$24 an hour is $49,920 a year before tax, working 40 hours a week for 52 weeks (2,080 hours). That's $4,160.00 a month, $1,920 every two weeks and $960 a week.
Change the hours or weeks in the Salary Converter
$24 an hour, by pay period
| Pay period | 40 hours a week | 30 hours a week |
|---|---|---|
| Year | $49,920 | $37,440 |
| Month | $4,160.00 | $3,120.00 |
| Two weeks | $1,920 | $1,440 |
| Week | $960 | $720 |
| Day (8 hours) | $192 | $144 |
With two weeks of unpaid time off, a full-time year at $24 an hour comes to $48,000 (2,000 hours). Paid holidays keep you at $49,920.
How $24 an hour compares
- It's 3.3 times the federal minimum wage of $7.25 an hour, or $34,840 more a year at full time. Many states and cities set a higher minimum.
- Production and nonsupervisory workers averaged $32.54 an hour in September 2026 (BLS), so $24 is 26% below that average.
- At the common 30% guideline, $24 an hour supports rent of about $1,248 a month.
Where $24 an hour ranks
$24 an hour is above the 25th percentile of U.S. hourly pay ($18.07) and below the median ($24.51), so roughly 50% of workers earn less.
All occupations, May 2025 (BLS Occupational Employment and Wage Statistics). BLS publishes set percentiles; the share in between is our estimate.
Jobs that pay about $24 an hour
The most common occupations whose national median pay rounds to $24 an hour (May 2025, the latest BLS survey):
- Insurance Claims and Policy Processing Clerks: $23.67 an hour, 214,000 jobs
- Painters, Construction and Maintenance: $23.75 an hour, 225,000 jobs
- Maintenance and Repair Workers, General: $23.84 an hour, 1.5 million jobs
- Automotive Service Technicians and Mechanics: $24.34 an hour, 705,000 jobs
- Bookkeeping, Accounting, and Auditing Clerks: $24.36 an hour, 1.4 million jobs
A median is the middle: half the people in that job earn more, half earn less. Pay also varies with state, experience and employer.
What $24 an hour matched in earlier years
To buy what $24 an hour buys in September 2026, you'd have needed:
Adjusted with the U.S. Consumer Price Index (CPI-U) from the Bureau of Labor Statistics.
Minutes of work for everyday prices
At $24 an hour, before tax, using U.S. average prices for September 2026:
- 5.7 minutes for a dozen eggs ($2.27)
- 11 minutes for a gallon of regular gas ($4.48)
- 10 minutes for a gallon of whole milk ($4.11)
What $49,920 a year buys abroad
Local prices change what a salary is worth. Spent in each country, $49,920 buys what this much would buy in the U.S. (World Bank purchasing power parity):
- United States: $49,920
- Mexico: $84,864
- Spain: $72,883
- Japan: $72,384
- Canada: $55,411
- United Kingdom: $53,914
The dashed line marks $49,920 spent in the U.S.
Compare every country in The Dollar Around the World
Sources
- BLS average prices and average hourly earnings (2026-11-03)
- U.S. Department of Labor: federal minimum wage history
- BLS Occupational Employment and Wage Statistics (May 2025 national estimates)
- BLS Consumer Price Index (CPI-U) and World Bank International Comparison Program, as used on our methodology page
General information, not financial advice. Pay before tax; your take-home pay depends on taxes and deductions (try the Paycheck Calculator).