How the number is calculated
$17 × 40 hours × 52 weeks = $35,360
A full-time US job is usually counted as 40 hours a week and 52 weeks a year, or 2,080 paid hours. Multiplying $17 by 2,080 gives the gross yearly pay. If your two weeks of vacation are unpaid, use 50 weeks instead: $34,000 a year.
$17 an hour at different schedules
| Hours a week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 hours | $340.00 | $1,473.33 | $17,680 |
| 25 hours | $425.00 | $1,841.67 | $22,100 |
| 30 hours | $510.00 | $2,210.00 | $26,520 |
| 32 hours | $544.00 | $2,357.33 | $28,288 |
| 35 hours | $595.00 | $2,578.33 | $30,940 |
| 37.5 hours | $637.50 | $2,762.50 | $33,150 |
| 40 hours | $680.00 | $2,946.67 | $35,360 |
| 45 hours | $765.00 | $3,315.00 | $39,780 |
| 50 hours | $850.00 | $3,683.33 | $44,200 |
Overtime at $17 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 $17 an hour, that is $25.50 per overtime hour. Five overtime hours a week add $127.50 a week, or about $6,630 a year.
A 50/30/20 budget on $17 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 $2,947 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% | $1,473 |
| Wants | 30% | $884 |
| Savings and debt | 20% | $589 |
$17 an hour is 2.3 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.