Quick Answer: Is Making 9.50 An Hour Good?

Is $24 an hour good?

Assuming all things equal, $24 per hour would be slightly above the median household income in the US.

It depends on other factors, such as type of job, job location, country, cost of living, hours per week, commute, physical and mental demands, etc..

Can a single person live on minimum wage?

A Minimum Wage Budget. According to official government guidelines, single people supporting themselves on minimum wage are not technically living in poverty. … However, for single people with no dependents, the government claims the federal minimum wage is more than enough to survive and stay out of poverty.

Is 9.50 an hour good pay?

It depends on how many hours you work, but assuming a 40 hour work week, and working 50 weeks a year, then a $9.50 hourly wage is about $19,000 per year, or $1,583 a month. Is $9.50 an hour good pay? No. $9.50/hour is in the bottom 10% of wages in the United States.

How much will I take home if I earn 19000 a year?

If your salary is £19,000, then after tax and national insurance you will be left with £16,560. This means that after tax you will take home £1,380 every month, or £318 per week, £63.60 per day, and your hourly rate will be £9.13 if you’re working 40 hours/week.

Can you live off of 14 dollars an hour?

The real answer is as little as you can. If you are asking how much a person making $14 per hour can safely afford, that is about $600 per month, assuming utilities either included or a small amount. As a general rule, financially successful people keep the expense of a roof over their head below 1/4 of their income.

What job pays $30 an hour?

In fact, people such as medical technologists, social workers and store managers all earn about $30 per hour. A full-time job that pays around $30 per hour can equal roughly $62,400 per year, which means a comfortable living, and above the national average.

What is considered a good hourly wage?

Good is between $20 and $30 an hour. Really good is between $30 and $35 and I would cosider above $35 an hour an excellent wage.

Can you live off 13 an hour?

As you can see, this budget is fairly small, and would be tight, even for a single person, possibly renting an apartment with roommates. I would not suggest buying a house (or even moving out of your parents house, for that matter) on $13 an hour, but you can still save a few hundred per month.

Can you afford an apartment making 12 an hour?

Many landlords like to see income that is three times the amount of the rent. So, $12 per hr for 40 hrs would be $480/week. Assuming 4.33 weeks in a month, that would be $2,078.40 monthly.

What is yearly salary for 20 an hour?

approximately $40,000 a yearIf you make $20 an hour, you make approximately $40,000 a year. If you make $25 an hour, you make about $50,000 a year. The following table highlights earnings for a person working 40 hours per week at various wages.

What job pays $40 an hour?

Makeup Artist. If you’re creative and know your way around an eyeshadow palette, being a freelance makeup artist offers a flexible hourly job that can pay anywhere from $13 – $40+ per hour. Per the U.S. Bureau of Labor Statistics, makeup artists are the highest-paid workers in the cosmetology industry.

Is 100 dollars an hour good?

“Being able to get $100 an hour is rare,” said Al Lee, the director of quantitative analysis at PayScale.com. The median hourly wage in the U.S. is $16 an hour, he points out, so earning $100 an hour would be more than six times what the average worker makes.

Can you live on $10 an hour?

Yes, if you live in an area where the cost of living is low, you work sufficient hours, and you have minimal cost of lodging. You may also be eligible for food stamps. So, if you are willing to live a very limited lifestyle, and are in an area where you can get to work with no car, you probably can.

Is 10 an hour good pay?

Originally Answered: Is 10 dollars an hour good? Depends on your definition of good. For someone who has no income and is poor then 10 dollars an hour is good for them. 10 dollars an hour is also good for someone who only makes 9 dollars an hour assuming everything else stays the same.

Can I afford a house making 13 an hour?

Can a home be purchased while making $13 an hour? Yes. The lender will approve your loan based on your debt to income ratio (DTI), which is the total house payment, including taxes, insurance and mortgage insurance (if any) plus other monthly debt payments, all divided by your gross monthly income.

How much an hour is 40000 a year?

$40,000 per year breaks down to: $19.23 per hour (Annual ÷ 2080 hours)

How much is 9 an hour?

Your hourly pay of 9 dollars is then equivalent to an average annual income of $18,000 per year.

What is the yearly salary for 12.50 an hour?

about $26,000 per yearAssuming 40 hours a week, that equals 2,080 hours in a year. Your hourly wage of $12.50 would end up being about $26,000 per year in salary.

What salary is 9.50 an hour?

Yearly / Monthly / Weekly / Hourly Converter If you make £9.50 per hour, your Yearly salary would be £19,760. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

Can you live off 12 an hour?

You can certainly live on $12/hr, especially with your rent being so low, it just doesn’t leave a lot of room for flexibility.

How much a year is 9 an hour?

Yearly / Monthly / Weekly / Hourly Converter If you make £9 per hour, your Yearly salary would be £18,720. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

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