Hourly to Salary Calculator 2026 — What Does Your Hourly Wage Really Pay?
When an employer offers you an hourly wage, it can be difficult to picture what that means for your actual annual income and bi-weekly paycheck — especially after taxes. This guide converts the most common hourly wages to annual salary, and then shows you the after-tax take-home pay.
Hourly wage to annual salary conversion table (2026)
Based on a standard 40-hour workweek and 52 weeks per year (2,080 hours):
| Hourly wage | Annual gross | Bi-weekly gross | Est. annual net (no state tax) |
|---|---|---|---|
| $12/hr | $24,960 | $960 | ~$21,500 |
| $15/hr (min wage in many states) | $31,200 | $1,200 | ~$27,000 |
| $18/hr | $37,440 | $1,440 | ~$32,000 |
| $20/hr | $41,600 | $1,600 | ~$35,500 |
| $25/hr | $52,000 | $2,000 | ~$43,800 |
| $30/hr | $62,400 | $2,400 | ~$51,500 |
| $35/hr | $72,800 | $2,800 | ~$58,500 |
| $40/hr | $83,200 | $3,200 | ~$65,000 |
| $50/hr | $104,000 | $4,000 | ~$78,000 |
Important: The "annual net" column assumes no state income tax and standard deductions only. Your actual take-home will differ based on state, filing status, and benefit elections. Use the paycheck calculator with your specific details for an exact figure.
How to calculate hourly to salary manually
The basic formula is simple: Hourly wage × 40 hours × 52 weeks = Annual gross salary. For after-tax income, you then subtract:
- Federal income tax (based on your taxable income after the standard deduction)
- Social Security: 6.2% of gross wages up to $176,100
- Medicare: 1.45% of all gross wages
- State income tax (0% to 13.3% depending on state)
- Any voluntary benefit deductions (health insurance, 401k, HSA)
Part-time hourly wage conversions
Not everyone works 40 hours per week. Here is how to adjust the calculation:
- 20 hours/week (part-time): multiply hourly rate × 1,040 hours/year
- 30 hours/week: multiply hourly rate × 1,560 hours/year
- 40 hours/week (full-time): multiply hourly rate × 2,080 hours/year
For example, a $20/hour part-time employee working 30 hours per week earns $31,200 annually — the same as a $15/hour full-time employee.
Overtime pay: how it affects annual income
Under the Fair Labor Standards Act (FLSA), non-exempt hourly employees must receive 1.5× their regular rate for all hours over 40 in a workweek. This can significantly increase annual income. A $20/hour worker who averages 5 hours of overtime per week earns an additional $7,800 per year ($30 × 5 hours × 52 weeks) on top of their base $41,600 — bringing gross pay to $49,400.
Frequently asked questions
Is $20 an hour a good wage?
At $41,600 annual gross, $20/hour is above the federal poverty level for a single person but below the median US household income. In lower-cost states, $20/hour provides a comfortable single-person income. In high-cost cities like New York or San Francisco, it is considered modest. After taxes, take-home is approximately $34,000–$36,000 annually depending on state.
How do I convert a salary to an hourly rate?
Divide your annual salary by 2,080 (the number of working hours in a standard year). A $60,000 salary is equivalent to $28.85/hour. A $100,000 salary equals $48.08/hour.
Does hourly pay affect how taxes are calculated?
No — the federal income tax calculation is the same whether you are salaried or hourly. Your employer uses your annualized pay rate and W-4 to calculate withholding. The only difference is that hourly employees may see variation paycheck to paycheck if their hours fluctuate.
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