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$30 an Hour Is How Much a Year?

$30 an hour is $62,400 per year working full-time (40 hrs/week, 52 weeks).

Period$30/hr (full-time)
Annual$62,400
Monthly$5,200.00
Bi-weekly$2,400.00
Weekly$1,200.00
Daily (8 hrs)$240.00

Reviewed for accuracy June 2026 by Gary S.

Annual salary

$62,400

Monthly

$5,200.00

Bi-weekly

$2,400.00

Weekly

$1,200.00

Annual salary
$62,400.00
Monthly
$5,200.00
Bi-weekly
$2,400.00
Weekly
$1,200.00
Daily (8 hrs)
$240.00

$30.00/hr → $62,400/year — near US median individual income

At $30.00/hr, annual income of $62,400 is near the US median individual income (~$58k). Benefits, retirement contributions, and equity compensation are important additions to compare alongside the base rate.

  • $30.00/hr × 40 hrs/week × 52 weeks = $62,400/year ($5,200/month)
  • Each $1/hr raise adds $2,080 to annual income — a 3.3% increase
See your exact take-home pay with the Paycheck Calculator

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Is $30 an hour a good wage?

Above US median — solid middle income

$30/hr comes to $62,400 a year ($5,200/month) at full-time hours — roughly 4.1× the $7.25 federal minimum wage. That is about 108% of the ~$58,000 US median individual income, comfortably above the median and enough to make steady retirement contributions, debt payoff, and investing realistic for most single earners. Employer benefits — health insurance, a 401(k) match, paid time off — commonly add $8,000–$15,000 of annual value on top of this $62,400.

What jobs pay $30 an hour?

Occupations with a national median wage near $30/hr include carpenters, paralegals and legal assistants, electricians, plumbers and pipefitters, among others. The table below lists roles whose typical pay lands closest to $30 an hour, with the approximate full-time annual equivalent for each.

OccupationApprox. median hourlyApprox. annual (full-time)
Carpenters$27.00$56,160
Paralegals and legal assistants$29.00$60,320
Electricians$30.00$62,400
Plumbers and pipefitters$30.00$62,400
Physical therapist assistants$31.00$64,480
Executive assistants$32.00$66,560
Elementary school teachers$32.00$66,560

Approximate national median hourly wages (BLS Occupational Employment and Wage Statistics, May 2024), rounded. Actual pay varies by state, employer, and experience.

$30 an hour annual salary — full schedule

All figures assume the same $30/hr rate. Hours worked per week and weeks per year are the only variables.

PeriodFull-time (40 hrs)Part-time (30 hrs)Part-time (20 hrs)
Hourly$30.00$30.00$30.00
Daily (hrs worked)$240.00$180.00$120.00
Weekly$1,200.00$900.00$600.00
Bi-weekly$2,400.00$1,800.00$1,200.00
Semi-monthly$2,600.00$1,950.00$1,300.00
Monthly$5,200.00$3,900.00$2,600.00
Annual$62,400$46,800$31,200

Paid every two weeks? See the full $30/hr biweekly paycheck breakdown — gross and estimated take-home per paycheck across all 26 paychecks a year.

$30 an hour take-home pay after taxes (estimated)

Estimate for a single filer with no retirement contributions. Federal tax uses 2026 brackets with the $16,100 standard deduction. State tax assumes a 5% blended average — use the Paycheck Calculator for your exact state rate.

DeductionAnnual amountPer bi-weekly paycheck
Gross pay$62,400$2,400.00
Federal income tax$5,308.00$204.15
State income tax (~5%)$3,120.00$120.00
FICA (Social Security + Medicare 7.65%)$4,773.60$183.60
Estimated take-home$49,198$1,892.25

Illustrative estimate only. Does not include 401k, health insurance, or other deductions. Use the calculator above with your actual inputs for a personalised figure.

What your monthly budget looks like on $30 an hour

At $30/hr, your estimated monthly take-home after federal income tax, FICA (Social Security + Medicare), and a blended 5% state tax is approximately $4,099.87. That is the number your actual budget runs on — not the gross $5,200.00/month figure. The gap between gross and net widens as income rises, so using take-home as your planning baseline is essential for an accurate picture.

A common budgeting framework allocates 50% of take-home to needs, 30% to wants, and 20% to savings and debt repayment. On $4,099.87/month, that works out to roughly $2,049.93 for necessities, $1,229.96 for discretionary spending, and $819.97 earmarked for savings, investments, and extra debt payments. Housing is typically the largest single budget line — financial planners generally recommend keeping total housing costs (rent or mortgage + utilities) below 30% of gross income, which at this wage translates to a $1,560.00/month ceiling.

Budget categoryGuideline %Monthly estimate
Housing (rent or mortgage + utilities)30%$1,229.96
Groceries & food12%$491.98
Transportation (car + gas + insurance)10%$409.99
Health insurance & medical6%$245.99
Savings & retirement contributions15%$614.98
Entertainment & personal12%$491.98
Buffer (irregular expenses, debt payoff)15%$614.98

Estimated take-home: $4,099.87/month. Adjust percentages to your actual expenses — these are guidelines, not rules.

How to grow your income beyond $30 an hour

Most hourly workers increase their pay through one or more of four levers: negotiating with their current employer, moving to a better-paying employer or industry, gaining credentials that unlock higher-rate roles, or adding parallel income streams. The right path depends on your field, tenure, and time horizon — but each lever has a well-defined playbook.

Negotiate your current rate

Annual performance reviews often yield 3–5% raises. The median job-switch bump is 10–20%. If you have gone more than 12 months without a raise, preparing a short list of accomplishments and relevant Bureau of Labor Statistics (BLS) wage data for your occupation before the conversation typically produces better outcomes. Every $1/hr increase at this base rate equals $2,080 more per year before taxes.

Add a marketable certification

Industry credentials — trade licenses, AWS/Google cloud certs, CompTIA, PMI, healthcare certifications — can increase hourly rates by $5–25/hr in many fields by qualifying you for roles that specifically require them. Community colleges and platforms such as Coursera, LinkedIn Learning, and Khan Academy offer low-cost or free pathways to many credentials that employers actively seek.

Leverage overtime and premium shifts

Under federal overtime rules (FLSA), non-exempt workers earn 1.5× their regular rate for hours above 40 per week. Working just 5 overtime hours per week at this rate adds approximately $11,700 per year in additional gross pay. Weekend, overnight, and holiday differentials (often 10–25% premiums) provide similar income boosts without requiring a job change.

Build a parallel income stream

A side income that earns $5,000–$10,000/year alongside this wage materially changes your savings rate and financial trajectory. Freelance projects, gig work, tutoring, or a small service business are common starting points. Note that self-employment income carries a 15.3% SE tax on the first $184,500 (the 2026 Social Security wage base) — budget roughly 25–30% of that side income for taxes to avoid a surprise at filing time.

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$30 an hour — frequently asked questions

$30 an hour is how much a year?

$30 an hour is $62,400 per year working full-time (40 hours per week, 52 weeks per year — 2,080 total hours). Monthly that is $5,200.00, bi-weekly $2,400.00, and weekly $1,200.00.

How much is $30 an hour per month?

$30 an hour equals $5,200.00 per month based on full-time hours (2,080 hours per year ÷ 12 months). If paid semi-monthly (24 paychecks per year), each paycheck would be $2,600.00.

Is $30 an hour a good wage in 2026?

$30/hr comes to $62,400 a year ($5,200/month) at full-time hours — roughly 4.1× the $7.25 federal minimum wage. That is about 108% of the ~$58,000 US median individual income, comfortably above the median and enough to make steady retirement contributions, debt payoff, and investing realistic for most single earners. Employer benefits — health insurance, a 401(k) match, paid time off — commonly add $8,000–$15,000 of annual value on top of this $62,400.

How much is $30 an hour after taxes?

For a single filer with no additional deductions, $30/hr ($62,400/year) results in an estimated take-home of approximately $49,198/year — roughly $1,892.25 per bi-weekly paycheck. This estimate applies 2026 federal brackets, FICA (7.65%), and an assumed 5% state income tax. Actual take-home varies by filing status, state, and deductions.

How many work hours a year is a $62,400 salary?

A $62,400 annual salary at $30/hr is based on 2,080 hours per year (40 hours/week × 52 weeks). If you work fewer weeks — for example, 50 weeks with 2 weeks of unpaid time off — the calculation becomes $30 × 40 × 50 = $60,000/year.

What jobs pay $30 an hour?

Occupations with a national median wage near $30/hr include carpenters, paralegals and legal assistants, electricians, plumbers and pipefitters, among others. Pay varies by state, employer, and experience, so treat these as typical rather than exact — figures are approximate BLS median wages.