Paycheck Math

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$8 an Hour Is How Much a Year?

At 40 hours a week, 52 weeks a year, $8 an hour is $16,640 a year before tax — about $1,387 a month and $320 a week. After estimated federal tax and FICA you keep roughly $15,202.

Per year
$16,640
Per month
$1,387
Per week
$320

The math

$8 × 40 hours × 52 weeks = $16,640. If your schedule is different, the total moves with you:

Hours per weekAnnualMonthlyWeekly
20 (part time)$8,320$693$160
37.5$15,600$1,300$300
40 (full time)$16,640$1,387$320
45$18,720$1,560$360
50$20,800$1,733$400

Most hourly jobs pay for actual hours worked, so a week off without pay removes roughly $320 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 $8, overtime pushes the year to $19,760.

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What $8 an hour looks like after tax

For a single filer with no dependents in California, $16,640 gross works out to about $15,202 take-home a year — $1,267 a month, or $7.31 for every hour worked. That is an effective rate of 8.6% across federal income tax, state income tax, Social Security and Medicare.

ItemAnnualMonthly
Gross pay$16,640$1,387
Federal income tax−$54−$5
State income tax−$111−$9
Social Security + Medicare−$1,273−$106
Take-home$15,202$1,267
State tax varies a lot. The same $16,640 is $15,313 in Texas and $14,975 in New York. Run your own state →

Is $8 an hour a good wage?

The median full-time annual wage in the United States is about $48,940. $16,640 sits below that line by $32,300, which is 34% of the median. On a 40-hour week the federal minimum wage of $7.25 brings in $15,080, so $8 is 1.1× the floor.

Your take-home pay

Nearby hourly rates

See the full hourly-to-salary table →