How the number is calculated
$13 × 40 hours × 52 weeks = $27,040
A full-time US job is usually counted as 40 hours a week and 52 weeks a year, or 2,080 paid hours. Multiplying $13 by 2,080 gives the gross yearly pay. If your two weeks of vacation are unpaid, use 50 weeks instead: $26,000 a year.
$13 an hour at different schedules
| Hours a week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 hours | $260.00 | $1,126.67 | $13,520 |
| 25 hours | $325.00 | $1,408.33 | $16,900 |
| 30 hours | $390.00 | $1,690.00 | $20,280 |
| 32 hours | $416.00 | $1,802.67 | $21,632 |
| 35 hours | $455.00 | $1,971.67 | $23,660 |
| 37.5 hours | $487.50 | $2,112.50 | $25,350 |
| 40 hours | $520.00 | $2,253.33 | $27,040 |
| 45 hours | $585.00 | $2,535.00 | $30,420 |
| 50 hours | $650.00 | $2,816.67 | $33,800 |
Overtime at $13 an hour
Under the federal Fair Labor Standards Act, non-exempt employees earn at least 1.5 times their regular rate for hours over 40 in a workweek. At $13 an hour, that is $19.50 per overtime hour. Five overtime hours a week add $97.50 a week, or about $5,070 a year.
A 50/30/20 budget on $13 an hour
The 50/30/20 rule splits take-home pay into needs, wants and savings. Taxes depend on your state, filing status and benefits, so the split below uses gross pay of $2,253 a month as a starting point. Use the 50/30/20 budget calculator with your actual take-home pay.
| Category | Share | Monthly (gross) |
|---|---|---|
| Needs | 50% | $1,127 |
| Wants | 30% | $676 |
| Savings and debt | 20% | $451 |
$13 an hour is 1.8 times the federal minimum wage of $7.25. Many states and cities set a higher minimum, so check your state labor department for the local rate.
Want a different rate or schedule? Try the salary to hourly calculator.