Hourly to Salary Calculator — Annual & Monthly Pay
Convert your hourly wage to annual salary, monthly income, biweekly paycheck, and daily earnings. This calculator also estimates your take-home pay after federal taxes and FICA — useful for job comparisons, budgeting, and salary negotiations.
How the Formula Works
Annual Salary: Hourly Rate × Hours/Week × Weeks/Year
Monthly: Annual ÷ 12
Biweekly: Hourly × Hours/Week × 2
After-Tax Estimate: Based on 2024 US federal tax brackets + FICA (7.65%). State taxes not included.
Example: $30/hr × 40 hrs × 52 weeks = $62,400/year. After taxes ≈ $48,500 take-home.
Frequently Asked Questions
How do I convert hourly to annual salary?
Multiply your hourly rate by hours per week, then by weeks per year. Standard formula: Hourly × 40 hours × 52 weeks = Annual Salary. Example: $25/hr × 40 × 52 = $52,000/year.
How much is $20 an hour annually?
$20/hour × 40 hours × 52 weeks = $41,600/year gross. After federal taxes and FICA, take-home is approximately $33,000–$35,000 depending on deductions.
How much is $25 an hour annually?
$25/hour × 40 hours × 52 weeks = $52,000/year gross. After taxes, approximately $41,000–$43,000 take-home.
How much is $50,000 a year hourly?
$50,000 ÷ 52 weeks ÷ 40 hours = $24.04/hour. This is the standard conversion for a full-time 40-hour work week.
Does this calculator account for overtime?
This calculator uses your specified hours per week. If you work overtime (over 40 hours), enter your actual average hours to get a more accurate annual figure.