hours worked would be reduced. This may result in the hourly wage ($7.21) changing slightly.

Find Out: $14,000 a Year

$15,000 a Year is How Much an Hour After Taxes?

If you make $15,000 a year, you would take home $5.41 an hour after taxes. Your pre-tax hourly wage was $7.21. But after paying 25% in taxes, your after-tax hourly wage would be $5.41 a year.

The amount you pay in taxes depends on many different factors. But assuming a 25% to 30% tax rate is reasonable.

That means about a third to a fourth of your income will go to taxes at $15,000 a year. There are ways to minimize how much you pay in taxes. However, for the average person, assuming this amount as a tax rate can be expected.

15,000 Dollars a Year is How Much After Taxes?

Anyone making $15,000 a year will have an after-tax income of $11,250. This number is calculated by assuming you will pay around 25% of your income towards taxes.

When you’re earning 15,000 dollars annually, it is always a good idea to know your after-tax annual income and hourly wage.

That said, your estimated after-tax salary is $11,250, meaning a portion of your gross income will go towards taxes.

It’s important that you file your taxes correctly every year. This way, you don’t pay more than you have to.

If you don’t like to worry about whether or not you paid the correct amount in taxes on a 15,000 dollar salary, then you need to use TurboTax.

They have a maximum refund and 100% accuracy guarantee. So when you use TurboTax, you can rest assured your taxes will be filed correctly no matter your income.

$15,000 a Year is How Much a Month?

If you make $15,000 a year, you will make $1,153.85 a month before taxes, assuming you are working full-time. Each month after taxes, you will make approximately $865.38.

A full-time worker or employee works at least 40 hours a week. If you work either more or fewer hours, this amount will vary slightly.

For this calculation, we will use 160 hours (40 hours multiplied by 4 weeks in a month) to calculate the monthly income of $1,153.85.

Sometimes, if you work more than 40 hours a week, you might be eligible for overtime pay. Overtime pay is 1.5 times what you usually make. So you could end up making more than just $7.21 an hour.

Learn More: $13,000 a Year

$15,000 a Year is How Much Biweekly?

$15,000 a year is $576.92 biweekly before taxes and approximately $432.69 after taxes. Paying a tax rate of 25% and working full-time at 40 hours a week, you would earn $432.69 after taxes.

To calculate how much you make biweekly before taxes, you would multiply the hourly wage for $15,000 a year, $7.21 by 80 hours to get $576.92.

Most employers send out paychecks every two weeks. So you may hear people refer to their biweekly pay as their paycheck. That said, you could technically say you make $576.92 each paycheck before taxes and $432.69 after taxes.

Our Recommendation: Get paid up to two days early with direct deposit when you use Chime.

$15,000 a Year is How Much a Week?

If you make $15,000 a year, you will get paid $288.46 a week. This amount is calculated by assuming you work full-time for all four weeks of the month. If you multiply 40 hours by $7.21 an hour, you get $288.46, your weekly income.

See: $12,000 a Year

15,000 Dollars a Year is How Much a Day?

$15,000 a year is $57.69 per day before taxes. The standard workday is 8 hours. So by multiplying 8 hours by $7.21 an hour, you would earn $57.69 every day. After taxes, you would earn $43.27 a day.

Tools You Need to Live on $15,000 a Year

So you’re earning $15,000 a year but want to make the most of that money. Here are the best tools you need to start using when living on this amount of income.

CIT Bank

Now that virtually everything is done online so is banking. CIT Bank consistently ranks high as one of the most reliable and trustworthy banks.

See Also  $66,000 a Year is How Much an Hour? (Before and After Taxes)

When you open up a checking or savings account with them, you do not need to worry about any annoying fees. Start building your savings up the right way with CIT Bank.

TurboTax

Taxes can be quite complicated but they don’t have to be. This is especially true if your annual income is $15,000. TurboTax makes filing your taxes simple with their 100% accuracy and maximum refund guarantee.

Survey Junkie

Everyone enjoys earning some extra cash. Well, Survey Junkie makes it possible for you to actually get paid to share your opinions on products and services.

It is some of the easiest money you could ever make. If you’ve got some spare time, fill out one of their surveys and get paid.

Check out Survey Junkie today and start taking surveys to receive PayPal money and gift cards.

FreshBooks

If you’re making $15,000 a year and are a sole proprietor, business owner, or freelancer, you need to start using FreshBooks. They are an affordable accounting and invoicing software that makes sending invoices and tracking expenses simple.

They are perfect whether you’re a beginner or expert in your field and even offer a free trial. So what are you waiting for? Start saving time using FreshBooks today.

How To Budget $15,000 a Year

Creating a monthly budget for how much you need to spend, save, and invest is not as difficult as it seems. First, you will need to find your after-tax income. This is otherwise known as your take-home pay. Your take-home pay for $15,000 a year or $7.21 an hour is approximately $865.38 a month.

You then will need to split that $865.38 after-tax income into different categories. These categories represent your expenses, savings, and investments. If you make $15,000 a year, this is an example of what your monthly budget can look like:

CategoryBudget AmountPercentage
Housing$259.6230%
Saving and Investing$129.8115%
Insurance$129.8115%
Food$86.5410%
Transportation$86.5410%
Entertainment and Recreation$86.5410%
Personal Expenses$43.275%
Utilities$43.275%
Total$865.38100%

Is $15,000 a Year a Good Salary?

A $15,000 salary is considerably lower than the average salary in the United States. In America, the average annual salary is $53,490.

So if you make $15,000 a year, you are making $38,490 less than the average U.S. salary.

Look: $11,000 a Year

$15,000 a Year Salary After Taxes in 2022 (By State)

Here is your estimated $15,000 a year salary after taxes in 2022 for each state. Your after-tax income will change based on state taxes.

Alabama ( $13,110 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 3.32% ) – $498

FICA ( 7.65% ) – $1,148

Total Alabama Income Taxes ( 12.60% ) – $1,890

Annual Take-Home Pay in Alabama ( 87.40% ) – $13,110

Alaska ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Alaska Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Alaska ( 90.72% ) – $13,608

Arizona ( $13,545 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.42% ) – $63

FICA ( 7.65% ) – $1,148

Total Arizona Income Taxes ( 9.70% ) – $1,455

Annual Take-Home Pay in Arizona ( 90.30% ) – $13,545

Arkansas ( $13,410 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.32% ) – $198

FICA ( 7.65% ) – $1,148

Total Arkansas Income Taxes ( 10.60% ) – $1,590

Annual Take-Home Pay in Arkansas ( 89.40% ) – $13,410

California ( $13,497 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.74% ) – $111

FICA ( 7.65% ) – $1,148

Total California Income Taxes ( 10.02% ) – $1,503

Annual Take-Home Pay in California ( 89.98% ) – $13,497

Colorado ( $13,497 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.74% ) – $111

FICA ( 7.65% ) – $1,148

Total Colorado Income Taxes ( 10.02% ) – $1,503

Annual Take-Home Pay in Colorado ( 89.98% ) – $13,497

Connecticut ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Connecticut Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Connecticut ( 90.72% ) – $13,608

Delaware ( $13,263 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.30% ) – $345

FICA ( 7.65% ) – $1,148

Total Delaware Income Taxes ( 11.58% ) – $1,737

Annual Take-Home Pay in Delaware ( 88.42% ) – $13,263

Florida ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Florida Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Florida ( 90.72% ) – $13,608

Georgia ( $13,338 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.80% ) – $270

FICA ( 7.65% ) – $1,148

Total Georgia Income Taxes ( 11.08% ) – $1,662

Annual Take-Home Pay in Georgia ( 88.92% ) – $13,338

Hawaii ( $13,102 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 3.37% ) – $506

FICA ( 7.65% ) – $1,148

Total Hawaii Income Taxes ( 12.65% ) – $1,898

Annual Take-Home Pay in Hawaii ( 87.35% ) – $13,102

Idaho ( $13,566 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.28% ) – $42

FICA ( 7.65% ) – $1,148

Total Idaho Income Taxes ( 9.56% ) – $1,434

Annual Take-Home Pay in Idaho ( 90.44% ) – $13,566

Illinois ( $12,983 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 4.17% ) – $625

FICA ( 7.65% ) – $1,148

Total Illinois Income Taxes ( 13.45% ) – $2,017

Annual Take-Home Pay in Illinois ( 86.55% ) – $12,983

Indiana ( $13,156 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 3.01% ) – $452

FICA ( 7.65% ) – $1,148

Total Indiana Income Taxes ( 12.29% ) – $1,844

Annual Take-Home Pay in Indiana ( 87.71% ) – $13,156

Iowa ( $13,272 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.24% ) – $336

FICA ( 7.65% ) – $1,148

Total Iowa Income Taxes ( 11.52% ) – $1,728

Annual Take-Home Pay in Iowa ( 88.48% ) – $13,272

Kansas ( $13,306 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.02% ) – $302

FICA ( 7.65% ) – $1,148

Total Kansas Income Taxes ( 11.30% ) – $1,694

Annual Take-Home Pay in Kansas ( 88.71% ) – $13,306

More About Salaries: $11,000 a Year

Kentucky ( $12,993 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 4.10% ) – $616

FICA ( 7.65% ) – $1,148

Total Kentucky Income Taxes ( 13.38% ) – $2,008

Annual Take-Home Pay in Kentucky ( 86.62% ) – $12,993

Louisiana ( $13,424 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.23% ) – $185

FICA ( 7.65% ) – $1,148

Total Louisiana Income Taxes ( 10.51% ) – $1,577

Annual Take-Home Pay in Louisiana ( 89.49% ) – $13,424

Maine ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Maine Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Maine ( 90.72% ) – $13,608

Maryland ( $13,347 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.74% ) – $261

FICA ( 7.65% ) – $1,148

Total Maryland Income Taxes ( 11.02% ) – $1,653

Annual Take-Home Pay in Maryland ( 88.98% ) – $13,347

Massachusetts ( $13,078 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 3.53% ) – $530

FICA ( 7.65% ) – $1,148

See Also  $16 an Hour is How Much a Year? (Before and After Taxes)

Total Massachusetts Income Taxes ( 12.81% ) – $1,922

Annual Take-Home Pay in Massachusetts ( 87.19% ) – $13,078

Michigan ( $13,179 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.86% ) – $429

FICA ( 7.65% ) – $1,148

Total Michigan Income Taxes ( 12.14% ) – $1,821

Annual Take-Home Pay in Michigan ( 87.86% ) – $13,179

Minnesota ( $13,476 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.88% ) – $132

FICA ( 7.65% ) – $1,148

Total Minnesota Income Taxes ( 10.16% ) – $1,524

Annual Take-Home Pay in Minnesota ( 89.84% ) – $13,476

Mississippi ( $13,480 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.85% ) – $128

FICA ( 7.65% ) – $1,148

Total Mississippi Income Taxes ( 10.13% ) – $1,520

Annual Take-Home Pay in Mississippi ( 89.87% ) – $13,480

Missouri ( $13,571 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.25% ) – $38

FICA ( 7.65% ) – $1,148

Total Missouri Income Taxes ( 9.53% ) – $1,430

Annual Take-Home Pay in Missouri ( 90.47% ) – $13,571

Montana ( $13,410 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.32% ) – $198

FICA ( 7.65% ) – $1,148

Total Montana Income Taxes ( 10.60% ) – $1,590

Annual Take-Home Pay in Montana ( 89.40% ) – $13,410

Nebraska ( $13,367 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.61% ) – $241

FICA ( 7.65% ) – $1,148

Total Nebraska Income Taxes ( 10.89% ) – $1,633

Annual Take-Home Pay in Nebraska ( 89.11% ) – $13,367

Nevada ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Nevada Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Nevada ( 90.72% ) – $13,608

New Hampshire ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total New Hampshire Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in New Hampshire ( 90.72% ) – $13,608

New Jersey ( $13,412 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.31% ) – $196

FICA ( 7.65% ) – $1,148

Total New Jersey Income Taxes ( 10.59% ) – $1,588

Annual Take-Home Pay in New Jersey ( 89.41% ) – $13,412

New Mexico ( $13,566 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.28% ) – $42

FICA ( 7.65% ) – $1,148

Total New Mexico Income Taxes ( 9.56% ) – $1,434

Annual Take-Home Pay in New Mexico ( 90.44% ) – $13,566

New York ( $13,328 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.87% ) – $280

FICA ( 7.65% ) – $1,148

Total New York Income Taxes ( 11.15% ) – $1,672

Annual Take-Home Pay in New York ( 88.85% ) – $13,328

Check Out This Annual Salary: $10,000 a Year

North Carolina ( $13,385 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.49% ) – $223

FICA ( 7.65% ) – $1,148

Total North Carolina Income Taxes ( 10.77% ) – $1,615

Annual Take-Home Pay in North Carolina ( 89.23% ) – $13,385

North Dakota ( $13,581 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.18% ) – $27

FICA ( 7.65% ) – $1,148

Total North Dakota Income Taxes ( 9.46% ) – $1,419

Annual Take-Home Pay in North Dakota ( 90.54% ) – $13,581

Ohio ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Ohio Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Ohio ( 90.72% ) – $13,608

Oklahoma ( $13,414 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 1.29% ) – $194

FICA ( 7.65% ) – $1,148

Total Oklahoma Income Taxes ( 10.57% ) – $1,586

Annual Take-Home Pay in Oklahoma ( 89.43% ) – $13,414

Oregon ( $12,798 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 5.40% ) – $810

FICA ( 7.65% ) – $1,148

Total Oregon Income Taxes ( 14.68% ) – $2,202

Annual Take-Home Pay in Oregon ( 85.32% ) – $12,798

Pennsylvania ( $13,148 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 3.07% ) – $461

FICA ( 7.65% ) – $1,148

Total Pennsylvania Income Taxes ( 12.35% ) – $1,853

Annual Take-Home Pay in Pennsylvania ( 87.65% ) – $13,148

Rhode Island ( $13,552 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.38% ) – $56

FICA ( 7.65% ) – $1,148

Total Rhode Island Income Taxes ( 9.66% ) – $1,448

Annual Take-Home Pay in Rhode Island ( 90.35% ) – $13,552

South Carolina ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total South Carolina Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in South Carolina ( 90.72% ) – $13,608

South Dakota ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total South Dakota Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in South Dakota ( 90.72% ) – $13,608

Tennessee ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Tennessee Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Tennessee ( 90.72% ) – $13,608

Texas ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Texas Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Texas ( 90.72% ) – $13,608

Utah ( $12,866 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 4.95% ) – $743

FICA ( 7.65% ) – $1,148

Total Utah Income Taxes ( 14.23% ) – $2,135

Annual Take-Home Pay in Utah ( 85.77% ) – $12,866

Vermont ( $13,461 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.98% ) – $147

FICA ( 7.65% ) – $1,148

Total Vermont Income Taxes ( 10.26% ) – $1,539

Annual Take-Home Pay in Vermont ( 89.74% ) – $13,461

Virginia ( $13,260 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.32% ) – $349

FICA ( 7.65% ) – $1,148

Total Virginia Income Taxes ( 11.60% ) – $1,741

Annual Take-Home Pay in Virginia ( 88.40% ) – $13,260

Washington ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Washington Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Washington ( 90.72% ) – $13,608

West Virginia ( $13,188 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 2.80% ) – $420

FICA ( 7.65% ) – $1,148

Total West Virginia Income Taxes ( 12.08% ) – $1,812

Annual Take-Home Pay in West Virginia ( 87.92% ) – $13,188

Wisconsin ( $13,469 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.93% ) – $140

FICA ( 7.65% ) – $1,148

Total Wisconsin Income Taxes ( 10.21% ) – $1,532

Annual Take-Home Pay in Wisconsin ( 89.79% ) – $13,469

Wyoming ( $13,608 )

Federal Income Tax ( 1.63% ) – $245

State Income Tax ( 0.00% ) – $0

FICA ( 7.65% ) – $1,148

Total Wyoming Income Taxes ( 9.28% ) – $1,392

Annual Take-Home Pay in Wyoming ( 90.72% ) – $13,608

Summary

Here is a quick recap on how you can figure out how much $15,000 a year is hourly, monthly, biweekly, weekly, and daily.

When finding out how much $15,000 a year is per hour, you take $15,000 and divide it by 40 hours and 52 weeks.

When calculating the monthly income for 15,000 dollars a year, you take 15,000 dollars and divide it by 40 hours and 4 weeks.

To find out how much $15,000 a year is biweekly, take $15,000 and divide it by 40 hours and 2 weeks.

For weekly, you take $15,000 and divide it by 40 hours. We divide it by 40 hours because 40 hours a week is considered full-time.

And lastly, to calculate how much $15,000 a year is daily, you take $15,000 and divide it by 8 hours. Eight hours is used in this calculation because that amount of time represents the standard workday.

If you enjoyed reading about how much $15,000 a year is, check out our other annual salary articles below!

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