Whether you're comparing a new job offer, negotiating a raise, or just trying to understand what your paycheck really adds up to over a year, converting between an hourly wage and an annual salary is one of the most common calculations people need — yet most people still do it with rough mental math. This guide walks through the exact formulas used to convert hourly pay to yearly, monthly, weekly, and daily income (and back again), plus how overtime factors in. A free calculator is embedded below so you can get an exact number for your own situation in seconds.
📑 Table of Contents
🧮 Free Hourly to Salary Calculator
Enter your hourly wage, hours per day, days per week, and weeks per year to instantly see your annual, monthly, biweekly, weekly, and daily salary. There's also an overtime section, and a reverse tab that converts an annual salary back into an hourly rate.
📘 The Basic Conversion Formula
Converting an hourly wage to an annual salary comes down to one simple formula:
For a standard 40-hour work week over 52 weeks, someone earning $25/hour would calculate: $25 × 40 × 52 = $52,000 per year. The same formula works in reverse — divide the annual salary by the total number of hours worked in the year to get back to an hourly rate.
📆 Converting to Monthly, Weekly, and Daily Pay
Once you have the annual figure, breaking it down into other pay periods just takes division:
| Pay Period | Divide Annual Salary By |
|---|---|
| Monthly | 12 |
| Biweekly (every 2 weeks) | 26 |
| Weekly | 52 |
| Daily | 260 (working days/year) |
🗓️ How Many Hours Per Year Is Full-Time?
A standard full-time job works out to 40 hours per week × 52 weeks = 2,080 hours per year. That number assumes no time off at all, though. Once you subtract 2 weeks of vacation and roughly 10 paid holidays, the actual number of hours worked drops to closer to 2,000 hours per year. Adjusting the "Weeks Per Year" field in the calculator lets you account for your own vacation and holiday schedule.
🕐 Overtime Pay Calculation
Under the Fair Labor Standards Act (FLSA), non-exempt employees are entitled to overtime pay of at least 1.5× their regular hourly rate for any hours worked beyond 40 in a week. So if your normal rate is $20/hour, your overtime rate is at least $30/hour. Some employers go further and pay double time (2×) for holidays or specific special shifts. The calculator above includes a dedicated overtime section so you can see exactly how extra hours change your total annual earnings.
💵 US Minimum Wage in 2025
The federal minimum wage has stayed at $7.25 per hour since 2009 — the longest stretch without a federal increase in US history. However, a large number of states and cities set their own, higher minimum wages, and the higher rate always applies. As of 2025, California and New York both sit at $16.50/hour, Washington State is at $16.28/hour, Colorado is at $14.81/hour, and Massachusetts is at $15.00/hour. It's always worth checking your specific state and city, since local minimums frequently exceed both the state and federal floor.
📊 Common Hourly Wages → Annual Salary (40 hrs/week)
| Hourly Wage | Annual Salary | Monthly Pay | Weekly Pay |
|---|---|---|---|
| $10/hr | $20,800 | $1,733 | $400 |
| $15/hr | $31,200 | $2,600 | $600 |
| $20/hr | $41,600 | $3,467 | $800 |
| $25/hr | $52,000 | $4,333 | $1,000 |
| $30/hr | $62,400 | $5,200 | $1,200 |
| $40/hr | $83,200 | $6,933 | $1,600 |
| $50/hr | $104,000 | $8,667 | $2,000 |
| $75/hr | $156,000 | $13,000 | $3,000 |
| $100/hr | $208,000 | $17,333 | $4,000 |
❓ Frequently Asked Questions
Multiply your hourly rate by the number of hours per week, then by 52 weeks. For a standard 40-hour work week: Annual Salary = Hourly Rate × 40 × 52. For example, $25/hour × 40 × 52 = $52,000 per year.
A standard full-time job equals 2,080 hours per year (40 hours/week × 52 weeks). Subtracting 10 federal holidays and 2 weeks of vacation brings actual working hours down to roughly 2,000 hours per year.
The US federal minimum wage is $7.25 per hour, unchanged since 2009. Many states set higher rates — California and New York are both at $16.50/hour, and Washington State is at $16.28/hour. State minimums apply whenever they exceed the federal rate.
Under the FLSA, non-exempt employees earn at least 1.5× their regular rate for hours beyond 40 per week. At a $20/hour base rate, the overtime rate is at least $30/hour. Some employers pay double time (2×) for holidays or special conditions.
Divide the annual salary by total working hours for the year. For a standard 40-hour week schedule: Hourly Rate = Annual Salary ÷ 2,080. For example, $52,000 ÷ 2,080 = $25/hour.
According to Bureau of Labor Statistics data, the median hourly wage in the US is approximately $23–$25/hour as of 2025, translating to roughly $47,000–$52,000 per year. What counts as "good" depends heavily on location, industry, and experience level — high-cost cities generally require a higher wage to maintain the same standard of living.
No, this calculator shows gross pay — the amount before taxes are withheld. To see actual take-home pay including federal income tax, Social Security, and Medicare, use a dedicated paycheck or federal tax calculator alongside this one.
Pair this with a full federal paycheck calculator to include taxes and deductions.
Explore All Calculators →
📚 References
Figures referenced in this article are compiled from official sources and updated periodically:
- U.S. Department of Labor — State Minimum Wage Laws
- U.S. Department of Labor — Overtime Pay (FLSA)
- Bureau of Labor Statistics — wage and earnings data
- QuinetCalc Hourly to Salary Calculator — live calculator used in this article
This article is for general informational purposes only. Minimum wage rates and pay rules change periodically — always confirm current figures with your state's labor department before making employment decisions.
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