Hourly to Annual Salary Calculator: Convert Hourly Pay to Annual Income

See what your hourly wage equals per week, month and year based on the schedule you actually work.

Hourly to salary calculator for converting hourly pay to annual income
Convert hourly pay into weekly, monthly and annual income.

Want to know what your hourly wage equals as a yearly salary? Enter your hourly pay, hours worked per week, and weeks worked per year below. You’ll see the equivalent weekly, monthly, and annual gross pay.

Already know your annual salary and want the hourly rate instead? Use the Salary to Hourly Calculator. That page owns the reverse calculation.

Hourly to Salary Calculator

Enter your hourly wage and work schedule. The calculator estimates your gross weekly, monthly, and annual pay before taxes, benefits, overtime premiums, bonuses, or unpaid time off.

The calculator shows a gross pay equivalent. It does not estimate taxes, benefits, bonuses, overtime premiums, or other deductions and compensation.

How to Convert Hourly Pay to Annual Salary

The basic formula is:

Annual salary equivalent = hourly wage × hours per week × weeks worked per year

If you work 40 hours a week for 52 weeks, that is 2,080 hours per year. So a $25 hourly wage works out to:

$25 × 40 × 52 = $52,000 per year

That 2,080-hour shortcut is useful, but it is only accurate when your schedule really is 40 hours a week for all 52 weeks. If you work fewer hours, take unpaid time off, or have a seasonal schedule, use your actual hours and weeks.

Hourly to Annual Salary Examples

Here are common hourly wages converted to annual salary assuming 40 hours per week and 52 weeks per year:

Hourly wageWeekly payMonthly equivalentAnnual salary
$15/hour$600$2,600$31,200
$20/hour$800$3,466.67$41,600
$25/hour$1,000$4,333.33$52,000
$30/hour$1,200$5,200$62,400
$40/hour$1,600$6,933.33$83,200
$50/hour$2,000$8,666.67$104,000
Assumes 40 hours per week for 52 weeks. Monthly figures equal annual pay divided by 12.

What Changes Your Annual Salary?

The math is simple. The schedule is where real life gets involved.

  • Weekly hours: A 30-hour schedule produces a very different annual total than a 40-hour schedule at the same hourly wage.
  • Weeks worked: Unpaid time off, seasonal work, school-year schedules, or gaps between jobs reduce annual earnings.
  • Overtime: If you receive an overtime premium, simply multiplying every hour by your regular rate can understate annual gross pay.
  • Bonuses and commissions: They can raise total annual compensation without changing your base hourly wage.
  • Part-time schedules: Use your actual average weekly hours instead of assuming 40.

One thing I’d check before comparing two jobs is whether the schedule assumptions are actually the same. A clean-looking annual number can hide a lot of extra hours.

Hourly Pay vs. Salary: What the Number Doesn’t Tell You

Converting hourly pay to salary gives you a useful apples-to-apples starting point. It does not tell you which job is better.

  • Paid time off: Two jobs with the same annualized pay can feel very different if one pays you during vacations and holidays and the other does not.
  • Health insurance and retirement benefits: Employer contributions can materially change total compensation.
  • Overtime eligibility: Extra hours may be paid differently depending on the job and applicable rules.
  • Schedule stability: A steady 40-hour week is different from fluctuating hours, even if the average works out the same.

Michael’s take: use the annualized number to compare the paychecks. Then compare the time, benefits, and schedule separately. That is usually where the better deal becomes obvious.

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Hourly-to-Salary FAQ

How much is $20 an hour per year?

At 40 hours per week for 52 weeks, $20 an hour equals $41,600 per year before taxes and deductions.

How much is $25 an hour per year?

At 40 hours per week for 52 weeks, $25 an hour equals $52,000 per year.

Should I always use 52 weeks when converting hourly pay to salary?

No. Use 52 only if you are paid for or actually work all 52 weeks. If you have unpaid weeks off, seasonal work, or an irregular schedule, use your real number of paid or worked weeks.

Does hourly-to-salary conversion include overtime?

Not automatically. A basic conversion uses your regular hourly wage. If you earn overtime premiums, bonuses, commissions, or shift differentials, add those separately when estimating total annual compensation.

How do I convert salary back to hourly pay?

That is the reverse calculation. Use the Salary to Hourly Calculator so the annual salary is divided by your actual annual work hours.

Bottom Line

To convert hourly pay to annual salary, multiply your hourly wage × hours per week × weeks per year. For a standard 40-hour, 52-week schedule, that is the same as multiplying your hourly wage by 2,080.

Use the calculator for the quick answer, then adjust the inputs to match the schedule you actually expect to work. That small change is often more useful than pretending every job is a perfect 40-hours-for-52-weeks situation.

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Michael Ryan
Michael Ryan, Retired Financial Planner & Founder of MichaelRyanMoney.com Michael Ryan is a retired financial planner and financial educator with nearly three decades of experience in financial planning, retirement planning, estate planning, insurance, and risk management. He is the founder of MichaelRyanMoney.com, where he explains Social Security, Medicare and IRMAA, retirement income, taxes, estate planning, insurance, investing, and personal finance in plain English. His commentary has been featured by outlets including The Wall Street Journal, U.S. News & World Report, Business Insider, Yahoo Finance, Forbes, Newsweek, and Nasdaq. Michael no longer sells financial products, manages investments, or provides individualized investment, tax, legal, or insurance advice through the site.