$14 an Hour is $29,120 a Year
Gross Annual Pay$29,120
After Tax (Estimate)$23,694~$11.39/hour take-home
Salary Breakdown for $14/Hour
Compare Similar Hourly Rates
$12/hour$24,960/year-14.3%$13/hour$27,040/year-7.1%$14/hour$29,120/yearCurrent Rate$15/hour$31,200/year+7.1%$16/hour$33,280/year+14.3%
Overtime Scenarios
Time and a Half (1.5x)$21.00/hour10 hours OT/week: $40,040/year (+38%)
Double Time (2x)$28.00/hour5 hours DT/week: $36,400/year (+25%)
What Can You Afford on $14/Hour?
Housing (28% Rule)
Maximum monthly rent/mortgage: $553
Annual housing budget: $6,634
Annual housing budget: $6,634
Budget Breakdown (50/30/20 Rule)
- Needs (50%): $11,847/year ($987/month)
- Wants (30%): $7,108/year ($592/month)
- Savings (20%): $4,739/year ($395/month)