Hourly to Salary Calculator Guide: Convert Your Wage to Annual Pay

Converting an hourly wage to an annual salary uses one simple formula: annual salary = hourly wage × hours per week × weeks per year. For a full-time schedule of 40 hours across 52 weeks, that is your hourly rate × 2,080. A $25 hourly wage becomes $52,000 per year, $30 becomes $62,400, and $50 becomes $104,000.

If you work part-time or take unpaid weeks off, reduce the hours-per-week or weeks-per-year figures accordingly. Someone earning $30 per hour but working only 30 hours a week for 48 weeks earns $30 × 30 × 48 = $43,200, not $62,400 — so the schedule matters as much as the rate.

The table below shows common full-time (40 hours × 52 weeks) conversions so you can sanity-check any offer at a glance.

Use the live calculator below in reverse mode: enter your hourly rate and your actual hours and weeks, and it will show the equivalent weekly, biweekly, monthly, and annual pay. This is especially useful for setting freelance rates or comparing a part-time hourly job to a full-time salaried offer. Everything runs in your browser.

Freelancers and contractors should not simply match a salaried hourly rate, because they pay both halves of Social Security and Medicare, buy their own health insurance, fund their own retirement, and have unpaid time between projects. A common rule of thumb is to set freelance rates 30–50% higher than the equivalent salaried hourly wage to deliver comparable net income.

Work backward from the annual income you need, divide by your realistic billable hours (which are always fewer than the hours you work), and add a margin for taxes and benefits. Then track how your income supports long-term goals with the Net Worth Calculator and the Budget Planner.