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Hourly to Salary Calculator
Convert your hourly wage to an annual salary. Enter your rate and hours to see your pay per day, week, two weeks, month and year, with optional overtime and unpaid time off.
Gross (before tax) estimate. To see take-home pay, use the Paycheck Calculator.
How to use the hourly to salary calculator
- Enter your hourly rate. Use the rate before taxes.
- Enter your regular hours per week. Full time is usually 40. Part-time is often 20 to 30.
- Enter days per week. This is only used to show your daily pay.
- Enter weeks worked per year. Use 52 if you are paid all year. Use a smaller number if you take unpaid time off.
- Add overtime if you have it. Overtime hours are paid at time and a half (1.5 times your rate).
- Press Convert to salary. You get your pay per day, week, two weeks, half month, month and year.
What is the formula to convert hourly pay to annual salary?
The basic formula is:
Annual salary = hourly rate × hours per week × weeks per year
A standard full-time year has 52 weeks and 40 hours a week, which is 2,080 hours. So a fast way to get a yearly salary is to multiply your hourly rate by 2,080. For example, $18.50 × 2,080 = $38,480.
With overtime, the formula becomes: (hourly rate × regular hours + hourly rate × 1.5 × overtime hours) × weeks per year. At $25 an hour with 5 overtime hours a week, you earn $1,000 regular pay plus $187.50 overtime pay each week, which is $1,187.50 a week or $61,750 a year. To work out overtime for a specific week, use the Overtime Calculator.
Hourly to salary chart for full-time work
This chart assumes 40 hours a week for 52 weeks (2,080 hours a year). All amounts are gross pay before taxes.
| Hourly rate | Yearly salary | Monthly | Biweekly | Weekly |
|---|---|---|---|---|
| $7.25 | $15,080 | $1,257 | $580 | $290 |
| $12.00 | $24,960 | $2,080 | $960 | $480 |
| $15.00 | $31,200 | $2,600 | $1,200 | $600 |
| $18.00 | $37,440 | $3,120 | $1,440 | $720 |
| $20.00 | $41,600 | $3,467 | $1,600 | $800 |
| $25.00 | $52,000 | $4,333 | $2,000 | $1,000 |
| $30.00 | $62,400 | $5,200 | $2,400 | $1,200 |
| $35.00 | $72,800 | $6,067 | $2,800 | $1,400 |
| $40.00 | $83,200 | $6,933 | $3,200 | $1,600 |
| $50.00 | $104,000 | $8,667 | $4,000 | $2,000 |
The first row, $7.25, is the federal minimum wage. At full time it comes to $15,080 a year before taxes. Many states and cities set a higher minimum wage, so check your local rate.
How much is $20 an hour per year?
At $20 an hour and 40 hours a week, you earn $800 a week, $3,467 a month and $41,600 a year before taxes. If you work fewer hours, the yearly figure drops in line with your hours:
| Hours per week (at $20/hour) | Weekly pay | Yearly pay | Monthly pay |
|---|---|---|---|
| 20 hours | $400 | $20,800 | $1,733 |
| 25 hours | $500 | $26,000 | $2,167 |
| 30 hours | $600 | $31,200 | $2,600 |
| 32 hours | $640 | $33,280 | $2,773 |
| 35 hours | $700 | $36,400 | $3,033 |
| 40 hours | $800 | $41,600 | $3,467 |
How much is $25 an hour per year?
At $25 an hour and 40 hours a week, you earn $1,000 a week and $52,000 a year before taxes. That is $4,333 a month, $2,000 every two weeks and $1,000 a week. Every extra $1 an hour adds $2,080 a year at full time. A raise from $25 to $27 an hour adds $4,160 a year.
How do unpaid weeks off change my yearly salary?
Most people who are paid hourly do not get paid for every week of the year. Unpaid vacation, a gap between jobs, seasonal work or unpaid holidays all reduce the number of weeks you are paid for. The table shows $25 an hour at 40 hours a week:
| Unpaid weeks off | Paid weeks | Yearly pay | Monthly average |
|---|---|---|---|
| 0 weeks | 52 | $52,000 | $4,333 |
| 1 weeks | 51 | $51,000 | $4,250 |
| 2 weeks | 50 | $50,000 | $4,167 |
| 3 weeks | 49 | $49,000 | $4,083 |
| 4 weeks | 48 | $48,000 | $4,000 |
If your job gives paid time off, those weeks are paid and you should still count them as 52. If your time off is unpaid, subtract those weeks in the calculator.
Hourly vs salary: what is the difference?
If you are paid hourly, you earn money for each hour you work, and extra hours mean extra pay. Most hourly workers in the United States are “non-exempt” under the Fair Labor Standards Act (FLSA), which means they must be paid overtime at 1.5 times their regular rate for hours over 40 in a workweek. If you are paid a salary, you get the same amount each pay period regardless of the exact hours. Some salaried employees are “exempt” from overtime, but only if they meet the Department of Labor's tests for both salary level and job duties. A salary alone does not decide it.
When you compare an hourly job with a salaried offer, convert both to the same basis. Divide the yearly salary by 2,080 to get an hourly equivalent. For example, a $65,000 salary is about $31.25 an hour. Then think about the hours you will really work. If a salaried job asks for 50 hours a week, the real hourly rate is lower: $65,000 divided by 2,600 hours is $25 an hour.
How do I convert salary to hourly?
Reverse the formula: hourly rate = annual salary ÷ (hours per week × weeks per year). For a full-time job, divide by 2,080. A $52,000 salary is $25 an hour, and a $78,000 salary is $37.50 an hour. If you work 45 hours a week, divide by 2,340 (45 × 52) instead.
Why do some calculators use 2,080 hours and others 2,087?
A year has 52 weeks plus one or two extra days. Multiplying 40 hours by 52 weeks gives 2,080 hours, which is the number most employers use. Some government and payroll systems use 2,087 hours to allow for the extra day or two in a calendar year. The difference is only about 0.3%. This calculator uses the weeks you enter, so you control the result.
Is the number before or after taxes?
Everything here is gross pay, the amount before any taxes or deductions. Your take-home pay will be lower after federal income tax, state income tax, Social Security and Medicare (FICA), and deductions such as health insurance or retirement contributions. To see what you would actually receive in each paycheck, enter your gross pay per paycheck in the Paycheck Calculator.
Things that can change your real yearly pay
- Overtime. Extra hours over 40 a week are paid at a higher rate, so they raise your yearly total quickly.
- Changing hours. If your schedule changes each week, add up your hours in the Time Card Calculator and use the average.
- Unpaid breaks. Unpaid lunch breaks reduce your paid hours. If you are at work 9 hours but take a one-hour lunch, you are paid for 8. The Work Hours Calculator handles this.
- Bonuses, tips and shift pay. These are not part of your base hourly rate, so add them separately.
- Benefits. Health insurance, retirement matching and paid time off have real value even though they are not in your hourly rate.
Frequently asked questions
How do I convert hourly to annual salary?
Multiply your hourly rate by your hours per week and then by 52 weeks. For a full-time job, that is your hourly rate times 2,080. For example, $20 an hour times 2,080 is $41,600 a year before taxes.
How many hours are in a work year?
A standard full-time work year has 2,080 hours: 40 hours a week for 52 weeks. Some payroll systems use 2,087 hours, a difference of about 0.3%.
How much is $25 an hour per year?
At 40 hours a week for 52 weeks, $25 an hour is $52,000 a year before taxes, about $4,333 a month or $1,000 a week.
How much is $20 an hour per year?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year before taxes, about $3,467 a month or $800 a week.
How do I convert salary to an hourly rate?
Divide your yearly salary by your hours per year. For a full-time job, divide by 2,080. A $52,000 salary is $25 an hour. If you work more than 40 hours a week, divide by your real yearly hours.
Does this include overtime?
Yes, if you enter overtime hours. The calculator pays those hours at 1.5 times your hourly rate, which is the federal overtime rate for non-exempt employees over 40 hours in a workweek.
Is the result before or after taxes?
It is gross pay, before taxes and deductions. Use the Paycheck Calculator to estimate take-home pay after tax.
What is the yearly pay at the federal minimum wage?
The federal minimum wage is $7.25 an hour. At 40 hours a week for 52 weeks, that is $15,080 a year before taxes. Many states and cities have a higher minimum wage.
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Sources and further reading
- U.S. Department of Labor: Minimum Wage
- U.S. Department of Labor: Fact Sheet #23, Overtime Pay Requirements of the FLSA
- U.S. Department of Labor: Overtime Pay
This calculator gives estimates for information only. It is not financial, tax, legal or medical advice. Found a mistake? Tell us and we will fix it.