So you found out you will make $12,000 a year from your new pay raise or job. But $12,000 a year is how much an hour?
Below you will find how much $12,000 is hourly, daily, weekly, biweekly, monthly, and even after taxes. There’s also an example budget you can use when making $12,000 a year.
To figure out how much $12,000 a year is as an hourly wage, divide $12,000 by 40 hours and 52 weeks. So if you were to work full-time, 40 hours a week, making $12,000 a year, you would earn $5.77 an hour.
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Comparison Table of $12,000 a Year (Before & After Taxes)
Here is a comparison table of the pretax and after-tax income of $12,000 a year:
| $12,000 a Year | Pretax Income | After-Tax Income |
|---|---|---|
| Yearly (52 Weeks) | $12,000 | $9,000 |
| Monthly (160 Hours) | $923.08 | $692.31 |
| Biweekly (80 Hours) | $461.54 | $346.15 |
| Weekly (40 Hours) | $230.77 | $173.08 |
| Daily (8 Hours) | $46.15 | $34.62 |
| Hourly (1 Hour) | $5.77 | $4.33 |
$12,000 a Year is How Much an Hour?
If you make $12,000 a year, your hourly wage would be $5.77. This is calculated by dividing the $12,000 yearly salary by 2,080 total annual hours worked.
There are 52 weeks in the year, and if you work a full-time job, you will typically work 40 hours a week on average. So when you multiply these two numbers together (40 hours and 52 weeks), you will get an answer of 2,080 total annual hours.
Now you can take your yearly salary of $12,000 and divide it by 2,080 annual hours worked to get your hourly wage.
If you decide to take some time off work to, for example, go on a vacation, your total annual hours worked would be reduced. This may result in the hourly wage ($5.77) changing slightly.
Find Out: $11,000 a Year
$12,000 a Year is How Much an Hour After Taxes?
If you make $12,000 a year, you would take home $4.33 an hour after taxes. Your pre-tax hourly wage was $5.77. But after paying 25% in taxes, your after-tax hourly wage would be $4.33 a year.
The amount you pay in taxes depends on many different factors. But assuming a 25% to 30% tax rate is reasonable.
That means about a third to a fourth of your income will go to taxes at $12,000 a year. There are ways to minimize how much you pay in taxes. However, for the average person, assuming this amount as a tax rate can be expected.
12,000 Dollars a Year is How Much After Taxes?
Anyone making $12,000 a year will have an after-tax income of $9,000. This number is calculated by assuming you will pay around 25% of your income towards taxes.
When you’re earning 12,000 dollars annually, it is always a good idea to know your after-tax annual income and hourly wage.
That said, your estimated after-tax salary is $9,000, meaning a portion of your gross income will go towards taxes.
It’s important that you file your taxes correctly every year. This way, you don’t pay more than you have to.
If you don’t like to worry about whether or not you paid the correct amount in taxes on a 12,000 dollar salary, then you need to use TurboTax.
They have a maximum refund and 100% accuracy guarantee. So when you use TurboTax, you can rest assured your taxes will be filed correctly no matter your income.
$12,000 a Year is How Much a Month?
If you make $12,000 a year, you will make $923.08 a month before taxes, assuming you are working full-time. Each month after taxes, you will make approximately $692.31.
A full-time worker or employee works at least 40 hours a week. If you work either more or fewer hours, this amount will vary slightly.
For this calculation, we will use 160 hours (40 hours multiplied by 4 weeks in a month) to calculate the monthly income of $923.08.
Sometimes, if you work more than 40 hours a week, you might be eligible for overtime pay. Overtime pay is 1.5 times what you usually make. So you could end up making more than just $5.77 an hour.
Learn More: $10,000 a Year
$12,000 a Year is How Much Biweekly?
$12,000 a year is $461.54 biweekly before taxes and approximately $346.15 after taxes. Paying a tax rate of 25% and working full-time at 40 hours a week, you would earn $346.15 after taxes.
To calculate how much you make biweekly before taxes, you would multiply the hourly wage for $12,000 a year, $5.77 by 80 hours to get $461.54.
Most employers send out paychecks every two weeks. So you may hear people refer to their biweekly pay as their paycheck. That said, you could technically say you make $461.54 each paycheck before taxes and $346.15 after taxes.
Our Recommendation: Get paid up to two days early with direct deposit when you use Chime.
$12,000 a Year is How Much a Week?
If you make $12,000 a year, you will get paid $230.77 a week. This amount is calculated by assuming you work full-time for all four weeks of the month. If you multiply 40 hours by $5.77 an hour, you get $230.77, your weekly income.
See: $13,000 a Year
12,000 Dollars a Year is How Much a Day?
$12,000 a year is $46.15 per day before taxes. The standard workday is 8 hours. So by multiplying 8 hours by $5.77 an hour, you would earn $46.15 every day. After taxes, you would earn $34.62 a day.
Tools You Need to Live on $12,000 a Year
So you’re earning $12,000 a year but want to make the most of that money. Here are the best tools you need to start using when living on this amount of income.
CIT Bank
Now that virtually everything is done online so is banking. CIT Bank consistently ranks high as one of the most reliable and trustworthy banks.
When you open up a checking or savings account with them, you do not need to worry about any annoying fees. Start building your savings up the right way with CIT Bank.
TurboTax
Taxes can be quite complicated but they don’t have to be. This is especially true if your annual income is $12,000. TurboTax makes filing your taxes simple with their 100% accuracy and maximum refund guarantee.
Survey Junkie
Everyone enjoys earning some extra cash. Well, Survey Junkie makes it possible for you to actually get paid to share your opinions on products and services.
It is some of the easiest money you could ever make. If you’ve got some spare time, fill out one of their surveys and get paid.
Check out Survey Junkie today and start taking surveys to receive PayPal money and gift cards.
FreshBooks
If you’re making $12,000 a year and are a sole proprietor, business owner, or freelancer, you need to start using FreshBooks. They are an affordable accounting and invoicing software that makes sending invoices and tracking expenses simple.
They are perfect whether you’re a beginner or expert in your field and even offer a free trial. So what are you waiting for? Start saving time using FreshBooks today.
How To Budget $12,000 a Year
Creating a monthly budget for how much you need to spend, save, and invest is not as difficult as it seems. First, you will need to find your after-tax income. This is otherwise known as your take-home pay. Your take-home pay for $12,000 a year or $5.77 an hour is approximately $692.31 a month.
You then will need to split that $692.31 after-tax income into different categories. These categories represent your expenses, savings, and investments. If you make $12,000 a year, this is an example of what your monthly budget can look like:
| Category | Budget Amount | Percentage |
|---|---|---|
| Housing | $207.69 | 30% |
| Saving and Investing | $103.85 | 15% |
| Insurance | $103.85 | 15% |
| Food | $69.23 | 10% |
| Transportation | $69.23 | 10% |
| Entertainment and Recreation | $69.23 | 10% |
| Personal Expenses | $34.62 | 5% |
| Utilities | $34.62 | 5% |
| Total | $692.31 | 100% |
Is $12,000 a Year a Good Salary?
A $12,000 salary is considerably lower than the average salary in the United States. In America, the average annual salary is $53,490.
So if you make $12,000 a year, you are making $41,490 less than the average U.S. salary.
Look: $14,000 a Year
$12,000 a Year Salary After Taxes in 2022 (By State)
Here is your estimated $12,000 a year salary after taxes in 2022 for each state. Your after-tax income will change based on state taxes.
Alabama ( $10,722 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 3.00% ) – $360
FICA ( 7.65% ) – $918
Total Alabama Income Taxes ( 10.65% ) – $1,278
Annual Take-Home Pay in Alabama ( 89.35% ) – $10,722
Alaska ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Alaska Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Alaska ( 92.35% ) – $11,082
Arizona ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Arizona Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Arizona ( 92.35% ) – $11,082
Arkansas ( $10,974 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.90% ) – $108
FICA ( 7.65% ) – $918
Total Arkansas Income Taxes ( 8.55% ) – $1,026
Annual Take-Home Pay in Arkansas ( 91.45% ) – $10,974
California ( $11,010 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.60% ) – $72
FICA ( 7.65% ) – $918
Total California Income Taxes ( 8.25% ) – $990
Annual Take-Home Pay in California ( 91.75% ) – $11,010
Colorado ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Colorado Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Colorado ( 92.35% ) – $11,082
Connecticut ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Connecticut Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Connecticut ( 92.35% ) – $11,082
Delaware ( $10,870 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.77% ) – $212
FICA ( 7.65% ) – $918
Total Delaware Income Taxes ( 9.42% ) – $1,130
Annual Take-Home Pay in Delaware ( 90.58% ) – $10,870
Florida ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Florida Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Florida ( 92.35% ) – $11,082
Georgia ( $10,962 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.00% ) – $121
FICA ( 7.65% ) – $918
Total Georgia Income Taxes ( 8.65% ) – $1,039
Annual Take-Home Pay in Georgia ( 91.35% ) – $10,962
Hawaii ( $10,760 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 2.69% ) – $322
FICA ( 7.65% ) – $918
Total Hawaii Income Taxes ( 10.34% ) – $1,240
Annual Take-Home Pay in Hawaii ( 89.66% ) – $10,760
Idaho ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Idaho Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Idaho ( 92.35% ) – $11,082
Illinois ( $10,606 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 3.97% ) – $476
FICA ( 7.65% ) – $918
Total Illinois Income Taxes ( 11.62% ) – $1,394
Annual Take-Home Pay in Illinois ( 88.38% ) – $10,606
Indiana ( $10,727 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 2.96% ) – $355
FICA ( 7.65% ) – $918
Total Indiana Income Taxes ( 10.61% ) – $1,273
Annual Take-Home Pay in Indiana ( 89.39% ) – $10,727
Iowa ( $10,860 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.85% ) – $222
FICA ( 7.65% ) – $918
Total Iowa Income Taxes ( 9.50% ) – $1,140
Annual Take-Home Pay in Iowa ( 90.50% ) – $10,860
Kansas ( $10,873 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.74% ) – $209
FICA ( 7.65% ) – $918
Total Kansas Income Taxes ( 9.39% ) – $1,127
Annual Take-Home Pay in Kansas ( 90.61% ) – $10,873
More About Salaries: $15,000 a Year
Kentucky ( $10,617 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 3.88% ) – $466
FICA ( 7.65% ) – $918
Total Kentucky Income Taxes ( 11.53% ) – $1,384
Annual Take-Home Pay in Kentucky ( 88.47% ) – $10,617
Louisiana ( $10,952 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.08% ) – $130
FICA ( 7.65% ) – $918
Total Louisiana Income Taxes ( 8.73% ) – $1,048
Annual Take-Home Pay in Louisiana ( 91.27% ) – $10,952
Maine ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Maine Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Maine ( 92.35% ) – $11,082
Maryland ( $10,868 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.78% ) – $214
FICA ( 7.65% ) – $918
Total Maryland Income Taxes ( 9.43% ) – $1,132
Annual Take-Home Pay in Maryland ( 90.57% ) – $10,868
Massachusetts ( $10,702 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 3.17% ) – $380
FICA ( 7.65% ) – $918
Total Massachusetts Income Taxes ( 10.82% ) – $1,298
Annual Take-Home Pay in Massachusetts ( 89.18% ) – $10,702
Michigan ( $10,780 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 2.51% ) – $302
FICA ( 7.65% ) – $918
Total Michigan Income Taxes ( 10.16% ) – $1,220
Annual Take-Home Pay in Michigan ( 89.84% ) – $10,780
Minnesota ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Minnesota Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Minnesota ( 92.35% ) – $11,082
Mississippi ( $11,061 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.18% ) – $21
FICA ( 7.65% ) – $918
Total Mississippi Income Taxes ( 7.83% ) – $939
Annual Take-Home Pay in Mississippi ( 92.18% ) – $11,061
Missouri ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Missouri Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Missouri ( 92.35% ) – $11,082
Montana ( $10,957 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.04% ) – $125
FICA ( 7.65% ) – $918
Total Montana Income Taxes ( 8.69% ) – $1,043
Annual Take-Home Pay in Montana ( 91.31% ) – $10,957
Nebraska ( $10,946 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.13% ) – $136
FICA ( 7.65% ) – $918
Total Nebraska Income Taxes ( 8.78% ) – $1,054
Annual Take-Home Pay in Nebraska ( 91.22% ) – $10,946
Nevada ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Nevada Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Nevada ( 92.35% ) – $11,082
New Hampshire ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total New Hampshire Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in New Hampshire ( 92.35% ) – $11,082
New Jersey ( $10,928 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.28% ) – $154
FICA ( 7.65% ) – $918
Total New Jersey Income Taxes ( 8.93% ) – $1,072
Annual Take-Home Pay in New Jersey ( 91.07% ) – $10,928
New Mexico ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total New Mexico Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in New Mexico ( 92.35% ) – $11,082
New York ( $10,922 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.33% ) – $160
FICA ( 7.65% ) – $918
Total New York Income Taxes ( 8.98% ) – $1,078
Annual Take-Home Pay in New York ( 91.02% ) – $10,922
Check Out This Annual Salary: $16,000 a Year
North Carolina ( $11,016 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.55% ) – $66
FICA ( 7.65% ) – $918
Total North Carolina Income Taxes ( 8.20% ) – $984
Annual Take-Home Pay in North Carolina ( 91.80% ) – $11,016
North Dakota ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total North Dakota Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in North Dakota ( 92.35% ) – $11,082
Ohio ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Ohio Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Ohio ( 92.35% ) – $11,082
Oklahoma ( $11,010 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.60% ) – $72
FICA ( 7.65% ) – $918
Total Oklahoma Income Taxes ( 8.25% ) – $990
Annual Take-Home Pay in Oklahoma ( 91.75% ) – $11,010
Oregon ( $10,513 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 4.74% ) – $569
FICA ( 7.65% ) – $918
Total Oregon Income Taxes ( 12.39% ) – $1,487
Annual Take-Home Pay in Oregon ( 87.61% ) – $10,513
Pennsylvania ( $10,714 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 3.07% ) – $368
FICA ( 7.65% ) – $918
Total Pennsylvania Income Taxes ( 10.72% ) – $1,286
Annual Take-Home Pay in Pennsylvania ( 89.28% ) – $10,714
Rhode Island ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Rhode Island Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Rhode Island ( 92.35% ) – $11,082
South Carolina ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total South Carolina Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in South Carolina ( 92.35% ) – $11,082
South Dakota ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total South Dakota Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in South Dakota ( 92.35% ) – $11,082
Tennessee ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Tennessee Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Tennessee ( 92.35% ) – $11,082
Texas ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Texas Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Texas ( 92.35% ) – $11,082
Utah ( $10,488 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 4.95% ) – $594
FICA ( 7.65% ) – $918
Total Utah Income Taxes ( 12.60% ) – $1,512
Annual Take-Home Pay in Utah ( 87.40% ) – $10,488
Vermont ( $11,035 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.39% ) – $47
FICA ( 7.65% ) – $918
Total Vermont Income Taxes ( 8.04% ) – $965
Annual Take-Home Pay in Vermont ( 91.96% ) – $11,035
Virginia ( $10,884 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 1.65% ) – $199
FICA ( 7.65% ) – $918
Total Virginia Income Taxes ( 9.30% ) – $1,117
Annual Take-Home Pay in Virginia ( 90.70% ) – $10,884
Washington ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Washington Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Washington ( 92.35% ) – $11,082
West Virginia ( $10,782 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 2.50% ) – $300
FICA ( 7.65% ) – $918
Total West Virginia Income Taxes ( 10.15% ) – $1,218
Annual Take-Home Pay in West Virginia ( 89.85% ) – $10,782
Wisconsin ( $11,050 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.27% ) – $32
FICA ( 7.65% ) – $918
Total Wisconsin Income Taxes ( 7.92% ) – $950
Annual Take-Home Pay in Wisconsin ( 92.08% ) – $11,050
Wyoming ( $11,082 )
Federal Income Tax ( 0.00% ) – $0
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $918
Total Wyoming Income Taxes ( 7.65% ) – $918
Annual Take-Home Pay in Wyoming ( 92.35% ) – $11,082
Summary
Here is a quick recap on how you can figure out how much $12,000 a year is hourly, monthly, biweekly, weekly, and daily.
When finding out how much $12,000 a year is per hour, you take $12,000 and divide it by 40 hours and 52 weeks.
When calculating the monthly income for 12,000 dollars a year, you take 12,000 dollars and divide it by 40 hours and 4 weeks.
To find out how much $12,000 a year is biweekly, take $12,000 and divide it by 40 hours and 2 weeks.
For weekly, you take $12,000 and divide it by 40 hours. We divide it by 40 hours because 40 hours a week is considered full-time.
And lastly, to calculate how much $12,000 a year is daily, you take $12,000 and divide it by 8 hours. Eight hours is used in this calculation because that amount of time represents the standard workday.
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