$8 an Hour Is How Much a Year?
$8 an hour is $16,640 a year working 40 hours per week, 52 weeks per year.
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$8 an Hour in Every Pay Period
| Hourly | $8.00 |
|---|---|
| Daily (8 hrs) | $64 |
| Weekly | $320 |
| Bi-weekly | $640 |
| Semi-monthly | $693 |
| Monthly | $1,387 |
| Annual | $16,640 |
Want your take-home after taxes? Try the take-home pay calculator.
What $8 an Hour Means
A $8 hourly wage — eight dollars an hour — adds up to $16,640 a year on a standard full-time schedule of 40 hours a week across 52 weeks (2,080 hours total). That is about 28% of the typical U.S. full-time wage of roughly $60,000, and about 1.1× the federal minimum wage of $7.25 an hour.
If you don’t work full time, $8 an hour comes to about $12,480 a year at 30 hours a week, or $8,320 a year at 20 hours. Overtime is usually paid at 1.5×, which is $12.00 an hour.
Hourly Rates Near $8
| Hourly | Per year (full-time) |
|---|---|
| $7/hr | $14,560 |
| $8/hr | $16,640 |
| $9/hr | $18,720 |
Budgeting a $8/Hour Take-Home
In a state with no income tax, $8 an hour leaves about $1,276 a month after federal and FICA taxes (your take-home is a little lower in states that tax income). Split with the common 50/30/20 rule, that is roughly $638 for needs, $383 for wants and $255 for savings or debt each month — with affordable rent (the 30%-of-take-home guideline) around $383 a month.
| Monthly budget (50/30/20) | Amount |
|---|---|
| Needs (50%) | $638 |
| Wants (30%) | $383 |
| Savings / debt (20%) | $255 |
A no-state-tax baseline; your exact take-home depends on your state and deductions. Check the take-home pay calculator.
Frequently Asked Questions
Is $8 an hour a good wage?
At $8 per hour you earn about $16,640 per year before taxes (40 hours a week, 52 weeks). That is roughly 28% of the typical U.S. full-time wage of about $60,000, and about 1.1× the federal minimum wage of $7.25.
How much is $8 an hour after taxes?
Take-home pay depends on your state and filing status. On $16,640 a year, most single filers keep roughly 75–85% after federal, state and FICA taxes. Use our take-home pay calculator for an exact figure.
How much is $8 an hour per month and per week?
$8 an hour is about $1,387 per month, $640 every two weeks and $320 per week before taxes.
How much is $8 an hour part-time?
Working 30 hours a week, $8 an hour is about $12,480 a year; at 20 hours a week it is about $8,320 a year.