How to convert hourly pay to a yearly salary
The standard formula is hourly rate × hours per week × 52 weeks. A full-time 40-hour week is 2,080 hours a year, so a quick shortcut is to double the hourly rate and add three zeros: $25 an hour ≈ $50,000 a year (exactly $52,000).
Common hourly wages as yearly salary (40 hours/week)
| Hourly | Yearly | Monthly | Biweekly | Weekly |
|---|---|---|---|---|
| $15 | $31,200 | $2,600 | $1,200 | $600 |
| $17 | $35,360 | $2,947 | $1,360 | $680 |
| $18 | $37,440 | $3,120 | $1,440 | $720 |
| $20 | $41,600 | $3,467 | $1,600 | $800 |
| $22 | $45,760 | $3,813 | $1,760 | $880 |
| $25 | $52,000 | $4,333 | $2,000 | $1,000 |
| $28 | $58,240 | $4,853 | $2,240 | $1,120 |
| $30 | $62,400 | $5,200 | $2,400 | $1,200 |
| $35 | $72,800 | $6,067 | $2,800 | $1,400 |
| $40 | $83,200 | $6,933 | $3,200 | $1,600 |
| $45 | $93,600 | $7,800 | $3,600 | $1,800 |
| $50 | $104,000 | $8,667 | $4,000 | $2,000 |
See every rate from $10 to $75 in the full hourly-to-salary chart.
Why monthly pay is not “weekly × 4”
A year has 52 weeks, which is about 4.33 weeks per month. Multiplying weekly pay by 4 underestimates monthly income by roughly 8%. The calculator divides yearly pay by 12 instead. Biweekly schedules have 26 paychecks a year, so two months each year contain three paychecks.
Hourly vs. salaried: what else to compare
- Overtime: non-exempt hourly workers usually earn overtime; many salaried roles do not.
- Paid time off and holidays: unpaid time off lowers an hourly worker's yearly total.
- Benefits: health insurance, retirement matching, and bonuses can be worth thousands per year.
- Take-home pay: taxes and deductions come out of gross pay. Estimate them with the paycheck estimator.
Hourly to Salary Calculator FAQs
How much is $20 an hour per year?
At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year before taxes, about $3,467 a month or $1,600 every two weeks.
How much is $25 an hour per year?
At 40 hours a week, $25 an hour is $52,000 a year before taxes, about $4,333 a month.
What hourly rate is $50,000 a year?
Divide by 2,080 hours: $50,000 ÷ 2,080 ≈ $24.04 an hour for a full-time, 40-hour schedule.
How many work hours are in a year?
A 40-hour week for 52 weeks is 2,080 hours. With two weeks unpaid it is 2,000 hours.