What Salary Equals $20.50/Hour?
If you make $20.50 an hour, how much do you make per year?Hourly Wage
$
Hours per Week
Weeks per Year
If you work 40 hours a week, 50 weeks a year:
$20.50 per hour =
$41,000 per year
($820 per week)
Click here for the opposite calculation
20.50 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 $20.50 hourly wage is about $41,000 per year, or $3,417 a month.
Is $20.50 an hour good pay?
It's a little below average. We estimate that only 44% of workers in the United States earn less than $20.50/hour.
Median Hourly Wage by Profession - United States
May 2022 data. Source
| Profession | Wage |
|---|---|
| Doctors (General Practice) | $103.11 |
| Dentists | $76.70 |
| Lawyers | $65.26 |
| Pharmacists | $63.82 |
| Air Traffic Controllers | $63.58 |
| Physician Assistants | $60.58 |
| Software Developers | $54.90 |
| Actuaries | $54.80 |
| Mathematicians | $53.90 |
| Veterinarians | $49.64 |
| Civil Engineers | $43.24 |
| Psychologists | $41.02 |
| Registered Nurses | $39.05 |
| Accountants | $37.50 |
| Police Officers | $31.64 |
| Flight Attendants | $30.65 |
| High School Teachers | $29.98 |
| Electricians | $28.96 |
| Plumbers | $28.89 |
| Insurance Agents | $27.82 |
| Head Chefs | $27.17 |
| Clergy | $26.71 |
| Mail Carriers | $26.08 |
| Profession | Wage |
|---|---|
| Real Estate Agents | $25.01 |
| Firefighters | $24.85 |
| Undertakers | $24.79 |
| Carpenters | $24.71 |
| Librarians | $24.63 |
| Bus Drivers | $24.47 |
| Prison Guards | $23.85 |
| Machinists | $23.32 |
| All Occupations | $22.26 |
| Secretaries | $21.19 |
| Models | $20.74 |
| Construction Laborers | $19.59 |
| Photographers | $19.31 |
| Preschool Teachers | $17.79 |
| Bank Tellers | $17.49 |
| Butchers | $17.25 |
| Security Guards | $16.71 |
| Barbers and Hairdressers | $16.06 |
| Cooks | $14.86 |
| Taxi Drivers | $14.75 |
| Nannies | $13.71 |
| Cashiers | $13.58 |
| Fast Food Workers | $13.43 |
Median Hourly Wage by U.S. State
May 2022 data. Source
| State | Rank | Wage |
|---|---|---|
| Alabama | 47 | $18.50 |
| Alaska | 4 | $25.00 |
| Arizona | 25 | $21.77 |
| Arkansas | 49 | $17.92 |
| California | 9 | $23.91 |
| Colorado | 8 | $24.16 |
| Connecticut | 5 | $24.90 |
| Delaware | 19 | $22.67 |
| Florida | 37 | $19.62 |
| Georgia | 31 | $20.62 |
| Hawaii | 12 | $23.35 |
| Idaho | 40 | $19.26 |
| Illinois | 16 | $22.83 |
| Indiana | 34 | $20.24 |
| Iowa | 28 | $21.32 |
| Kansas | 35 | $20.13 |
| Kentucky | 39 | $19.32 |
| Louisiana | 45 | $18.74 |
| Maine | 24 | $21.84 |
| Maryland | 6 | $24.72 |
| Massachusetts | 1 | $28.10 |
| Michigan | 22 | $21.88 |
| Minnesota | 11 | $23.44 |
| Mississippi | 50 | $17.36 |
| Missouri | 32 | $20.34 |
| State | Rank | Wage |
|---|---|---|
| Montana | 33 | $20.29 |
| Nebraska | 29 | $21.20 |
| Nevada | 38 | $19.62 |
| New Hampshire | 14 | $23.04 |
| New Jersey | 7 | $24.56 |
| New Mexico | 42 | $19.19 |
| New York | 3 | $25.23 |
| North Carolina | 36 | $20.10 |
| North Dakota | 17 | $22.79 |
| Ohio | 26 | $21.52 |
| Oklahoma | 44 | $18.80 |
| Oregon | 15 | $22.97 |
| Pennsylvania | 20 | $22.02 |
| Rhode Island | 10 | $23.73 |
| South Carolina | 46 | $18.69 |
| South Dakota | 43 | $19.17 |
| Tennessee | 41 | $19.20 |
| Texas | 30 | $20.90 |
| Utah | 27 | $21.38 |
| Vermont | 18 | $22.75 |
| Virginia | 13 | $23.22 |
| Washington | 2 | $27.08 |
| West Virginia | 48 | $18.16 |
| Wisconsin | 21 | $21.95 |
| Wyoming | 23 | $21.85 |
$20.50 / hr - Inflation Adjusted
| Year | Wage |
|---|---|
| 2022 | $19.26 |
| 2021 | $17.99 |
| 2020 | $17.75 |
| 2019 | $17.35 |
| 2018 | $17.03 |
| 2017 | $16.68 |
| 2016 | $16.34 |
| 2015 | $16.22 |
| 2014 | $16.10 |
| 2013 | $15.86 |
| 2012 | $15.59 |
| 2011 | $15.14 |
| 2010 | $14.92 |
| 2009 | $14.52 |
| 2008 | $14.51 |
| 2007 | $13.94 |
| 2006 | $13.59 |
| 2005 | $13.14 |
| 2004 | $12.73 |
| 2003 | $12.49 |
| 2002 | $12.20 |
| 2001 | $12.02 |
| 2000 | $11.62 |
| 1999 | $11.32 |
| 1998 | $11.14 |
| 1997 | $10.95 |
| 1996 | $10.60 |
| 1995 | $10.34 |
| 1994 | $10.07 |
| 1993 | $9.80 |
| 1992 | $9.52 |
| 1991 | $9.24 |
| 1990 | $8.71 |
| 1989 | $8.32 |
| 1988 | $7.97 |
| 1987 | $7.63 |
| 1986 | $7.55 |
| Year | Wage |
|---|---|
| 1985 | $7.27 |
| 1984 | $7.00 |
| 1983 | $6.74 |
| 1982 | $6.49 |
| 1981 | $5.96 |
| 1980 | $5.30 |
| 1979 | $4.68 |
| 1978 | $4.29 |
| 1977 | $4.02 |
| 1976 | $3.83 |
| 1975 | $3.58 |
| 1974 | $3.19 |
| 1973 | $2.94 |
| 1972 | $2.84 |
| 1971 | $2.75 |
| 1970 | $2.60 |
| 1969 | $2.45 |
| 1968 | $2.34 |
| 1967 | $2.27 |
| 1966 | $2.20 |
| 1965 | $2.16 |
| 1964 | $2.13 |
| 1963 | $2.10 |
| 1962 | $2.07 |
| 1961 | $2.06 |
| 1960 | $2.03 |
| 1959 | $2.00 |
| 1958 | $1.96 |
| 1957 | $1.91 |
| 1956 | $1.85 |
| 1955 | $1.84 |
| 1954 | $1.86 |
| 1953 | $1.84 |
| 1952 | $1.83 |
| 1951 | $1.73 |
| 1950 | $1.63 |
| 1949 | $1.66 |
| Year | Wage |
|---|---|
| 1948 | $1.62 |
| 1947 | $1.49 |
| 1946 | $1.26 |
| 1945 | $1.23 |
| 1944 | $1.20 |
| 1943 | $1.17 |
| 1942 | $1.07 |
| 1941 | $0.97 |
| 1940 | $0.97 |
| 1939 | $0.97 |
| 1938 | $0.99 |
| 1937 | $0.97 |
| 1936 | $0.95 |
| 1935 | $0.93 |
| 1934 | $0.91 |
| 1933 | $0.90 |
| 1932 | $1.01 |
| 1931 | $1.11 |
| 1930 | $1.19 |
| 1929 | $1.18 |
| 1928 | $1.19 |
| 1927 | $1.22 |
| 1926 | $1.24 |
| 1925 | $1.19 |
| 1924 | $1.19 |
| 1923 | $1.17 |
| 1922 | $1.19 |
| 1921 | $1.34 |
| 1920 | $1.31 |
| 1919 | $1.14 |
| 1918 | $0.95 |
| 1917 | $0.80 |
| 1916 | $0.71 |
| 1915 | $0.70 |
| 1914 | $0.69 |