Paycheck Math

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$30 an Hour Is How Much a Year?

At 40 hours a week, 52 weeks a year, $30 an hour is $62,400 a year before tax — about $5,200 a month and $1,200 a week. After estimated federal tax and FICA you keep roughly $50,372.

Per year
$62,400
Per month
$5,200
Per week
$1,200

The math

$30 × 40 hours × 52 weeks = $62,400. If your schedule is different, the total moves with you:

Hours per weekAnnualMonthlyWeekly
20 (part time)$31,200$2,600$600
37.5$58,500$4,875$1,125
40 (full time)$62,400$5,200$1,200
45$70,200$5,850$1,350
50$78,000$6,500$1,500

Most hourly jobs pay for actual hours worked, so a week off without pay removes roughly $1,200 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 $30, overtime pushes the year to $74,100.

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What $30 an hour looks like after tax

For a single filer with no dependents in California, $62,400 gross works out to about $50,372 take-home a year — $4,198 a month, or $24.22 for every hour worked. That is an effective rate of 19.3% across federal income tax, state income tax, Social Security and Medicare.

ItemAnnualMonthly
Gross pay$62,400$5,200
Federal income tax−$5,308−$442
State income tax−$1,946−$162
Social Security + Medicare−$4,774−$398
Take-home$50,372$4,198
State tax varies a lot. The same $62,400 is $52,318 in Texas and $49,546 in New York. Run your own state →

Is $30 an hour a good wage?

The median full-time annual wage in the United States is about $48,940. $62,400 sits above that line by $13,460, which is 128% of the median. On a 40-hour week the federal minimum wage of $7.25 brings in $15,080, so $30 is 4.1× the floor.

Your take-home pay

Nearby hourly rates

See the full hourly-to-salary table →