What Salary Equals $15.50/Hour?

Hourly Wage
$
Hours per Week
Weeks per Year
$15.50 per hour =
$31,000 per year
($620 per week)
Click here for the opposite calculation
15.50 dollars an hour is what per year?
It depends on how many hours you work, but assuming a 40 hour work week, and working 50 weeks a year, then a $15.50 hourly wage is about $31,000 per year, or $2,583 a month.
Is $15.50 an hour good pay?
No. We estimate that only 37% of workers in the United States earn less than $15.50/hour.
Median Hourly Wage by Profession - United States
May 2019 data. Source
Profession Wage
Doctors (General Practice) $97.00
Dentists $74.81
Pharmacists $61.58
Air Traffic Controllers $59.13
Lawyers $59.11
Physician Assistants $53.97
Actuaries $52.09
Mathematicians $50.50
Veterinarians $45.90
Civil Engineers $41.86
Computer Programmers $41.61
Psychologists $37.59
Registered Nurses $35.24
Accountants $34.40
Profession Wage
Police Officers $30.36
Librarians $29.58
Electricians $27.01
Clergy $26.53
Plumbers $26.52
Undertakers $26.04
Head Chefs $24.78
Mail Carriers $24.67
Insurance Agents $24.49
Firefighters $24.45
Real Estate Agents $23.53
Carpenters $23.24
Bus Drivers $22.03
Prison Guards $21.72
Profession Wage
Machinists $21.36
All Occupations $19.14
Secretaries $18.12
Construction Laborers $17.72
Photographers $17.44
Butchers $15.62
Bank Tellers $15.02
Preschool Teachers $14.67
Barbers $14.50
Security Guards $14.27
Models $13.63
Cooks $13.36
Nannies $11.65
Cashiers $11.37
Median Hourly Wage by U.S. State
May 2019 data. Source
State Rank Wage
Alabama 44 $16.73
Alaska 2 $23.34
Arizona 25 $18.46
Arkansas 49 $15.84
California 10 $21.24
Colorado 9 $21.28
Connecticut 3 $23.33
Delaware 20 $19.66
Florida 39 $17.23
Georgia 34 $17.75
Hawaii 8 $21.35
Idaho 43 $17.00
Illinois 18 $19.74
Indiana 33 $17.77
Iowa 28 $18.41
Kansas 32 $17.79
Kentucky 41 $17.09
State Rank Wage
Louisiana 47 $16.66
Maine 27 $18.45
Maryland 6 $22.10
Massachusetts 1 $24.14
Michigan 23 $18.60
Minnesota 12 $21.21
Mississippi 50 $15.00
Missouri 31 $17.88
Montana 36 $17.51
Nebraska 26 $18.46
Nevada 37 $17.51
New Hampshire 16 $19.95
New Jersey 7 $21.64
New Mexico 42 $17.03
New York 5 $22.44
North Carolina 35 $17.75
North Dakota 13 $20.44
State Rank Wage
Ohio 24 $18.54
Oklahoma 40 $17.18
Oregon 17 $19.83
Pennsylvania 21 $18.99
Rhode Island 11 $21.24
South Carolina 46 $16.68
South Dakota 45 $16.71
Tennessee 38 $17.26
Texas 29 $18.28
Utah 30 $18.23
Vermont 19 $19.68
Virginia 14 $20.30
Washington 4 $23.15
West Virginia 48 $16.31
Wisconsin 22 $18.79
Wyoming 15 $20.02
$16 / hr - Inflation Adjusted
Year Wage
2020 $15.29
2019 $14.95
2018 $14.67
2017 $14.37
2016 $14.07
2015 $13.97
2014 $13.87
2013 $13.66
2012 $13.43
2011 $13.04
2010 $12.85
2009 $12.51
2008 $12.50
2007 $12.01
2006 $11.71
2005 $11.32
2004 $10.97
2003 $10.76
2002 $10.51
2001 $10.35
2000 $10.02
1999 $9.75
1998 $9.60
1997 $9.44
1996 $9.13
1995 $8.91
1994 $8.68
Year Wage
1993 $8.44
1992 $8.21
1991 $7.96
1990 $7.50
1989 $7.17
1988 $6.87
1987 $6.58
1986 $6.50
1985 $6.27
1984 $6.03
1983 $5.81
1982 $5.59
1981 $5.14
1980 $4.56
1979 $4.03
1978 $3.70
1977 $3.46
1976 $3.30
1975 $3.09
1974 $2.75
1973 $2.53
1972 $2.45
1971 $2.37
1970 $2.24
1969 $2.11
1968 $2.02
1967 $1.96
Year Wage
1966 $1.89
1965 $1.86
1964 $1.84
1963 $1.81
1962 $1.79
1961 $1.77
1960 $1.75
1959 $1.72
1958 $1.69
1957 $1.64
1956 $1.59
1955 $1.59
1954 $1.60
1953 $1.59
1952 $1.58
1951 $1.49
1950 $1.40
1949 $1.43
1948 $1.39
1947 $1.28
1946 $1.08
1945 $1.06
1944 $1.04
1943 $1.01
1942 $0.92
1941 $0.84
1940 $0.83
Year Wage
1939 $0.83
1938 $0.86
1937 $0.83
1936 $0.82
1935 $0.80
1934 $0.79
1933 $0.78
1932 $0.87
1931 $0.96
1930 $1.02
1929 $1.02
1928 $1.03
1927 $1.05
1926 $1.07
1925 $1.03
1924 $1.03
1923 $1.01
1922 $1.03
1921 $1.15
1920 $1.12
1919 $0.98
1918 $0.82
1917 $0.69
1916 $0.61
1915 $0.60
1914 $0.60