Salary to Hourly Calculator: Annual Pay to Hourly Rate

How to use the calculator

Pick the direction: Salary → hourly or Hourly → salary.
Enter the amount. For a salary, choose whether it is per year, per month or per week.
Enter the hours you work per week. A standard full-time schedule is 40.
Under Advanced options, enter any unpaid weeks per year, for example unpaid leave or a seasonal break. Leave it at 0 if you are paid all year.

The results show your hourly rate, daily pay (based on a 5-day week), weekly, monthly and annual pay, and how many hours you work in an average month.

How the conversion works

Paid hours per year = hours per week × (52 − unpaid weeks). At 40 hours and no unpaid weeks that is 2,080 hours.
Hourly rate = annual salary ÷ paid hours per year. A monthly salary is multiplied by 12 first; a weekly one by the number of paid weeks.
Hourly → salary: annual pay = hourly rate × paid hours per year.
Monthly = annual ÷ 12, weekly = hourly × weekly hours, daily = weekly ÷ 5.
Hours per month = paid hours per year ÷ 12; 173.33 hours at 40 hours a week.

A quick rule of thumb follows from the 2,080 hours: an hourly rate of $1 is worth about $2,080 a year at full time.

Examples

1. $60,000 a year at 40 hours

$60,000 ÷ 2,080 hours = $28.85 an hour, which is $1,153.85 a week and $5,000 a month.

2. $50,000 with two unpaid weeks

With 50 paid weeks of 40 hours, the salary covers 2,000 hours: $25.00 an hour, or 166.67 hours in an average month.

3. $22 an hour, 37.5 hours a week

The hourly wage adds up to $825 a week, $3,575 a month and $42,900 a year.

Annual salary	Hours per week	Hourly rate	Weekly pay
$60,000	40	$28.85	$1,153.85
$75,000	40	$36.06	$1,442.31
$75,000	45	$32.05	$1,442.31

The last two rows show why hours matter: the same $75,000 salary is worth $32.05 instead of $36.06 per hour if your real week is 45 hours instead of 40.

What the result does not include

All figures are gross, before federal, state and local income taxes, Social Security and Medicare, and any deductions for benefits or retirement. When comparing a salaried job with an hourly one, also compare benefits such as health insurance, paid time off and retirement matching, which this calculator does not value. Hourly workers who are not exempt may also earn overtime above 40 hours a week; use our overtime calculator for that.

Frequently asked questions

How do I convert my salary to an hourly rate?

Divide your annual salary by the hours you are paid for in a year. For a full-time job, that is 40 hours × 52 weeks = 2,080 hours, so $60,000 a year is $28.85 an hour.

How much is $20 an hour per year?

At 40 hours a week for 52 weeks, $20 an hour is $41,600 a year, or $3,466.67 a month before taxes.

Should I count vacation weeks?

If your vacation and holidays are paid, keep all 52 weeks: you are paid for those hours too. Only enter weeks you are not paid for as unpaid weeks. If you want your pay per hour actually worked, you could enter paid vacation weeks there as well, but the annual, monthly and weekly results then describe a different calculation.

What is the federal minimum wage as a yearly salary?

The federal minimum wage is $7.25 an hour. Full time for a full year, that is $290 a week and $15,080 a year. Many states and cities set higher minimums, and employers must follow the higher rate where both apply.

Why is my hourly rate lower than I expected?

Usually because you work more than 40 hours a week on a salary. A $75,000 salary is $36.06 an hour at 40 hours, but $32.05 at 45 hours. Enter the hours you actually work to see your real hourly value.

Sources

This calculator gives gross estimates for comparison only and is not financial or legal advice. Your paycheck depends on your actual hours, taxes, deductions and employment terms.

Results