Hourly to Salary Converter
Calculate your annual, monthly, weekly, and daily salary from your hourly wage
$
Annual Salary
$52,000
Monthly Salary
$4,333
Weekly Salary
$1,000
Daily Salary
$200
Quick Conversions
Calculation Formula
The conversion from hourly wage to annual salary follows this formula:
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
For monthly salary, divide the annual salary by 12. For weekly salary, multiply hourly rate by hours per week. For daily salary, divide weekly salary by working days per week (typically 5).
Common Hourly Rates to Annual Salary
This table shows popular hourly wages converted to annual, monthly, and weekly salaries based on 40 hours per week for 52 weeks per year:
| Hourly Rate | Annual Salary | Monthly Salary | Weekly Salary |
|---|---|---|---|
| $10/hour | $20,800 | $1,733 | $400 |
| $12/hour | $24,960 | $2,080 | $480 |
| $15/hour | $31,200 | $2,600 | $600 |
| $18/hour | $37,440 | $3,120 | $720 |
| $20/hour | $41,600 | $3,467 | $800 |
| $25/hour | $52,000 | $4,333 | $1,000 |
| $30/hour | $62,400 | $5,200 | $1,200 |
| $35/hour | $72,800 | $6,067 | $1,400 |
| $40/hour | $83,200 | $6,933 | $1,600 |
| $45/hour | $93,600 | $7,800 | $1,800 |
| $50/hour | $104,000 | $8,667 | $2,000 |
| $60/hour | $124,800 | $10,400 | $2,400 |
| $75/hour | $156,000 | $13,000 | $3,000 |
| $100/hour | $208,000 | $17,333 | $4,000 |
Step-by-Step Calculation Examples
Example 1: Standard Full-Time Position
Given: $25 per hour, 40 hours per week, 52 weeks per year
Calculation:
- Annual: $25 × 40 × 52 = $52,000
- Monthly: $52,000 ÷ 12 = $4,333.33
- Weekly: $25 × 40 = $1,000
- Daily: $1,000 ÷ 5 = $200
Example 2: With Unpaid Leave
Given: $30 per hour, 40 hours per week, 50 weeks per year (2 weeks unpaid)
Calculation:
- Annual: $30 × 40 × 50 = $60,000
- Monthly: $60,000 ÷ 12 = $5,000
- Weekly: $30 × 40 = $1,200
- Daily: $1,200 ÷ 5 = $240
Example 3: Part-Time Position
Given: $18 per hour, 25 hours per week, 52 weeks per year
Calculation:
- Annual: $18 × 25 × 52 = $23,400
- Monthly: $23,400 ÷ 12 = $1,950
- Weekly: $18 × 25 = $450
- Daily: $450 ÷ 5 = $90
Popular Hourly Wage Conversions
Here are the most commonly searched hourly rates and their annual equivalents:
$15 per hour Annual Salary
At $15 per hour working 40 hours per week for 52 weeks, your annual salary is $31,200. This equals $2,600 monthly, $600 weekly, or $120 daily.
$20 per hour Annual Salary
At $20 per hour working 40 hours per week for 52 weeks, your annual salary is $41,600. This equals $3,467 monthly, $800 weekly, or $160 daily.
$25 per hour Annual Salary
At $25 per hour working 40 hours per week for 52 weeks, your annual salary is $52,000. This equals $4,333 monthly, $1,000 weekly, or $200 daily.
$30 per hour Annual Salary
At $30 per hour working 40 hours per week for 52 weeks, your annual salary is $62,400. This equals $5,200 monthly, $1,200 weekly, or $240 daily.
Work Hours Breakdown
Different working schedules result in different total annual hours. Here’s how various weekly hours translate to annual work hours:
| Hours per Week | Annual Hours (52 weeks) | Annual Hours (50 weeks) | Work Schedule |
|---|---|---|---|
| 20 hours | 1,040 hours | 1,000 hours | Part-time |
| 25 hours | 1,300 hours | 1,250 hours | Part-time |
| 30 hours | 1,560 hours | 1,500 hours | Part-time |
| 35 hours | 1,820 hours | 1,750 hours | Full-time |
| 40 hours | 2,080 hours | 2,000 hours | Full-time |
| 45 hours | 2,340 hours | 2,250 hours | Full-time+ |
| 50 hours | 2,600 hours | 2,500 hours | Extended |
Factors Affecting Your Calculation
- Paid Time Off (PTO): If you receive paid vacation, holidays, and sick days, use 52 weeks. If these are unpaid, subtract the weeks you won’t work from 52.
- Overtime Pay: Regular hourly to salary conversions don’t include overtime. If you regularly work overtime at time-and-a-half or double-time, your actual annual earnings will be higher.
- Benefits Value: Employer-provided benefits like health insurance, retirement contributions, and bonuses add to your total compensation but aren’t reflected in base salary calculations.
- Tax Implications: The calculated salary is gross income before taxes. Your take-home pay will be lower after federal, state, and local taxes, plus FICA contributions.
- Part-Time vs Full-Time: Full-time typically means 35-40 hours per week with benefits. Part-time positions often have fewer hours and may not include benefits.
- Seasonal Work: If your employment is seasonal, adjust the weeks per year to reflect only the period you work.
When to Use This Converter
- Job Comparison: Compare hourly positions with salaried positions to determine which offers better compensation.
- Budget Planning: Calculate your expected annual income to create accurate personal budgets and financial plans.
- Loan Applications: Many loan and mortgage applications require annual salary figures rather than hourly rates.
- Salary Negotiations: Convert your current hourly rate to annual salary when negotiating raises or new positions.
- Tax Planning: Estimate annual income for tax bracket planning and withholding adjustments.
- Freelance Rate Setting: Determine appropriate hourly rates when you know your desired annual income.
Frequently Asked Questions
How many hours are in a work year?
A standard work year contains 2,080 hours, calculated as 40 hours per week multiplied by 52 weeks. However, this varies based on your actual working hours and whether you take unpaid leave. If you work 50 weeks (with 2 weeks unpaid vacation), the total is 2,000 hours.
Should I use 50 or 52 weeks when calculating annual salary?
Use 52 weeks if you receive paid time off for vacations and holidays. Use 50 weeks if you take 2 weeks of unpaid leave. Adjust accordingly for different amounts of unpaid time off. Most full-time salaried positions include paid time off, so 52 weeks is typically appropriate.
Does hourly to salary conversion include overtime?
No, standard conversions assume regular pay rates only. Overtime is typically paid at 1.5× or 2× your regular rate for hours beyond 40 per week. If you regularly work overtime, your actual annual earnings will exceed the calculated salary. Track overtime separately for accurate income projections.
How do I calculate monthly salary from hourly wage?
First, calculate annual salary (hourly rate × hours per week × 52 weeks), then divide by 12. For example, $20/hour at 40 hours/week equals $41,600 annually, which is $3,467 per month. Alternatively, multiply your hourly rate by hours per week, then multiply by 4.33 (average weeks per month).
What’s the difference between gross and net salary?
Gross salary is your total earnings before any deductions. Net salary (take-home pay) is what you receive after taxes, Social Security, Medicare, insurance premiums, and other deductions. This converter calculates gross salary. Your net pay is typically 70-80% of gross, depending on tax brackets and deductions.
How accurate are hourly to salary calculations?
Calculations are mathematically accurate for the inputs provided. However, actual annual earnings may vary due to overtime, unpaid leave, schedule changes, or fluctuating hours. Use this converter as an estimate for financial planning, but track actual earnings for precise income records.
Can I use this converter for part-time jobs?
Yes, simply enter your actual hours per week. For example, if you work 25 hours per week at $15/hour, your annual salary would be $19,500 (assuming 52 weeks). Part-time calculations follow the same formula as full-time positions.
What is considered full-time employment?
The IRS defines full-time as at least 30 hours per week or 130 hours per month. However, employers typically consider 35-40 hours per week as full-time. The Fair Labor Standards Act (FLSA) doesn’t specify a standard, but 40 hours per week is the traditional benchmark in the United States.
How do I account for paid holidays in my calculation?
If your employer pays you for holidays, include those weeks in your calculation by using 52 weeks per year. The pay you receive for holidays is already factored into your regular compensation structure. Only subtract weeks if you take unpaid leave.
Related Conversions
Once you know your hourly wage, you can calculate other compensation metrics:
- Salary to Hourly: Convert annual salary back to hourly rate by dividing by 2,080 (or your annual work hours).
- Biweekly Pay: Multiply your hourly rate by hours per week, then multiply by 2 for biweekly pay.
- Semi-Monthly Pay: Divide annual salary by 24 to get semi-monthly pay (paid twice per month).
- Overtime Rate: Calculate time-and-a-half by multiplying hourly rate by 1.5, or double-time by multiplying by 2.
- Effective Hourly Rate: If salaried, divide annual salary by actual hours worked to find your true hourly rate.
- Benefits Value: Add employer benefit contributions to salary for total compensation calculations.
References
Bureau of Labor Statistics. (2025). “Employment Cost Index.” U.S. Department of Labor. https://www.bls.gov/ncs/ect/
Internal Revenue Service. (2025). “Employer’s Tax Guide (Circular E).” Department of the Treasury. Publication 15.
U.S. Department of Labor. (2025). “Fair Labor Standards Act (FLSA).” Wage and Hour Division. https://www.dol.gov/agencies/whd/flsa
Bureau of Labor Statistics. (2025). “Average Weekly Hours and Overtime.” Current Employment Statistics. https://www.bls.gov/ces/
Social Security Administration. (2025). “Contribution and Benefit Base.” https://www.ssa.gov/oact/cola/cbb.html