$20 an Hour is $41,600 a Year

$20 per hour equals $41,600 per year based on a standard 40-hour work week and 52 weeks per year (2,080 hours annually).

Whether $20/hour ($41,600/year) is good depends on your location, industry, experience, and cost of living. This salary is 70% of the US median annual wage ($59,280), which is below median but may be sufficient in lower cost-of-living areas.

After federal, state, and FICA taxes (approximately 25% average), $20/hour equals roughly $31,200/year take-home pay, or about $15/hour. Your actual take-home depends on your tax bracket, deductions, and state.

$20 per hour equals approximately $3,467 per month before taxes ($41,600 annual salary ÷ 12 months).

Office administrator, retail manager, skilled trades apprentice, certified nursing assistant, sales associate, and similar positions often pay in this range.