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$30 an Hour Is $62,400 a Year

If you make $30 per hour working full-time (40 hours/week, 52 weeks/year), your annual salary is $62,400 before taxes. After federal, state, and FICA taxes, you'll take home approximately $48,937 per year.

$30/Hour Salary Breakdown

Annual
$62,400
Monthly
$5,200
Weekly
$1,200
Biweekly
$2,400
Daily
$240
Take-Home
$48,937

Tax Breakdown on $62,400

Federal Tax -$5,569
State Tax (est. 5%) -$3,120
FICA (SS + Medicare) -$4,774
After-Tax Income $48,937/yr

Effective tax rate: 21.6%. Based on 2024 federal brackets, standard deduction, single filer. See your state's exact rate.

Budget on $30/Hour (50/30/20 Rule)

Based on monthly take-home of $4,078:

Needs (50%) $2,039/mo
Housing, groceries, transport, utilities
Wants (30%) $1,223/mo
Dining, entertainment, subscriptions
Savings (20%) $815/mo
Emergency fund, investments, goals
Create your detailed budget plan

Is $30 an Hour a Good Salary?

$30/hour ($62,400/year) is above the U.S. median. This is a solid middle-class income that supports independent living in most of the country.

At $30/hour full-time, your gross annual income of $62,400 breaks down to $5,200/month, $1,200/week, or $240/day before taxes. After all taxes, you'll take home about $4,078 per month.

Following the 30% rule for housing, your maximum recommended rent is $1,560/month. See what you can afford on this salary in our detailed budget breakdown.

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