Hourly to Salary Calculator
This calculator converts an hourly wage into an annual salary, along with weekly, biweekly and monthly pay. It answers "how much is $25 an hour per year?" and shows how the answer changes with your real working pattern.
Enter your hourly rate and typical weekly hours. If you take unpaid time off, reduce the weeks per year, because you are not paid while you are away.
The hourly to salary formula
Annual salary = Hourly wage × Hours per week × Weeks per year
At 40 hours and 52 weeks, that is hourly wage × 2,080. A shortcut: double the hourly rate and read it as thousands. $25 per hour is about $50,000 per year (exactly $52,000).
Monthly pay is the annual figure divided by 12. It is slightly more than 4 weekly paychecks, because a month averages 4.33 weeks.
Worked example
You earn $22.50 per hour, work 38 hours a week, and take two weeks of unpaid vacation (50 paid weeks):
| Weekly pay | $22.50 × 38 = $855.00 |
|---|---|
| Annual salary | $855 × 50 = $42,750 |
| Monthly average | $42,750 ÷ 12 = $3,562.50 |
| Biweekly | $1,710.00 |
With paid vacation (52 weeks), the annual figure would be $44,460. That $1,710 difference is easy to miss when comparing an hourly role against a salaried offer.
Quick reference: common hourly rates as annual salaries
All figures assume 40 hours per week, 52 weeks per year (2,080 hours):
| Hourly wage | Weekly | Monthly | Annual salary |
|---|---|---|---|
| $15 | $600 | $2,600 | $31,200 |
| $18 | $720 | $3,120 | $37,440 |
| $20 | $800 | $3,467 | $41,600 |
| $25 | $1,000 | $4,333 | $52,000 |
| $30 | $1,200 | $5,200 | $62,400 |
| $35 | $1,400 | $6,067 | $72,800 |
| $50 | $2,000 | $8,667 | $104,000 |
Frequently asked questions
How much is $20 an hour annually?
$20 an hour is $41,600 per year at full-time hours (40 hours × 52 weeks). That is $3,466.67 per month, or $1,600 per biweekly paycheck before tax.
Does the annual figure include overtime?
No. The calculator multiplies your base rate by your normal hours. If you regularly work paid overtime, work it out with the overtime pay calculator and add it on top.
Why is my monthly pay more than 4 weeks of wages?
A year has 52 weeks but only 12 months, so the average month has about 4.33 weeks. Dividing annual pay by 12 gives a slightly higher figure than four weekly paychecks.
Is this before or after tax?
Before tax. The result is your gross annual salary, the number used in job offers, mortgage applications and loan paperwork. Take-home pay is lower after income tax and other deductions.
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Last updated . Formulas are shown on the page and checked against the worked example.
This calculator is for general information and education only. It is not professional advice. Confirm important decisions with a qualified adviser.