Hourly Salary Calculator
Enter your monthly salary and weekly working hours. The calculator calculates your hourly wage, daily wage and annual salary. The most common weekly working hours are 37.5 h (office, retail) and 40 h (industry).
Hourly wage
Daily wage
Monthly salary
Annual salary
How to Calculate Your Hourly Wage
Converting between hourly, monthly, and annual salary is essential for comparing job offers, negotiating pay, and understanding your true earning rate. The hourly salary calculator does this conversion instantly.
Conversion Formulas
Hourly Wage = Annual Salary ÷ (Weekly Hours × 52)
Hourly Wage = Monthly Salary ÷ (Weekly Hours × 52 ÷ 12)
Annual Salary = Hourly Wage × Weekly Hours × 52
Worked Example
You earn a gross monthly salary of $4,500 and work 40 hours per week:
- Monthly working hours: 40 × 52 ÷ 12 = 173.33 hours/month
- Hourly wage: $4,500 ÷ 173.33 = $25.96/hour
- Annual salary: $25.96 × 40 × 52 = $54,000/year
Hourly Wage to Annual Salary Conversion Table
| Hourly Wage | Weekly (40h) | Monthly | Annual |
|---|---|---|---|
| $10.00 | $400 | $1,733 | $20,800 |
| $15.00 | $600 | $2,600 | $31,200 |
| $20.00 | $800 | $3,467 | $41,600 |
| $25.00 | $1,000 | $4,333 | $52,000 |
| $30.00 | $1,200 | $5,200 | $62,400 |
| $40.00 | $1,600 | $6,933 | $83,200 |
| $50.00 | $2,000 | $8,667 | $104,000 |
| $75.00 | $3,000 | $13,000 | $156,000 |
Standard Working Hours by Industry
Working hours vary by sector, employer, and sometimes by state. Here are common standards in the U.S.:
| Industry | Typical Weekly Hours | Monthly Hours |
|---|---|---|
| Office / white-collar | 40 h | 173.3 |
| Retail / hospitality | 30–40 h | 130–173 |
| Manufacturing | 40 h | 173.3 |
| Construction | 40–50 h | 173–217 |
| Healthcare (nursing) | 36–40 h | 156–173 |
| Tech / software | 40 h | 173.3 |
| Part-time (any) | 20–30 h | 87–130 |
Minimum Wage in the United States
The federal minimum wage has been $7.25/hour since July 2009. However, many states and cities set higher minimums:
| State | Minimum Wage (2024) | Annual (40h/wk) |
|---|---|---|
| Federal | $7.25 | $15,080 |
| California | $16.00 | $33,280 |
| New York | $16.00 | $33,280 |
| Washington | $16.28 | $33,862 |
| Florida | $13.00 | $27,040 |
| Texas | $7.25 | $15,080 |
Gross vs. Net Hourly Wage
Gross salary is your pay before taxes and deductions. Net salary is what you actually take home after:
- Federal income tax (10–37% depending on bracket)
- State income tax (0–13.3% depending on state)
- Social Security tax (6.2% up to $168,600 in 2024)
- Medicare tax (1.45%, plus 0.9% surcharge above $200,000)
- Health insurance premiums (if employer-sponsored)
- 401(k) or retirement contributions
When comparing job offers, always compare gross rates — that is the figure stated in job postings. Use a Net Salary Calculator to estimate your take-home pay.
When Is Knowing Your Hourly Rate Useful?
- Salary negotiations — Easier to compare different offers when you know the real hourly rate
- Overtime pay — Federal law (FLSA) requires 1.5× regular rate for hours over 40 per week
- Freelance pricing — Your employed hourly rate is a baseline; freelancers should add 25–40% for self-employment taxes, insurance, and unpaid time off
- Part-time comparison — Is a 20 h/week job at $30/hr better than full-time at $22/hr?
Frequently Asked Questions
How do I convert hourly wage to annual salary?
Multiply your hourly rate by weekly hours, then by 52. For example, $25/hr × 40 hrs/week × 52 weeks = $52,000/year.
How many hours are in a work year?
A standard full-time work year is 2,080 hours (40 hours/week × 52 weeks). Accounting for 10 federal holidays and 2 weeks of vacation, the effective total is closer to 1,920 hours.
What is the federal minimum wage in the US?
The federal minimum wage is $7.25 per hour as of 2024. Many states and cities have higher minimum wages — California, New York, and Washington all exceed $16.00/hour.
How do I calculate overtime pay?
Under the FLSA, overtime is 1.5× your regular rate for hours over 40 per week. Some states require overtime after 8 hours per day. Formula: Overtime pay = (regular rate × 1.5) × overtime hours.
Is $20 per hour a good salary?
At $20/hour working 40 hours/week, annual gross pay is $41,600. Whether this is comfortable depends on your location — it is well above minimum wage but below the national median of ~$59,000.
Related Tools
- Annual Salary Calculator — Convert hourly pay to annual salary
- Monthly Salary Calculator — See your monthly earnings from hourly rate
- Net Salary Calculator — Estimate your take-home pay after taxes
- Overtime Calculator — Calculate overtime pay and earnings
- Work Hours Calculator — Track daily and weekly work hours