Salary Calculator
Convert between hourly, weekly, monthly and annual pay
Hourly Rate
$25.00
per hour gross
Annual Salary
$52,000.00
per year gross
Based on 40 hrs/week ร 52 weeks/year = 2,080 hours/year. Net pay uses a flat 20% effective rate โ actual take-home varies by jurisdiction.
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Salary Calculator โ Convert Hourly to Annual and Back
Whether you are comparing job offers, negotiating a raise, or budgeting for a new hire, the most useful single number to know is how a wage expressed in one unit translates to every other unit. A recruiter quotes you $52,000 per year โ is that above or below your current $25/hour contract? A freelance rate card shows $85/hour โ what annual equivalent does that represent for a full-time employee paying taxes and benefits? This salary calculator answers all of those questions instantly.
Enter a wage in either direction โ hourly or annual โ set your work schedule, optionally add your effective tax rate, and the tool returns a complete pay breakdown: hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, and annual, with both gross and estimated net figures.
The Core Formula
The relationship between hourly wage and annual salary is straightforward:
Annual salary = hourly rate ร hours per week ร weeks per year
Hourly rate = annual salary รท (hours per week ร weeks per year)
Standard full-time: 40 hrs/week ร 52 weeks = 2,080 hrs/year
The "2,080 hours" figure is the universal baseline used by employers, HR departments, and compensation surveys when discussing full-time equivalent (FTE) pay. Every other pay period derives from annual salary:
- Monthly: annual รท 12
- Semi-monthly: annual รท 24 (paid on the 1st and 15th)
- Bi-weekly: annual รท 26 (paid every two weeks)
- Weekly: annual รท 52
- Daily: hourly rate ร hours per day
Common Hourly Wages Converted to Annual Salary
The table below shows quick-reference conversions for standard wages at a 40-hour, 52-week schedule:
| Hourly | Weekly | Monthly | Annual (Gross) |
|---|---|---|---|
| $10.00 | $400 | $1,733 | $20,800 |
| $12.00 | $480 | $2,080 | $24,960 |
| $15.00 | $600 | $2,600 | $31,200 |
| $17.00 | $680 | $2,947 | $35,360 |
| $20.00 | $800 | $3,467 | $41,600 |
| $25.00 | $1,000 | $4,333 | $52,000 |
| $30.00 | $1,200 | $5,200 | $62,400 |
| $35.00 | $1,400 | $6,067 | $72,800 |
| $40.00 | $1,600 | $6,933 | $83,200 |
| $50.00 | $2,000 | $8,667 | $104,000 |
| $75.00 | $3,000 | $13,000 | $156,000 |
| $100.00 | $4,000 | $17,333 | $208,000 |
Gross Pay vs Net (Take-Home) Pay
Gross pay is your compensation before any deductions. Net pay is what you actually receive after taxes and other withholdings. In the US, deductions typically include:
- Federal income tax โ progressive rates from 10% to 37% based on taxable income and filing status
- Social Security tax โ 6.2% on wages up to the annual wage base ($168,600 in 2024)
- Medicare tax โ 1.45% on all wages (plus 0.9% on wages above $200,000)
- State income tax โ 0% in nine states (Florida, Texas, Nevada, etc.) up to ~13% in California
- Pre-tax deductions โ 401(k) contributions, health insurance premiums, FSA/HSA contributions (reduce taxable income)
The effective tax rate โ the actual percentage of your gross income paid in total taxes โ is always lower than the marginal rate. A single filer earning $60,000 in a moderate-tax state typically has an effective total rate of 18โ24%. Use the tax slider in this calculator for a quick estimate โ for precise figures, use a full payroll calculator or tax preparation software.
Bi-Weekly vs Semi-Monthly Pay: What is the Difference?
These two pay schedules sound similar but produce different paycheck amounts:
Bi-weekly (every two weeks) โ 26 pay periods per year. Your paycheck = annual salary รท 26. In most years, two months will have three pay dates ("3-paycheck months"). For a $60,000 salary: $2,307.69 per paycheck.
Semi-monthly (twice per month) โ 24 pay periods per year, typically on fixed dates (1st and 15th or 15th and last day). Your paycheck = annual salary รท 24. For a $60,000 salary: $2,500 per paycheck.
Semi-monthly paychecks are larger by about 8%, but there are two fewer per year. Bi-weekly is more common in the US for hourly workers because it aligns naturally with a 40-hour work week. Semi-monthly is more common for salaried employees in accounting-heavy industries where predictable month-end timing helps with cash flow planning.
Part-Time and Variable Hours
The standard "2,080 hours per year" assumes 40 hours per week and 52 weeks. Neither holds for everyone:
Part-time workers working 20 hours per week earn half the annual salary of a full-time worker at the same hourly rate. Use the hours-per-week slider to model any schedule from 1 to 80 hours.
Unpaid time off โ If you take two weeks of unpaid leave, set weeks per year to 50. Your annual hours drop to 2,000, reducing your annual equivalent from your contract rate. This matters for freelancers and contractors who frequently take unpaid gaps between contracts.
Paid time off (PTO) โ If your employer provides two weeks of paid vacation, you still work 2,080 hours of compensated time (you just spend 80 of those hours on vacation). For paid-leave purposes, keep weeks per year at 52.
Overtime โ In the US, non-exempt employees must receive 1.5ร their regular rate for hours over 40 per week (FLSA). This calculator computes straight-time equivalent annual salary. For overtime scenarios, use the hourly mode and calculate regular vs overtime hours separately.
Salary Negotiation: Knowing Your Number
The most common salary negotiation mistake is thinking in the wrong units. When an employer offers $28/hour and a competing offer is $57,000/year, the comparison is not obvious without converting. At 40 hours/week and 52 weeks/year: $28/hour = $58,240/year โ slightly above the competing offer.
When evaluating total compensation, always account for:
- Benefits value โ Employer-provided health insurance can be worth $5,000โ$15,000/year. A position with full benefits paying $55,000 may be better total compensation than an independent contractor role at $65,000 where you pay your own healthcare, self-employment tax, and receive no retirement matching.
- 401(k) match โ A 4% match on a $60,000 salary is $2,400/year in free money. Include it in your comparison.
- Bonus structure โ A $55,000 base with a 10% target bonus may average more than a $60,000 base-only role, but with variance risk.
- Remote vs commute cost โ A remote role can save $3,000โ$8,000/year in commuting costs, effectively raising your take-home pay.
Frequently Asked Questions
How much is $25 an hour per year?
$25/hour ร 40 hours/week ร 52 weeks = $52,000 per year gross. Monthly: $4,333. Weekly: $1,000. Bi-weekly: $2,000.
How much is $20 an hour per year?
$20/hour ร 2,080 hours = $41,600 per year gross. Monthly: $3,467. Weekly: $800. Bi-weekly: $1,600.
How much is $60,000 a year per hour?
$60,000 รท 2,080 hours = $28.85 per hour. Weekly gross: $1,154. Bi-weekly: $2,308. Monthly: $5,000.
How much is $75,000 a year per hour?
$75,000 รท 2,080 hours = $36.06 per hour. Weekly gross: $1,442. Bi-weekly: $2,885. Monthly: $6,250.
How much is $100,000 a year per hour?
$100,000 รท 2,080 hours = $48.08 per hour. Weekly gross: $1,923. Bi-weekly: $3,846. Monthly: $8,333.
What is a good hourly wage in the US?
The US federal minimum wage is $7.25/hour, though most states set higher minimums. A "living wage" in most US metro areas ranges from $18โ$25/hour. Median personal income in the US is roughly $40,000โ$45,000/year, or $19โ$22/hour full-time. Skilled trades and technical roles typically range $30โ$60/hour; professional and managerial roles $50โ$100+/hour.
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