$30 an Hour is How Much a Year?

$62,400 per year before taxes, for full-time work at 40 hours per week, 52 weeks per year.

Monthly: $5,200Bi-weekly: $2,400Weekly: $1,200

Based on 2,080 hours per year (40 × 52). Last updated 2026-01-25.

$30 an hour equals $62,400 per year before taxes for full-time work (2,080 hours). The formula is: $30 × 40 hours × 52 weeks = $62,400. Use the calculator below to change hours per week, weeks per year, or add overtime. For take-home pay after federal and state taxes, use our Paycheck Calculator and enter $62,400 as annual income.

Calculate salary for $30 an hour

Try different hours or overtime
Pre-filled with $30/hr. Change hours per week, weeks per year, or add overtime to see updated annual salary.
Work Schedule
Include Overtime
Your Annual Earnings
Annual Salary
$62,400
Hourly
$30.00
Daily
$240
Weekly
$1,200
Bi-weekly
$2,400
Semi-monthly
$2,600
Monthly
$5,200
Quarterly
$15,600
Annual
$62,400
How You Compare
Federal Minimum$7.25/hr
Living Wage (avg)$17/hr
US Median Hourly$23/hr

$30 an hour — FAQ

Taxes, Withholding, and Take-Home Pay for $30/hr
How $62,400/year ($30/hr full-time) is taxed and what you actually take home

Your gross pay of $62,400 per year ($30/hour at 40 hrs/week) is taxed the same whether you are paid hourly or salary—the IRS and state tax agencies care about total income, not pay frequency. From your gross pay, typical withholdings include:

  • Federal income tax — Based on your tax bracket and filing status (single, married, etc.)
  • State income tax — Varies by state; some states have no income tax
  • Social Security tax — 6.2% on wages up to the annual wage base
  • Medicare tax — 1.45% on all wages (plus an additional 0.9% on high earners)

After these deductions, you get your net (take-home) pay. To see your exact take-home for $30/hr or $62,400 annual—including by state and pay frequency—use our US Paycheck Calculator. Enter $62,400 as annual salary (or $30 as hourly and 40 hrs/week). For bonus or side income, use our Bonus Tax Calculator; for FICA details, see our FICA Calculator.

Other rates: $X an hour is how much a year?

Quick links to the same calculator for other hourly wages:

Hourly to salary calculator — enter any hourly rate and see annual, monthly, bi-weekly, and weekly pay.

Related calculators