Hourly to Salary Calculator Guide — 2026
Whether you are comparing a job offer, understanding what your current wage represents as an annual figure, or negotiating a raise, knowing your annual salary equivalent is essential. This calculator converts any hourly wage to an annual salary — including overtime — and shows your estimated monthly and weekly pay at a glance.
The Basic Hourly to Annual Formula
The core calculation is straightforward: multiply your hourly rate by the number of hours you work per week and then by the number of weeks you work per year. The most common standard is 40 hours per week for 52 weeks, giving 2,080 working hours — the benchmark used throughout US employment law, government contractor billing and HR salary benchmarking.
However, the right number of weeks depends on your actual situation. If you take two weeks unpaid leave, use 50 weeks. If you work a seasonal job for only 30 weeks per year, use 30. The calculator lets you enter any combination, making it equally useful for full-time employees, part-time workers, contractors and seasonal workers.
Common Hourly Rates and Their Annual Equivalents
Here are the annual equivalents for common hourly rates at 40 hrs/week, 52 weeks — the most widely cited figures when searching "how much is $X an hour":
$12/hr → $24,960/year ($2,080/month)
$15/hr → $31,200/year ($2,600/month)
$17/hr → $35,360/year ($2,947/month)
$20/hr → $41,600/year ($3,467/month)
$25/hr → $52,000/year ($4,333/month)
$30/hr → $62,400/year ($5,200/month)
$35/hr → $72,800/year ($6,067/month)
$40/hr → $83,200/year ($6,933/month)
$50/hr → $104,000/year ($8,667/month)
How Overtime Affects Your Annual Income
For hourly workers in the United States, the Fair Labor Standards Act (FLSA) requires most non-exempt employees to be paid at least 1.5× their regular rate for hours worked above 40 per week. This is commonly called "time-and-a-half." Some employers and collective agreements go further — paying double time (2×) on certain days or beyond a daily threshold. A small number of roles pay no overtime premium at all, just the straight hourly rate for every hour worked.
Overtime can significantly boost total annual income. Even modest regular overtime — just 5 extra hours per week at 1.5× — adds $9,750 to a $25/hr worker's annual earnings on top of the base $52,000, a 19% increase. For a $20/hr worker, the same pattern adds $7,800, taking annual income from $41,600 to $49,400.
No overtime: $25 × 40 × 52 = $52,000/yr
5 OT hrs/wk at 1.5×: $52,000 + ($25 × 1.5 × 5 × 52) = $61,750/yr (+$9,750)
10 OT hrs/wk at 1.5×: $52,000 + ($25 × 1.5 × 10 × 52) = $71,500/yr (+$19,500)
5 OT hrs/wk at 2×: $52,000 + ($25 × 2 × 5 × 52) = $65,000/yr (+$13,000)
Overtime Exemptions — When 1.5× Doesn't Apply
Not every worker is entitled to FLSA overtime. The law creates an "exempt" category for employees who meet certain salary and job-duty tests. As of 2024, employees paid at least $684/week ($35,568/year) in a bona fide executive, administrative, professional, computer-related or outside sales role are typically exempt and receive no overtime pay, regardless of hours worked.
This is a critical point when comparing a salaried offer to an hourly one. A salaried "exempt" role paying $65,000/year may look better than a $30/hr hourly job — until you factor in that the $30/hr worker earns overtime on any hours above 40. If the role regularly involves 50-hour weeks, the hourly worker earns $30 × 40 + $30 × 1.5 × 10 = $1,650/week, or $85,800/year — well above the $65,000 salary. Use the overtime field in this calculator to model that comparison directly.
Monthly Pay — Average vs Weekly-Based Method
This calculator offers two methods for monthly pay. The average method (Annual ÷ 12) is the standard for personal budgeting — it gives a consistent monthly figure that matches most salary-based bills and savings plans. The weekly × 52 ÷ 12 method scales from weekly pay and is more relevant when modelling payroll for workers paid fewer than 52 weeks. For most full-time workers these will be identical; they diverge for seasonal or part-year workers.
Part-Time and Irregular Schedules
This calculator works just as well for part-time workers. Simply enter your actual weekly hours — 20, 25, 32 or any figure — and your actual weeks per year. A nurse working 3 × 12-hour shifts per week (36 hours) for 48 weeks per year at $35/hr earns: $35 × 36 × 48 = $60,480 annually. A retail associate at $16/hr working 25 hours for 50 weeks earns: $16 × 25 × 50 = $20,000 annually.
Using This Calculator to Negotiate a Pay Rise
Knowing your current annual equivalent — and what a proposed new rate would mean — gives you a clear, objective basis for salary discussions. If you currently earn $22/hr and are offered a $2/hr raise, enter both rates to see the annual difference: ($22 → $45,760/yr) vs ($24 → $49,920/yr) — a $4,160 annual increase. Framing a raise negotiation in annual terms often makes the case more tangible for both sides.
If your employer counter-offers with a salaried package instead of a rate increase, use our Salary to Hourly Calculator to convert that offer back to an hourly equivalent and verify it is genuinely better — including any reduction in overtime eligibility that a salaried role might entail.
After-Tax Hourly Pay — What You Actually Take Home
All figures in this calculator are gross — before tax. Your actual take-home depends on your filing status, deductions, state tax rate and FICA contributions in the US, or your PAYE band and National Insurance class in the UK. As a rough guide, a single US filer on $52,000 gross takes home approximately $40,000–$43,000 after federal income tax and FICA, depending on state. Use our Take-Home Pay Calculator to get an accurate after-tax estimate based on your exact situation.
Related Calculators
- Salary to Hourly Calculator — convert annual salary back to an hourly rate.
- Take-Home Pay Calculator — estimate US or UK net pay after all taxes and deductions.
- Budget Calculator — allocate your monthly take-home across spending and savings goals.
- Inflation Calculator — check whether your wage has kept pace with rising prices.
- Percentage Calculator — quickly calculate raise percentages, bonuses and pay cuts.
- Loan Calculator — plan loan repayments based on your income.
Frequently Asked Questions
1) How much is $25 an hour annually?
At 40 hours/week for 52 weeks: $25 × 40 × 52 = $52,000/year. At 50 working weeks: $50,000. With 5 overtime hours per week at 1.5×: add $9,750, giving $61,750 total. Enter your exact hours and overtime in the calculator above for a precise figure.
2) How much is $20 an hour annually?
At 40 hours/week for 52 weeks: $20 × 40 × 52 = $41,600/year. Monthly average: $3,467. With 5 weekly overtime hours at 1.5×, annual income rises to $49,400. At 50 working weeks with no overtime: $40,000.
3) How much is $15 an hour annually in 2026?
At 40 hours/week for 52 weeks: $15 × 40 × 52 = $31,200/year ($2,600/month). At 50 working weeks: $30,000. This is directly relevant in 2026 as $15/hour is the minimum wage in several US states including Massachusetts, and the benchmark for the federal minimum wage debate.
4) How is overtime pay calculated?
Overtime weekly pay = Hourly rate × Overtime multiplier × Overtime hours per week. This is added to regular weekly pay (hourly rate × regular hours) to get total weekly pay, then multiplied by weeks per year. Under US FLSA rules, most non-exempt hourly workers are entitled to 1.5× for hours above 40 per week.
5) Is this gross or net pay?
Gross pay only — no taxes or deductions applied. To estimate take-home pay after US federal and state tax, FICA, or UK income tax and National Insurance, use our Take-Home Pay Calculator.
6) What overtime multiplier should I choose?
Choose 1.5× if you are covered by the US FLSA (the most common case for non-exempt hourly workers). Choose 2× if your employer or union agreement pays double time for specific conditions. Choose 1.25× for some UK or shift-work agreements. Choose 1× if you receive no extra premium for additional hours — just your standard rate.
7) Why should I use fewer than 52 weeks?
Use fewer weeks if you take unpaid time off, work seasonal or contract jobs, or are between roles for part of the year. A worker employed 48 weeks at $20/hr for 40 hours earns $20 × 40 × 48 = $38,400 — notably less than the $41,600 from a 52-week assumption. Getting this right prevents overstating annual income.
8) How do I compare my hourly wage to a salaried offer?
Use this calculator to find your annual equivalent including overtime, then compare to the salary offer. Remember to account for any change in overtime eligibility — salaried "exempt" roles in the US generally pay no overtime regardless of hours. If the salaried role involves regular long hours, your effective hourly rate may be lower than it appears. Use our Salary to Hourly Calculator to confirm.
9) What is the difference between average monthly and weekly-based monthly?
For workers paid all 52 weeks these give identical results. They differ for part-year workers: average monthly (Annual ÷ 12) reflects what you earn across the whole calendar year, while weekly-based monthly (Weekly × 52 ÷ 12) calculates what a full year of your weekly rate would give — useful when modelling a full-year equivalent for a part-year income.