The formula
How to convert hourly pay to an annual salary
The math is refreshingly simple, and once you know it you can do it in your head for any wage:
So a $30/hour job is roughly $62,400 a year. A $18/hour part-time role at 25 hours a week works out to $23,400. The calculator above handles any combination of rate, weekly hours and weeks worked — useful for seasonal, part-time or contract schedules.
Common hourly wages as annual salaries
| Hourly | Annual (40h × 52wk) | Est. take-home (single) |
|---|---|---|
| $15 / hr | $31,200 | ~$27,000 |
| $20 / hr | $41,600 | ~$35,400 |
| $25 / hr | $52,000 | ~$43,800 |
| $30 / hr | $62,400 | ~$51,600 |
| $40 / hr | $83,200 | ~$67,200 |
| $50 / hr | $104,000 | ~$81,800 |
Take-home figures are estimates for a single filer in a no-income-tax state using 2026 federal brackets and FICA. Your state may reduce these — check your state take-home page.
Should you use 2,080 or fewer hours?
Use 2,080 hours if you have paid time off, because your salary covers those weeks. Use a lower number — say 2,000 hours — only if you take unpaid leave, which lowers your real annual earnings. The calculator's "weeks worked" field lets you model exactly that.
The hidden value of a salaried offer
When you convert an hourly wage to compare against a salaried offer, remember that salaried roles often bundle paid holidays, sick leave and benefits that an hourly rate may not. Two jobs at the same converted number can have very different real value — so weigh the benefits package, not just the headline figure.
Going the other direction? Use our salary to hourly calculator to find your true rate per hour.
Questions
Hourly to salary FAQ
How do you convert an hourly wage to an annual salary?
Multiply your hourly rate by the hours you work per week, then by the number of weeks you work per year. For a standard full-time job that is hourly rate × 40 × 52, which equals your hourly rate × 2,080. For example, $25 per hour equals $52,000 per year.
What is $20 an hour annually?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 per year before taxes. After federal tax and FICA, a single filer takes home roughly $35,000 to $36,000.
How many work hours are in a year?
A standard full-time year is 2,080 hours: 40 hours per week multiplied by 52 weeks. If you take two unpaid weeks off, a working year is closer to 2,000 hours.
Does the hourly to salary conversion include overtime?
No. The base conversion assumes your stated weekly hours at your regular rate. Overtime, typically paid at 1.5× for hours over 40 per week under the Fair Labor Standards Act, would raise your effective annual earnings above the base figure.
- Sources: U.S. DOL Fair Labor Standards Act · IRS Rev. Proc. 2025-32 · SSA 2026 wage base.
- 🔄 Last updated June 9, 2026 · Tax year 2026