Hourly to Salary Calculator
Convert hourly wage to annual salary with our free online tool. Calculate your yearly income based on your hourly pay rate.
You can use our simple calculator to convert your hourly wage to an equivalent annual, monthly, or weekly salary. This tool will help you understand how much you can expect to make in a year based on your hourly wage.
To use the calculator, simply enter your hourly wage and the number of hours you work per week. The calculator will then provide you with an estimate of your annual, monthly, and weekly salary based on this information.
How to calculate your annual salary?
To calculate your annual salary, you need to multiply your hourly wage by the number of hours you work per week and then multiply that number by 52 (the number of weeks in a year).
Let's see an example:
If you earn $20 per hour and work 40 hours per week, your annual salary would be calculated as follows:
$20 x 40 = $800 (weekly salary)
$800 x 52 = $41,600 (annual salary)
So, if you earn $20 per hour and work 40 hours per week, you can expect to make $41,600 per year.
How to calculate your monthly salary?
To calculate your monthly salary, you need to divide your annual salary by 12 (the number of months in a year).
Let's see an example:
If you earn $20 per hour and work 40 hours per week, your monthly salary would be calculated as follows:
$41,600 / 12 = $3,466.67 (monthly salary)
So, if you earn $20 per hour and work 40 hours per week, you can expect to make $3,466.67 per month.
Hourly rate to salary conversion table
The following table provides a quick reference for converting hourly wages to annual, monthly, and weekly salaries based on a 40-hour workweek.
Hourly Pay | Yearly | Monthly | Weekly | Daily |
---|---|---|---|---|
$10 per hour | $20,800 | $1,733.33 | $400 | $80 |
$11 per hour | $22,880 | $1,906.67 | $440 | $88 |
$12 per hour | $24,960 | $2,080 | $480 | $96 |
$13 per hour | $27,040 | $2,253.33 | $520 | $104 |
$14 per hour | $29,120 | $2,426.67 | $560 | $112 |
$15 per hour | $31,200 | $2,600 | $600 | $120 |
$16 per hour | $33,280 | $2,773.33 | $640 | $128 |
$17 per hour | $35,360 | $2,946.67 | $680 | $136 |
$18 per hour | $37,440 | $3,120 | $720 | $144 |
$19 per hour | $39,520 | $3,293.33 | $760 | $152 |
$20 per hour | $41,600 | $3,466.67 | $800 | $160 |
$21 per hour | $43,680 | $3,640 | $840 | $168 |
$22 per hour | $45,760 | $3,813.33 | $880 | $176 |
$23 per hour | $47,840 | $3,986.67 | $920 | $184 |
$24 per hour | $49,920 | $4,160 | $960 | $192 |
$25 per hour | $52,000 | $4,333.33 | $1,000 | $200 |
$26 per hour | $54,080 | $4,506.67 | $1,040 | $208 |
$27 per hour | $56,160 | $4,680 | $1,080 | $216 |
$28 per hour | $58,240 | $4,853.33 | $1,120 | $224 |
$29 per hour | $60,320 | $5,026.67 | $1,160 | $232 |
$30 per hour | $62,400 | $5,200 | $1,200 | $240 |
$32 per hour | $66,560 | $5,546.67 | $1,280 | $256 |
$35 per hour | $72,800 | $6,066.67 | $1,400 | $280 |
$40 per hour | $83,200 | $6,933.33 | $1,600 | $320 |
What is the median hourly wage in the United States (US)?
According to the Bureau of Labor Statistics (BLS), the median hourly wage in the United States was $20.67 in 2023. This means that half of all workers in the US earned more than $20.67 per hour, while the other half earned less.
What is the average annual salary in the United Kingdom (UK)?
According to the Office for National Statistics (ONS), the average annual salary in the United Kingdom was £33,241 in 2023. This means that the average worker in the UK earned £33,241 per year.
What is the minimum wage in Australia?
The minimum wage in Australia is $21.38 per hour as of July 1, 2023. This means that workers in Australia must be paid at least $21.38 per hour for their work.
What is the living wage in New Zealand?
The living wage in New Zealand is $23.10 per hour as of 2023. This means that workers in New Zealand must be paid at least $23.10 per hour to cover the basic costs of living.
What is the average salary in Canada?
According to Statistics Canada, the average salary in Canada was $1,058 per week in 2023. This means that the average worker in Canada earned $1,058 per week or $55,024 per year.
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