How to convert an hourly wage to a salary
Multiply your hourly wage by the hours you work in a week, then by the number of paid weeks in a year:
Salary = hourly wage × hours per week × weeks per year
A full-time job of 40 hours a week for 52 weeks is 2,080 hours a year. So $25 an hour works out to $52,000 a year, about $4,333 a month or $1,000 a week.
Quick rule of thumb
For full-time work, double your hourly wage and add three zeros to estimate the yearly salary: $20 an hour is about $40,000, $30 is about $60,000. It works because 2,080 hours is close to 2,000.
Converting a salary to an hourly rate
Go the other way by dividing: a $60,000 salary over 2,080 hours is about $28.85 an hour. This is useful for comparing a salaried offer with an hourly one, or for working out what your overtime is worth.
Things that change the result
- Unpaid time off. If vacation or holidays aren't paid, lower the paid weeks per year. Two unpaid weeks means 50 weeks.
- Overtime. Under federal law, most hourly workers earn 1.5× their rate for hours over 40 in a week. Add your usual overtime hours to include it.
- Benefits. Health insurance, retirement matching and paid leave can be worth 20–30% on top of pay, so compare total packages, not just the hourly number.
- Taxes. These figures are before tax. Use the salary after tax calculator to see what reaches your bank account.
Popular hourly wages
Yearly, monthly and after-tax pay, plus what you can afford, for each hourly rate:
- $15 an hour
- $16 an hour
- $17 an hour
- $18 an hour
- $19 an hour
- $20 an hour
- $21 an hour
- $22 an hour
- $23 an hour
- $24 an hour
- $25 an hour
- $26 an hour
- $27 an hour
- $28 an hour
- $29 an hour
- $30 an hour
- $31 an hour
- $32 an hour
- $33 an hour
- $34 an hour
- $35 an hour
- $36 an hour
- $37 an hour
- $38 an hour
- $39 an hour
- $40 an hour
- $41 an hour
- $42 an hour
- $43 an hour
- $44 an hour
- $45 an hour
- $46 an hour
- $47 an hour
- $48 an hour
- $49 an hour
- $50 an hour
- $51 an hour
- $52 an hour
- $53 an hour
- $54 an hour
- $55 an hour
- $56 an hour
- $57 an hour
- $58 an hour
- $59 an hour
- $60 an hour
- $61 an hour
- $62 an hour
- $63 an hour
- $64 an hour
- $65 an hour
- $66 an hour
- $67 an hour
- $68 an hour
- $69 an hour
- $70 an hour
- $71 an hour
- $72 an hour
- $73 an hour
- $74 an hour
- $75 an hour
- $76 an hour
- $77 an hour
- $78 an hour
- $79 an hour
- $80 an hour
- $81 an hour
- $82 an hour
- $83 an hour
- $84 an hour
- $85 an hour
- $86 an hour
- $87 an hour
- $88 an hour
- $89 an hour
- $90 an hour
- $91 an hour
- $92 an hour
- $93 an hour
- $94 an hour
- $95 an hour
- $96 an hour
- $97 an hour
- $98 an hour
- $99 an hour
- $100 an hour