How to use this calculator
Select your pay period (hourly, weekly, biweekly, semimonthly, monthly, or annual) and enter your pay rate. The calculator instantly converts your pay to every other period so you can compare rates side by side.
Adjust the work schedule fields if you work more or fewer than 40 hours per week, or if you take unpaid time off (reduce weeks per year accordingly). Add overtime hours and a multiplier to see how extra hours affect your total compensation. Toggle the tax estimate to see approximate take-home pay after federal income tax and FICA.
Common salary conversions
| Hourly | Weekly | Monthly | Annual |
|---|---|---|---|
| $7.25 | $290 | $1,257 | $15,080 |
| $15.00 | $600 | $2,600 | $31,200 |
| $20.00 | $800 | $3,467 | $41,600 |
| $25.00 | $1,000 | $4,333 | $52,000 |
| $30.00 | $1,200 | $5,200 | $62,400 |
| $40.00 | $1,600 | $6,933 | $83,200 |
| $50.00 | $2,000 | $8,667 | $104,000 |
| $75.00 | $3,000 | $13,000 | $156,000 |
Frequently asked questions
How do you convert an hourly wage to an annual salary?
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 (weeks per year). For example, $25/hour x 40 hours/week x 52 weeks = $52,000 per year. If you get paid time off, use 52 weeks. If not, use the actual number of weeks you work.
What is the difference between biweekly and semimonthly pay?
Biweekly pay means you get paid every two weeks, resulting in 26 paychecks per year. Semimonthly pay means you get paid twice a month (usually the 1st and 15th), resulting in 24 paychecks per year. Biweekly paychecks are slightly smaller, but you get two extra per year.
How much is $15 an hour annually?
At $15 per hour working 40 hours per week for 52 weeks, your annual gross salary would be $31,200. After estimated federal taxes and FICA for a single filer, your take-home would be approximately $26,800, though this varies by state and individual tax situation.
How do you calculate overtime pay?
Under the Fair Labor Standards Act (FLSA), overtime is paid at 1.5 times your regular hourly rate for hours worked beyond 40 in a workweek. For example, if you earn $20/hour and work 45 hours, you get 40 hours at $20 ($800) plus 5 hours at $30 ($150), totaling $950 for the week.
What is a good salary in the United States?
The median household income in the U.S. is approximately $75,000 per year. A "good" salary depends heavily on your location, family size, and cost of living. In high-cost cities like San Francisco or New York, $100,000 may feel tight, while the same salary goes much further in lower-cost areas.