$28 an Hour is How Much a Year? - Know Your Yearly Income (2024)

Suppose you are offered a job or a wage increase at a 28-dollar hourly rate, won’t you immediately ask yourself: $28 an hour is how much a year? Why do you need to know how much you make in a year?

If you have come across a job that pays a regular hourly rate of $28, you may need to calculate how much $28 an hour will be in a year. You might also need to assess how much $28 an hour would fetch you in a different pay period: a month, a week, or a day.

We have addressed all these questions in this article, including how much income you may have after tax deductions. We also look at scenarios where you get a $28 hourly pay as a full-time salaried employee or a part-time worker.

$28 an Hour Is How Much a Year?

Let’s start the calculations with the total yearly income and determine how much $28 an hour in a year is.

Employees who work full-time 8 hours a day, five days a week, resulting in 40 hours per work week. A year has 52 workweeks; multiplying this number by the total hours worked in a week will give us a figure for gross annual income.

Total number of hours worked in a year = 40 x 52 = 2,080 hours

Total annual income at $28 an hour= 2,080 x 28= $58,240

Your total annual income is $58,240 if you work full-time.

However, these calculations do not account for vacations, time-off, paid and unpaid, nor include your overtime pay. In such instances, the annual income figure would vary.

Now, let’s assume you work as a part-time employee for 20 hours a day. The total number of hours you will be working in a week will be 20.

Total number of hours of work in a year = 20 x 52 = 1,040 hours

Total annual income at $28 an hour= 1,040 x 28= $29,120

Thus, you would be compensated with $29,120 per-year if you work part-time.

How Much Is $28 an Hour Annually After Taxes?

Your income is subject to taxation, both federal and state taxes. A certain tax rate is applied to the gross income figure depending on where you live and on your income bracket. You are also entitled to certain exemptions depending on your status.

How to calculate the tax amount that must be paid? Let’s use this online income tax calculator based on the US state where you live. For example, California (which deducts the highest state tax in the US on top of federal tax and items such as Medicare) and Texas (where there is no state tax).

In the previous section, we calculated the gross annual income value at $28 an hour, which amounts to $58,240. In Texas, your total tax would be $10,256, while in California, it would be $13,355. So, if you work full-time according to a 40-hour workweek and are being paid $28 an hour, your after-tax yearly income will range from $44,885 (California) to $47,984 (Texas).

Similarly, if you work part-time, 4 hours a day, your annual take-home pay after taxes would be $24,236 to $25,103, depending on the state where you work or reside.

Now, you have a fair idea of how much income would $28 an hour fetch you in a year once the tax has been deducted. If you are wondering how much you would get paid in a month, week, or day, continue reading to find out.

How Much Is $28 an Hour per Month?

Here is what $28 an hour makes in a month, depending on whether you work full-time or part-time.

As a full-time employee, you have 8 working hours per day. A month has 20 to 22 working days on average. Earning $58,240 a year divided by 12 months, you would be earning $4,853 per month pre-tax. Depending on the state where you work or reside, your after-tax income would be equal to $3,740 to $3,998.

Let’s look at how much your monthly income would be if you worked part-time. If you work part-time, let’s say 20 hours a week. Therefore, you may get $2,427 per month. Your after-tax income would be $2,020 to $2,092 per month at the rate of $28 an hour.

How Much Is $28 Hourly Rate per Week?

This section will break down the values further and determine how much weekly salary a $28 per hour income would fetch you.

If you are a full-time employee and work 8 hours a day, 5 days each week, an hourly rate of pay of $28 will translate into a gross weekly figure of $1,120. It’s higher than the median weekly earnings in the US, which was reported as $1,037 by the Bureau of Labor Statistics.

If you put in more or fewer hours at work, your weekly income would be different. For instance, if you work part-time and have 4 hours of work-time per day at 20 hours in a week, your weekly income would be $560.

This amount may vary depending on whether you worked fewer hours by taking time-off or more hours, making you eligible for overtime pay.

How Much Is $28 per Hour Biweekly?

To calculate your biweekly income, we just need to multiply the weekly figure by 2. If you work full-time, i.e., 8 hours a day, 5 days a week, your biweekly income would be $2,240.

Similarly, if you work part-time, and work 4 hours a day, 5 days a week, your gross biweekly income would be $1,120.

How Much Is $28 an Hour per Day?

We look at your daily earnings if you earn $28 on an hourly basis.

If you work full-time and are paid by the hour, your daily income would be $224 (8 x $28). Again, the value would differ according to the number of hours actually worked: less if you took time-off or more if you worked overtime. If you work 4 hours a day, you will make $112 a day at a pay rate of $28 an hour.

Summary – $28 an Hour Is How Much a Year?

Here is a summary of how much you make if you work full-time at a rate of $28 an hour:

Tips to Live on $28 an Hour

No matter how much you earn, the key is to make wise spending choices and to properly plan how to spend your money. You can avoid being stuck in a debt cycle, which will enable you to stretch a low-wage income.

Here are some ways to help you set foot in the right direction.

• Make a list of your expenditures to determine how much you require to cover your essential expenses. These include rent, utility and fuel expenses, grocery, etc. Once you have determined how much you need to cover your expenses every month, you can assess how much you have left on the side and how you can use it.
• Make it a point to spend less than you earn. Incorporate this important rule in your daily life to avoid going into debt. Similarly, if you have taken debt earlier, saving money may help you pay it off gradually.
• You might need to decide and make some tough choices to save money, which may mean compromising on a few items that aren’t a necessity. If you live in an area where the rent is high, you can consider moving to low-rent houses or take accommodation on a shared basis.
• If you feel you need to increase your income to cover your expenses, you can find other means to earn money. You can get a part-time job or do freelance work. You can even start a small venture on the side to make some extra money.

What Jobs Pay 28 Dollars an Hour?

You may find plenty of entry-level jobs and other occupations in your area that pays $28 an hour. Here are some suggestions:

• Warehouse worker
• Event management and planning
• Virtual assistant
• Customer service representative
• Marketing jobs (entry-level)
• Data entry job
• Maintenance and sanitation worker
• Mental health and rehabilitation assistant
• Real estate agent at an Real Estate Investment Trusts (REITS)
• Banking representative
• Material handler
• Dog walker

Is $28 an Hour Good?

If an employee earns an hourly wage based on the number of hours put in at work, the income would depend on how many hours you work.

According to the US Fair Labor Standards Act (FLSA), the federal minimum wage is $7.25. While this is the prevailing minimum hourly rate for all employees, the different states’ minimum wage rates may vary.

In general, if you are paid $28 an hour, you are making a decent amount of money. The more hours you work, the larger the paycheck will be. A 40-hour workweek schedule at $28 an hour will give you a gross annual income of $58,240.

Can You Live on $28 an Hour?

An hourly wage of $28 an hour is almost 4x the minimum wage, so a $28 hourly rate is in a very good wage range. While the yearly income with this wage rate is still below the annual median income rate of $60K, you can still have a comfortable living.

With smart spending choices and an efficient budget that keeps your expenses in check, you can live with a job earning $28 an hour. Check out these examples of making extra money:

• Take part in online surveys. Read through this post to find out the best online survey sites to earn cash and gift cards.
• Be an online tutor. Some elementary, middle- to high school, and even college students need help in English and other in-demand subjects like Math and Science so you can use your knowledge with that. Translate your teaching skills into cash now!
• Launch your acting career as a phone actress. Depending on the company’s business, this could entail answering questions, being online technical support, or simply talking to clients to ease their loneliness.
• Buy and sell goods at online flea markets. You can sell either your own preloved or unused goods in these online flea markets or flip cash by buying inexpensive items and selling them for higher prices.
• Play online games. If you’re a gamer, this is a chance to enjoy your hobby and earn money. Try Mistplay, where you play online games and earn points that can be exchanged for gift cards or cash.

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Conclusion – $28 an Hour Is How Much a Year?

Knowing that you make $58,240 annually at $28 an hour can give you a clearer picture of your finances, budgeting, and saving. Moreso, if you have the exact figures of your weekly, biweekly, and monthly income, you will be able to make wise decisions and manage your money well.

Hopefully, having this information at the tip of your fingertips will set you off on your road to financial empowerment and well-being.

If you want to learn more about how much you will make in a year at different pay rates, check out our related posts:

• $16 an Hour is How Much a Year?
• $24 an Hour is How Much a Year?
• $25 an Hour is How Much a Year?