£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 2025/26, 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:
- Experienced nurse (NHS band 6)
- Structural engineer (early career)
- Solicitor (newly qualified, regions)
- Data analyst
- Project coordinator
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.
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