Calculators

Salary Calculator

Convert hourly, monthly, and yearly salary instantly with our free salary calculator. Calculate gross to net income with tax estimates, and compare different pay periods.

Use Salary Calculator to get instant results without uploads or sign-ups. Everything runs securely in your browser for fast, reliable output.

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About this tool

Convert between hourly, monthly, and annual salary instantly with our comprehensive salary calculator. Whether you're comparing job offers, negotiating salary, or budgeting, our calculator shows exactly what different pay rates mean in various time periods. Enter your pay in any format - hourly wage, weekly salary, monthly income, or annual compensation - and see all the conversions instantly.

Understanding your true earning potential is crucial for career decisions. An hourly rate might sound low, but when converted to annual salary it could be competitive. Or an impressive annual salary might convert to a surprisingly low hourly rate when factoring in long work weeks. Our calculator also estimates take-home pay after taxes, giving you a realistic picture of actual earnings for budgeting.

Perfect for comparing job offers with different pay structures, evaluating raises and promotions, understanding contract rates vs salary positions, and planning your budget. The calculator assumes standard work weeks (40 hours) but lets you adjust for part-time or overtime hours. All calculations follow standard employment conventions used by HR departments and payroll systems.

Your financial information stays completely private - all calculations happen in your browser with no data sent to servers. Use the calculator as many times as needed to compare different scenarios. Works on all devices and can be used offline after the first visit.

Usage examples

Hourly to Annual Salary

$25/hour for 40-hour work week

Annual: $52,000 | Monthly: $4,333 | Weekly: $1,000 | Bi-weekly: $2,000. Calculation: $25 × 40 hours × 52 weeks = $52,000/year.

Annual Salary to Hourly Rate

$75,000 annual salary, 40 hours/week

Hourly: $36.06 | Monthly: $6,250 | Weekly: $1,442. Useful for comparing salaried job to hourly contract work or freelance rates.

Comparing Job Offers

Job A: $30/hour vs Job B: $65,000/year

Job A: $62,400/year. Job B: $31.25/hour. Job A pays $62,400 annually - $2,600 less than it appears. Hourly comparison reveals better opportunity.

Part-Time Income Calculation

$20/hour working 25 hours/week

Annual: $26,000 | Monthly: $2,167 | Weekly: $500. Part-time at $20/hr earns about half of full-time, useful for student/retirement income planning.

Take-Home Pay Estimation

$80,000 salary with 25% effective tax rate

Gross: $80,000/year ($6,667/month). Net: $60,000/year ($5,000/month). After-tax hourly: $28.85. Know actual spendable income for budgeting.

How to use

  1. Enter your salary amount (can be hourly, weekly, monthly, or annual)
  2. Select the pay period (hourly, weekly, bi-weekly, monthly, or annual)
  3. Enter hours worked per week (typically 40 for full-time)
  4. Enter estimated tax rate percentage for take-home calculation
  5. Click "Run Tool" to see all salary conversions instantly
  6. View hourly, weekly, monthly, and annual equivalents
  7. See estimated gross and net (after-tax) income

Benefits

  • Convert between hourly, weekly, monthly, and annual salary
  • Calculate take-home pay with tax estimates
  • Compare job offers with different pay structures
  • Understand true value of raises and promotions
  • Calculate part-time and overtime earnings
  • See gross and net income for budgeting
  • Evaluate contractor rates vs employee salary
  • Instant calculations as you adjust values
  • No registration or personal information required
  • 100% private - calculations done in your browser
  • Works on all devices - phone, tablet, desktop
  • Free forever with no premium features

FAQs

How do you convert hourly wage to annual salary?

Multiply hourly rate by hours per week, then multiply by 52 weeks. Formula: Annual Salary = Hourly Rate × Hours per Week × 52. For example, $25/hour × 40 hours × 52 weeks = $52,000 annually. This assumes full-time work with 2 weeks unpaid time off. Some calculations use 2,080 hours (40 × 52) as annual work hours.

How do you convert annual salary to hourly rate?

Divide annual salary by hours worked per year. Formula: Hourly Rate = Annual Salary ÷ (Hours per Week × 52). For example, $60,000 ÷ (40 × 52) = $60,000 ÷ 2,080 = $28.85/hour. This helps compare salaried positions to hourly or contract work, especially important for overtime-exempt employees who may work 50+ hour weeks.

What is the difference between gross and net salary?

Gross salary is your total earnings before any deductions - what employers advertise. Net salary (take-home pay) is what you actually receive after taxes, insurance, 401k, and other deductions. Net is typically 70-80% of gross depending on tax rate. For example, $60,000 gross might be $45,000 net (75%) after 25% total deductions. Always budget using net income.

How much tax will be taken from my salary?

Federal tax rates range from 10-37% based on income, plus 7.65% FICA (Social Security + Medicare), plus state tax (0-13% depending on state). Total effective tax rate is typically 20-30% for middle income. For example, $70,000 salary might have 25% total deductions, leaving $52,500 take-home ($4,375/month). Use our estimated tax rate input for personalized calculation.

What is a good hourly wage in 2024?

A "good" wage depends on location, industry, and experience. Median US hourly wage is about $23-28/hour ($48-58k annually). Living wage for single adult is $15-20/hour minimum, more in expensive cities. $30-40/hour ($62-83k) is comfortable middle class. $50+/hour ($104k+) is upper-middle class. Use cost of living in your area to determine adequacy.

How many hours per year do full-time employees work?

Standard calculation: 40 hours/week × 52 weeks = 2,080 hours annually. However, this assumes no vacation or holidays. With 10 vacation days and 10 holidays, actual work is about 1,920 hours (40 hours × 48 weeks). Salaried employees often work 2,000-2,200 hours when including overtime, which can reduce effective hourly rate significantly.

Should I negotiate salary annually or hourly?

Salary positions usually negotiate annual compensation for consistency and professionalism. Hourly positions negotiate hourly rate since pay varies with hours worked. For comparison, convert offers to both formats. An hourly position might pay higher rate but lack benefits, while salaried includes health insurance, 401k match, and paid time off worth 20-30% additional compensation.

How do I compare salaries in different cities?

Use cost of living adjustments. A $70,000 salary in low-cost city equals $100,000+ in high-cost city like San Francisco or NYC. Housing, taxes, transportation, and food costs vary dramatically. Online cost of living calculators compare cities. Also consider state income tax - $70k in Texas (0% tax) equals $78k+ in California (9% tax) for same take-home pay.

What is bi-weekly pay vs semi-monthly?

Bi-weekly pay is every 2 weeks (26 paychecks per year), typically Friday every other week. Semi-monthly is twice per month (24 paychecks per year), typically 15th and last day. Bi-weekly means 2 months per year you get 3 paychecks. For budgeting: annual salary ÷ 26 for bi-weekly, ÷ 24 for semi-monthly. Many people prefer bi-weekly for consistent payday.

How do I calculate salary for part-time work?

Use actual hours per week instead of 40. For example, 25 hours/week × $18/hour × 52 weeks = $23,400 annually. Part-time often lacks benefits, so factor that in. Some part-time roles pay higher hourly rates to compensate for fewer hours and no benefits. Calculate hourly rate including benefit value: full-time $50k + $15k benefits = $65k equivalent ($31.25/hr).

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