$1 an Hour Raise Calculator
A $1 an hour raise is $2,080 a year at 40 hours. Here is what it means for your weekly, monthly and annual pay — and what you keep after tax.
How much is a $1 an hour raise?
A dollar an hour sounds like small change and is not. At 40 hours a week it is 2,080 hours a year, so a $1 raise adds exactly $2,080 to your annual pay before tax — about $80 in every bi-weekly paycheck. On a $20 hourly rate that is a 5% raise, which would be considered a strong increase if it were quoted as a percentage on a salary.
| Current rate | New rate | As a % | Extra per year | After tax |
|---|---|---|---|---|
| $12.00/hr | $13.00/hr | 8.3% | +$2,080.00 | $1,712.88 |
| $15.00/hr | $16.00/hr | 6.7% | +$2,080.00 | $1,671.28 |
| $18.00/hr | $19.00/hr | 5.6% | +$2,080.00 | $1,671.28 |
| $20.00/hr | $21.00/hr | 5.0% | +$2,080.00 | $1,671.28 |
| $25.00/hr | $26.00/hr | 4.0% | +$2,080.00 | $1,671.28 |
| $30.00/hr | $31.00/hr | 3.3% | +$2,080.00 | $1,671.28 |
| $40.00/hr | $41.00/hr | 2.5% | +$2,080.00 | $1,463.28 |
What a $1 raise is worth at your hours
The reason a dollar raise feels smaller than it is comes down to how it is presented. Salaried increases are quoted as percentages, which flatter large numbers; hourly increases are quoted in dollars, which flatter nothing. Converting yours to a percentage — divide the raise by your current rate — is the quickest way to see whether you were treated well. A dollar on $15 is 6.7%; on $30 it is 3.3%.
| Hours per week | Hours per year | Extra per year | Extra per bi-weekly check |
|---|---|---|---|
| 20 hours | 1,040 | +$1,040.00 | +$40.00 |
| 25 hours | 1,300 | +$1,300.00 | +$50.00 |
| 30 hours | 1,560 | +$1,560.00 | +$60.00 |
| 35 hours | 1,820 | +$1,820.00 | +$70.00 |
| 40 hours | 2,080 | +$2,080.00 | +$80.00 |
Before you bank a $1 raise
The figure that decides what you actually gain is your hours, not your rate. A $1 raise is worth $2,080 at 40 hours, $1,820 at 35, and $1,560 at 30. If your schedule varies, run the calculator at your realistic average rather than your contracted maximum, and again at a bad week — the gap between the two is the part of the raise you cannot count on.
$1 an hour raise FAQ
How much is a $1 an hour raise a year?
$2,080 at 40 hours a week — 1 × 40 × 52. At 35 hours it is $1,820, at 30 hours $1,560 and at 20 hours $1,040.
How much is a $1 raise per paycheck?
About $80.00 per bi-weekly paycheck before tax at 40 hours a week, or roughly $64.28 after federal income tax and FICA for a single filer with no state income tax.
What percentage is a $1 an hour raise?
It depends on your current rate: 6.7% on $15 an hour, 5.0% on $20, 4.0% on $25 and 3.3% on $30. Divide 1 by your rate and multiply by 100.
How much is a $1 raise per year?
$2,080 at 40 hours a week (1 × 40 × 52). At 35 hours it is $1,820, at 30 hours $1,560, and at 20 hours $1,040.
What percentage is a $1 an hour raise?
It depends on your rate. A dollar is 6.7% on $15, 5% on $20, 4% on $25 and 3.3% on $30. Divide 1 by your current rate and multiply by 100.
How much is a $1 raise per paycheck?
About $80 per bi-weekly paycheck before tax at 40 hours a week, or roughly $64 after federal income tax and FICA for a typical single filer.
Other hourly raises
Related calculators
- Hourly Raise CalculatorAny rate, any raise, any hours.
- Pay Raise CalculatorSalaried and hourly, all pay periods.
- Raise After TaxesWhat you keep, by filing status and state.
- Cost of Living RaiseYour raise against inflation.
Estimates are for planning only. This is not tax, legal or financial advice.