Enter your hourly rate and hours per week to instantly see your annual, monthly, biweekly, weekly, and daily salary. Includes overtime pay and estimated take-home pay.
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$
Please enter a valid hourly rate.
Your pay per hour before taxes
hrs
Please enter hours between 1 and 168.
Standard full-time = 40 hours per week
wks
Please enter weeks between 1 and 52.
Use 50 if you take 2 weeks unpaid vacation
hrs
Please enter a valid overtime amount.
Overtime paid at 1.5x rate (FLSA standard)
Annual Salary
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Sources & Methodology
✓Salary conversion formulas are based on the standard pay period structure defined by the U.S. Department of Labor and verified against Bureau of Labor Statistics pay frequency data.
BLS data on pay periods, average hours worked per week, and occupational wage statistics referenced for context in the educational section
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IRS Publication 15 — Employer Tax Guide 2025
IRS standard for pay period tax withholding tables, annual hours calculation (2,080 hours for full-time), and biweekly pay period definitions used in gross-to-net estimates
Methodology: Annual salary = Hourly rate × Hours per week × Weeks per year. Monthly = Annual ÷ 12. Biweekly = Hourly rate × Hours per week × 2. Weekly = Hourly rate × Hours per week. Daily = Hourly rate × (Hours per week ÷ 5). Overtime annual add-on = Overtime hours × 52 × (Hourly rate × 1.5). Take-home estimate uses a blended 22%–28% effective tax rate for illustrative purposes only — actual take-home depends on filing status, deductions, and state taxes.
⏱ Last reviewed: April 2026
How to Convert Hourly Rate to Annual Salary
Converting an hourly wage to an annual salary is straightforward once you know the formula. The key variables are your hourly rate, how many hours you work per week, and how many weeks per year you work. Most full-time employees in the United States work 40 hours per week for 52 weeks, giving a standard year of 2,080 working hours.
Understanding your annual equivalent salary is important when comparing job offers, negotiating pay, applying for loans, or calculating your monthly budget. Many financial institutions and landlords ask for annual income — knowing how to convert from hourly gives you that number instantly.
The Hourly to Annual Salary Formula
Annual Salary = Hourly Rate × Hours Per Week × Weeks Per Year
Under the Fair Labor Standards Act (FLSA), non-exempt employees must receive overtime pay at 1.5 times their regular rate for all hours worked over 40 in a single workweek. If you regularly work overtime, your actual annual earnings can be significantly higher than the standard formula suggests.
For example, working 5 hours of overtime per week at $25/hr: Overtime premium = 5 hrs × ($25 × 0.5) × 52 weeks = $3,250 additional per year, bringing total annual pay to $55,250 instead of $52,000.
How Many Working Hours Are in a Year?
A standard full-time year contains 2,080 hours (40 hours × 52 weeks). However, the actual number varies based on how you count holidays and vacation:
Employers use different figures for salary calculations. The IRS standard for full-time employment is 2,080 hours per year.
💡 Job offer tip: When comparing a salaried offer to your current hourly pay, divide the offered salary by 2,080 to get the equivalent hourly rate. For example, a $65,000 salary equals $65,000 ÷ 2,080 = $31.25/hr. This helps you assess whether a salary offer is genuinely better than your current hourly rate.
Frequently Asked Questions
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 weeks. Formula: Annual = Hourly × Hours/Week × 52. For example, $25/hr × 40 hours × 52 weeks = $52,000/year. For part-time or fewer weeks, adjust accordingly.
$25 an hour is $52,000 per year working full time (40 hours per week, 52 weeks). Monthly that is $4,333. Biweekly it is $2,000. After federal and state taxes, take-home pay is typically $39,000–$44,000 per year depending on your filing status and deductions.
$20 an hour is $41,600 per year at full time (40 hours × 52 weeks). Monthly that equals approximately $3,467. Biweekly it is $1,600. At this income level, federal income tax withholding for a single filer is typically in the 12%–22% bracket range.
$30 an hour is $62,400 per year at full time (40 hours × 52 weeks). Monthly that is $5,200. Biweekly it is $2,400. Single filers at this income level typically fall in the 22% federal tax bracket for 2025.
$15 an hour is $31,200 per year at full time (40 hours × 52 weeks). Monthly that is $2,600. Biweekly it is $1,200. Several states have adopted a $15 minimum wage, making this a common benchmark figure in U.S. wage discussions.
A standard full-time work year has 2,080 hours (40 hours × 52 weeks). If you subtract the 10 federal holidays (80 hours), paid working hours drop to 2,000. Some employers use 2,087 hours to account for the slight difference between 52 weeks and 365 days. The IRS uses 2,080 as the full-time standard for withholding calculations.
Biweekly pay = Hourly rate × Hours per week × 2. For example, $20/hr × 40 hours × 2 = $1,600 biweekly. There are 26 biweekly pay periods per year. Some employees receive 3 paychecks in two months each year because 26 × 2 weeks = 52 weeks, and the calendar creates two “extra” paycheck months depending on pay schedule start date.
Monthly salary = Hourly rate × Hours per week × 52 ÷ 12. Or equivalently: Hourly rate × Hours per week × 4.333 (average weeks per month). For $25/hr full-time: $25 × 40 × 52 ÷ 12 = $4,333.33/month. Note that individual months vary in working days, so this is an average monthly figure.