Convert your hourly wage to annual, monthly, bi-weekly, and daily salary. Includes overtime at time-and-a-half, double time, FICA taxes, and estimated federal withholding based on your filing status.
Enter your hourly wage, hours per week, and weeks per year. Add overtime hours and rate if applicable. The calculator shows your salary at every frequency and provides estimated tax breakdown with FICA and federal withholding.
Disclaimer: This tool is for estimation purposes only. We are not certified financial advisors, CPAs, or legal experts. Please consult a professional before making financial decisions.
About This Calculator
Convert hourly wage to annual salary instantly. Calculate weekly, monthly & yearly earnings. Free US wage calculator. Use our free Hourly Wage to Annual Salary Calculator to run accurate estimates instantly — no sign-up, no downloads, and no personal data stored.
The standard conversion: hourly wage × 2,080 = annual salary (based on 40 hours/week × 52 weeks). A $20/hour wage equals $41,600/year; $25/hour equals $52,000; $30/hour equals $62,400. However, this assumes full-time work with no unpaid time off. If you get 2 weeks unpaid vacation, multiply by 2,000 hours instead (50 weeks × 40 hours).
The federal minimum wage remains $7.25/hour ($15,080/year), unchanged since 2009. However, 30+ states have higher minimums in 2026: Washington ($16.66), California ($16.50), New York ($16.00), Massachusetts ($15.00), and many cities have their own rates (Seattle $19.97, NYC $16.00, San Francisco $18.67). Always check your state and city minimum.
Hourly workers can earn significantly more through overtime. The Fair Labor Standards Act (FLSA) requires 1.5× pay for hours over 40/week for non-exempt employees. Working 50 hours/week at $25/hour: 40 regular hours ($1,000) + 10 overtime hours at $37.50 ($375) = $1,375/week or $71,500/year — 37% more than the base $52,000 salary equivalent.
When comparing hourly wage to salary, factor in total compensation. Salaried employees often receive benefits worth 20–40% of base pay: employer health insurance ($7,000–$15,000/year value), 401(k) match (3–6% of salary), paid time off (10–20 days), and other perks. A $25/hour hourly position without benefits may be worth less than a $22/hour salaried position with full benefits.
Hourly Wage to Annual Salary Conversion (40 hrs/week, 52 weeks)
Hourly Wage
Weekly
Monthly
Annual (2,080 hrs)
After Fed Tax (~12%)
$15.00
$600
$2,600
$31,200
$27,456
$20.00
$800
$3,467
$41,600
$36,608
$25.00
$1,000
$4,333
$52,000
$45,760
$30.00
$1,200
$5,200
$62,400
$54,912
$40.00
$1,600
$6,933
$83,200
$73,216
$50.00
$2,000
$8,667
$104,000
$91,520
How to Use the Hourly Wage to Annual Salary Calculator
Enter your hourly wage rate (before taxes).
Enter hours worked per week (standard is 40) and weeks per year (52, or 50 if you have 2 weeks unpaid time off).
Optionally enter overtime hours per week to see total earnings including overtime pay at 1.5× rate.
Review your daily, weekly, bi-weekly, monthly, and annual earnings — both gross and estimated after-tax amounts.
All calculations run locally in your browser for privacy and speed. Results are estimates for planning purposes — consult a qualified tax professional, financial advisor, or accountant for advice specific to your situation.
Frequently Asked Questions
How much is $20/hour annually?
$20/hour at 40 hours/week for 52 weeks equals $41,600 per year before taxes. After federal income tax (approximately 12% effective rate for this income level), FICA (7.65%), and average state tax (~4%), take-home is approximately $31,500–$33,000 per year or $2,625–$2,750 per month. The exact amount depends on your state, filing status, and deductions.
How many work hours in a year?
Standard full-time: 2,080 hours (40 hours/week × 52 weeks). With 2 weeks paid vacation, you still earn for 2,080 hours but only work 2,000. With 2 weeks unpaid time off, you earn for 2,000 hours. Federal holidays (11 days) reduce actual working hours to approximately 1,928 for office workers, but your annual salary is still based on 2,080 hours.
What is the US minimum wage in 2026?
The federal minimum wage is $7.25/hour ($15,080/year), unchanged since 2009. However, 30+ states have higher minimums: Washington $16.66, California $16.50, New York $16.00, Massachusetts $15.00, Arizona $14.70, Colorado $14.42. Many cities set even higher rates: Seattle $19.97, San Francisco $18.67, NYC $16.00. Your effective minimum wage is the highest of federal, state, and local.
Should I negotiate hourly or salary?
If you regularly work over 40 hours/week, hourly may pay more because you earn overtime (1.5× for hours over 40). If you work exactly 40 hours, salary offers more stability and usually comes with better benefits (health insurance, 401k match, PTO). Rule of thumb: compare total compensation (salary + benefits value) rather than just the base number.
How do I convert annual salary to hourly rate?
Divide annual salary by 2,080 (40 hours × 52 weeks). Examples: $50,000/year ÷ 2,080 = $24.04/hour; $75,000/year = $36.06/hour; $100,000/year = $48.08/hour. For quick math, drop the last three zeros and divide by 2: $60,000 → 60 ÷ 2 = $30/hour. This shortcut is accurate within a few percent.
What is overtime pay and who qualifies?
Under the Fair Labor Standards Act, non-exempt employees must be paid 1.5× their regular rate for hours worked over 40 per week. Most hourly workers are non-exempt. Salaried workers earning under $43,888/year (2024 DOL threshold) are also eligible for overtime. Exempt employees (typically salaried professionals, managers, and executives earning over the threshold) do not qualify for overtime pay.
Related Guide
Free hourly wage calculator for US workers in 2026. Convert hourly rate to annual salary, monthly pay, and weekly pay. I... Read the Full Guide
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Last updated: June 2026 · TheMetricApp provides free financial calculators for US and UK taxpayers, freelancers, gig workers, and small business owners.
