Hourly to Annual Salary Calculator
Convert an hourly wage to annual salary, monthly income, and weekly pay. Includes overtime, part-time, and different work-week calculations.
💰 Finance📐 Annual = Hourly x Hours/Week x 52 weeks
Hourly wage ($)
Hours per week
Weeks off per year (vacations, etc.)
Overtime hours/week (if any)
Please enter valid values.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Hourly to Annual Salary Calculator | Annual = Hourly x Hours/Week x 52 weeks | $/year |
Step-by-Step Examples
Example 1
Full-Time $22.50
$22.50/hr, 40 hrs/wk, 2 weeks off.
- $22.50 x 40 x 50 = $45,000/year
- Monthly: $3,750 | Biweekly: $1,731
✓ $45,000/year
Example 2
Part-Time $18
$18/hr, 25 hrs/wk, no vacation.
- $18 x 25 x 52 = $23,400/year
✓ $23,400/year
Example 3
$15 With Overtime
$15/hr, 40 hrs + 10 OT, 50 weeks.
- Regular: $15x40 = $600 | OT: $22.50x10 = $225
- Weekly: $825 x 50 = $41,250/year
✓ $41,250/year with OT
Real-World Applications
Workers
Convert your hourly wage to annual salary for comparison and budgeting.
Job Seekers
Compare hourly offers to salaried positions.
Tax Planning
Calculate annual income for tax bracket and withholding planning.
Employers
Benchmark hourly compensation to annual salary equivalents.
Common Mistakes to Avoid
⚠️
Not subtracting unpaid time off
If you take 2 weeks unpaid vacation, your annual income is based on 50 weeks, not 52. Unpaid time off reduces annual earnings proportionally.
⚠️
Forgetting benefits value
A $22/hr job with good health insurance, 401k match, and PTO may be worth more than a $25/hr contractor role that requires you to buy your own insurance and has no benefits.
⚠️
Not accounting for taxes
Hourly x hours x 52 gives gross income. After federal, state, and FICA taxes, take-home is typically 70-80% of gross. Use a paycheck calculator for net pay.
Frequently Asked Questions
$25/hour annual salary? ▾
$25 x 40 hours x 52 weeks = $52,000/year gross. After taxes (25% effective): approximately $39,000 take-home annually.
How to convert annual salary to hourly? ▾
Divide by 2,080 (40 hours x 52 weeks). $50,000 / 2,080 = $24.04/hour. Or a quick estimate: divide annual salary by 1,000, then multiply by 0.48. $50,000 / 1,000 x 0.48 = $24/hr.
Is $20/hour good pay? ▾
$20/hour = $41,600/year. Median US individual income: approximately $40,000-$44,000. $20/hour is around median - a living wage in many parts of the country, modest in high cost-of-living areas.
What is a biweekly paycheck? ▾
Paid every two weeks = 26 paychecks per year. $50,000/year / 26 = $1,923 per paycheck gross. Semi-monthly (twice a month) = 24 paychecks: $50,000/24 = $2,083 per paycheck.
Part-time hourly to annual? ▾
$18/hr x 25 hrs/wk x 52 weeks = $23,400/year gross. Most part-time workers don't receive benefits, which adds significant value to a full-time equivalent position.