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$24 an hour is $49,920 a year

That is the full-time figure: 40 hours a week, 52 weeks a year, 2080 hours — the same basis the Bureau of Labor Statistics uses when it converts hourly rates to annual ones. Gross, before tax and deductions.

Every pay period

PeriodGross pay
Hourly (40 hrs/week) $24.00
Daily (8 hrs) $192.00
Weekly $960
Biweekly (every 2 weeks) $1,920
Semi-monthly (twice a month) $2,080
Monthly $4,160
Annual $49,920

If you do not work 40 hours

Part-time and shift work rarely lands on exactly forty. At $24 an hour:

Hours per weekAnnualMonthly
40 hrs $49,920 $4,160
35 hrs $43,680 $3,640
30 hrs $37,440 $3,120
25 hrs $31,200 $2,600
20 hrs $24,960 $2,080

Who actually earns $24 an hour

These are the occupations whose national median sits within a dollar of $24 an hour. Median means half the people in that occupation earn more, half less — so this is the middle of the profession, not its entry rate or its ceiling.

OccupationMedian hourlyMedian annualEmployed
Maintenance and Repair Workers, General $23.84$49,590 1,529,700
Bookkeeping, Accounting, and Auditing Clerks $24.36$50,670 1,373,680
First-Line Supervisors of Retail Sales Workers $23.33$48,520 1,121,800
Automotive Service Technicians and Mechanics $24.34$50,620 704,640
Inspectors, Testers, Sorters, Samplers, and Weighers $23.35$48,570 597,370
Billing and Posting Clerks $23.32$48,500 404,060
Painters, Construction and Maintenance $23.75$49,400 225,190
Insurance Claims and Policy Processing Clerks $23.67$49,230 214,260
Dispatchers, Except Police, Fire, and Ambulance $24.20$50,340 202,810
Medical Records Specialists $24.59$51,140 194,720
Health Technologists and Technicians, All Other $24.18$50,290 182,610
Court, Municipal, and License Clerks $23.41$48,700 179,750

Where this sits nationally

$24 an hour is higher than the median wage in about 37% of the occupations the federal wage survey tracks. The median American worker earns $24.51 an hour ($50,980 a year), so $24 is 2% below that. This is close to the middle of the distribution.

What this figure does not include

Overtime, shift differentials, bonuses and employer benefits are excluded, and so is tax. Location matters more than most people expect: the same occupation can pay two or three times more in one metro than another, which is why every salary guide here breaks the figure down by metropolitan area rather than quoting one national number.

Nearby rates