Hourly to Salary Calculator
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Disclaimer: Whilst every effort has been made in building this tool, we are not to be held liable for any damages or monetary losses arising out of or in connection with the use of it. Full disclaimer. This tool is here purely as a service to you, please use it at your own risk.
How to calculate an annual salary from an hourly wage
To determine your annual salary, take your hourly wage and multiply it by the number of paid hours you work per week and then by the number of paid weeks you work per year.
Yearly salary = hourly wage × hours per week × weeks per year
For guidance, a standard working week for a full-time employee is around 40 hours. And if you take two weeks of unpaid leave per year, your number of weeks will be 50, rather than 52.
Example annual salary calculation
As an example, if you make $15 per hour and are paid for working 40 hours per week for 50 weeks per year, your annual salary (pre-tax) will be 15 × 40 × 50 = $30,000. On a side-note, if you want to work out your hours and earnings for a given week, give the time card calculator a try.
Using this formula, we can calculate the following annual incomes from basic hourly pay. It's important to remember that these figures are pre-tax.
| Hourly pay | Weekly pay (40 hrs) | Monthly pay (avg) | Annual salary (50 weeks) |
|---|---|---|---|
| $10 per hour | $400 | $1,666.67 | $20,000 |
| $11 per hour | $440 | $1,833.33 | $22,000 |
| $12 per hour | $480 | $2,000.00 | $24,000 |
| $13 per hour | $520 | $2,166.67 | $26,000 |
| $14 per hour | $560 | $2,333.33 | $28,000 |
| $15 per hour | $600 | $2,500.00 | $30,000 |
| $16 per hour | $640 | $2,666.67 | $32,000 |
| $17 per hour | $680 | $2,833.33 | $34,000 |
| $18 per hour | $720 | $3,000.00 | $36,000 |
| $19 per hour | $760 | $3,166.67 | $38,000 |
| $20 per hour | $800 | $3,333.33 | $40,000 |
| $21 per hour | $840 | $3,500.00 | $42,000 |
| $22 per hour | $880 | $3,666.67 | $44,000 |
| $23 per hour | $920 | $3,833.33 | $46,000 |
| $24 per hour | $960 | $4,000.00 | $48,000 |
| $25 per hour | $1,000 | $4,166.67 | $50,000 |
| $26 per hour | $1,040 | $4,333.33 | $52,000 |
| $27 per hour | $1,080 | $4,500.00 | $54,000 |
| $28 per hour | $1,120 | $4,666.67 | $56,000 |
| $29 per hour | $1,160 | $4,833.33 | $58,000 |
| $30 per hour | $1,200 | $5,000.00 | $60,000 |
What is the US median salary?
The median - or middle - weekly pay for a US worker in 2019 is $908. This works out at $47,216 per year based upon 52 weeks (Bureau of Labor Statistics). US worker salaries vary greatly by occupation and state, as well as other factors.
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