How to convert hourly pay to salary
Multiply your hourly rate by the hours you work each week, then by the number of weeks you're paid each year. A full-time schedule is usually 40 hours a week for 52 weeks — 2,080 hours a year.
Annual salary = Hourly rate × Hours per week × Weeks per year
A quick shortcut: double your hourly rate and add three zeros. $30 an hour is about $60,000 a year (the exact figure is $62,400).
Converting salary to hourly
Hourly rate = Annual salary ÷ (Hours per week × Weeks per year)
A $75,000 salary works out to about $36.06 an hour on a standard 2,080-hour year. If you regularly work 50 hours a week, your effective hourly rate drops to about $28.85.
Common hourly wages as annual salaries
| Hourly | Monthly | Yearly |
|---|---|---|
| $15 | $2,600 | $31,200 |
| $20 | $3,467 | $41,600 |
| $25 | $4,333 | $52,000 |
| $30 | $5,200 | $62,400 |
| $40 | $6,933 | $83,200 |
| $50 | $8,667 | $104,000 |
Based on 40 hours a week, 52 weeks a year, before taxes.
Freelancers: charge more than the salary math
If you're comparing a freelance rate to a salaried job, remember you'll pay both halves of Social Security and Medicare, cover your own benefits, and won't bill every hour. Many freelancers charge 1.5–2× the equivalent employee hourly rate.
Common questions
How many working hours are in a year?
A full-time schedule of 40 hours a week for 52 weeks is 2,080 hours. With two weeks of unpaid time off, it's 2,000 hours.
How much is $25 an hour annually?
$25 an hour is $52,000 a year at 40 hours a week for 52 weeks, before taxes.
How much is $100,000 a year per hour?
About $48.08 an hour, based on 2,080 working hours a year.
Does this include overtime?
No. For overtime, add your extra hours at 1.5× your rate, or increase the hours per week to approximate it.
More calculators
- Paycheck calculatorTake-home pay after taxes and 401(k)
- Self-employment taxSocial Security and Medicare on 1099 income
- Profit marginMargin, markup and pricing
Last updated .