$13 An Hour Is How Much A Year? Best Tips To Maximize Your Yearly Income

Are you considering doing a job that pays $13 hourly? Perhaps you wonder: $13 an hour is how much a year? What kind of jobs have that kind of pay rate? 

These are usual questions of hourly employees like you, especially if you are new or just returning to the workforce. You might also want to know how much $13 an hour would translate into different pay periods: monthly, weekly, or daily, and whether it will be enough for you to live comfortably.

This article will tackle such concerns, including tax deductions, working full-time or part-time, minimum wages, and making the most out of a $13 an hour wage rate. Paying attention to these money matters will help you maximize your earnings, plan your budget, and set financial goals

Let’s start with your basic question:

$13 an Hour Is How Much a Year?

Working 52 weeks a year would make $27,040. 

Most jobs offer weekends off, so we have considered a week of 5 days. A full-time employee usually gets 8 hours of work time per day, so weekly hours would be around 40 if you don’t work overtime. Multiplying 40 by 52 will give you 2,080, your total number of working hours a year. 

The calculation of your annual salary at $13 per hour is shown below. 

  • 40 * 52 = 2,080 working hours in a year
  • 13 * 2080 = $27,040 (gross salary per year)

If you work part-time, or 20 hours a week, you’ll earn $13,520 a year. It depends on how many overtime hours you work, how much unpaid leave you take, how much sick leave you have, and what you will eventually earn per year.

How Much Is $13 an Hour Annually After Taxes?

The yearly income stated above does not include taxes. Your income is subject to regular deductions for both federal and state taxes (except for some states like Texas) and items such as Medicare, social security, and disability insurance. 

Also, the applicable tax varies in different states. You may also be entitled to lesser tax or even some exemptions based on your individual status or tax bracket. So, it could be difficult to calculate the exact deductible amount here since multiple factors and individual differences affect it. 

To simplify the process, you can use this online tax calculator

Let’s compute the income and taxes of a full-time worker who works 8 hours daily for 5 days or 40 hours per week. Since there are 52 weeks annually, we multiply this amount by 40 hours and with the daily rate of $13 (40 * 52 * $13). That gives us $27,040 as your gross annual pay.

To show the range of income and taxes, let us assume that you live or work in Texas, which deducts no state taxes, and California, which has the highest tax percentage in the US. 

After a $4,366 tax deduction in California, your take-home pay would be $22,674, while, in Texas, the net yearly income will amount to $23,432 after $3,608 in taxes.

However, if you only work part-time, 4 hours a day, 5 days weekly at a $13 hourly wage, you will make around $13,520 a year. After deducting taxes ($1,294 in California and $1,131 in Texas), your income will be $12,226 and $12,389, respectively.

How Much Is $13 an Hour per Month?

If you are a full-time worker, 13 dollars an hour will allow you to earn $2,253 per month, dividing the gross annual pay from the previous section ($27,040) by 12 months. With taxes, your monthly pay could range from $1,889 in California after $364 in deductions to $1,952 in Texas with its $301 tax.

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If you’re entitled to overtime pay, it can help you earn a little more; days off, on the other hand, will lessen your earnings.

Working part-time for 4 hours a day would divide your income, earning you a total monthly payment of $1,126. Your monthly income will be from $1,018 in California to $1,032 in Texas after taxes of $108 and $94, respectively.

How Much Is $13 Hourly Rate per Week?

A 13-dollar-per-hour salary will give you $520 a week, requiring that you work 40 hours. Just multiply the total hours worked with your hourly salary, and you will get your total income for the workweek as a full-time employee. 

  • $13 * (8 hours/day * 5 days/week) = $520.

Those figures will be less if you are a part-timer. If you’re making the hours 20, your gross weekly income is $260.

If you deduct taxes from such weekly income, the take-home pay will be $436 in California ($84 in deductions) and $451 in Texas ($69 in taxes) for full-time workers. After deductions of $25 (California) and $22 (Texas), part-timers will get $235 and $238, respectively. 

How Much Is $13 per Hour Biweekly?

Multiplying your weekly salary by 2, you get your gross biweekly payments of $1,040 ($520 * 2) if you work full-time. After deductions ($168) in California, you will take home $872 every 2 weeks at $13 an hour. In Texas, that would be $901 after $139 in taxes.

As a part-timer working 40 total hours every 2 weeks ($13 * 4 hours * 5 days/week * 2 weeks), you are entitled to get $520 before taxes. In California, your pay will be $470 biweekly after deductions amounting to $50, while, in Texas, your biweekly take-home pay will be $476 after $44 in taxes.

How Much Is $13 an Hour per Day?

Calculating your daily income is a good way of keeping track of your money. 

Daily, you will be able to earn $104 for an 8-hour full-time job ($13/hour * 8 hours). With taxes, your pay for the day will range from $87 in California (after a $17 deduction) to $90 in Texas (after $14 in taxes).

Increasing your working hours would give you 13 dollars every extra hour. Some companies also offer bonuses for extra hours, so don’t miss out on an opportunity to earn more if you get one. 

Summary – $13 an Hour Is How Much a Year?

Here is a summary of how much you make if you work full-time at $13 an hour.

$13 per Hour (Full-Time)Total Income (Without Taxes)
Yearly salary (52 weeks)$27,040
Monthly salary $2,253
Weekly income (40 Hours)$520
Bi-Weekly income (80 Hours)$1,040
Daily income (8 Hours)$104
Net Estimated Monthly Income (After-Taxes)$1,759 to $1,813

Tips For Living on $13 an Hour

Living on a $13 an hour can be tricky. The amount is not as high as most people earn, but it is not very low either. Even a millionaire needs to spend wisely to live a good life. 

If money is tight, consider your financial habits. Do you regularly make a budget? What are your spending patterns? Do you have savings or investments? Have you tried doing other jobs to make extra cash? 

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  • Set doable financial goals. Initially, it could be as short-term as sticking to a budget, saving for a car, or as long-term as retiring early with a cushy nest egg.
  • Make a budget and track your expenses. 
  • Earn more money by doing side hustles or taking on part-time jobs.
  • Take part in online surveys. Just answer the questionnaires or join focus groups sponsored by companies doing product research, and you will get paid. Check out some of the best online survey sites to earn cash and gift cards. These 3 sites even offer $5 sign-up bonuses:
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    • Survey Junkie. By joining one of the most popular, reliable, and easy-to-use survey websites, you will receive a $5 bonus and earn points which you can exchange for gift cards or cash. Learn more about Survey Junkie hacks and make more money this year.
  • Sell your skills as a freelancer. Online job platforms like Fiverr, FlexJobs, and Upwork bring together employers and freelance workers. So, if you have marketable skills like software development, marketing, proofreading, graphic design, etc., you should try creating a smashing resume and listing your profile at these job sites. 
  • Work as a Virtual Assistant. Working from home with flexible hours, you can do your tasks as virtual support for the company’s full-time staff. The work could range from routine office stuff like answering emails to managing the boss’s schedule. 
  • Be an online transcriptionist. If you are good at grammar, pay keen attention to details, and have a good headset and reliable internet, you can work as a transcriptionist. Here’s a transcription guide to getting you started.
  • Offer tutorial services. There are many online teaching opportunities in English language tutorials and subjects like Math and Science. You can share your knowledge while you earn cash.
  • Flip items for profit. If you are good at finding saleable goods and reselling them at a profit, there are many online sites like Craigslist, Letgo, eBay, and Amazon where you can earn cash by buying and selling. You can also buy secondhand items or sell your own preloved or unused goods in online flea markets.
  • Play online games. It is the perfect side hustle for you if you are a gamer. There are platforms like Mistplay, InboxDollars, or Swagbucks, where you can play to your heart’s content while earning points to exchange for gift cards or cash. You can also earn money by starting a YouTube gaming channel or a video gaming blog.
  • Get a data entry job. You can earn cash while working from your home. Basic requirements include typing skills, attention to detail, and computer and Internet connection.

What Jobs Pay $13 an Hour?

We listed some of the best jobs available, offering more than 13 dollars and more per-hourly income. Apply as soon as possible to increase your chances of getting hired. 

Some of these jobs require specific skills, but don’t worry; many firms have training programs that allow you to learn those skills before getting the job. 

  • Driver Helper
  • Doorperson
  • Transcriber
  • House Cleaner
  • Dog Daycare Rufferee
  • Appointment Setter
  • Remote Customer Service Representative
  • Package Courier
  • Hand Laborer
  • Service Crew Member
  • Sales Associate
  • Live Chat Agent

Is $13 an Hour Good?

According to the Bureau of Labor Statistics, 13 dollars an hour or $520 a week is on the low end, considering that $1,037 is the weekly median income for a full-time US worker in the first quarter of the year. Forbes reported that an annual pay of $27,040 does not even make it to the category of “middle income” or middle class; an individual must earn between $30,003 to $90,010 to qualify. 

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The US Fair Labor Standards Act (FLSA) sets the federal minimum wage as 7.25 dollars per hour, so if you are earning $13 hourly, it is almost double the amount most citizens are earning. However, different states have their own wage rates ranging from the minimum (Alabama) to $15.90 in the District of Columbia. So, you may be better off if you reconsider the state where you live or work.

Still, $27,040 could be a good salary if you know how to spend it properly. You cannot buy all the luxuries with it, but it can fulfill all your basic living requirements. Do follow the tips below about living on 13 dollars an hour. 

Can You Live on $13 an Hour?

Yes, you can live on a $13 hourly rate of pay, especially if you live alone. If you have a family, kids included, the budget becomes too tight, even for the basic necessities. Your comfortable lifestyle depends on many factors, including the area you live in and your outstanding debts, if any. 

Some states have higher costs of living or higher taxes, making it quite hard for an average citizen to cover all his living expenses. 

Aside from the money-making tips mentioned above, here are more tips that you can use to make a comfortable life on a 13-dollar hourly salary.

  • Learn to manage your debts, if any. Decrease debts by borrowing as infrequently as you can.
  • Save as much as you can from your monthly income. 
  • Try your hand at investing. Read our related articles to get you started investing in different stock market funds: 

Conclusion – $13 an Hour Is How Much a Year?

While $27,500 a year at an hourly pay of $13 may not be enough for an average family of 4, a single person can make do with such an amount after some financial reboot. 

Having a grasp of your regular earning capacity and limitations would serve you well in setting your financial goals to make a comfortable living. On top of the list are managing your finances through budgeting and finding ways to earn more money. 

Now, if you’re curious how much others with different paychecks every pay period, head on to our other articles: