Hourly to Salary Calculator
Free hourly to salary calculator. Convert any hourly wage to annual, monthly, weekly, and daily pay — accounts for hours per week and weeks worked per year.
Quick answer
Annual salary = hourly rate × hours per week × weeks per year (typically 52 for full-time, 50 if you take 2 weeks off unpaid). Multiply by 0.7-0.75 to estimate take-home after federal, state, and FICA taxes for a middle-class household.
Hourly to Salary Converter
How it works
Converts an hourly wage to an annual salary (or vice versa) by multiplying or dividing by your hours per week and weeks per year. Standard assumptions: 40 hours/week × 52 weeks = 2,080 hours/year.
When to use it
Use this when comparing job offers — one quoted hourly, one quoted as a salary — or when negotiating a raise. Also helpful when freelancers want to set an hourly rate that hits their target annual income.
Common mistakes
Forgetting that hourly workers don't get paid time off. A $25/hour job at 2,080 hours equals a $52K salary on paper, but if you take 2 weeks unpaid, your real annual is closer to $50K. Salaried positions usually include PTO.
How the conversion works
The math is straightforward: annual = hourly × hours/week × weeks/year. The default 40 hours × 52 weeks gives 2,080 hours per year — the standard full-time U.S. baseline. For a 40-hour/week worker at $25/hour, that's $52,000/year. Going the other way: salary ÷ 2,080 gives an effective hourly rate. For salaried workers, this is useful as a sanity check on whether overtime, weekend work, or late nights are actually compensated.
When to use it
Negotiating a job offer where one side quotes hourly and the other quotes salary. Comparing W-2 employment vs. 1099 contracting (1099 needs ~30-40% more gross to net the same as W-2 because the contractor pays both halves of FICA and gets no employer benefits). Setting freelance rates — start with your target salary, divide by billable hours per year (most freelancers bill 1,200-1,600 hours, not 2,080), and add a margin for self-employed taxes and downtime.
Common mistakes
- Forgetting unpaid time off. If you take 2 unpaid weeks per year, your effective annual is hours × 50, not 52.
- Comparing 1099 to W-2 at the same gross. A $50/hour 1099 contractor nets dramatically less than a $50/hour W-2 employee because of self-employment tax (~7.65% extra) and no employer-paid health insurance, 401(k) match, PTO, or unemployment insurance.
- Ignoring overtime when going from salaried to hourly. Salaried-exempt workers don't get overtime. Hourly workers get 1.5x for hours over 40/week (federal FLSA). For someone working 50-hour weeks, hourly + overtime can pay 30%+ more than the equivalent salary.
Frequently asked questions
How do I convert hourly wage to annual salary?
Multiply the hourly rate by the number of hours worked per week, then by the number of weeks worked per year. For a full-time 40-hour worker over 52 weeks: hourly × 2,080 = annual salary.
What hourly rate is equivalent to a $60,000 salary?
$60,000 ÷ 2,080 hours = about $28.85/hour. If the position involves 50-hour weeks, the effective hourly rate drops to about $23/hour.
How does 1099 contractor pay compare to W-2 employment?
A 1099 contractor pays both halves of FICA (~7.65% extra), gets no employer-paid benefits, and is responsible for their own retirement, health insurance, and PTO. A rough rule: a 1099 rate needs to be 25-40% higher than the equivalent W-2 salary to net the same after-tax income.