Hourly to Salary Calculator: Convert Any Hourly Wage to Annual Income
If you are paid by the hour, one of the most common questions is: what does my hourly wage actually equal as an annual salary? The answer depends on how many hours you work per week and how many weeks you work per year. The standard formula assumes 40 hours per week and 52 weeks per year, giving 2,080 working hours annually — but real-world earnings are lower once you account for unpaid time off, holidays, and sick days.
This hourly to salary calculator converts your hourly rate into daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, and annual equivalents. It also provides an adjusted figure that accounts for holidays and vacation days, so you can see the difference between your theoretical annual salary and what you would actually earn in a typical year.
Hourly-to-salary conversion is essential when comparing job offers (one quoted hourly, another as annual salary), setting freelance rates, calculating overtime impact, or simply budgeting. The results might surprise you — a $20/hour job translates to $41,600/year unadjusted, but with 25 days off it drops to about $37,600.
Key Data & Statistics
| Metric | Value |
|---|---|
| Standard Work Hours/Year | 2,080 (40 hrs x 52 weeks) |
| Average US Hourly Wage (2026) | ~$34/hour |
| Federal Minimum Wage | $7.25/hour |
| Highest State Minimum Wage | $17.00/hour (WA) |
| Median Hourly Wage | ~$23/hour |
| Overtime Rate (FLSA) | 1.5x for hours > 40/week |
Pre-Calculated Examples
| Scenario | Gross | Net / Result | Details |
|---|---|---|---|
| Minimum Wage | $15/hour | $31,200/year | 40 hrs/wk x 52 weeks |
| Median Wage | $23/hour | $47,840/year | 40 hrs/wk x 52 weeks |
| Skilled Trade | $35/hour | $72,800/year | 40 hrs/wk x 52 weeks |
| Professional | $50/hour | $104,000/year | 40 hrs/wk x 52 weeks |
| Consultant | $75/hour | $156,000/year | 40 hrs/wk x 52 weeks |
Calculate Your Salary
Salary Information
Enter your salary information to see all pay frequency conversions
Who Uses This Calculator?
Job offer comparison
Convert an hourly job offer to annual salary so you can compare it directly against salaried positions with benefits.
Freelance pricing
Determine what hourly rate you need to charge as a freelancer to match or exceed a specific annual salary target.
Overtime calculation
See how overtime hours at 1.5x rate affect your effective annual salary when working beyond 40 hours per week.
Part-time income estimation
Calculate annual income for part-time work at fewer than 40 hours per week.