$18 an Hour is How Much a Yearly, Monthly, Weekly, Daily?

Making $18 per hour equals $37,440 per year before taxes (based on 40-hour weeks)

Individuals earning an hourly rate of $18 can achieve a yearly gross income of $37,440 if they work 5 days a week, 8 hours a day. This equates to $720 per week and $3,120 per month. After deducting a 12% tax from the yearly gross revenue of $37,440 (which amounts to $4,493), the net yearly income will be $32,947. Consequently, after tax, the effective hourly rate will be $15.84.