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$30 an hour is how much a year?

$30 an hour is $62,400 a year before taxes, if you work 40 hours a week for 52 weeks (2,080 hours). That works out to $5,200.00 a month or $2,400.00 every two weeks.

Time cardBefore tax

Rate
$30.00
Hours a week
40
Weeks a year
52
Daily 8 hours a day
$240.00
Weekly 40 hours
$1,200.00
Biweekly 26 paychecks
$2,400.00
Semi-monthly 24 paychecks
$2,600.00
Monthly 12 paychecks
$5,200.00
Yearly pay$62,400.00

$30.00 × 40 hours × 52 weeks = $62,400.00

How the math works

$30.00 × 40 hours = $1,200.00 a week, and $1,200.00 × 52 weeks = $62,400.00 a year. Monthly pay is the yearly total ÷ 12, so $5,200.00; a month averages 4.33 weeks, not 4. Biweekly pay is the yearly total ÷ 26 = $2,400.00. Amounts are rounded to the nearest cent.

$30 an hour at different weekly hours

Hours a weekWeeklyMonthlyYearly
20$600.00$2,600.00$31,200.00
30$900.00$3,900.00$46,800.00
35$1,050.00$4,550.00$54,600.00
40$1,200.00$5,200.00$62,400.00
45 (5 at 1.5×)$1,425.00$6,175.00$74,100.00

The 45-hour row pays the 5 hours over 40 at time and a half ($45.00 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), $30 an hour comes to $60,000 a year.

Compared with the federal minimum wage

$30 an hour is $22.75 more than the federal minimum wage of $7.25, or 4.14 times as much. Full time, the federal minimum comes to $15,080 a year, so $30 an hour earns $47,320 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

Use your own hours

Work a different schedule? Put $30 into the hourly to salary calculator with your hours and weeks. Working past 40 hours? The overtime calculator shows a week at $45.00 an hour for the extra time.

Going the other way? See $60,000 a year as an hourly rate.