Salary Calculator

Convert any pay rate — hourly, daily, weekly, bi-weekly, monthly, or annual — into all other formats instantly.

Salary Converter

Note: Results show gross income before taxes. Assumes 40 hrs/week, 52 weeks/year (2,080 hours annually).

Salary Conversion Guide: From Hourly to Annual and Everything In Between

Understanding your compensation in every time frame is essential for financial planning, job negotiations, and budgeting. When evaluating a job offer that quotes an hourly rate, you need to know the annual equivalent to compare it against roles with annual salaries. When you see an annual salary, knowing the monthly take-home helps you plan your budget. The UltraTools Salary Calculator handles all these conversions instantly.

Standard Salary Calculation Assumptions

All conversions assume standard full-time employment: 40 hours per week, 52 weeks per year, giving 2,080 annual hours and 260 working days per year. These are the standard figures used by the U.S. Bureau of Labor Statistics and IRS for compensation comparison.

Pay Period Formula to Annual Example at $25/hour
Hourly × 2,080 hours $52,000/year
Daily (8 hr) × 260 days $200/day → $52,000
Weekly × 52 weeks $1,000/week → $52,000
Bi-Weekly × 26 paychecks $2,000 → $52,000
Monthly × 12 months $4,333 → $52,000
Annual Reference $52,000

Gross Pay vs. Net Take-Home Pay

This calculator computes gross income — the amount before taxes and deductions. Your actual take-home pay is typically 65–80% of gross pay due to federal income tax (10–37%), state income tax (0–13.3%), Social Security (6.2%), Medicare (1.45%), and any voluntary deductions like health insurance or retirement contributions.

Frequently Asked Questions

A standard full-time work year = 52 weeks × 40 hours = 2,080 hours. Some calculations use 2,000 hours to account for 10 federal holidays. Our calculator uses 2,080 for gross income comparisons, which matches the standard IRS definition. If your employer offers more than 10 holidays, your effective hourly rate may be slightly higher than what this calculator shows.
Salary competitiveness depends on industry, location, experience, and specific skills. Data sources like the U.S. Bureau of Labor Statistics Occupational Outlook Handbook, LinkedIn Salary, Glassdoor, and PayScale provide median salary data by role, location, and experience level. Always benchmark against multiple sources before negotiating, as employer surveys can vary significantly.
$25/hour equates to approximately $52,000 annually. Compared to the U.S. median household income of around $75,000 (2023), this is below the median but above the federal poverty guidelines for individuals. In lower cost-of-living regions, $52,000 provides comfortable living. In high-cost cities like San Francisco, New York, or Boston, this income level is considered tight for most households.