Last updated: September 6, 2026 · Method: hourly wage times hours per week times 52 weeks; take-home uses 2025 IRS federal brackets, the standard deduction and SSA FICA rates. · Included: federal income tax, Social Security, Medicare, overtime at 1.5x. · Not included: state and local income tax, tips, bonuses, benefits, unpaid time off.
An hourly wage of $42 adds up to $87,360 a year on a full-time schedule of 40 hours a week for 52 weeks (2,080 hours). That is $7,280.00 a month, $3,360.00 every two weeks, $1,680.00 a week and $336.00 for an eight-hour day, before taxes. After federal income tax and FICA, a single filer keeps about $69,844 of it in 2025.
$42 an hour by pay period (full time)
| Pay period | Before tax | After federal tax and FICA (single) |
|---|---|---|
| Hourly | $42.00 | $33.58 |
| Daily (8 hours) | $336.00 | $268.63 |
| Weekly (40 hours) | $1,680.00 | $1,343.15 |
| Biweekly (80 hours) | $3,360.00 | $2,686.30 |
| Monthly | $7,280.00 | $5,820.31 |
| Annual (2,080 hours) | $87,360 | $69,844 |
How the yearly salary is calculated
Multiply the hourly wage by the hours you work in a week, then by the number of weeks you are paid. Full-time work is usually counted as 40 hours and 52 weeks, which is where the 2,080 hours come from.
$42 × 40 hours × 52 weeks = $87,360 per year
Hourly workers are only paid for hours actually worked, so unpaid holidays, sick days and slow weeks reduce the real annual figure. Two unpaid weeks a year lower it to $84,000.
$42 an hour part time
| Hours per week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 | $840.00 | $3,640.00 | $43,680 |
| 25 | $1,050.00 | $4,550.00 | $54,600 |
| 30 | $1,260.00 | $5,460.00 | $65,520 |
| 35 | $1,470.00 | $6,370.00 | $76,440 |
| 40 | $1,680.00 | $7,280.00 | $87,360 |
$42 an hour with overtime
Under the Fair Labor Standards Act, nonexempt employees earn at least 1.5 times their regular rate for hours beyond 40 in a workweek, so overtime at $42 pays $63.00 an hour.
| Overtime hours per week | Weekly pay | Yearly pay |
|---|---|---|
| None (40 hours) | $1,680.00 | $87,360 |
| 5 hours (45 total) | $1,995.00 | $103,740 |
| 10 hours (50 total) | $2,310.00 | $120,120 |
Taxes on $42 an hour (tax year 2025)
On $87,360 a year, a single filer is taxed on $72,360 after the $15,000 standard deduction, with the top slice in the 22.0% bracket. Social Security takes 6.2% and Medicare 1.45% of every paycheck.
| 2025 estimate | Single | Married filing jointly (one income) |
|---|---|---|
| Gross pay | $87,360 | $87,360 |
| Federal income tax | $10,833 | $6,406 |
| Social Security and Medicare | $6,683 | $6,683 |
| Take-home pay | $69,844 | $74,271 |
| Take-home per hour | $33.58 | $35.71 |
| Effective federal rate incl. FICA | 20.1% | 15.0% |
No state tax, credits, tips or pre-tax deductions are included. The paycheck calculator lets you add them.
Compared with the federal minimum wage
The federal minimum wage is $7.25 an hour ($15,080 a year full time). $42 an hour is 5.79 times the federal minimum. Many states and cities require more than $7.25.
Nearby hourly wages
| Hourly wage | Yearly | Monthly | Take-home (single) |
|---|---|---|---|
| $38 an hour | $79,040 | $6,586.67 | $63,991 |
| $39 an hour | $81,120 | $6,760.00 | $65,454 |
| $40 an hour | $83,200 | $6,933.33 | $66,917 |
| $45 an hour | $93,600 | $7,800.00 | $74,234 |
| $48 an hour | $99,840 | $8,320.00 | $78,623 |
| $50 an hour | $104,000 | $8,666.67 | $81,550 |
Related calculators
- Hourly to Salary Calculator for any wage, hours and weeks.
- Overtime Calculator for time and a half and double time.
- Paycheck Calculator with state tax and 401(k).
- Timesheet Calculator to total your hours for the week.
- Yearly salary to hourly for the reverse question.
❓ Frequently asked questions
How much is $42 an hour annually?
$42 an hour is $87,360 a year if you work 40 hours a week for 52 weeks (2,080 hours). With two unpaid weeks off it is $84,000.
How much is $42 an hour per month?
Full time, $42 an hour is $7,280.00 a month before taxes ($87,360 divided by 12). At 30 hours a week it is $5,460.00 a month.
How much is $42 an hour biweekly?
Two full-time weeks are 80 hours, so a biweekly paycheck at $42 an hour is $3,360.00 before taxes. A single filer keeps about $2,686.30 of it after federal tax and FICA.
How much is $42 an hour after taxes?
On $87,360 a year, a single filer with the 2025 standard deduction pays about $10,833 in federal income tax and $6,683 in Social Security and Medicare, keeping about $69,844, or $33.58 an hour. Married filing jointly on one income keeps about $74,271. State tax is not included.
How much is $42 an hour part time?
At 20 hours a week $42 an hour pays $43,680 a year; at 25 hours $54,600; at 30 hours $65,520; at 35 hours $76,440.
How much is $42 an hour with overtime?
Overtime under the FLSA pays 1.5 times the regular rate, so overtime hours at $42 pay $63.00. Five overtime hours every week add $315.00 a week and bring the annual total to $103,740; ten hours bring it to $120,120.
Sources
- IRS, tax year 2025 federal income tax brackets and standard deduction.
- Social Security Administration, 2025 contribution and benefit base ($176,100).
- U.S. Department of Labor, FLSA minimum wage and overtime rules.