How do I convert hourly wage to annual salary?

Annual Salary = Hourly Rate × Hours Per Week × 52 weeks. $20/hour × 40 hours × 52 = $41,600 annual salary.

What is $15 an hour annually?

$15/hour × 40 hours × 52 weeks = $31,200/year. After taxes (approx 18-22%), take-home is around $24,000-$26,000/year.

How many working hours in a year in USA?

Standard full-time: 40 hours/week × 52 weeks = 2,080 hours/year. Minus holidays (10 days) and vacation (10 days) = approximately 1,920 productive hours.

Is $25 an hour good pay in USA?

$25/hour = $52,000/year, above the US median household income of ~$56,000. It's good for entry-level professionals in most US cities except high-cost areas like NYC and SF.

How do I calculate overtime pay?

Overtime rate = Regular hourly rate × 1.5. For $20/hour: overtime = $30/hour. Some employers pay double time for holidays or work over 12 hours.

💼 Hourly to Salary Calculator USA

Convert Hourly Wage to Annual Salary — All Pay Periods

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📊 Hourly Rate to Annual Salary Chart

Hourly Rate	Annual (40hrs)	Monthly	Bi-Weekly
$15/hr	$31,200	$2,600	$1,200
$17/hr	$35,360	$2,946	$1,360
$20/hr	$41,600	$3,466	$1,600
$25/hr	$52,000	$4,333	$2,000
$30/hr	$62,400	$5,200	$2,400
$35/hr	$72,800	$6,066	$2,800
$40/hr	$83,200	$6,933	$3,200
$50/hr	$104,000	$8,666	$4,000

Frequently Asked Questions

How do I convert hourly to annual salary?

Formula: Hourly x Hours/week x Weeks/year. Standard: Hourly x 40 x 52 = Annual. Quick trick: double your hourly rate and add three zeros. $20/hr = $40,000/yr. $25/hr = $50,000/yr. $50/hr = $100,000/yr. This works for standard 40-hour weeks.

What is the federal minimum wage in 2026?

Federal minimum wage is $7.25/hour (unchanged since 2009). However, many states have higher minimums: California $16/hr, New York $16/hr, Washington $16.28/hr, Colorado $14.42/hr, Massachusetts $15/hr. Over 30 states now have state minimums above federal level.

How is overtime calculated?

Federal law requires 1.5x regular rate for hours over 40/week for non-exempt employees. Example: $20/hr regular, $30/hr overtime. California also requires daily overtime for hours over 8/day and double-time for hours over 12/day. Salaried exempt employees generally don't receive overtime.