Paycheck Math

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$18 an Hour Is How Much a Year?

At 40 hours a week, 52 weeks a year, $18 an hour is $37,440 a year before tax — about $3,120 a month and $720 a week. After estimated federal tax and FICA you keep roughly $31,623.

Per year
$37,440
Per month
$3,120
Per week
$720

The math

$18 × 40 hours × 52 weeks = $37,440. If your schedule is different, the total moves with you:

Hours per weekAnnualMonthlyWeekly
20 (part time)$18,720$1,560$360
37.5$35,100$2,925$675
40 (full time)$37,440$3,120$720
45$42,120$3,510$810
50$46,800$3,900$900

Most hourly jobs pay for actual hours worked, so a week off without pay removes roughly $720 from your year. Federal law (FLSA) requires 1.5× pay for hours over 40 in a workweek for most non-exempt employees; if you regularly work 45 hours at $18, overtime pushes the year to $44,460.

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What $18 an hour looks like after tax

For a single filer with no dependents in California, $37,440 gross works out to about $31,623 take-home a year — $2,635 a month, or $15.20 for every hour worked. That is an effective rate of 15.5% across federal income tax, state income tax, Social Security and Medicare.

ItemAnnualMonthly
Gross pay$37,440$3,120
Federal income tax−$2,313−$193
State income tax−$640−$53
Social Security + Medicare−$2,864−$239
Take-home$31,623$2,635
State tax varies a lot. The same $37,440 is $32,263 in Texas and $30,838 in New York. Run your own state →

Is $18 an hour a good wage?

The median full-time annual wage in the United States is about $48,940. $37,440 sits below that line by $11,500, which is 77% of the median. On a 40-hour week the federal minimum wage of $7.25 brings in $15,080, so $18 is 2.5× the floor.

Your take-home pay

Nearby hourly rates

See the full hourly-to-salary table →