$42 an hour is how much a year?
$42 an hour is $87,360 a year before taxes, if you work 40 hours a week for 52 weeks (2,080 hours). That works out to $7,280.00 a month or $3,360.00 every two weeks.
Time cardBefore tax
- Rate
- $42.00
- Hours a week
- 40
- Weeks a year
- 52
- Daily 8 hours a day
- $336.00
- Weekly 40 hours
- $1,680.00
- Biweekly 26 paychecks
- $3,360.00
- Semi-monthly 24 paychecks
- $3,640.00
- Monthly 12 paychecks
- $7,280.00
$42.00 × 40 hours × 52 weeks = $87,360.00
How the math works
$42.00 × 40 hours = $1,680.00 a week, and $1,680.00 × 52 weeks = $87,360.00 a year. Monthly pay is the yearly total ÷ 12, so $7,280.00; a month averages 4.33 weeks, not 4. Biweekly pay is the yearly total ÷ 26 = $3,360.00. Amounts are rounded to the nearest cent.
$42 an hour at different weekly hours
| Hours a week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 | $840.00 | $3,640.00 | $43,680.00 |
| 30 | $1,260.00 | $5,460.00 | $65,520.00 |
| 35 | $1,470.00 | $6,370.00 | $76,440.00 |
| 40 | $1,680.00 | $7,280.00 | $87,360.00 |
| 45 (5 at 1.5×) | $1,995.00 | $8,645.00 | $103,740.00 |
The 45-hour row pays the 5 hours over 40 at time and a half ($63.00 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), $42 an hour comes to $84,000 a year.
Compared with the federal minimum wage
$42 an hour is $34.75 more than the federal minimum wage of $7.25, or 5.79 times as much. Full time, the federal minimum comes to $15,080 a year, so $42 an hour earns $72,280 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
- $39 an hour$81,120 a year
- $40 an hour$83,200 a year
- $41 an hour$85,280 a year
- $43 an hour$89,440 a year
- $44 an hour$91,520 a year
- $45 an hour$93,600 a year
Use your own hours
Work a different schedule? Put $42 into the hourly to salary calculator with your hours and weeks. Working past 40 hours? The overtime calculator shows a week at $63.00 an hour for the extra time.
Going the other way? See $85,000 a year as an hourly rate.