Common Hourly Wages — Annual Equivalents

Click any wage below to populate the calculator instantly. All figures are gross annual salary at full-time 40 hours per week using the IRS standard 2,080-hour work year.

$10/hr
$1,733/mo
$12/hr
$2,080/mo
$15/hr
$2,600/mo
$17/hr
$2,947/mo
$18/hr
$3,120/mo
$20/hr
$3,467/mo
$22/hr
$3,813/mo
$25/hr
$4,333/mo
$30/hr
$5,200/mo
$35/hr
$6,067/mo
$40/hr
$6,933/mo
$50/hr
$8,667/mo

The Hourly to Annual Salary Formula

The conversion from hourly to annual salary uses one of two formulas depending on whether you work full-time or part-time. Both are sourced from the Bureau of Labor Statistics and used in IRS Publication 15 payroll calculations.

Full-Time (40 hrs/week)

FormulaHourly × 2,080
Where2,080 = 40 hrs × 52 weeks
Example$18.75 × 2,080 = $39,000
Monthly$39,000 ÷ 12 = $3,250
Biweekly$39,000 ÷ 26 = $1,500

Part-Time (any hours)

FormulaHourly × hrs × 52
Example (28 hrs)$18.75 × 28 × 52 = $27,300
vs full-time gap$39,000 − $27,300 = $11,700 less
Monthly$27,300 ÷ 12 = $2,275
Biweekly$27,300 ÷ 26 = $1,050

Worked Example — $22.50/hr at 37.5 hours per week

Annual salary$22.50 × 37.5 × 52 = $43,875.00
Monthly gross$43,875 ÷ 12 = $3,656.25
Biweekly gross$43,875 ÷ 26 = $1,687.50
Weekly gross$43,875 ÷ 52 = $843.75
Daily gross$22.50 × (37.5 ÷ 5) = $168.75
vs full-time gap$22.50 × 2,080 = $46,800 − $43,875 = $2,925 less per year

Gross pay before taxes. Calculate net take-home pay →

Hourly to Annual Salary — Complete Reference Table

All figures use 40 hours per week and 52 weeks per year (2,080 annual hours). Gross pay before taxes. For net pay after FICA, federal, and state tax use the take-home pay calculator.

Hourly wage to annual salary conversion table — full-time 40 hrs/week
Hourly rate Annual Monthly Biweekly Weekly Daily
$7.25 (federal min)$15,080$1,257$580$290$58
$10.00$20,800$1,733$800$400$80
$12.00$24,960$2,080$960$480$96
$13.00$27,040$2,253$1,040$520$104
$14.00$29,120$2,427$1,120$560$112
$15.00$31,200$2,600$1,200$600$120
$16.00$33,280$2,773$1,280$640$128
$17.00$35,360$2,947$1,360$680$136
$18.00$37,440$3,120$1,440$720$144
$19.00$39,520$3,293$1,520$760$152
$20.00$41,600$3,467$1,600$800$160
$21.00$43,680$3,640$1,680$840$168
$22.00$45,760$3,813$1,760$880$176
$23.00$47,840$3,987$1,840$920$184
$24.00$49,920$4,160$1,920$960$192
$25.00$52,000$4,333$2,000$1,000$200
$26.00$54,080$4,507$2,080$1,040$208
$27.00$56,160$4,680$2,160$1,080$216
$28.00$58,240$4,853$2,240$1,120$224
$29.00$60,320$5,027$2,320$1,160$232
$29.90 (US median)$62,192$5,183$2,392$1,196$239
$30.00$62,400$5,200$2,400$1,200$240
$35.00$72,800$6,067$2,800$1,400$280
$40.00$83,200$6,933$3,200$1,600$320
$45.00$93,600$7,800$3,600$1,800$360
$50.00$104,000$8,667$4,000$2,000$400
$60.00$124,800$10,400$4,800$2,400$480
$75.00$156,000$13,000$6,000$3,000$600
$100.00$208,000$17,333$8,000$4,000$800

US median hourly wage $29.90 per BLS Q4 2025 data. Federal minimum wage $7.25 per DOL.

How Vacation and Unpaid Time Affects Annual Salary

The 2,080-hour formula assumes you are paid for all 52 weeks. For salaried employees this is correct — your annual salary is fixed regardless of paid time off. For hourly workers who take unpaid time, every week off reduces annual earnings by one week of pay.

Effect of unpaid weeks on annual salary — $25/hr at 40 hrs/week
Weeks workedAnnual hoursAnnual salary at $25/hrLost vs 52 weeks
52 weeks (no unpaid time)2,080$52,000
51 weeks (1 unpaid week)2,040$51,000−$1,000
50 weeks (2 unpaid weeks)2,000$50,000−$2,000
49 weeks (3 unpaid weeks)1,960$49,000−$3,000
48 weeks (4 unpaid weeks)1,920$48,000−$4,000

This is why the salary vs hourly comparison matters when evaluating job offers. A salaried position at $50,000 includes paid vacation — an equivalent hourly contract at $24.04/hr (the hourly equivalent of $50,000) pays less if you take any unpaid time off during the year.

What Your Hourly Wage Means in 2026

Converting hourly to annual is only half the picture. Here is how common hourly wages compare to US benchmarks sourced from Bureau of Labor Statistics data and the federal minimum wage.

Hourly wage context — US benchmarks 2026
Hourly wageAnnual salaryBenchmark comparison
$7.25/hr$15,080Federal minimum wage — DOL
$10.00/hr$20,800Above federal minimum — below poverty line for family of 4
$15.00/hr$31,200Most common state minimum wage target in 2026
$20.00/hr$41,600Below US median individual income
$29.90/hr (US median)$62,192BLS median — 50th percentile of all full-time workers
$35.00/hr$72,800Top 35% of US full-time earners
$48.08/hr$100,000Six-figure salary threshold — top ~18% of earners

For a full breakdown of where any salary sits relative to other US workers — by age, state, and industry — see our average American salary guide. To understand how much of your hourly earnings you actually keep after taxes see our gross pay vs net pay guide.

Hourly to Annual Salary — FAQ

How do I convert hourly wage to annual salary?

Multiply your hourly rate by your weekly hours then multiply by 52. For full-time 40 hours per week use the shortcut: hourly × 2,080. Example: $18.75 × 2,080 = $39,000 annual salary. For part-time replace 40 with your actual weekly hours: $18.75 × 30 × 52 = $29,250. Use the calculator above for instant results at any wage and any hours.

What is $15 an hour annually?

$15 per hour equals $31,200 per year at full-time 40 hours per week ($15 × 2,080). Monthly gross is $2,600. Biweekly gross is $1,200. Weekly gross is $600. $15/hr is above the federal minimum wage of $7.25 but below the US median individual income of approximately $62,192. After federal tax and FICA, take-home pay on $31,200 is roughly $25,500–$27,500 depending on state. Use the take-home pay calculator for your exact net figure.

What is $20 an hour annually?

$20 per hour equals $41,600 per year at full-time hours ($20 × 2,080). Monthly gross is $3,467. Biweekly gross is $1,600. After federal tax, FICA (7.65%), and a moderate state income tax, take-home pay is approximately $33,000–$36,000 per year. $20/hr is below the US median of $29.90/hr but above the $15/hr state minimum wage threshold most US workers now have.

What is $25 an hour annually?

$25 per hour equals $52,000 per year at full-time hours ($25 × 2,080). Monthly gross is $4,333. Biweekly gross is $2,000. $25/hr is slightly below the US median hourly wage of $29.90. It is a comfortable wage in lower-cost states but tight in high-cost cities. See our average American salary guide for state-by-state context.

What is $30 an hour annually?

$30 per hour equals $62,400 per year at full-time hours ($30 × 2,080). Monthly gross is $5,200. Biweekly gross is $2,400. $30/hr puts you right at the US median wage — the 50th percentile of all full-time workers per BLS Occupational Employment Statistics. After taxes in a moderate-tax state, take-home is approximately $48,000–$53,000 per year.

How does vacation time affect hourly to annual conversion?

The 2,080-hour formula assumes you are paid for all 52 weeks. Salaried employees receive their full annual salary regardless of paid vacation — hourly workers who take unpaid time off earn less. For every unpaid week off, subtract one week of pay. A $25/hr worker taking 2 unpaid weeks earns $25 × 50 × 40 = $50,000 — not $52,000. Paid vacation weeks are already included since the employer continues paying the agreed hourly or salary rate.

Should I include overtime when converting hourly to annual?

No — calculate base annual salary first using your standard rate and regular hours. Overtime pay under FLSA (1.5× regular rate for hours above 40 per week) is variable and cannot be reliably annualised. Use the overtime pay calculator to estimate annual overtime earnings and add that figure to your base annual salary for a complete picture.

What is $18 an hour annually?

$18 per hour equals $37,440 per year at full-time hours ($18 × 2,080). Monthly gross is $3,120. Biweekly gross is $1,440. Weekly gross is $720. $18/hr is the common starting wage in retail, food service, and entry-level office roles in many US states. After federal tax and FICA, take-home is approximately $30,500–$33,000 depending on state.