About the Hourly to Salary Converter
This hourly to salary calculator converts hourly wage ↔ daily ↔ weekly ↔ monthly ↔ annual salary. Use it to see what an hourly job pays per year, to compare a salaried offer with an hourly one, or to find your effective hourly rate. The default is the standard US full-time schedule of 40 hours a week and 52 weeks a year (2,080 hours), and you can change every assumption for part-time work or unpaid time off.
How to use
- Enter an amount and choose whether it is hourly, daily, weekly, monthly or annual pay.
- Set your hours per day, days per week and paid weeks per year (52 if your vacation is paid).
- Read all five pay periods in the list; the highlighted row is the one you entered.
- Switch the period selector to convert the amount you typed while keeping the same pay.
Formulas used
| Period | Formula | Full-time hours |
|---|---|---|
| Daily | hourly × hours per day | 8 |
| Weekly | hourly × hours per day × days per week | 40 |
| Annual | weekly × weeks per year | 2,080 |
| Monthly | annual ÷ 12 | 173.33 |
A quick rule of thumb: annual salary ≈ hourly wage × 2,000, so $25 an hour is about $50,000 a year (exactly $52,000 with 2,080 hours), and a $60,000 salary is about $30 an hour ($28.85 exactly).
Common hourly wages as annual salary
Based on 40 hours a week and 52 weeks a year.
| Hourly | Weekly | Monthly | Annual |
|---|---|---|---|
| $7.25 (federal minimum) | $290 | $1,256.67 | $15,080 |
| $15 | $600 | $2,600 | $31,200 |
| $20 | $800 | $3,466.67 | $41,600 |
| $25 | $1,000 | $4,333.33 | $52,000 |
| $30 | $1,200 | $5,200 | $62,400 |
| $50 | $2,000 | $8,666.67 | $104,000 |
Many states and cities set a higher minimum wage than the federal $7.25.
Things to keep in mind
- Results are gross pay. Federal and state income tax, Social Security, Medicare and benefit deductions reduce take-home pay.
- Non-exempt employees earn 1.5× pay for hours over 40 a week; this converter does not add overtime.
- Biweekly pay is weekly pay × 2; there are 26 biweekly paychecks a year, not 24.
- When comparing a salaried and an hourly job, also compare paid time off, health insurance and retirement matching.
FAQ
How much is $20 an hour per year?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year, $3,466.67 a month and $800 a week before taxes.
How do I convert my salary to an hourly rate?
Divide the annual salary by the hours you work in a year. For a standard 2,080-hour year, a $75,000 salary is $36.06 an hour. Select “Annual”, enter the salary and the hourly rate is shown at the top.
Why does a month have 173.33 hours?
A full-time year has 2,080 hours (40 × 52). Divided by 12 months that is 173.33 hours, which is why monthly pay is not simply weekly pay × 4.
Should I use 52 or fewer weeks?
Use 52 if you are paid for holidays and vacation. If you are paid only for the weeks you work, for example with two weeks of unpaid leave, enter 50.