Salary Calculator

Salary Calculator

Convert your hourly wage into yearly, monthly, and weekly income.

How the Salary Calculator Works

The Salary Calculator turns an hourly wage into the income figures people actually budget with — yearly, monthly, and weekly. It multiplies your hourly rate by the hours you work each week, then by the number of paid weeks in your year. The yearly total is divided by 12 for a monthly figure, and the weekly figure is simply your hourly wage times your weekly hours.

Adjust the "Weeks per Year" field to match your situation. Most full-time workers use 52, but if you take unpaid time off or work a seasonal schedule, you may use 50 or fewer to get a more realistic number.

The Salary Formula Explained

Annual Salary = Hourly Wage × Hours per Week × Weeks per Year

Monthly = Annual ÷ 12 · Weekly = Hourly Wage × Hours per Week

For example, if you earn $25 per hour, work 40 hours per week, and are paid all 52 weeks: $25 × 40 × 52 = $52,000 per year, or about $4,333 per month.

Why Knowing Your Annual Income Matters

Comparing Job Offers

A $25/hour role and a $52,000 salary can look different but mean the same thing. Converting hourly wages to a yearly figure makes it easy to compare offers on equal footing.

Budgeting

Most budgets are built on monthly income. Translating an hourly wage into monthly take-home pay helps you plan rent, groceries, and savings goals.

Freelance & Contract Work

Contractors and freelancers rarely get a tidy annual number. This calculator projects a yearly income from a billable rate and expected weekly hours.

Negotiating a Raise

Knowing your true annual income — not just your hourly rate — gives you concrete numbers to bring to a compensation discussion.

Gross vs. Net Pay

This calculator shows your gross income — the amount before taxes and deductions. Your actual take-home (net) pay will be lower after federal and state taxes, Social Security, Medicare, and any benefits contributions. A common rule of thumb is that take-home pay is roughly 70–80% of gross, but your real percentage depends on your location, filing status, and deductions.

Use the gross figure here for offer comparisons and budgeting; check your pay stub for the exact net amount you'll receive.

Frequently Asked Questions

How do I convert my hourly wage to a yearly salary?

Multiply your hourly wage by the number of hours you work per week, then multiply by the number of paid weeks per year. For example, $20/hour × 40 hours × 52 weeks = $41,600/year.

How many weeks should I use?

Use 52 if you're paid for a full year. Use 50 if you take about two weeks of unpaid time off. For seasonal or part-year work, enter only the weeks you actually get paid.

Is this my take-home pay?

No. This calculator shows gross income before taxes and deductions. Your net (take-home) pay will be lower.

Does this account for overtime?

No — it assumes a flat hourly rate for every hour. If you regularly work overtime at a higher rate, calculate those hours separately and add them to your yearly total.