$8 an Hour Is How Much a Year? (2026)
Quick Answer
$8 per hour is approximately $16,640 per year, $1,387 per month, and $320 per week before taxes.
After taxes, $8/hr take-home is approximately $15,238/year — varies by state and filing status.
Annual (Gross)
$16,640
Monthly (Gross)
$1,387
Annual (Net)
$15,238
Monthly (Net)
$1,270
Customize Your Calculation
Annual: $16,640
Gross Pay Breakdown
After-Tax Estimate (Texas)
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How Does $8/Hour Compare?
$8/hr is above the federal minimum but below the $15/hr benchmark
Many states and cities have moved to $15+ minimum wages.
Federal Minimum
$7.25/hr
~$15k/yr
US Median Wage
~$22/hr
~$46k/yr
This Wage
$8/hr
$16,640/yr
At $$8/hr you are in the bottom 20% of US earners — significantly below the US median household income of ~$56k.
$8/hr vs Nearby Rates — Side-by-Side
$8 Per Hour — Full Breakdown
Yearly perspective — how much is $8/hr a year?
An hourly wage of $8 translates to roughly $16,640 per year when working a standard 40-hour week, or about $1,387 per month.
Monthly lifestyle — what does $8/hr mean each month?
Monthly gross at $8/hr is $1,387. After Texas and federal withholding, you take home approximately $1,270 per month.
Weekly earnings — short-term budgeting at $8/hr
$8/hr equals $320 per week in gross pay. On a daily basis, you earn $64 per 8-hour day.
After-tax income estimate
A $8/hr wage nets to approximately $15,238 in Texas after all taxes. Your combined effective tax rate is around 8.4%. No state income tax. Actual take-home pay may vary by state and filing status.
To understand how this wage compares to other earners nationally, see what makes a good salary in the US. Cost of living plays a major role in how far $8/hr goes — compare purchasing power by state. You can also calculate exact take-home pay for any salary using our take-home pay calculator.
Based on a standard 40-hour work week. Using estimated US tax rates — actual take-home pay may vary by state. Common searches: "$8 an hour is how much a year," "$$8 per hour annual salary," "$8 an hour after tax," "$8 an hour monthly."
What Can You Afford on $8/hr?
Housing Budget
~$416/month (30% housing guideline)
Savings Potential
5–10% of income (~$1,248/year)
Lifestyle Notes
Budgeting carefully is essential. Shared housing, public transport, and minimal discretionary spending are typical.
Is $8/hr a Good Wage?
Below poverty-line wages: $8/hr places you in the bottom 20% of US wage earners. At $16,640/year, this is significantly below the US median household income of ~$56k.
Whether $$8/hr is "good" depends on where you live. In low cost-of-living states, $8/hr provides meaningful financial flexibility. In high-cost metros, the same wage goes much further in purchasing power.
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Essential Salary Guides
Understand Your Salary
Put $8/hr in context with these essential guides.
What is a good salary?
See where you rank among all US earners by percentile.
Salary vs. cost of living
Compare real purchasing power across all 50 states.
Salary inflation calculator
Find out if your pay is keeping up with inflation.
Take-home pay explained
Understand exactly what's deducted from your paycheck.