2026 Tax Year · Single Filer · Virginia

$24 an Hour in Virginia — After-Tax Take-Home (2026)

At $24/hour (2,080 hours/year), your gross annual income is $49,920. After federal income tax, Social Security, Medicare, and Virginia state income tax, your take-home pay is $19.30/hr. In Virginia's high cost-of-living environment, this is below what's needed for comfortable living in Virginia.

Gross Annual
$49,920
Net Annual
$40,138
Net Monthly
$3,345
Net Hourly
$19.30

Pay Period Breakdown

Period Gross Tax Net
Hourly $24.00 $4.70 $19.30
Daily (8 hrs) $192.00 $37.62 $154.38
Weekly (40 hrs) $960.00 $188.12 $771.88
Biweekly $1,920.00 $376.24 $1,543.76
Monthly $4,160.00 $815.18 $3,344.82
Annual $49,920 $9,782 $40,138

Full Tax Breakdown — Virginia, Single Filer

Item Rate / Notes Amount
Gross Annual Income $24/hr × 2,080 hrs $49,920
Federal Standard Deduction Single 2026 −$16,100
Federal Taxable Income $33,820
Federal Income Tax 7.6% −$3,810.40
Social Security (6.2%) up to $168,600 −$3,095.04
Medicare (1.45%) −$723.84
Virginia Standard Deduction Single 2026 −$8,000
Virginia State Income Tax 4.3% −$2,152.90
Total Tax 19.6% effective −$9,782.18
Net Take-Home $40,138

How Does Virginia Compare?

See how $24/hr take-home differs in other states at the same wage:

State State Tax Net Monthly Net Annual
California $1,260.64 $3,419/mo $41,030 Florida None $3,524/mo $42,291 New York $2,022.17 $3,356/mo $40,269 Texas None $3,524/mo $42,291 Washington None $3,524/mo $42,291
Open Full Calculator for Virginia — $24/hr →

Equivalent Annual Salary Pages

$24/hr = $49,920/year gross. See the full state-by-state salary breakdown:

$49,920 salary in Virginia — full breakdown $49,920 after tax in Virginia $49,920 salary to hourly Virginia paycheck calculator

Adjacent Rates in Virginia

$21/hr in Virginia$22/hr in Virginia$23/hr in Virginia$25/hr in Virginia$26/hr in Virginia$27/hr in Virginia

Same Rate, Other States

$24/hr in Alabama$24/hr in Alaska$24/hr in Arizona$24/hr in Arkansas$24/hr in California$24/hr in Colorado

Cost of Living in Virginia

✗ Difficult — $24/hr falls short in Virginia
  • Avg 1BR rent in Richmond: $1,500/mo — over the 30% rule (36% of gross monthly)
  • Minimum comfortable income in Virginia: $50,000/yr
  • Your net annual: $40,138 ($9,862 below comfortable threshold)
  • Purchasing power equivalent in Texas: ~$20.2/hr

Working at $24/hr in Virginia

This is a solid income in Virginia, especially outside Northern Virginia. The progressive tax tops out at 5.75% — moderate compared to neighboring Maryland's state + county burden. Richmond's growing financial sector and Hampton Roads' military economy create stable mid-wage employment.

At ${rate}/hr, you work roughly 78 hours each month to cover a typical 1BR in Richmond (${rent.toLocaleString()}/mo) -- that's above the 30% gross income guideline. This wage is 1.8x Virginia's minimum wage of ${ctx.minWage}/hr. Your combined effective tax rate at ${rate}/hr in Virginia is 19.6% -- federal income tax accounts for 7.6%, FICA 7.6%, and Virginia state tax 4.3%.

Virginia's economy is heavily influenced by the federal government — Northern Virginia (Arlington, Fairfax, Alexandria) hosts the Pentagon, CIA, NSA, and thousands of defense contractors. Amazon HQ2 in Arlington has accelerated tech growth. Outside NoVA, Richmond has a growing finance and healthcare sector; Hampton Roads has a major military and defense presence.

Virginia has a progressive income tax with rates from 2% to 5.75%. The standard deduction is $8,000 for single filers. NoVA workers benefit from Virginia's rates while working near DC's salaries — a significant advantage over Maryland residents who also pay county income taxes.

Virginia's minimum wage is $13.50/hr (2026).

Monthly Budget on $24/hr in Virginia

Based on $3,345/month take-home. Percentages follow common 50/30/20 guidelines adjusted for Virginia's cost of living.

Category Monthly Annual % of Net
Rent / Housing $1,500 $18,000 44.8%
Food (groceries + dining) $401 $4,812 12.0%
Transportation $334 $4,008 10.0%
Utilities $201 $2,412 6.0%
Healthcare $167 $2,004 5.0%
Entertainment $167 $2,004 5.0%
Savings (10% target) $334 $4,008 10.0%
Remaining / Surplus $241 $2,892 7.2%

Overtime Pay — $24/hr in Virginia

At time-and-a-half ($36.00/hr), here's what overtime adds to your annual net income in Virginia. Your marginal tax rate at this income level is ~19.2%.

Extra Hours/Week OT Gross/Week Net/Week (est.) Added Net/Year
5 hrs/week $180 $145 $7,250
10 hrs/week $360 $291 $14,550
20 hrs/week $720 $582 $29,100

Hours to Afford Common Purchases at $24/hr

How many hours of work (gross) to buy common items. Actual cost in after-tax hours is higher — divide by your $19.30 net hourly rate for the true cost in time.

Purchase Price Gross Hours Net Hours
Tank of gas (12 gal) $50 2.1 hrs 2.6 hrs
Week of groceries $120 5 hrs 6.3 hrs
iPhone 16 (base) $799 33.3 hrs 41.5 hrs
1 month rent (Richmond) $1,500 62.5 hrs 77.8 hrs
Used car ($10k) $10,000 416.7 hrs 518.3 hrs
Median new car ($48k) $48,000 2000 hrs 2487.5 hrs

Frequently Asked Questions

24 an hour -- is it a good wage in Virginia?

24/hr in Virginia gives you $40,138/year after taxes -- below what's needed for comfortable living in Virginia. Avg 1BR rent in Richmond: $1,500/month (exceeds the 30% rule).

What is 24 an hour after taxes in Virginia?

24/hr in Virginia = $40,138/year or $3,345/month net. Effective rate: 19.6%.

How does 24/hr go further -- Virginia or Texas?

24/hr in Virginia has similar purchasing power to ~20.2/hr in Texas.

What does 24/hr look like as a monthly budget in Virginia?

On $3,345/month in Virginia: rent $1,500, food $401, transport $334, savings $334, surplus ~$241.

How much does overtime add at 24/hr in Virginia?

At 1.5x (36.00/hr OT), 5 extra hrs/week adds ~$7,250/year net; 10 hrs/week adds ~$14,550/year.