$50,000 a Year Is How Much An Hour? Is $50k a Good Salary?

With the average US income at $70,430, $50,000 a year seems quite a solid income. But the real question is, is it enough to live on it? Is it a good income level to support a family?๐Ÿ‘ช๐Ÿ‘ช

The thing is, it is just slightly below the average national income. You canโ€™t make fortunes with such an amount. However, with planning, you may be able to maintain a sustainable lifestyle with a consistent income stream.๐Ÿ’ต๐Ÿ’น

$50,000 a year is how much an hour?

For comparison, we need to convert the amount from a yearly to an hourly basis. Since the average working hours are 40 hours a week, weโ€™ll take that as the basis of our calculation. ๐Ÿงฎ๐Ÿ’ป

Hereโ€™s the division of the income on a monthly, weekly, daily, and hourly basis:

  • $50,000 a year is: (50,000/12) = $4,167 a month ๐Ÿ“†
  • $50,000 a year is: (4,166.67/2) = $2,083 a fortnight
  • $50,000 a year is: (50,000/52 weeks) = $962 a week
  • $50,000 a year is: (50,000/260 working days) = $192 a day๐ŸŒž
  • $50,000 a year is: (50,000/2080) = $24 an hourโณ

So, $50000 a year is how much an hour? The answer: itโ€™s equivalent to $24.โณโณ

However, note that this is the gross income, i.e., the amount you make before deducting taxes, insurance, and other deductibles. ๐Ÿ˜‘โž•โž–

How you can make more money if $50,000 is not enough 

Realistically speaking, and after knowing $50,000 a year is how much an hour, weโ€™ll say itโ€™s not enough. It may be alright for you alone, but you may have to live hand to mouth if you have a family. So, what you should do is:

  • Try to get bonuses and increments๐Ÿ’ฐ๐Ÿ’ฐ
  • Ask the employer for a promotion๐Ÿ†๐Ÿ†
  • Look for other jobs that pay higherโฌ†๏ธ๐Ÿ‘
  • Look for options for a second income stream๐Ÿง‘โ€๐Ÿ’ผ
  • Find work or ways to earn from online jobs๐Ÿ’ป๐Ÿ’ป

Speaking of online jobs, did you know you can make some solid bucks just via your phone or laptop while sitting at home?๐Ÿช‘๐Ÿ’†

Countless opportunities require little effort and may help you make some extra bucks. There are survey sites that pay for surveys, gaming apps that pay you to play games, and even web browsers that only require you to install them. ๐Ÿ“ฒ

Take a look at legit sites that can help you make more money when $50,000 isnโ€™t enough:๐ŸŒ๐Ÿ’ธ

1. Taking surveys โœ๏ธ๐Ÿ“ƒ

My websites pay their users to take surveys and questionnaires or perform minor tasks like watching videos, being part of focus groups, etc. All these are third-party websites that companies approach to get market insights. ๐Ÿง

They take the opinion and thoughts of the general market and potential customers before launching their products or services in the market.๐ŸŽ๐ŸŽ

So, you get paid for your valuable opinion and time. The more time you spend on the site, the more surveys you take, and the more chances you can maximize your earnings.๐Ÿ‘๐Ÿ†

Here are the top three sites to earn some passive income on the go.๐Ÿ’ธ๐Ÿ’ธ


InboxDollars is a great platform to earn cash simply by taking surveys, playing games, watching videos, participating in polls, etc. You will find available surveys on various topics like sports, technology, politics, electronics, etc. ๐Ÿ”Œ๐Ÿƒ

It takes 5 to 30 minutes to complete each survey (depending on the complexity.) You can earn between $0.50 to $5 for each survey you take on the site. Then, you can encash or redeem your earnings via Paypal, prepaid visa card, gift card, and check.๐Ÿง๐ŸŽ


Another top-rated platform for taking surveys, playing games, and making money on the go by being part of such effortless and fun activities is Swagbucks. .๐Ÿช

You can earn $50 to $1,000 yearly for surveys at Swagbucks. You can redeem your earnings through PayPal, gift cards on amazon, visa rewards, and Payoneer.๐Ÿ’ณ๐Ÿ’ธ๐Ÿ’

Survey Junkie๐Ÿ“ƒโœ๏ธ

With over 11 million users today, Survey Junkie stands out as a platform for earning rewards and easily making hard cash on the go. You can access the app and participate in surveys and questionnaires if you have some spare minutes during your break at work or while getting home.๐Ÿ“ฑ๐Ÿ“ฑ

Another way to make the most of the app is via Survey Pulse. That gives you access to more surveys than an average user. All these surveys are sent to you based on your demographics, interests, shopping habits, and ads or websites you view regularly.๐ŸŒ๐ŸŒ

The amount you earn also depends on your location, interests, and other aspects of your profile. Some users have also reported earning $200 per month! But a basic minimum is around $2 to $5 per hour.โŒš๐Ÿ’ธ

You can redeem your earnings via PayPal, bank transfer, or electronic gift cards. ๐ŸŽ๐ŸŽ

2. Playing games๐ŸŽฎ๐Ÿ•น๏ธ

A fun and relaxing way to earn money is by playing games! Just imagine when you wish to relax your mind, take out your phone and start a game of Candy Crush. Imagine being paid for a game like that. ๐ŸŽฎ๐Ÿ’ฐ

Bingo Cash

Bingo Cash is one platform where you can earn money to play games with other users worldwide and win cash and prizes. The key features of the app are:๐Ÿ’ต

  • Play games like Angry Birds, Wheel of Fortune, and Solitaire for free and earn cash prizes for each game!๐ŸŽฎ๐Ÿ’ต
  • Be part of tournaments and connect with and learn about various cultures worldwide!๐ŸŒŽ๐ŸŒŽ
  • The top-paying games include word games, fighting games, casinos, poker, arcade, and strategic games.๐ŸŽฏ๐ŸŽฏ

These games are backed by game developers who want to test the waters before they launch their products in the market. They pay members for completing short tasks as Paypal cash rewards or via amazon gift cards.๐ŸŽ๐Ÿ’ต

You can earn as much as $1 for installing the app and creating your profile and up to $50 for achieving a level in 40 days. It all depends on how much time you invest in the app.

People who love games and can give the most time to them have made $60,000 a year!  โฌ†๏ธโฌ†๏ธ

Remember how much $50,000 a year is, how much an hour? At Bingo Games, you can make as much as $15,000 an hour!โณโณ


At Swagbucks, you earn SB, a virtual currency, for every task you finish. The site offers many interactive user games besides signing up bonuses, referrals, and surveys.๐ŸŽฎ๐Ÿ•น๏ธ

There are answering trivia, videos, internet searches, and other activities that add SB points to your profile.๐ŸŒ๐Ÿ’ฏ

Swagbucks partners with GSN (Game Show Network) to enable avid gamers to play games and make purchases while earning Sb on the platform.๐Ÿ’ฒ๐Ÿ’ต

The earnings are encashed through PayPal, discounts, freebies, and gift cards redeemable at Amazon, Walmart, Uber, Starbucks, etc.๐Ÿš—โ˜•๐Ÿ’ณ

3. Browsing the Web โ€“ Earn Free BAT Crypto๐Ÿค‘๐Ÿ’ฒ

You can also earn cryptocurrency by installing and using browsers like โ€˜Braveโ€™ as your default browser for web searches, emails, etc.๐ŸŒ๐ŸŒ

The browser is compatible with various devices and operating systems, so installation is a breeze. It also keeps you safe from web tracking and popups and hides your traffic via Tor. ๐Ÿ˜ƒ๐Ÿ‘ฎ

All it requires is installation and the user agreeing to watch the ads it runs, all sent as push notifications. Then you also earn BAT for using the browser for daily web browsing and checking emails, etc.๐Ÿ“จ๐Ÿ“ฉ

The earnings are stored in your Brave wallet and can be redeemed as gift cards. You can also trade them as a cryptocurrency or use them for purchases.๐Ÿ‘›๐Ÿ’ฒ

4. Reading Emails๐Ÿ“–๐Ÿ“จ

Another easy peasy way to earn is to read a few lines of emails whenever you get the time and earn! 

Websites like Inbox Dollars, Inbox Pays, and Branded Surveys, amongst the list of other activities and potential for earning money on the go, also pay users to read emails they send.๐ŸŒ๐Ÿ“จ

Usually, these emails include information about branded products and services and, sometimes, offer special discounts or offers for users.๐ŸŽ๐ŸŽ

You can encash or redeem your earnings via gift cards, PayPal, etc.๐ŸŽ๐Ÿง

Is $50,000 a year a good salary?๐Ÿค”๐Ÿค”

The answer to whether $50,000 is a good salary or not is quite relative. You can pay off your basic rent and cover your expenses; with some budgeting, you can save and invest.โœ…โœ…

At $24 earned per hour, you are considered middle class in the US, so consider yourself better off than many.๐Ÿ˜‡๐Ÿ˜‡

$50,000 a year is how much after taxes?๐Ÿ“Ÿ๐Ÿฅต

Since we already calculated $50000 a year is how much an hour, we know the gross income. But thatโ€™s not the amount of money that reaches your account. There will be specific deductibles and taxes that apply.๐Ÿง๐Ÿ’ฐ

Now itโ€™s easy to calculate the federal income tax applicable on the $50,000 annual income. However, the state laws vary for each state. Smaller states have low state taxes, and big states like New York City have higher state taxes. 

Click here to know the percentages of taxes applicable across all the states of the US.๐Ÿค”๐Ÿ—ฝ

On average, the taxed amount will be:

  • Federal tax applicable: 20% 
  • State Tax: 4%
  • Medicare and social security 7.65%

So $50,000 after these taxes and deductibles becomes $38,175 on average.โœ…โœ…

$38,175/2080 hours = $18.35 per hour.โฑ๏ธโŒ›

Tips to living on $50,000 a yearโœ…๐Ÿค”

Here are some tips for making the most of $50,000  a year:๐Ÿ’ธ๐Ÿ’ฒ

  • Use the 50/30/20 budget rule:
    • 50% of income should go towards rent, groceries, and other utilities๐Ÿ›’๐Ÿช
    • 30% should be kept for food, clothes, and other basics
    • 20% should be for savings and payment of debts.
  • Limit dine-outs and make home meals when possible.๐Ÿฅช๐ŸŒฎ
  • Carpool with friends or neighbors to save up on fuel and travel expenses.โ›ฝ๐Ÿš•
  • Pay off any pending debts๐Ÿง๐Ÿฆ
  • You can also look into using coupons. ๐Ÿ“ƒ๐Ÿ“„

Final words๐Ÿค”๐Ÿง

So with the knowledge that $50000 a year is how much an hour, i.e., $24, while you may not be able to build palaces, you can enjoy a certain satisfactory and comfortable living level.โœ…โœ…

With meticulous planning and budgeting, you can make the most of your earnings. Then you can also try the alternatives to earn via passive income and up your lifestyle.๐Ÿ’ธ๐Ÿ’ฒ 

However, if you plan a big expense shortly, like buying a home, you may need to consider adding a second income stream or switching careers.๐Ÿฃ๐Ÿง‘โ€๐Ÿ’ผ


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