Hourly to Annual Salary Calculator 2026
Convert your hourly wage to an annual salary equivalent in United States. Adjust for actual hours per week. Also shows monthly, weekly, and daily pay.
Converting between hourly and annual — for job comparisons or budgeting.
Based on 40hr/week, 52 weeks/year. Adjust in Standard mode for actual hours.
How to convert hourly to annual salary US
Convert hourly wage to annual salary by multiplying by hours worked and weeks. Adjustments needed for overtime, unpaid time off, FICA, federal and state taxes.
Core formula
Annual salary = Hourly rate × Hours/week × Weeks/year. Full-time (40 hrs × 52 weeks) = 2,080 hrs/yr. $20/hr × 2,080 = $41,600/yr. Part-time (20 hrs × 52) = 1,040 hrs. $20 × 1,040 = $20,800.
The 2,080 hours shortcut
US recruiters use: Hourly rate × 2,080 = annual salary. $25 × 2,080 = $52,000. Works for standard 40-hour weeks. For 35-hour weeks use 1,820; for 37.5 use 1,950.
From gross to net (take-home)
Federal income tax (10-37% progressive). FICA (7.65%: 6.2% SS + 1.45% Medicare). State income tax (0-13.3%). Local income tax (some cities). 401(k) pre-tax contributions reduce federal/state tax.
FLSA overtime rules
Non-exempt employees earn 1.5x their regular rate for hours over 40 in a workweek. $20/hr base, 5 hrs OT/week at $30 = $150 extra × 52 = $7,800/yr OT. Exempt salaried employees — those paid at least $684/week ($35,568/year) in a bona fide executive, administrative, or professional role — are not owed overtime. Note that US employment is at-will and there is no federal statutory paid vacation, so paid time off (PTO) is set by each employer.
US hourly rate to salary conversion 2026
All figures are gross (before tax). Full-time assumes 40 hours a week for 52 weeks (2,080 hours a year), the standard US benchmark. Weekly = rate × 40; bi-weekly = rate × 80; monthly = annual ÷ 12.
Full-time (40 hrs × 52 weeks = 2,080 hrs)
| Hourly rate | Weekly | Bi-weekly | Monthly | Annual gross |
|---|---|---|---|---|
| $7.25 (federal min) | $290 | $580 | $1,257 | $15,080 |
| $15/hr | $600 | $1,200 | $2,600 | $31,200 |
| $20/hr | $800 | $1,600 | $3,467 | $41,600 |
| $25/hr | $1,000 | $2,000 | $4,333 | $52,000 |
| $30/hr | $1,200 | $2,400 | $5,200 | $62,400 |
| $40/hr | $1,600 | $3,200 | $6,933 | $83,200 |
| $50/hr | $2,000 | $4,000 | $8,667 | $104,000 |
| $75/hr | $3,000 | $6,000 | $13,000 | $156,000 |
| $100/hr | $4,000 | $8,000 | $17,333 | $208,000 |
Take-home is lower than gross. Every paycheck loses FICA (7.65% = 6.2% Social Security + 1.45% Medicare) plus federal income tax, and state income tax in the 41 states that levy one (0% in TX, FL, WA, NV, TN, SD, WY, AK, NH). Use the Paycheck Calculator for a state-specific net figure.
Part-time (20 hrs × 52 weeks = 1,040 hrs)
| Hourly rate | Weekly | Monthly gross | Annual gross |
|---|---|---|---|
| $15/hr | $300 | $1,300 | $15,600 |
| $25/hr | $500 | $2,167 | $26,000 |
| $40/hr | $800 | $3,467 | $41,600 |
Part-time roles under 30 hours a week are usually exempt from the ACA employer health-coverage mandate, so factor the value of any lost benefits when comparing a part-time rate to a full-time one.
US federal and state minimum wages 2026
The federal minimum wage is $7.25/hour and has not changed since July 2009. Where a state or city sets a higher rate, the higher rate is the one that applies. Full-time (FT) annual figures below assume 2,080 hours a year.
Federal and key state minimums
| Jurisdiction | Min wage 2026 | Annual FT |
|---|---|---|
| Federal (tipped $2.13) | $7.25 | $15,080 |
| Washington | $17.13 | $35,630 |
| New York (NYC, LI, Westchester) | $17.00 | $35,360 |
| California | $16.90 | $35,152 |
| New York (rest of state) | $16.00 | $33,280 |
| Colorado | $15.16 | $31,533 |
| Massachusetts | $15.00 | $31,200 |
| Illinois | $15.00 | $31,200 |
| Florida | $14.00 | $29,120 |
| Texas, Alabama, etc. | $7.25 (federal) | $15,080 |
Twenty states still default to the $7.25 federal floor. Florida rises again to $15.00 on 30 September 2026 as it phases toward its voter-approved target.
Tipped minimum wage
The federal cash wage for tipped workers is $2.13/hour; the employer takes a tip credit of up to $5.12, but cash wages plus tips must reach at least $7.25/hour or the employer makes up the difference. Seven states (CA, OR, WA, MT, MN, AK, NV — plus HI's near-equivalent) require the full minimum wage before tips. In California, a tipped worker must be paid the full $16.90 cash wage and keeps tips on top.
Local minimum wages
Many cities exceed their state rate. For 2026, Seattle is $21.30 and San Francisco reaches $19.61 (from 1 July 2026); New York City's fast-food and delivery workers have their own higher floors. Always check the local ordinance — the highest applicable rate wins.
US overtime pay and exemption thresholds
FLSA exempt salary threshold 2026
To be exempt from overtime, a salaried executive, administrative, or professional employee must be paid at least $684/week ($35,568/year). The DOL's 2024 rule that would have raised this to $43,888 and then $58,656 was vacated by a federal court in November 2024, and in 2026 the DOL formally restored the 2019 levels. Highly compensated employees are exempt at $107,432/year. Anyone below the salary threshold — or paid hourly — is non-exempt and owed 1.5x for hours over 40 a week.
Non-exempt overtime calculation
1.5x rate over 40 hours per week. Example: $20/hr base, 8 hrs OT = $30 × 8 = $240 extra. Some states require daily overtime (CA: over 8 hrs/day). Not required to pay double time federally.
California double-time rules
Unique: 1.5x after 8 hrs/day or 40 hrs/week. Double time after 12 hrs/day. 7th consecutive day: 1.5x first 8 hrs, double after. Most complex overtime rules in US.
Bonus calculation
Non-discretionary bonuses included in overtime rate calculation. Discretionary bonuses excluded. Regular rate for OT = (all pay + bonuses) ÷ all hours worked. Adds 25-40% to payroll complexity for employers.
FAQFrequently asked questions about US hourly to salary
What's gross vs net hourly pay?
Gross is before tax. Net is after federal, state, FICA, and benefit deductions. $25/hr gross ≈ $18-20/hr net (varies by state). FICA alone is 7.65%.
How to compare salary offer to hourly rate?
Divide annual salary by hours per year (usually 2,080). $60k salary = $28.85/hr. Add benefits value: health insurance ($5-10k), 401(k) match ($3-6k), PTO (2-4 weeks value).
Is $20/hr a good wage US?
$20/hr = $41,600/yr full-time. Below median household income ($75k) but above median individual income ($40k). Livable in low-cost states (TX, OK); tight in high-cost states (CA, NY).
Does overtime count for annual salary?
Yes — regular OT pay should be included. $50k base + $10k OT = $60k effective annual income. Banks count consistent OT in mortgage pre-approval (often at 50-75% for stability).
What's $50,000 salary hourly US?
$50,000 ÷ 2,080 hours = $24.04/hr. At 37.5 hrs/week: $25.64/hr. Take-home: ~$41,500/year (TX) or ~$39,800 (CA).
Where these figures come from
Income figures on this page are drawn from The IRS (tax treatment), the Social Security Administration (payroll tax base), and the US Bureau of Labor Statistics (national earnings data).
- Federal income tax brackets — IRS — Federal Income Tax Rates and Brackets.
- FICA payroll tax (6.2% + 1.45%) — IRS Topic 751 — SS & Medicare Withholding.
- SS wage base & 2026 COLA — SSA — Contribution and Benefit Base.
- National wage & earnings data — BLS — Wages.
- Federal minimum wage — US Department of Labor — Minimum Wage.
Last checked: April 2026. Rates and thresholds are reviewed against the source of record each November, when annual adjustments for the following tax year are published.
Select the question that matches where you are right now.
Your result shows the income breakdown based on the salary, hours, or payment details you entered — using current tax rates and standard employment conditions.
Use this to compare job offers, understand your effective hourly rate, or see how a raise flows through to take-home pay. Adjust inputs to model different scenarios.
Not a payslip or employer commitment. Actual pay depends on your specific employment agreement, deductions, and employer calculations.
Uses current tax rates and standard employment conditions. Calculator arithmetic runs in your browser; the calculator code does not submit your figures to GlobalCalc to obtain a result.
Income calculations are driven by gross pay, tax bracket, and any pre-tax benefits or deductions. The gap between gross and net widens as income rises due to progressive tax rates.
The difference between your gross salary and take-home pay reflects federal income tax, FICA (Social Security and Medicare), and any student loan payments. Higher income means a larger percentage goes to tax.
For hourly workers, the number of hours and any FLSA overtime (1.5x the regular rate for non-exempt employees over 40 hours a week) drive the effective annual income. Unlike a salaried role, unpaid time off directly reduces your total.
Pre-tax 401(k), HSA, and FSA contributions reduce taxable income — lowering your effective tax rate and shifting the gross-to-net split. Employer-provided health insurance and a 401(k) match are part of total compensation even though they never appear in your gross pay.
To improve your income position, focus on reducing tax drag, negotiating better terms, or restructuring how you receive compensation.
Weigh the 401(k) match, health insurance, PTO, and bonuses alongside base pay — not just the headline rate. Because PTO is employer-set (there is no federal paid-vacation law), an extra week of paid leave has real dollar value.
Directing income to a pre-tax 401(k), HSA, or FSA lowers your federal taxable income now, so more of each raise stays with you instead of going to tax.
Converting salary to an hourly rate (or vice versa) helps compare roles with different structures on a like-for-like basis.
Income connects to tax, retirement saving, and budgeting decisions. Use these calculators to see the full picture.
See the full breakdown including federal income tax, FICA (Social Security and Medicare), and your effective tax rate.
Income tax calculator →See how much of a raise actually reaches your bank account after federal tax and FICA.
Raise calculator →Use your take-home pay to build a monthly budget and identify surplus for saving or debt repayment.
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