Skip to content
minibusinessideas

Free tool · Money & pricing

Hourly to salary calculator

To turn an hourly wage into a yearly salary, multiply it by hours per week and by 52 paid weeks: $25 an hour at 40 hours a week is $52,000 a year. Switch tabs to go the other way and see what any salary works out to per hour.

Annual salary

$52,000

$25.00/hr × 2,080 hours a year.

Hourly
$25.00
Daily (8 hrs)
$200.00
Weekly
$1,000.00
Biweekly
$2,000.00
Semi-monthly (24 paychecks)
$2,166.67
Monthly
$4,333.33
Annual (before tax)
$52,000

Formulas

  • Annual salary = Hourly rate × Hours per week × Paid weeks per year
  • Hourly rate = Annual salary ÷ (Hours per week × Paid weeks per year)
  • Monthly = Annual ÷ 12; Biweekly = Weekly × 2; Semi-monthly = Annual ÷ 24

Quick conversions at 40 hours a week

A full-time year is 2,080 hours (40 × 52), so a handy shortcut is to double the hourly rate and add three zeros, then knock off about 4%:

  • $15/hour ≈ $31,200 a year
  • $20/hour ≈ $41,600 a year
  • $25/hour ≈ $52,000 a year
  • $30/hour ≈ $62,400 a year
  • $40/hour ≈ $83,200 a year
  • $50/hour ≈ $104,000 a year

Biweekly vs semi-monthly paychecks

Biweekly pay arrives every other Friday — 26 paychecks a year, so two months a year have three paydays. Semi-monthly pay arrives on two set dates, such as the 15th and the last day of the month — 24 paychecks of a slightly larger amount. The yearly total is the same; only the size and timing of each check changes.

Comparing a job offer with freelancing

An hourly rate as a freelancer is not the same as an employee's hourly wage. Employees get paid time off, an employer share of payroll taxes and often health insurance; freelancers pay all of that themselves and rarely bill 40 hours a week. If you are weighing a contract rate against a salary, run the numbers through the freelance hourly rate calculator too — most people need 1.5–2× the employee rate to come out even.

Frequently asked questions

How do I convert hourly pay to a yearly salary?

Multiply your hourly rate by the hours you work each week, then by 52. At 40 hours a week, $22 an hour is $45,760 a year before tax.

How many work hours are in a year?

2,080 for a full-time schedule of 40 hours a week for 52 weeks. If some weeks off are unpaid, multiply by the number of paid weeks instead.

What is $60,000 a year per hour?

About $28.85 an hour at 40 hours a week for 52 weeks (60,000 ÷ 2,080).

Is the salary from this calculator before or after tax?

Before tax. Federal and state income tax, Social Security, Medicare and any benefit deductions come out of these gross amounts.

Embed this tool on your site

Free for blogs, newsletters, schools and business resources. Paste this where you want the tool to appear.