Income Converter - Salary Calculator

Convert hourly to annual salary instantly. Calculate weekly, monthly, and yearly income with tax estimates. Compare job offers and plan your budget with our free income conversion tool.

Calculate Annual Income

Enter your hourly rate and work schedule to see yearly salary

Your hourly rate of pay before taxes

Full-time is typically 40 hours per week

Include paid vacation time in your calculation

Combined federal, state, and local tax rate (typically 20-30%)

How to Convert Hourly Wage to Annual Salary

Converting an hourly wage to annual salary with our income converter helps you understand the true value of a job offer, plan your budget, and compare different employment opportunities. This salary calculator multiplies your hourly rate by the total hours you'll work in a year to show your complete income breakdown.

For standard full-time employment (40 hours per week, 52 weeks per year), multiply your hourly wage by 2,080 to get your gross annual income. For example, $25 per hour equals $52,000 per year before taxes. Our income conversion tool always accounts for vacation time - if you take 2 weeks off, use 50 weeks instead of 52 in your calculation for accurate salary estimates.

Common Hourly to Salary Conversions

$15/hour

Annual salary: $31,200/year | Monthly: $2,600 | Weekly: $600 | Common for entry-level retail and service positions

$20/hour

Annual salary: $41,600/year | Monthly: $3,467 | Weekly: $800 | Typical for skilled trades and administrative roles

$25/hour

Annual salary: $52,000/year | Monthly: $4,333 | Weekly: $1,000 | Common for technical and professional positions

$30/hour

Annual salary: $62,400/year | Monthly: $5,200 | Weekly: $1,200 | Typical for experienced professionals and specialists

Understanding Your Income Breakdown and Take-Home Pay

Your gross annual salary is only part of the picture when using an income estimator tool. Take-home pay (net income) is what you actually receive after taxes and deductions. Federal income tax, state tax, Social Security, Medicare, and other withholdings can reduce your paycheck by 20-35% depending on your tax bracket and location.

A $50,000 annual salary typically results in $35,000-$40,000 in actual take-home pay. Use the tax rate field in our paycheck converter to estimate your net income across time periods. For precise calculations including health insurance, retirement contributions, and other deductions, refer to our Paycheck Calculator tool for a complete salary breakdown.

Factors Affecting Your Income Conversion

⏰ Work Schedule

Part-time (30 hours/week) earns 25% less than full-time. Overtime hours typically pay 1.5x your base rate, significantly boosting annual earnings when you convert weekly pay to annual salary.

🏖️ Vacation Time

Paid vacation doesn't reduce salary, but unpaid time off does. Two weeks unpaid vacation reduces annual income by about 4% (50 weeks vs 52 weeks) in your income calculation.

💼 Benefits Package

Health insurance, 401(k) matching, and bonuses add significant value beyond base salary. A $50k salary with benefits can equal $60k+ in total compensation when you convert income properly.

📍 Location

State and local taxes vary widely. A $60k salary in Texas (no state tax) provides more take-home than the same annual to hourly wage conversion in California or New York.

Frequently Asked Questions

How do I convert hourly wage to annual salary?
To convert hourly to yearly salary, multiply your hourly rate by hours worked per week, then multiply by weeks worked per year. For example: $25/hour × 40 hours/week × 52 weeks/year = $52,000 annual salary. Use our salary converter above to automatically compute weekly, monthly, and yearly income from your hourly wage.
How much is $25 an hour per year?
At $25 per hour working full-time (40 hours/week for 52 weeks), your annual salary is $52,000 before taxes. After a typical 25% tax rate, your take-home pay would be approximately $39,000 per year, or $3,250 per month. This assumes no vacation time. With 2 weeks vacation (50 working weeks), you'd earn $50,000 gross annually.
What is the formula for hourly to salary conversion?
The annual income calculator formula is: Hourly Rate × Hours per Week × Weeks per Year = Annual Salary. For standard full-time work, this is: Hourly Rate × 40 × 52. To find monthly salary, divide annual salary by 12. To calculate take-home pay, subtract your effective tax rate (typically 20-30% including federal, state, and local taxes).
How many hours is full-time for salary calculation?
Full-time employment is typically 40 hours per week in the United States, which equals 2,080 hours per year (40 hours × 52 weeks). Part-time is generally 30-35 hours per week. When converting hourly wage to salary, adjust the hours per week field to match your actual work schedule for accurate income conversion results.
Should I include vacation time in my salary calculation?
Yes, for realistic salary breakdown calculations. Most jobs offer 2-4 weeks of paid vacation annually. If you work 50 weeks instead of 52 (accounting for 2 weeks vacation), multiply your hourly rate by 40 hours × 50 weeks instead of 52. For example, $30/hour × 40 × 50 = $60,000 instead of $62,400.
What tax rate should I use for take-home pay estimation?
Your effective tax rate depends on income level and location. A reasonable estimate is 20-30% combined (federal, state, FICA). Lower incomes (under $50k) might use 20-22%, middle incomes ($50k-$100k) use 25-28%, and higher incomes use 30%+. This income calculator uses your input to estimate taxes, but consult a tax professional for exact withholding.
Can I use this to convert salary to hourly rate?
Yes! This income conversion tool works both ways. To convert annual salary to hourly wage, divide your yearly salary by 2,080 (40 hours × 52 weeks). For example, a $50,000 salary equals $24.04 per hour. Enter different values to compare salaries across time periods.
How accurate is this income estimator tool?
This salary calculator provides accurate gross income conversions based on the hours and weeks you specify. Tax estimates are approximations - actual take-home pay varies by filing status, deductions, state/local taxes, and benefits. For precise paycheck calculations including all deductions, use our Paycheck Calculator tool.

Why Use This Income Conversion Tool?

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Compare Job Offers

Instantly see which hourly position pays more with our salary converter

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Budget Planning

Convert income across time periods for rent, loans, and savings goals

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Instant Results

Calculate weekly to monthly to annual income in seconds

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Tax Estimates

See realistic take-home pay with our income estimator

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100% Private

All salary calculations happen in your browser - no data stored

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Mobile Friendly

Convert salary to hourly on any device, anywhere

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