
So you will make $21 an hour from your new promotion or job. But $21 an hour is how much a year? Below you will find how much $21 an hour is annually, monthly, weekly, daily, and even after taxes. There’s also an example budget you can use when making $21 an hour.
To find out how much $21 an hour is as a yearly salary, multiply $21 by 40 hours and 52 weeks. So if you were to work full-time, 40 hours a week, making $21 an hour, you would earn $43,680 a year.
You might wonder if $21 an hour ($43,680/year) is enough to cover your costs. The truth is that it comes down to where you live.
For example, if you live in Ohio as a single adult with no kids, the living wage is $15.61 an hour. So if you’re making $21 an hour, you’re earning just over the living wage.
And that’s only if you’re single and don’t have kids. If you have a partner and only one of you works, the living wage is $24.52 (with no kids).
That’s $3.52 an hour more than your $21 wage. With kids, the living wage increases further.
Luckily we put together a list of our top recommended tools that you need to live at this hourly wage. You can find that section later on in this article.
Before we get to that, take a look at this comparison table of $21 an hour over different lengths of time.
This post may contain affiliate links. For more information, see our disclosure policy.
Comparison Table of $21 an Hour (Before & After Taxes)
$21 An Hour | Pretax Income | After-Tax Income |
---|---|---|
Yearly (52 Weeks) | $43,680 | $32,760 |
Monthly (160 Hours) | $3,360 | $2,520 |
Biweekly (80 Hours) | $1,680 | $1,260 |
Weekly (40 Hours) | $840 | $630 |
Daily (8 Hours) | $168 | $126 |
Hourly (1 Hour) | $21 | $15.75 |
$21 an Hour is How Much a Year?
If you make $21 an hour, your yearly salary would be $43,680. This is calculated by multiplying your $21 hourly wage by 2,080 total annual hours worked.
There’s a total of 52 weeks in the year, and if you work a full-time job, you will work on average 40 hours a week. So multiplying 40 hours by 52 weeks results in 2,080 total hours worked each year.
However, if you work fewer weeks or take some time off, you would earn less than this amount every year.
Find Out: $20 an Hour is How Much a Year?
$21 an Hour is How Much a Year After Taxes?
If you make $21 an hour, you would take home $32,760 a year after taxes. Your pre-tax salary was $43,680. But after paying 25% in taxes, your after-tax salary would be $32,760 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 $21 an hour. 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.
$21 an Hour is How Much a Month?
If you make $21 an hour, you would make $3,360 a month, assuming you are working full-time.
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.
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 a considerable amount more than what is listed above.
Learn More: $19 an Hour is How Much a Year?
$21 an Hour is How Much Biweekly?
$21 an hour is $1,680 biweekly before taxes and approximately $1,260 after taxes. Paying a tax rate of 25% and working full-time at 40 hours a week, you would earn $1,260 after taxes.
To calculate how much you make biweekly before taxes, you would multiply $21 by 40 hours and 2 weeks.
$21 an Hour is How Much a Week?
If you make $21 an hour, you will get paid $840 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 $21 an hour, you get $840, your weekly income.
See: $18 an Hour is How Much a Year?
How Much is 21 dollars an Hour Daily?
$21 an hour is $168 per day. The standard workday is 8 hours. So by multiplying 8 hours by $21 an hour, you would earn $168 every day.
You can make $100 a day by working 4.76 hours at $21 an hour.
How Much is $21 an Hour Annually?
Annual and yearly income are two terms used a lot when talking about hourly wages and salaries. They essentially mean the same thing, just phrased slightly differently.
$21 an hour is $43,680 annually. This result is found by multiplying $21 x 40 x 52 to get the final annual amount. In the equation, the $21 stands for 21 dollars an hour, 40 means 40 hours a week, and 52 stands for 52 weeks in a year.
The formula used for finding your yearly income is the same one for calculating your annual income.
What is a $21 an Hour Salary?
Someone earning a $21 hourly wage earns a $43,680 yearly salary.
A typical full-time work week consists of 40 hours. Since there are 52 weeks in the year, you can multiply 21 dollars by 52 weeks and 40 hours to calculate your approximate annual salary.
At this income, you can expect to pay roughly 25% in taxes every year. So your after-tax salary will be just about $32,760.
Find Out: $17 an Hour is How Much a Year?
How Much is 21 dollars an Hour Annually Part-Time?
21 dollars annually part-time is between $21,840 and $38,220. If you work 20 hours per week for 52 weeks, you would earn $420 per week for a total of $21,840 per year.
On the other end of that spectrum, if you work 35 hours a week, which is still technically part-time, you would make $735 per week or $38,220 a year.
$21 an Hour Salary After Taxes in 2022 (By State)
Here is your estimated $21 an hour annual salary after taxes in 2022 for each state.
Just as a reminder, before taxes, your salary is $43,680. The after-tax amount will change based on your state taxes.
Alabama ( $35,010 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.10% ) – $1,791
FICA ( 7.65% ) – $3,342
Total Alabama Income Taxes ( 19.85% ) – $8,670
Annual Take-Home Pay in Alabama ( 80.15% ) – $35,010
Alaska ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Alaska Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Alaska ( 84.25% ) – $36,800
Arizona ( $35,965 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 1.91% ) – $835
FICA ( 7.65% ) – $3,342
Total Arizona Income Taxes ( 17.66% ) – $7,715
Annual Take-Home Pay in Arizona ( 82.34% ) – $35,965
Arkansas ( $35,308 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.42% ) – $1,493
FICA ( 7.65% ) – $3,342
Total Arkansas Income Taxes ( 19.17% ) – $8,372
Annual Take-Home Pay in Arkansas ( 80.83% ) – $35,308
California ( $35,701 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.52% ) – $1,099
FICA ( 7.65% ) – $3,342
Total California Income Taxes ( 18.27% ) – $7,979
Annual Take-Home Pay in California ( 81.73% ) – $35,701
Colorado ( $35,384 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.24% ) – $1,416
FICA ( 7.65% ) – $3,342
Total Colorado Income Taxes ( 18.99% ) – $8,296
Annual Take-Home Pay in Colorado ( 81.01% ) – $35,384
Connecticut ( $34,865 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.43% ) – $1,935
FICA ( 7.65% ) – $3,342
Total Connecticut Income Taxes ( 20.18% ) – $8,815
Annual Take-Home Pay in Connecticut ( 79.82% ) – $34,865
Delaware ( $34,943 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.25% ) – $1,857
FICA ( 7.65% ) – $3,342
Total Delaware Income Taxes ( 20.00% ) – $8,737
Annual Take-Home Pay in Delaware ( 80.00% ) – $34,943
Florida ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Florida Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Florida ( 84.25% ) – $36,800
Georgia ( $34,881 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.39% ) – $1,919
FICA ( 7.65% ) – $3,342
Total Georgia Income Taxes ( 20.14% ) – $8,799
Annual Take-Home Pay in Georgia ( 79.86% ) – $34,881
Hawaii ( $34,192 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 5.97% ) – $2,608
FICA ( 7.65% ) – $3,342
Total Hawaii Income Taxes ( 21.72% ) – $9,488
Annual Take-Home Pay in Hawaii ( 78.28% ) – $34,192
Idaho ( $35,023 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.07% ) – $1,777
FICA ( 7.65% ) – $3,342
Total Idaho Income Taxes ( 19.82% ) – $8,657
Annual Take-Home Pay in Idaho ( 80.18% ) – $35,023
Illinois ( $34,756 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.68% ) – $2,045
FICA ( 7.65% ) – $3,342
Total Illinois Income Taxes ( 20.43% ) – $8,924
Annual Take-Home Pay in Illinois ( 79.57% ) – $34,756
Indiana ( $35,422 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.16% ) – $1,379
FICA ( 7.65% ) – $3,342
Total Indiana Income Taxes ( 18.91% ) – $8,258
Annual Take-Home Pay in Indiana ( 81.09% ) – $35,422
Iowa ( $35,167 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.74% ) – $1,634
FICA ( 7.65% ) – $3,342
Total Iowa Income Taxes ( 19.49% ) – $8,513
Annual Take-Home Pay in Iowa ( 80.51% ) – $35,167
Kansas ( $35,067 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.97% ) – $1,733
FICA ( 7.65% ) – $3,342
Total Kansas Income Taxes ( 19.72% ) – $8,613
Annual Take-Home Pay in Kansas ( 80.28% ) – $35,067
More About Salaries: $35,000 a Year
Kentucky ( $34,751 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.69% ) – $2,050
FICA ( 7.65% ) – $3,342
Total Kentucky Income Taxes ( 20.44% ) – $8,929
Annual Take-Home Pay in Kentucky ( 79.56% ) – $34,751
Louisiana ( $35,665 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.60% ) – $1,136
FICA ( 7.65% ) – $3,342
Total Louisiana Income Taxes ( 18.35% ) – $8,015
Annual Take-Home Pay in Louisiana ( 81.65% ) – $35,665
Maine ( $35,202 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.66% ) – $1,599
FICA ( 7.65% ) – $3,342
Total Maine Income Taxes ( 19.41% ) – $8,478
Annual Take-Home Pay in Maine ( 80.59% ) – $35,202
Maryland ( $35,176 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.72% ) – $1,625
FICA ( 7.65% ) – $3,342
Total Maryland Income Taxes ( 19.47% ) – $8,504
Annual Take-Home Pay in Maryland ( 80.53% ) – $35,176
Massachusetts ( $34,836 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.50% ) – $1,964
FICA ( 7.65% ) – $3,342
Total Massachusetts Income Taxes ( 20.25% ) – $8,844
Annual Take-Home Pay in Massachusetts ( 79.75% ) – $34,836
Michigan ( $35,152 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.77% ) – $1,648
FICA ( 7.65% ) – $3,342
Total Michigan Income Taxes ( 19.52% ) – $8,528
Annual Take-Home Pay in Michigan ( 80.48% ) – $35,152
Minnesota ( $35,089 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.92% ) – $1,711
FICA ( 7.65% ) – $3,342
Total Minnesota Income Taxes ( 19.67% ) – $8,591
Annual Take-Home Pay in Minnesota ( 80.33% ) – $35,089
Mississippi ( $35,271 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.50% ) – $1,529
FICA ( 7.65% ) – $3,342
Total Mississippi Income Taxes ( 19.25% ) – $8,409
Annual Take-Home Pay in Mississippi ( 80.75% ) – $35,271
Missouri ( $35,499 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.98% ) – $1,302
FICA ( 7.65% ) – $3,342
Total Missouri Income Taxes ( 18.73% ) – $8,181
Annual Take-Home Pay in Missouri ( 81.27% ) – $35,499
Montana ( $35,088 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.92% ) – $1,712
FICA ( 7.65% ) – $3,342
Total Montana Income Taxes ( 19.67% ) – $8,592
Annual Take-Home Pay in Montana ( 80.33% ) – $35,088
Nebraska ( $35,224 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.61% ) – $1,577
FICA ( 7.65% ) – $3,342
Total Nebraska Income Taxes ( 19.36% ) – $8,456
Annual Take-Home Pay in Nebraska ( 80.64% ) – $35,224
Nevada ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Nevada Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Nevada ( 84.25% ) – $36,800
New Hampshire ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total New Hampshire Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in New Hampshire ( 84.25% ) – $36,800
New Jersey ( $35,935 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 1.98% ) – $866
FICA ( 7.65% ) – $3,342
Total New Jersey Income Taxes ( 17.73% ) – $7,745
Annual Take-Home Pay in New Jersey ( 82.27% ) – $35,935
New Mexico ( $35,555 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.85% ) – $1,246
FICA ( 7.65% ) – $3,342
Total New Mexico Income Taxes ( 18.60% ) – $8,125
Annual Take-Home Pay in New Mexico ( 81.40% ) – $35,555
New York ( $34,927 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.29% ) – $1,874
FICA ( 7.65% ) – $3,342
Total New York Income Taxes ( 20.04% ) – $8,753
Annual Take-Home Pay in New York ( 79.96% ) – $34,927
Check Out This Annual Salary: $17,000 a Year
North Carolina ( $35,072 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.96% ) – $1,729
FICA ( 7.65% ) – $3,342
Total North Carolina Income Taxes ( 19.71% ) – $8,608
Annual Take-Home Pay in North Carolina ( 80.29% ) – $35,072
North Dakota ( $36,458 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.78% ) – $342
FICA ( 7.65% ) – $3,342
Total North Dakota Income Taxes ( 16.53% ) – $7,222
Annual Take-Home Pay in North Dakota ( 83.47% ) – $36,458
Ohio ( $36,335 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 1.07% ) – $465
FICA ( 7.65% ) – $3,342
Total Ohio Income Taxes ( 16.82% ) – $7,345
Annual Take-Home Pay in Ohio ( 83.18% ) – $36,335
Oklahoma ( $35,172 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.73% ) – $1,628
FICA ( 7.65% ) – $3,342
Total Oklahoma Income Taxes ( 19.48% ) – $8,508
Annual Take-Home Pay in Oklahoma ( 80.52% ) – $35,172
Oregon ( $33,481 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 7.60% ) – $3,320
FICA ( 7.65% ) – $3,342
Total Oregon Income Taxes ( 23.35% ) – $10,199
Annual Take-Home Pay in Oregon ( 76.65% ) – $33,481
Pennsylvania ( $35,459 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.07% ) – $1,341
FICA ( 7.65% ) – $3,342
Total Pennsylvania Income Taxes ( 18.82% ) – $8,221
Annual Take-Home Pay in Pennsylvania ( 81.18% ) – $35,459
Rhode Island ( $35,669 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.59% ) – $1,132
FICA ( 7.65% ) – $3,342
Total Rhode Island Income Taxes ( 18.34% ) – $8,011
Annual Take-Home Pay in Rhode Island ( 81.66% ) – $35,669
South Carolina ( $35,166 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.74% ) – $1,634
FICA ( 7.65% ) – $3,342
Total South Carolina Income Taxes ( 19.49% ) – $8,514
Annual Take-Home Pay in South Carolina ( 80.51% ) – $35,166
South Dakota ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total South Dakota Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in South Dakota ( 84.25% ) – $36,800
Tennessee ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Tennessee Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Tennessee ( 84.25% ) – $36,800
Texas ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Texas Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Texas ( 84.25% ) – $36,800
Utah ( $34,638 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.95% ) – $2,162
FICA ( 7.65% ) – $3,342
Total Utah Income Taxes ( 20.70% ) – $9,042
Annual Take-Home Pay in Utah ( 79.30% ) – $34,638
Vermont ( $35,692 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 2.54% ) – $1,108
FICA ( 7.65% ) – $3,342
Total Vermont Income Taxes ( 18.29% ) – $7,988
Annual Take-Home Pay in Vermont ( 81.71% ) – $35,692
Virginia ( $34,859 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 4.45% ) – $1,942
FICA ( 7.65% ) – $3,342
Total Virginia Income Taxes ( 20.20% ) – $8,821
Annual Take-Home Pay in Virginia ( 79.80% ) – $34,859
Washington ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Washington Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Washington ( 84.25% ) – $36,800
West Virginia ( $35,125 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.84% ) – $1,676
FICA ( 7.65% ) – $3,342
Total West Virginia Income Taxes ( 19.59% ) – $8,555
Annual Take-Home Pay in West Virginia ( 80.41% ) – $35,125
Wisconsin ( $35,184 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 3.70% ) – $1,616
FICA ( 7.65% ) – $3,342
Total Wisconsin Income Taxes ( 19.45% ) – $8,496
Annual Take-Home Pay in Wisconsin ( 80.55% ) – $35,184
Wyoming ( $36,800 )
Federal Income Tax ( 8.10% ) – $3,538
State Income Tax ( 0.00% ) – $0
FICA ( 7.65% ) – $3,342
Total Wyoming Income Taxes ( 15.75% ) – $6,880
Annual Take-Home Pay in Wyoming ( 84.25% ) – $36,800
Tools You Need to Live on $21 an Hour
Earning $21 an hour is quite an accomplishment. Learning how to save, invest, and make more than this amount is an even better accomplishment.
There’s no such thing as being too financially prepared. But the truth is many hear “personal finance” and think it is much more complicated than it actually is.
The reality of the situation is that there are plenty of tools that simplify personal finance. These tools simplify personal finance to the point where anyone can start today and become better off financially than the previous day.
Whether you are a complete beginner or you are a personal finance pro, this remains true. Below you will find the tools you need to live on $21 an hour.
CIT Bank
Everything is online nowadays, and this includes banking. A reliable and trustworthy bank is something you need, no matter your financial situation. When it comes to reliable banking, you cannot go wrong with CIT Bank.
They are an FDIC-insured Bank that operates entirely online. The days of needing to go to your local bank’s branch are over. When you bank with CIT Bank, you will save both time and money.
Start building up your savings the right way with a CIT Bank account. Enjoy no monthly fees for checking and savings accounts, as well as great rates with their money market and high-yield savings accounts.
Survey Junkie
Everyone likes earning a bit of extra cash. Well, with Survey Junkie, you get paid to share your opinions on products and services. It can’t get much easier than that. Anytime you have a few minutes to spare, fill out one of their surveys and make some money. Sign up today and start taking surveys to receive gift cards or PayPal money.
FreshBooks
There can be quite a bit of a learning curve for anyone trying to learn how to manage money. However, with FreshBooks, you won’t have to worry about learning some complicated software. Whether you own a business or are looking to do personal accounting, FreshBooks accounting software will save you a ton of time and money.
No longer do you need to hire an expensive accountant to do your accounting. Instead, FreshBooks offers a solution with its easy-to-use, affordable accounting software. Not only that, you can access it across all your devices, including your phone, tablet, or computer.
They are perfect for beginners and even offer a free trial. Start using FreshBooks today to simplify your accounting with their affordable accounting software.
Is $21 an Hour Good Money?
If you make $21 an hour, you are making a good amount of money. Anyone earning an hourly wage is paid based on the number of hours worked. So the more hours worked, the larger the paycheck.
For example, say you only decided to work a couple of shifts and ended up working a total of 10 hours in a week. Working 10 hours a week, you would earn $210.
Compare that to if you worked twice that many hours, for a total of 20 hours. If you work 20 hours a week, you would end up making $420.
Perhaps you are currently only working part-time for a total of 25 weekly hours. Working 25 hours a week, you would earn $525.
But if you work 30 hours a week, you would make $630.
And lastly, if you work full-time at 40 hours a week, you would earn $840.
The amount of hours you work at 21 dollars an hour dictates whether or not it’s good money. If you only work a few hours a week at this hourly pay, it might not be a whole lot of money. Someone earning less but working more hours could end up making more than you.
But if you work part-time or full-time at 21 dollars an hour, you will get paid a good amount of money.
Learn More: $16 an Hour is How Much a Year?
How To Budget $21 an Hour
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, otherwise known as your take-home pay. Your take-home pay for $21 an hour or $43,680 a year is approximately $2,520 a month.
You then will need to split that $2,520 after-tax income into different categories. These categories represent your expenses, savings, and investments. If you make $43,680 a year, this is an example of what your monthly budget can look like:
Category | Budget Amount | Percentage |
---|---|---|
Housing | $756 | 30% |
Saving and Investing | $378 | 15% |
Insurance | $378 | 15% |
Food | $252 | 10% |
Transportation | $252 | 10% |
Entertainment and Recreation | $252 | 10% |
Personal Expenses | $126 | 5% |
Utilities | $126 | 5% |
Total | $2,520 | 100% |
Is $21 an Hour Good Pay?
Making 21 dollars an hour is good pay. The more hours you work, the more money you will end up making at this hourly rate.
For example, say you get paid every two weeks. If you work part-time, 21 dollars an hour, 20 hours a week, you would earn $840 before taxes.
If you work full-time, every two weeks you would make $1,680 before taxes. After taxes, you would make approximately $1,260.
Look: $20 an Hour is How Much a Year?
How Much is $21 an Hour After Taxes?
$21 an hour before taxes is equal to $15.75 an hour after taxes. By deducting a 25% tax rate from the $21 hourly rate, you will find your after-tax hourly rate is $5.25 less than your pre-tax rate.
You will make 21 dollars an hour before taxes. But after taxes, you will only get to take home $15.75 for every $21 made.
Now that you know this is the case, you can take that after-tax hourly pay number and multiply it by the number of hours you worked to calculate your after-tax pay.
Say, for example, you worked 30 hours at your job one week. You would take your after-tax hourly wage of $15.75 and multiply it by 30 hours to get your pay for that week. After multiplying those two numbers together, you would get an after-tax weekly income of $472.5.
Taxes will fluctuate depending on the individual, where you live, etc. So this figure might change.
Conclusion
For a quick recap on how much $21 an hour is. Here is how you can figure out how much $21 an hour is annually, monthly, biweekly, weekly, and daily.
When finding out how much $21 an hour is per year, you take $21 and multiply it by 40 hours and 52 weeks.
When calculating 21 dollars an hour monthly, you take $21 multiplied by 40 hours and 4 weeks.
To find out how much $21 per hour biweekly is, take $21 multiplied by 40 hours and 2 weeks.
For weekly, you take $21 multiplied by 40 hours. We multiply it by 40 hours because 40 hours a week is considered full-time.
And lastly, to calculate how much $21 an hour is daily, you take $21 and multiply it by 8 hours. Eight hours is used in this calculation because that amount of time represents the standard workday.
If you enjoyed reading about how much $21 an hour is, check out our other hourly wage articles below!