$17 an Hour is How Much per Year?

Last updated Mar. 30, 2024 by Jessica Green

If you’re earning $17 an hour, here’s how to calculate how much you would make in a week, month, and year.

$17 an hour is considered a livable wage for a single person with a modest living expense. So if you’re single and have a job that pays $17 an hour, you may be able to build a little wealth and achieve financial stability.

Read on to understand how to calculate your yearly, monthly, overtime, and part-time income.

$17 An Hour Is How Much A Year

If you’re paid an hourly wage of $17, you’ll make $35,360 in a year. However, this is if you work an average of 40 hours each week.

A year contains 52 weeks. So if you work 40 hours per week for 52 weeks, the total number of hours you’ll work will be 2080 hours.

Number of hours in a week × Number of weeks in a year

= 40 hours × 52 weeks = 2080 hours.

Therefore, the total number of hours you’ll work in a year is 2080 hours.

To get your yearly income, multiply the total number of hours you work in a year by your hourly wage.

Total number of working hours in a year × hourly wage

= 2080 hours × $17

=$35,360

Therefore, if you’re paid $17 an hour, you’ll make $35,360 per year.

Another Interesting Article: $13 an Hour is How Much Per Year? [Before and After Taxes]

$17 An Hour With Overtime Is How Much A Year

The overtime rate is often different from the normal hourly wage. It is a reward for working longer than eight hours in a day.

For overtime, you will receive a payment that is 1.5 times higher than your hourly wage. So if you’re paid $17 an hour, you will receive $25.50 per hour as overtime payment.

$17 × 1.5 = $25.50

Here’s how to calculate how much you make in a year if you work overtime.

If you worked 55 hours a week instead of the normal 40 hours, you’ll receive overtime payment for the extra 15 hours you worked.

Regular hours worked = $17 an hour x 40 hours = $680

15 overtime hours = $25.50 x 15 = $382.50

$680 + $382.50 = $1,062.5 per week.

If you keep working 55 hours a week (40 normal working hours plus 15 hours overtime), here’s how to calculate how much you will earn in a year.

$1,062.50 in a week x 52 weeks in a year = $55,250.

Thus, if you make $17 an hour and work overtime for 15 hours, you’ll make $55,250.

$17 an hour without overtime is $35,360, while $17 an hour with fifteen hours of overtime pay is $55,250.

The below table considers different overtime hours and how much you will earn in a year with a $17 hourly rate.

Overtime Hours	Hours Per Week	Weekly Earnings	Yearly Earnings
0	40	$680	$35,360
1	45	$807.5	$41,990
2	50	$935	$48,620
3	55	$1,062.50	$55,250
4	60	$1,190	$61,880
5	65	$1,317.5	$68,510
6	70	$1,445	$75,140

Part-time $17 An Hour Is How Much A Year

If you’re working part-time, it means you’re working less than eight hours a day, and less than 40 hours per week.

Here’s how to calculate your part-time payment if you make $17 an hour.

Weekly Earning: Hourly Wage Rate × Number of Part-time Hours Worked In A Week

For example, if you work part-time for 30 hours a week, you’ll make $510 a week.

$17 an hour × 30 hours part-time = $510

Yearly Earning: Weekly Pay × Number of Weeks In A Year

= $510 × 52 Weeks = $26,520

Therefore, if your hourly wage rate is $17 an hour, and you work part-time for 30 hours per week, you will make $26,520 in a year.

The below table considers different part-time hours and how much you will earn in a year with a $17 hourly rate.

Part-time Hours Per Week	Weekly Earnings	Yearly Earnings
20	$340	$17,680
21	$357	$18,564
22	$374	$19,448
23	$391	$20,332
24	$408	$21,216
25	$425	$22,100
26	$442	$22,984
27	$459	$23,868
28	$476	$24,752
29	$493	$25,636
30	$510	$26,520
31	$527	$27,404
32	$544	$28,288
33	$561	$29,172
34	$578	$30,056
35	$595	$30,940

$17 An Hour Is How Much A Month

Most people get it wrong when converting hourly wage to monthly salary. They often assume that there are four weeks in a month, hence they use the method below:

Hourly Wage × Number of Hours Worked In A Week × 4 Weeks In A Month

$17 × 40 hours in a week × 4 weeks in a month = $2,720

The above method is not entirely wrong. However, it does not give an accurate amount of what you make in a month. In a month, there are four weeks and a few days, but the above calculation does not take the extra days into account.

Here’s a more accurate way to convert your hourly wage to a monthly salary.

Divide your yearly income by the number of months in a year.

Since you’re paid $17 an hour, your yearly income before taxes is $35,360.

$35,360 ÷ 12 months = $2,946.7

Thus, $17 an hour is $2,946.7 monthly.

Another Interesting Article: How Much Is 20 An Hour In A Year?

How Much Is $17 An Hour For 40 Hours A Week

If you work eight hours a day and five times a week, your total number of working hours will be 40 hours – this is the standard number of working hours in a week.

So if you’re paid $17 an hour, you’ll make $680 in a week.

Here’s how to calculate it:

Hourly Wage Rate × Total Number of Hours Worked In A Week

= $17 × 40 Hours

= $680 per week.

$17 An Hour Is How Much Bi-weekly

Bi-weekly payment is payment for working two weeks.

In a week, the standard number of working hours is 40, therefore, you’ll work 80 hours in two weeks.

To calculate how much you make in two weeks, multiply your hourly wage by the total number of hours you work in two weeks.

$17 an hour × 80 hours in two weeks = $1,360

Thus, $17 an hour is $1,360 bi-weekly before taxes.

$17 An Hour Is How Much A Day

$17 an hour in a day is $136 before taxes.

$17 × 8 hours a day = $136.

Eight hours is the standard number of working hours in a day.

Another Interesting Article: Convert Hourly Wage To Monthly Pay

Key Takeaways for $17 Hourly Wage

Here’s a summary of the calculations above:

• $17 an hour is $35,360 in a year before taxes.
• With 15 hours of overtime pay, $17 an hour is $55,250 in a year.
• If you work part-time for 30 hours a week, you’ll make $26,520 in a year
• $17 an hour is $2,946.7 in a month
• In a week with 40 hours of working time, $17 an hour is $680
• $17 an hour is $1,360 bi-weekly
• $17 an hour is $136 in a day

15 Jobs That Pay $17 an Hour

1. Lab Assistant
2. Data entry clerk
3. Logistics Specialist
4. Production Worker
5. Caregiver
6. Animal Care Specialist
7. Security Officer
8. Housekeeper
9. Dental Assistant
10. Certified Pharmacy Technician
11. Certified Nursing Assistant
12. Medical Laboratory Assistant
13. Overnight Warehouse Associate
14. Licensed Massage Therapist
15. Licensed Insurance Sales Representative

10 Jobs that Pay $17 An Hour Online

1. Open an online store on Etsy or Amazon
2. Find freelance gigs on Fiverr and Upwork
3. Sell your products on Shopify
4. Become a YouTuber
5. Copywriting
6. Create a blog
7. Become an affiliate marketer
8. Become a web developer
9. Online Tutoring
10. Online Sales Representative

Conclusion

The above article shows how to convert hourly wages to monthly and yearly income before taxes. To calculate your after-tax income, know your federal, state, and FICA income tax rate.