Hourly to Salary Calculator
Convert your hourly wage to annual salary and see take-home pay estimates.
All Pay Periods
Take-Home Estimate
Estimated after taxes (simplified)
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How to Convert Hourly to Salary
The basic formula is simple:
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year
For example, $25/hour at 40 hours/week for 52 weeks:
- $25 × 40 × 52 = $52,000 per year
Most people use 52 weeks, but if you take 2 weeks unpaid vacation, use 50 weeks for a more accurate estimate.
Fun Facts 🎉
💰 The $1/Hour Rule
Every $1/hour increase in hourly wage equals about $2,000/year (at 40 hrs/week).
| Hourly Rate | Annual Salary |
|---|---|
| $15 | $31,200 |
| $20 | $41,600 |
| $25 | $52,000 |
| $30 | $62,400 |
| $50 | $104,000 |
⏰ The 2,080 Hour Year
At 40 hours/week × 52 weeks = 2,080 hours/year
Quick mental math: Hourly rate × 2,000 ≈ Annual salary
🏠 The Minimum Wage Reality
At federal minimum wage ($7.25/hour):
- Annual salary: $15,080
- Monthly: $1,257
- After taxes: ~$1,100/month
That is below the poverty line for a single person in most US cities.
💼 Salary vs Hourly: Hidden Trade-offs
| Factor | Hourly | Salary |
|---|---|---|
| Overtime pay | Usually yes (1.5x) | Usually no |
| Consistent paycheck | No | Yes |
| Schedule flexibility | Less | More |
| Benefits | Sometimes | Usually |
Take-Home Pay Reality
Your paycheck is NOT your salary! Expect to lose 20-35% to:
- Federal income tax (10-37%)
- State income tax (0-13%)
- Social Security (6.2%)
- Medicare (1.45%)
Example: $52,000 Salary (Single, Medium State Tax)
- Gross: $52,000
- Federal Tax: ~$4,500
- State Tax: ~$2,600
- Social Security: ~$3,224
- Medicare: ~$754
- Take-Home: ~$40,922 ($3,410/month)
You keep about 79% of your gross pay.
Negotiation Tips
1. Know Your Market Rate Research salaries for your role on Glassdoor, LinkedIn, Levels.fyi
2. Calculate Total Compensation
- Base salary
- Bonus potential
- Health insurance value (~$500-1,500/month)
- 401k match (free money!)
- Stock options/RSUs
- PTO days
3. The Ask for More Rule
- Ask for 10-20% more than their offer
- They expect negotiation
- Worst case: they say no
A job offering $60K salary + 5% 401k match + $500/month health insurance is worth ~$72K in total compensation. Always look at the full picture!