52 = full year · Saved automatically
Annual Salary
$37,440.00
40h/wk × 52 weeks
Monthly
$3,120.00
÷ 12 months
Pay Period Breakdown
Common Hourly Rates — Annual Equivalent
How to use the hourly to salary calculator
- 1Enter your hourly rate. Type your hourly wage.
- 2Set hours per week. Enter how many hours you work in a typical week.
- 3Set weeks per year. Use 52 for a full year, or fewer if you take unpaid time off.
- 4Compare pay periods. See annual, monthly, bi-weekly, weekly, and daily equivalents.
Convert hourly wage to salary
This calculator converts an hourly wage into an annual salary and every common pay period in between. The formula is simple: hourly rate × hours per week × weeks per year. Our hourly-to-salary guide walks through examples for $15 to $30 per hour.
Full-time vs. part-time
Full-time work is usually 40 hours a week for 52 weeks — 2,080 hours a year. If you work part-time or take unpaid weeks off, lower the hours per week or weeks per year to get an accurate annual figure.
Gross vs. take-home pay
The results show gross pay, before taxes and deductions. Your take-home pay will be lower after federal tax, Social Security, Medicare, and any state taxes. See gross pay vs. net pay to understand the difference.
Frequently Asked Questions
$20 an hour is how much a year?
At 40 hours per week for 52 weeks, $20/hour is $41,600 per year before taxes.
How do I convert hourly pay to a salary?
Multiply your hourly rate by hours per week and by weeks per year. For example, $25 × 40 × 52 = $52,000 annually.
Is the salary figure before or after taxes?
It is gross pay, before taxes and deductions. Your net take-home pay will be lower after withholding.