Hourly to Salary Calculator
Enter your hourly wage and schedule to see what it adds up to per week, per paycheck and per year.
Your details
Use 50 if you take two unpaid weeks off.
Results update as you type.
$50,960
Estimated annual pay
- Monthly
- $4,246.67
- Biweekly
- $1,960.00
- Weekly
- $980.00
- Daily
- $196.00
- Hourly
- $24.50/hr
- Hours worked per year
- 2,080 hrs
How this calculator works
- 1Weekly pay is your hourly rate multiplied by hours per week.
- 2Annual pay is weekly pay multiplied by the number of weeks you work.
- 3Monthly and biweekly amounts divide the annual figure by 12 and 26.
Formula
Annual pay = Hourly rate × Hours per week × Weeks per year
Worked example
- $24.50 per hour at 40 hours per week for 52 weeks.
- $24.50 × 40 = $980 per week.
- $980 × 52 = $50,960 per year, or about $4,246.67 per month before taxes.
What we assume
- Every week is assumed to have the same number of hours.
- Overtime, bonuses and shift differentials are not included.
- Unpaid time off should be removed by lowering weeks per year.
Frequently asked questions
What is $20 an hour annually?
At 40 hours a week for 52 weeks it is $41,600 per year before taxes.
Does this include overtime?
No. Add overtime separately with the overtime calculator, since those hours pay at a higher rate.
Why does my paycheck look smaller?
These figures are gross. Taxes, insurance and retirement contributions come out before you are paid.
Results are estimates based on the information you provide and may differ from your actual paycheck. This calculator is for informational and planning purposes and is not tax, payroll, legal, or financial advice.