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2025 Tax Year

$20 Per Hour Salary

Calculate your annual salary and take-home pay on $20 per hour.

Based on 40 hours per week

$41,600
Annual Salary
$35,464
Annual Take-Home
$2,955
Monthly Take-Home
$682
Weekly Take-Home

$20/Hour by Working Hours

Hours/WeekAnnual SalaryAnnual Take-HomeMonthlyWeekly
Part-time (20hrs)$20,800$18,629$1,552$358
Reduced (30hrs)$31,200$27,108$2,259$521
Standard (35hrs)$36,400$31,286$2,607$602
Full-time (40hrs)$41,600$35,464$2,955$682
Overtime (45hrs)$46,800$39,642$3,304$762

Customize Your Calculation

Enter Your Hourly Rate

Calculate your annual salary for 2025

$/hour

Use 52 for full year (typical US calculation)

Your Take-Home Pay

$20 x 40hrs x 52 weeks

$41,600
Annual Gross Salary
Monthly Take-Home
$2,955.34
Yearly Take-Home
$35,464
Federal Tax-$2,954/yr
State Tax-$0/yr
Social Security-$2,579/yr
Medicare-$603/yr
Total Deductions-$6,136/yr
Effective Hourly Rate
After all taxes
$17.05/hr

Frequently Asked Questions

How much is $20 per hour annually?

$20 per hour equals $41,600 per year (based on 40 hours per week, 52 weeks). After federal and state taxes, your take-home pay would be approximately $35,464 per year or $2,955 per month.

What is the take home pay on $20 an hour?

On $20/hour (40 hours/week), your take-home pay after federal tax, state tax, and FICA is approximately $35,464 per year, $2,955 per month, or $682 per week.

Is $20 per hour a good wage in the US?

$20/hour equates to an annual salary of $41,600. The federal minimum wage is $7.25/hour (many states have higher minimums, like $16.50 in California). The median US hourly wage is around $23-25/hour. $20/hour is around the US median.