How is annual salary calculated from an hourly wage?

Annual salary = hourly rate × hours per week × weeks per year. For a standard full-time worker at $20/hr working 40 hours/week for 52 weeks, that equals $41,600/year.

What is the standard number of work weeks in a year?

The standard is 52 weeks. However, if you take unpaid vacation or have unpaid leave, you may want to use a lower number such as 50 weeks to get a more accurate figure.

How is the monthly salary figure calculated?

Monthly salary is calculated by dividing the annual salary by 12. Keep in mind that some months have more working days than others, so this is an average monthly figure.

What does biweekly salary mean?

Biweekly means every two weeks. The biweekly salary is the annual salary divided by 26, since there are 26 biweekly pay periods in a year.

Does this calculator account for taxes?

No, all figures shown are gross (pre-tax) amounts. Your actual take-home pay will be lower after federal, state, and local taxes, as well as deductions like Social Security and Medicare.

What if I work different hours each week?

Enter your average hours per week. For example, if you typically work between 35 and 45 hours, enter 40 as a reasonable average.

Is there a quick way to estimate salary from an hourly rate?

Double the hourly rate and add three zeros: $20 an hour is roughly $40,000 a year. The exact figure at 40 hours and 52 weeks is a little higher, $41,600, because a year has 2,080 work hours, not 2,000.

Why do some employers use 2,087 hours instead of 2,080?

2,087 is the average number of weekday hours in a year once leap years are counted. US federal payroll divides annual pay by 2,087 to get an hourly rate. This calculator uses up to 52 weeks, so it follows the 2,080-hour convention; the 2,087 method gives about 0.3% more per year.

Hourly to Salary Calculator

Enter your hourly rate and hours per week to instantly see your equivalent annual, monthly, biweekly, and weekly salary.

Multiply the hourly rate by 2,080, the paid hours in a 40-hour week over 52 weeks. $20 an hour is $41,600 a year, or $3,466.67 a month, before tax.

Your Pay Details

Hourly Wage

Hours Per Week

Weeks Per Year

Use 50 or fewer if you take unpaid time off.

Salary Breakdown

Annual $0 per year

Monthly $0 per month (avg)

Biweekly $0 every 2 weeks

Weekly $0 per week

Full Breakdown

Pay Period	Hours	Gross Pay

All figures are gross (pre-tax). Actual take-home pay will be lower after deductions.

Quick answer

Multiply the hourly rate by 2,080, the paid hours in a 40-hour week over 52 weeks. $20 an hour is $41,600 a year, or $3,466.67 a month, before tax.

Examples

Hourly wage	Yearly (2,080 h)	Monthly	Biweekly
$15	$31,200	$2,600	$1,200
$20	$41,600	$3,466.67	$1,600
$25	$52,000	$4,333.33	$2,000
$30	$62,400	$5,200	$2,400
$50	$104,000	$8,666.67	$4,000

Enter your rate and hours.

Summary

The Hourly to Salary Calculator converts any hourly wage into equivalent annual, monthly, biweekly, and weekly salary figures. Simply enter your hourly rate and the number of hours you work per week to see all pay period breakdowns instantly. It accounts for standard full-time schedules as well as custom part-time or overtime hours.

How it works

Enter your hourly wage in the input field.
Set the number of hours you work per week (default is 40).
Optionally set the number of weeks worked per year (default is 52).
The calculator instantly shows your annual, monthly, biweekly, and weekly salary.
Use the results to compare job offers or budget your finances.

Use cases

Compare a salaried job offer against your current hourly rate.
Estimate gross earnings when switching from hourly to salaried employment.
Budget monthly expenses based on an hourly wage.
Calculate part-time earnings for a reduced hours schedule.
Determine overtime impact on total annual income.
Quickly convert contractor rates to equivalent full-time salary.
Evaluate the financial impact of taking unpaid time off.
Understand your true annual compensation as a freelancer.

Frequently Asked Questions

Last updated: 2026-05-23 · Reviewed by Nham Vu