How to Convert Hourly Wage to Annual Salary
5 min read · Updated September 26, 2026 · by Thomas M, Registered Investment Adviser (South Carolina)
Comparing a job offered per hour with one offered per year is easy once you know the conversion. A standard full-time schedule is 40 hours a week for 52 weeks, which is 2,080 hours. This guide shows how to convert in both directions and how to adjust for part-time hours and unpaid time off.
Hourly to annual
Annual = hourly rate × hours per week × weeks per year. For $25 an hour full time: 25 × 40 × 52 = $52,000.00. That is $4,333.33 a month, $2,000.00 bi-weekly and $1,000.00 a week.
Annual to hourly
Hourly = annual salary ÷ 2,080 (or ÷ hours per week × weeks worked). A $75,000 salary is $36.06 an hour.
Common conversions
| Hourly | Annual (2,080 h) | Monthly |
|---|---|---|
| $15 | $31,200.00 | $2,600.00 |
| $20 | $41,600.00 | $3,466.67 |
| $30 | $62,400.00 | $5,200.00 |
| $40 | $83,200.00 | $6,933.33 |
| $50 | $104,000.00 | $8,666.67 |
Part-time and unpaid time off
For part-time work change the hours: $25 an hour for 25 hours a week is 25 × 25 × 52 = $32,500. If two of the 52 weeks are unpaid, use 50 weeks: $50,000.00 for the full-time example. Salaried jobs typically include paid holidays, hourly jobs may not, which is why a comparison should factor in time off.
Why 2,080 — and why some use 2,087
40 × 52 = 2,080. The U.S. federal government uses 2,087 hours because a year has slightly more than 52 weeks of weekdays. For personal comparisons, 2,080 is an excellent approximation.
Also compare benefits, overtime rules, paid leave and retirement contributions — they can outweigh small differences in base pay.
Practice questions
Test yourself, then tap to check. Answers are calculated by the tools linked below.
- What is $32.50 an hour as an annual salary on a 40-hour week?
Show answer
Annual salary: $67,600.00 · Hourly rate: $32.50
- Income $85,000, $250 of monthly debts, $40,000 down, 6.75% rate, 30 years, 1.2% property tax, $1,400 insurance. What price is affordable?
Show answer
Estimated home price you can afford: $271,146.16 · Estimated monthly housing payment: $1,983.33
- What is 35% of 240?
Show answer
35% of 240: 84
Frequently asked questions
How do I convert hourly pay to annual salary?
Multiply hourly pay by hours per week and weeks per year; for full-time that is hourly × 2,080.
What is $20 an hour per year?
About $41,600 for a full-time schedule of 2,080 hours.
How many work hours are in a year?
A standard full-time year is 2,080 hours (40 × 52), before subtracting any unpaid time off.
How do I calculate monthly pay from hourly?
Annual pay divided by 12.
Try it yourself
Salary Calculator (Hourly to Annual)Convert hourly, daily, weekly, bi-weekly, monthly or annual pay into every other period, with an optional take-home estimate.Home Affordability CalculatorEstimate the home price you can afford from income, debts, down payment and rate using lender debt-to-income ratios.
Percentage CalculatorFind a percent of a number, percent change, and increases or decreases.Keep learning
How to Calculate How Much House You Can Afford8 min readHow to Calculate Percentages7 min readHow Compound Interest Works7 min readReviewed by Thomas M, Registered Investment Adviser (South Carolina), who launched his own financial advisory firm in 2010. Spot a mistake? Tell us. See our editorial policy. Finance content is educational and not financial advice; see the disclaimer.