Accountants and Auditors
Median $38.57 an hour in Illinois · 54,930 jobs
Illinois · 2026 take-home pay
$40 an hour after taxes in Illinois
At $40 an hour in Illinois you keep about $30.47 of every hour — $1,219 a week, $5,282 a month or $63,388 a year full time — after 2026 federal income tax, Social Security, Medicare and Illinois income tax. Illinois has a flat 4.95% income tax, and its minimum wage is $15.00 an hour.
Where $40 an hour goes
| A year | A week | An hour | |
|---|---|---|---|
| Gross pay | $83,200 | $1,600 | $40.00 |
| Federal income tax | −$9,474 | −$182 | −$4.55 |
| Social Security (6.2%) | −$5,158 | −$99 | −$2.48 |
| Medicare (1.45%+) | −$1,206 | −$23 | −$0.58 |
| Illinois income tax | −$3,974 | −$76 | −$1.91 |
| Take-home pay | $63,388 | $1,219 | $30.47 |
Effective tax rate 23.8% · federal bracket 22% · Illinois bracket 4.95%.
Take-home per paycheck
| Paid | Gross | Take-home |
|---|---|---|
| Weekly (52 paychecks) | $1,600.00 | $1,218.99 |
| Every two weeks (26) | $3,200.00 | $2,437.98 |
| Twice a month (24) | $3,466.67 | $2,641.15 |
| Monthly (12) | $6,933.33 | $5,282.30 |
$40 an hour at different hours
Take-home in Illinois for part-time, full-time and overtime weeks. Overtime is paid at 1.5 times $40 an hour for hours over 40, as federal law requires for most hourly workers.
| Schedule | Gross a week | Take-home a week | Take-home a year |
|---|---|---|---|
| 20 hours a week* | $800 | $648 | $33,691 |
| 30 hours a week | $1,200 | $950 | $49,374 |
| 40 hours a week | $1,600 | $1,219 | $63,388 |
| 40 hours + 5 overtime | $1,900 | $1,415 | $73,590 |
| 40 hours + 10 overtime | $2,200 | $1,611 | $83,792 |
*If this is your only job. With a second job, withholding on each is likely too low unless you adjust your W-4.
Is $40 an hour good pay in Illinois?
- Minimum wage: $40 an hour is 2.7 times Illinois's minimum wage of $15.00 an hour. Employers with 4 or more employees. Chicago sets a higher minimum.
- Among Illinois workers: It's about the 75th percentile of hourly pay in Illinois (BLS, May 2025) — roughly 75 in 100 workers earn less. The median is $24.98 an hour.
- Local prices: Illinois's price level is 100% of the U.S. average (BEA Regional Price Parities), so $63,388 a year buys about what $63,414 would at national-average prices.
- Rent: the 30% rule points to about $2,080 a month. Check it with your debts.
- A 50/30/20 budget: about $2,641 a month for needs, $1,585 for wants and $1,056 for savings. Plan it in the budget calculator.
Jobs in Illinois that pay about $40 an hour
Occupations whose median wage in Illinois is within 4% of $40 an hour, most common first. Source: BLS OEWS May 2025.
Business Operations Specialists, All Other
Median $39.46 an hour in Illinois · 32,940 jobs
First-Line Supervisors of Mechanics, Installers, and Repairers
Median $39.99 an hour in Illinois · 17,710 jobs
Logisticians
Median $38.51 an hour in Illinois · 14,170 jobs
Compliance Officers
Median $38.73 an hour in Illinois · 10,650 jobs
Radiologic Technologists and Technicians
Median $38.43 an hour in Illinois · 7,650 jobs
How Illinois compares on $40 an hour
Illinois ranks 41st of 51 for take-home pay on $40 an hour (1st = keeps the most). Here it is next to its neighbors.
| State | After tax, per hour | A year | Minimum wage | vs Illinois |
|---|---|---|---|---|
| Illinois | $30.47 | $63,388 | $15.00 | — |
| Iowa | $31.18 | $64,851 | $7.25 | +$1,463 a year |
| Indiana | $31.22 | $64,936 | $7.25 | +$1,548 a year |
| Kentucky | $31.04 | $64,567 | $7.25 | +$1,179 a year |
| Missouri | $30.96 | $64,388 | $15.00 | +$1,000 a year |
| Wisconsin | $30.74 | $63,931 | $7.25 | +$543 a year |
How the federal tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 minus the 2026 standard deduction ($16,100) = $67,100. Each slice is taxed at its own rate:
| Rate | Income in this bracket | Tax |
|---|---|---|
| 10% | $12,400 | $1,240 |
| 12% | $38,000 | $4,560 |
| 22% | $16,700 | $3,674 |
| Total | $67,100 | $9,474 |
How the Illinois income tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 of Illinois wages minus $2,925 in exemptions = $80,275.
| Rate | Income in this bracket | Tax |
|---|---|---|
| 4.95% | $80,275 | $3,974 |
| Total | $80,275 | $3,974 |
Common questions
How much is $40 an hour after taxes in Illinois?
About $30.47 for every hour you work, or $63,388 a year at 40 hours a week ($83,200 gross). Taxes take about 23.8% of your pay, for a single filer in 2026 with no pre-tax deductions.
How much is $40 an hour a week after taxes in Illinois?
About $1,219 a week at 40 hours, from $1,600 gross. Paid every two weeks, each paycheck is about $2,438.
How much is $40 an hour a month after taxes in Illinois?
About $5,282 a month at 40 hours a week, from $6,933 gross.
Is $40 an hour good pay in Illinois?
$40 an hour is 2.7 times Illinois's minimum wage of $15.00 an hour. It's about the 75th percentile of hourly pay in Illinois (BLS, May 2025) — roughly 75 in 100 workers earn less. The median hourly wage for all jobs in Illinois is $24.98. After taxes and local prices, $63,388 a year buys about what $63,414 would at national-average prices.
Is Illinois a high-tax state for $40 an hour?
It ranks 41st of 51 among the 50 states and D.C. for take-home on $40 an hour. The most you'd keep is $67,361 a year, in 7 places including Florida, New Hampshire, Nevada; the least, $61,101 in Oregon.
More hourly rates
Other hourly rates in Illinois
- $36 an hour in Illinois
- $37 an hour in Illinois
- $38 an hour in Illinois
- $39 an hour in Illinois
- $45 an hour in Illinois
- $50 an hour in Illinois
$40 an hour in every state · $80,000 a year in Illinois · $85,000 a year in Illinois · Illinois paycheck calculator · All pay conversions
Sources and method
Our 2026 engine applies IRS Publication 15-T withholding, Social Security and Medicare, Illinois's income tax rules (methodology). Local income taxes are not included. Minimum wages: U.S. Department of Labor. Wage distribution and jobs: BLS OEWS May 2025. Price levels: BEA Regional Price Parities.
- Publication 15-T (2026), Federal Income Tax Withholding Methods — Internal Revenue Service. Accessed October 14, 2026.
- State Minimum Wage Laws — U.S. Department of Labor, Wage and Hour Division. Accessed October 14, 2026.
- Occupational Employment and Wage Statistics, May 2025 — U.S. Bureau of Labor Statistics. Accessed October 14, 2026.
- Regional Price Parities by State — U.S. Bureau of Economic Analysis. Accessed October 14, 2026.