To turn an hourly wage into a yearly salary, multiply by hours per week and paid weeks per year. A full-time year is 40 × 52 = 2,080 hours, so $25 an hour is $52,000 a year: about $4,333 a month or $2,000 every two weeks before taxes. Going the other way, divide the salary by the hours you actually work.
Employers do not all count the same way. The U.S. Office of Personnel Management computes hourly rates for most federal employees by dividing annual pay by 2,087 hours, the average number of paid hours in a year once leap years and the calendar are averaged out. This calculator shows that figure alongside the usual 2,080-hour result.
How to use the hourly to salary calculator
- Choose whether you are converting an hourly wage to a salary or the reverse.
- Enter the wage or salary.
- Enter your usual hours per week.
- Enter paid weeks per year: 52 if you get paid holidays and vacation, fewer if time off is unpaid.
Formula
Worked example
$25 an hour, 40 hours a week, 52 paid weeks.
- Annual: 25 × 40 × 52 = $52,000.
- Monthly: $52,000 ÷ 12 = $4,333.33. Biweekly: $52,000 ÷ 26 = $2,000. Weekly: $1,000.
- OPM method: $52,000 ÷ 2,087 = $24.92 an hour.
With two unpaid weeks off (50 paid weeks), the same wage is $50,000 a year.
Quick conversions at 2,080 hours
| Hourly | Annual | Monthly |
|---|---|---|
| $15 | $31,200 | $2,600 |
| $20 | $41,600 | $3,467 |
| $25 | $52,000 | $4,333 |
| $30 | $62,400 | $5,200 |
| $40 | $83,200 | $6,933 |
| $50 | $104,000 | $8,667 |
A quick rule: double the hourly rate and add three zeros to approximate the salary ($30 an hour ≈ $60,000). Biweekly pay means 26 paychecks a year, so two months each year have three paychecks; semimonthly means exactly 24. All figures are gross pay before income tax, Social Security, Medicare and benefit deductions. Lenders use gross monthly income in the debt-to-income ratio calculator. To total your hours from a timesheet, use the time duration calculator (hours between two times).
Comparing an hourly and a salaried offer
Job A pays $28 an hour; job B pays a $60,000 salary. At 40 hours for 52 weeks, job A is $28 × 2,080 = $58,240. But if job A doesn't pay for two weeks of holidays or vacation, it is $28 × 40 × 50 = $56,000, about $4,000 less than job B. Going the other way, $60,000 ÷ 2,080 = $28.85 an hour.
Also compare the hours you would actually work: a salary that regularly needs 50-hour weeks is $60,000 ÷ (50 × 52) = $23.08 an hour. Benefits such as health insurance and retirement matching can be worth thousands more and are not included here. To track actual hours, use the time duration calculator (hours between two times).
Caveats and assumptions
- Gross pay only; taxes and deductions are not estimated.
- Overtime, shift differentials, tips and bonuses are not included.
- Results are rounded to the cent; payroll systems may round per pay period.
Frequently asked questions
How much is $25 an hour per year?
$52,000 a year at 40 hours a week for 52 weeks, or $50,000 with two unpaid weeks.
How many working hours are in a year?
The usual figure is 2,080 (40 × 52). The federal government uses a 2,087-hour divisor to average the calendar over time.
How do I convert salary to hourly?
Divide the annual salary by hours per week × paid weeks. $52,000 ÷ 2,080 = $25.00 an hour.
What is the difference between biweekly and semimonthly pay?
Biweekly is every two weeks (26 checks a year). Semimonthly is twice a month (24 checks), so each semimonthly check is a little larger.
How much is $60,000 a year per hour?
About $28.85 an hour at 2,080 hours a year.
Sources
- U.S. Office of Personnel Management — Computing Hourly Rates of Pay Using the 2,087-Hour Divisor — federal hourly rate = annual pay ÷ 2,087
- CFPB — What is a debt-to-income ratio? — gross monthly income definition
This calculator gives estimates for planning and education only. It is not financial, tax or investment advice. Your lender, card issuer, employer or tax authority uses its own terms, fees and rounding, so confirm figures with them before deciding. See our disclaimer and how we build and check calculators.