£24 Per Hour Is How Much a Year?

£24 an hour is £46,800 a year before tax (37.5 hrs/week). After tax you take home £3,101 a month.

£24/hour = Annual Salary
£46,800
gross per year (37.5 hours/week)
Take Home Yearly
£37,216
Take Home Monthly
£3,101
Take Home Weekly
£716
Take Home Daily
£143
Tax Breakdown
Gross salary (££24/hr × 37.5hrs × 52wks)£46,800
Income tax-£6,846
National Insurance-£2,738
Take home pay£37,216/yr (£3,101/mo)

£24 an Hour — Full Breakdown

If you earn £24 per hour and work a standard 37.5-hour week, your gross annual salary is £46,800. After income tax and National Insurance for 2026/27, your take home pay is £37,216 per year or £3,101 per month.

Is £24 Per Hour a Good Wage?

£24 per hour is a strong wage — 45% above the UK median and well into the top third of earners. Your annual equivalent of £46,800 puts you in a comfortable financial position in most of the UK. You are earning enough to build savings, contribute meaningfully to a pension, and handle most living costs without stress. At this rate you might also want to consider salary sacrifice schemes to reduce your tax bill. Check whether £24/hr is a good hourly rate for your specific sector.

What Does £24/Hour Get You?

On a 37.5-hour week, £24/hr gives you £3,101 per month after tax and National Insurance (or £716 per week). Here is what that looks like in practice:

At £3,101 per month take-home, you have meaningful financial breathing room. Housing costs of £930 could get you a decent one-bed or small two-bed in most cities. After bills (£310), food (£372), and transport (£248), you would still have roughly £1,241 for savings, investments, holidays, and discretionary spending. At this income, increasing your pension contribution above the default 5% is a smart move — especially through salary sacrifice which also reduces your NI.

Who Earns Around £24 Per Hour?

At £24 per hour, you are looking at experienced professional and specialist roles. Typical job titles at this rate include:

Salaries vary by location, employer, and experience. Use our take-home pay calculator to see your exact figures.

Moving Up from £24/Hour

At £24/hr you are already earning above the UK median, so career moves should be strategic. Specialisation is key: niche skills command premium rates. In tech, learning cloud (AWS/Azure) or data engineering can push you to £30–40/hr. For professionals, chartered status (RICS, ICE, CIMA, ACCA) significantly boosts earning potential. Management and team leadership roles typically add £3–8/hr on top of individual contributor rates. If you are in the NHS, moving from band 6 to band 7 is the biggest pay jump — seek secondments and specialist training. Consider what £30/hr looks like: £30/hr take-home pay.

How This Compares

The UK median hourly wage is around £16.50. At £24 per hour, you are earning roughly 45% more than the typical UK worker, placing you comfortably in the top third of earners. Your gross annual equivalent of £46,800 is within the basic-rate tax band but approaching the higher-rate threshold (£50,270). This is a strong income that allows comfortable living, meaningful savings, and financial security in virtually every part of the UK.

Is £24 an Hour Good UK?

Yes, £24 an hour is a very good wage in the UK. It is roughly 45% above the median hourly rate of £16.50 and places you in the top third of earners. Your gross annual salary of £46,800 provides comfortable living standards across most regions, with room for meaningful savings and pension contributions.

What Jobs Pay £24 an Hour UK?

Jobs paying around £24 an hour in the UK include experienced NHS nurses (band 6), structural engineers, newly qualified solicitors outside London, data analysts, and project coordinators. Many mid-career professionals in IT, finance, and healthcare earn in this range.

Related Hourly Rates

See also: £46,800 salary after tax · £3,101/month take home · UK professions & salaries

Different hours or want to add student loans?

Use our full calculator →

Other Hourly Rates

See the full salary breakdown: £46,800 salary after tax