Salary Cluster

Salary & Income Guides — Take-Home Pay, Hourly to Annual

Everything you need to understand your salary: convert hourly wages to annual income, calculate take-home pay after taxes, and compare salaries across US states. Free calculators included.

4

Guides

3

Calculators

50

States Covered

Salary Guides & Examples

Salary Calculators

Quick Salary Reference

Hourly RateAnnual (Gross)MonthlyWeekly
$15$31,200$2,600$600
$20$41,600$3,467$800
$25$52,000$4,333$1,000
$30$62,400$5,200$1,200
$40$83,200$6,933$1,600
$50$104,000$8,667$2,000

Based on 40 hrs/week × 52 weeks = 2,080 hours/year. Gross figures before taxes.

Frequently Asked Questions

How do I calculate my annual salary from hourly wage?

Multiply your hourly rate by 2,080 (40 hours × 52 weeks). For $20/hr: $20 × 2,080 = $41,600/year before taxes.

What percentage of my salary goes to taxes?

On average, Americans pay 22–32% in combined federal, state, and FICA taxes. The exact rate depends on your income level and state.

What is the difference between gross and net salary?

Gross salary is your total pay before deductions. Net salary (take-home pay) is what you receive after taxes, Social Security, Medicare, and any other deductions.

Which US states have no income tax?

Florida, Texas, Nevada, Washington, Wyoming, South Dakota, Alaska, and Tennessee have no state income tax, meaning higher take-home pay.

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