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$12 an hour is how much a year?

$12 an hour is $24,960 a year before taxes, if you work 40 hours a week for 52 weeks (2,080 hours). That works out to $2,080.00 a month or $960.00 every two weeks.

How the math works

$12.00 × 40 hours = $480.00 a week, and $480.00 × 52 weeks = $24,960.00 a year. Monthly pay is the yearly total ÷ 12, so $2,080.00; a month averages 4.33 weeks, not 4. Biweekly pay is the yearly total ÷ 26 = $960.00. Amounts are rounded to the nearest cent.

$12 an hour at different weekly hours

The 45-hour row pays the 5 hours over 40 at time and a half ($18.00 an hour), the federal overtime rule for non-exempt employees. All rows assume 52 paid weeks. With two unpaid weeks off (50 weeks at 40 hours), $12 an hour comes to $24,000 a year.

Compared with the federal minimum wage

$12 an hour is $4.75 more than the federal minimum wage of $7.25, or 1.66 times as much. Full time, the federal minimum comes to $15,080 a year, so $12 an hour earns $9,880 more per year. Many states have their own minimum wage laws, and some require more than the federal rate, so check your state.

Source: U.S. Department of Labor, Minimum Wage.

Nearby hourly rates

• $9 an hour$18,720 a year
• $10 an hour$20,800 a year
• $11 an hour$22,880 a year
• $13 an hour$27,040 a year
• $14 an hour$29,120 a year
• $15 an hour$31,200 a year

Use your own hours

Work a different schedule? Put $12 into the hourly to salary calculator with your hours and weeks. Working past 40 hours? The overtime calculator shows a week at $18.00 an hour for the extra time.

Going the other way? See $25,000 a year as an hourly rate.