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Hourly to Yearly Salary Conversions — Every Common Rate

Each page below answers one rate: the annual, monthly and per-paycheck figures, an estimate of what survives federal tax and FICA, and what the number becomes at part-time hours or with unpaid weeks. The arithmetic is the easy part — the pages exist because the assumptions underneath it (40 hours, 52 paid weeks, salaried rather than contract) are the part that is usually wrong.

If you want your own hours and unpaid weeks rather than the standard assumptions, the hourly-to-yearly calculator takes them as inputs.

Where the standard figure comes from

Every conversion on this page starts from 2,080 hours — 40 hours a week for 52 weeks. It is the convention because salaried pay already contains holiday and sick leave, so a salaried year genuinely is 52 paid weeks however many you actually work. Hourly pay does not work that way, and that single difference is behind most of the confusion in these queries.

Three things move the answer away from the standard figure, and each page below shows the arithmetic for its own rate:

• Unpaid weeks. On most hourly and contract arrangements a week not worked is a week not paid. Three unpaid weeks removes about 6% of the year — larger than most annual raises.
• Part-time hours. Below roughly 30 hours a week you also frequently fall under the threshold for employer health coverage, which is usually worth more than the hourly difference.
• Contract versus salaried. On a 1099 you pay both halves of FICA — an extra 7.65% — and buy your own benefits. A contract rate generally needs to be 25-30% above the salaried equivalent to break even.

Marginal rate is not your tax rate

Each page shows both a top federal bracket and an effective rate, because the two get confused constantly. Your bracket applies only to the income above that bracket's threshold, not to everything you earn — which is why moving into a higher bracket never leaves you with less money overall, despite how often that is repeated. The effective rate, the one that actually describes your bill, is always lower.

State tax is excluded throughout. It ranges from nothing in nine states to about 11% in California and Hawaii, and a single blended number would be wrong everywhere. Where you need it, the salary calculator takes your state as an input.

Every rate

• $10 an hour — $20,800 a year
• $11 an hour — $22,880 a year
• $12 an hour — $24,960 a year
• $13 an hour — $27,040 a year
• $14 an hour — $29,120 a year
• $15 an hour — $31,200 a year
• $16 an hour — $33,280 a year
• $17 an hour — $35,360 a year
• $18 an hour — $37,440 a year
• $19 an hour — $39,520 a year
• $20 an hour — $41,600 a year
• $21 an hour — $43,680 a year
• $22 an hour — $45,760 a year
• $23 an hour — $47,840 a year
• $24 an hour — $49,920 a year
• $25 an hour — $52,000 a year
• $26 an hour — $54,080 a year
• $27 an hour — $56,160 a year
• $28 an hour — $58,240 a year
• $29 an hour — $60,320 a year
• $30 an hour — $62,400 a year
• $32 an hour — $66,560 a year
• $35 an hour — $72,800 a year
• $37.5 an hour — $78,000 a year
• $40 an hour — $83,200 a year
• $42 an hour — $87,360 a year
• $45 an hour — $93,600 a year
• $47.5 an hour — $98,800 a year
• $50 an hour — $104,000 a year
• $55 an hour — $114,400 a year
• $60 an hour — $124,800 a year
• $65 an hour — $135,200 a year
• $70 an hour — $145,600 a year
• $75 an hour — $156,000 a year
• $80 an hour — $166,400 a year
• $85 an hour — $176,800 a year
• $90 an hour — $187,200 a year
• $95 an hour — $197,600 a year
• $100 an hour — $208,000 a year