$15.50 an hour after taxes in Minnesota
$15.50 an hour is $32,240 a year before tax at 40 hours a week. After 2026 federal, FICA and Minnesota taxes:
You keep
$27,034
a year after taxes
- Every two weeks
- $1,040
- A month
- $2,253
- Effective tax rate
- 16.1%
MN Income tax rates from 5.35% to 9.85%
| Line | Every two weeks | Year |
|---|---|---|
GROSS Gross pay |
$1,240.00 | $32,240.00 |
FED Federal income tax |
-$64.95 | -$1,688.80 |
OASDI Social Security tax |
-$76.88 | -$1,998.88 |
MED Medicare tax |
-$17.98 | -$467.48 |
ST Minnesota income tax |
-$34.96 | -$908.97 |
PFML Minnesota Paid Leave (employee share, new 1 Jan 2026) |
-$5.46 | -$141.86 |
NET Take-home pay | $1,039.77 | $27,034.02 |
$15.50 an hour per paycheck, month and day in Minnesota
| Period | Gross | Taxes | Take-home |
|---|---|---|---|
| Year | $32,240 | -$5,206 | $27,034 |
| Month | $2,687 | -$434 | $2,253 |
| Every two weeks | $1,240 | -$200 | $1,040 |
| Week | $620 | -$100 | $520 |
| Day | $124 | -$20 | $104 |
Biweekly means 26 paychecks a year. A day is one of 260 working days (five a week). "Taxes and deductions" includes every line on the stub above.
If you work more or fewer hours
| Hours a week | Yearly gross | Yearly take-home |
|---|---|---|
| 20 | $16,120 | $14,767 |
| 25 | $20,150 | $17,853 |
| 30 | $24,180 | $20,938 |
| 35 | $28,210 | $24,023 |
| 40 | $32,240 | $27,034 |
| 45 (5 overtime) | $38,285 | $31,783 |
| 50 (10 overtime) | $44,330 | $36,532 |
From 2026, federal income tax exempts the overtime premium (the extra half of time-and-a-half) up to $12,500 a year for single filers. Social Security, Medicare and Minnesota tax still apply to it in this estimate.
What $15.50 an hour affords in Minnesota
- Rent at 30% of gross pay
- $806 a month
- Needs (50% of take-home)
- $1,126 a month
- Wants (30%)
- $676 a month
- Savings and debt (20%)
- $451 a month
The 30% rule is the benchmark HUD uses for housing cost burden. The 50/30/20 split applies to the $2,253 monthly take-home figure above.
How Minnesota compares
Minnesota's rates run from 5.35% to 9.85%, and your last dollar here is taxed at 5.35%. On $15.50 an hour ($32,240 a year) the state takes $909 in income tax (2.8% of gross) plus $142 in required state payroll contributions (Minnesota Paid Leave (employee share, new 1 Jan 2026)), the 43rd lowest of 51 jurisdictions.
| State | State taxes | Take-home a year |
|---|---|---|
| Minnesota | $1,051 | $27,034 |
| Iowa | $573 | $27,512 |
| North Dakota | $0 | $28,085 |
| South Dakota | $0 | $28,085 |
| Wisconsin | $702 | $27,383 |
| California | $691 | $27,393 |
| Texas | $0 | $28,085 |
Questions people ask about $15.50 an hour in Minnesota
How much is $15.50 an hour a year after taxes in Minnesota?
Working 40 hours a week for 52 weeks, $15.50 an hour is $32,240 before tax. After $1,689 federal income tax, $2,466 Social Security and Medicare, and $1,051 in Minnesota state taxes, you take home $27,034 a year as a single filer in 2026.
How much is $15.50 an hour biweekly after taxes in Minnesota?
$15.50 an hour is $1,240 gross every two weeks. After taxes a biweekly paycheck comes to about $1,040.
$15.50 an hour is how much a month?
$15.50 an hour is $2,687 a month before tax and about $2,253 after tax in Minnesota, averaged over 12 months.
How much rent can I afford on $15.50 an hour?
The 30% rule puts rent at $806 a month on $2,687 gross. Budgeting from take-home pay with 50/30/20, all needs including rent get $1,126.
How much is $15.50 an hour with overtime in Minnesota?
At 50 hours a week (10 hours at $23.25), you earn $44,330 a year and keep $36,532. The 2026 federal overtime deduction takes $4,030 of overtime premium out of federal taxable income; Social Security and Medicare still apply.
How much Minnesota state tax comes out of $15.50 an hour?
$909 a year, or $35 per biweekly paycheck, in Minnesota income tax, plus $142 a year in state payroll contributions. Local income taxes, where they exist, are not included.
Try your own numbers
Sources and assumptions
Tax year 2026. Annual tax for a filer with no dependents, no other income and no credits, working 52 weeks. Hours over 40 a week are paid at 1.5×. Local income taxes are not included. How we calculate.
- IRS Revenue Procedure 2025-32: federal brackets and standard deduction (retrieved 2026-09-26)
- Social Security Administration: 2026 wage base; IRS: Medicare and Additional Medicare Tax
- Minnesota tax source (retrieved 2026-09-26; some 2026 amounts projected until the state publishes them, see the data notes)