How pay is converted
Yearly = Hourly × Hours per week × Weeks per year
Hourly = Yearly ÷ (Hours per week × Weeks per year)
A full-time year is usually counted as 40 hours × 52 weeks = 2,080 hours, so $25 an hour is $52,000 a year, and a $60,000 salary is about $28.85 an hour. A quick shortcut: double the hourly rate and add three zeros.
If you take unpaid time off, lower the weeks per year. All figures are gross pay, before tax.
Hourly to salary table
Full-time, 40 hours a week for 52 weeks (2,080 hours), before tax:
| Hourly | Yearly | Monthly | Weekly |
|---|---|---|---|
| $15 | $31,200 | $2,600.00 | $1,200 |
| $18 | $37,440 | $3,120.00 | $1,440 |
| $20 | $41,600 | $3,466.67 | $1,600 |
| $22 | $45,760 | $3,813.33 | $1,760 |
| $25 | $52,000 | $4,333.33 | $2,000 |
| $30 | $62,400 | $5,200.00 | $2,400 |
| $35 | $72,800 | $6,066.67 | $2,800 |
| $40 | $83,200 | $6,933.33 | $3,200 |
| $50 | $104,000 | $8,666.67 | $4,000 |
Weekly pay here is for 40 hours: hourly × 40. Every two weeks is double that.
Next steps
Add up a week's shifts with the hours calculator, and check how much debt your income can carry with the debt-to-income calculator.
Frequently asked questions
How many work hours are in a year?
2,080 for a 40-hour week over 52 weeks. With two weeks unpaid, it is 2,000.
How many biweekly paychecks are in a year?
26, which means two months each year have three paychecks.
Was this calculator helpful?