$17 an Hour Is How Much a Year?
That is $2,946.67 a month, $1,360.00 every two weeks, $680.00 a week and $136.00 for an 8-hour day. $17 an hour is 2.3 times the federal minimum wage of $7.25 (DOL). This is close to a typical full-time hourly income in many U.S. regions; the difference between full-time and part-time schedules below is often larger than a $1 raise.
$17 an hour on different schedules
| Schedule | Per year | Per month | Biweekly | Per week |
|---|---|---|---|---|
| Full-time, 40 h/week, 52 weeks | $35,360.00 | $2,946.67 | $1,360.00 | $680.00 |
| Full-time, 40 h/week, 50 paid weeks | $34,000.00 | $2,833.33 | $1,360.00 | $680.00 |
| 37.5 h/week, 52 weeks | $33,150.00 | $2,762.50 | $1,275.00 | $637.50 |
| Part-time, 30 h/week | $26,520.00 | $2,210.00 | $1,020.00 | $510.00 |
| Part-time, 20 h/week | $17,680.00 | $1,473.33 | $680.00 | $340.00 |
Weekly pay with overtime at $17/hour
Hours over 40 in a week at time and a half ($25.50 per overtime hour):
| Hours worked | Weekly gross | If every week (×52) |
|---|---|---|
| 40 h | $680.00 | $35,360.00 |
| 42 h | $731.00 | $38,012.00 |
| 45 h | $807.50 | $41,990.00 |
| 50 h | $935.00 | $48,620.00 |
| 55 h | $1,062.50 | $55,250.00 |
| 60 h | $1,190.00 | $61,880.00 |
How $17/hour compares with nearby wages
| Hourly | Per year (2,080 h) | Difference vs $17 |
|---|---|---|
| $14/h | $29,120.00 | $-6,240.00 |
| $15/h | $31,200.00 | $-4,160.00 |
| $16/h | $33,280.00 | $-2,080.00 |
| $17/h | $35,360.00 | +$0.00 |
| $18/h | $37,440.00 | +$2,080.00 |
| $19/h | $39,520.00 | +$4,160.00 |
| $20/h | $41,600.00 | +$6,240.00 |
Each $1/hour raise is worth $2,080 a year for a full-time worker.
Housing benchmark
A household that spends more than 30% of its income on housing is considered "cost burdened" by HUD (HUD). At $17/hour full time, 30% of gross income is $884.00 a month.
How long to earn…
| Amount | Hours at $17/h | 8-hour days |
|---|---|---|
| $500.00 | 29.4 h | 3.7 days |
| $1,000.00 | 58.8 h | 7.4 days |
| $2,500.00 | 147.1 h | 18.4 days |
| $5,000.00 | 294.1 h | 36.8 days |
Try other numbers with the hourly to salary calculator. Nearby: $15/h $16/h $18/h $19/h $20/h
Gross pay before federal, state and local taxes, benefits and other deductions.