Salary Calculator
Convert hourly wage to annual salary, or break down your yearly pay by month, week, and hour.
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Convert hourly wage to annual salary, or break down your yearly pay by month, week, and hour.
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Common questions and guides for using the Salary Calculator.
Assuming a standard 40-hour work week and 52 weeks in a year (2,080 working hours total), earning $20 per hour results in a gross annual salary of $41,600 before taxes.
Assuming a standard 40-hour work week and 52 weeks in a year (2,080 working hours total), earning $25 per hour results in a gross annual salary of $52,000 before taxes.
Assuming a standard 40-hour work week and 52 weeks in a year (2,080 working hours total), earning $30 per hour results in a gross annual salary of $62,400 before taxes.
Your take-home (net) salary depends on federal, state, and local income taxes, plus FICA deductions (Social Security and Medicare). You can estimate your take-home pay using our Paycheck Calculator.
To calculate annual salary from hourly pay, multiply your hourly wage by hours worked per week, then multiply by weeks worked per year (typically 52). E.g., $30/hr * 40 hrs * 52 weeks = $62,400.
To convert salary to hourly pay, divide your gross annual salary by the total working hours in a year (standard is 2,080 hours for full-time work). E.g., $50,000 / 2,080 ≈ $24.04 per hour.
To convert hourly pay to salary, multiply your hourly rate by your weekly working hours (e.g., 40) and then by 52 (weeks in a year) to find the annual gross amount.
To find your monthly gross salary, divide your annual gross salary by 12. E.g., a $60,000 annual salary yields a monthly gross wage of $5,000.
Overtime is usually calculated at "time-and-a-half" (1.5 times your regular hourly rate) for hours worked beyond 40 in a single workweek, as mandated by the Fair Labor Standards Act (FLSA).
The basic Salary Calculator provides gross wage breakdowns (before taxes). To see net earnings after income tax withholdings, please use our Paycheck Calculator.
Deductions that reduce take-home pay include federal and state income taxes, FICA (7.65% for Social Security and Medicare), health insurance premiums, retirement contributions (like a 401k), and pre-tax HSA contributions.
The salary calculator uses standard mathematical conversions based on your inputs. It is 100% accurate for converting gross wages across hourly, daily, weekly, bi-weekly, monthly, and annual periods.
Yes! By converting different payment structures (e.g., hourly vs. salaried) to the same period (annual or monthly) using this tool, you can easily compare the gross value of multiple job offers.
While standard income standards vary, a gross annual salary of $75,000 or above is typically considered good in the United States, as it exceeds the national median household income.
A comfortable salary depends on local cost-of-living index rates. In low cost-of-living states, $50,000–$60,000 is often comfortable, whereas metropolitan hubs (like NYC or SF) can require $100,000+.
Common employer payment cycles include weekly (52 checks/yr), bi-weekly (26 checks/yr), semi-monthly (24 checks/yr), and monthly (12 checks/yr).
Standard salary conversions focus on base wages. Variable bonuses, sales commissions, benefits packages, and stock options are not included unless you explicitly factor them into your gross numbers.