What your annual income works out to
Your annual income is your hourly wage multiplied by the hours you work each week and the number of weeks you work per year: Annual = hourly rate × hours per week × weeks per year. At $25 an hour, 40 hours a week, 52 weeks a year, that is 25 × 40 × 52 = $52,000 a year — about $4,333 a month and $1,000 a week before tax. If you start from a wage rather than a salary, the hourly to salary calculator gets you to the same annual figure.
How to use this calculator
Enter your hourly wage, your usual hours per week, and how many weeks you work in a year. Most full-time workers use 52 weeks; if you take two unpaid weeks off, enter 50. The result updates instantly and shows yearly, monthly, weekly and daily equivalents so you can compare offers on any pay basis.
Income at different hourly rates
Assuming full-time hours (40/week, 52 weeks), here is roughly what each wage adds up to per year:
| Hourly wage | Annual | Monthly |
|---|---|---|
| $15 | $31,200 | $2,600 |
| $20 | $41,600 | $3,467 |
| $25 | $52,000 | $4,333 |
| $35 | $72,800 | $6,067 |
| $50 | $104,000 | $8,667 |
Gross income vs. take-home pay
This calculator shows gross income — your pay before any deductions. Your actual take-home pay is lower after federal and state income tax, Social Security and Medicare (FICA), and any contributions to health insurance or a retirement plan. As a rough rule, take-home is often 70–80% of gross, but it depends heavily on your state and tax situation.
Part-time, overtime and unpaid leave
If your hours change week to week, use your average. Working more than 40 hours often triggers overtime pay at 1.5× your rate, which this simple model does not include. To go the other direction — from a yearly salary back to an hourly figure — use the salary to hourly calculator.
Common mistakes when estimating annual income
The frequent errors: multiplying weekly pay by 4 instead of 4.33 for the monthly figure (a month is not exactly four weeks); using 52 weeks while taking unpaid leave, which overstates the total — drop to 50 for two unpaid weeks; and treating gross as take-home. Your deposited pay is lower after federal and state tax, Social Security and Medicare (FICA), and any health or retirement contributions. Build your budget on the take-home figure, not the gross headline.
These figures are an estimate for general information only and are not financial advice; consult a qualified professional before making money decisions.
Income terms glossary
- Gross income — total pay before any deductions; what this calculator shows.
- Net (take-home) income — what lands in your account after tax and deductions, usually 70–80% of gross.
- FICA — Social Security (6.2%) and Medicare (1.45%) payroll taxes withheld from pay.
- Pay period — how often you are paid (weekly, biweekly, semi-monthly, monthly); see the biweekly pay calculator.
- Salaried vs hourly — salaried pay is fixed per year; hourly pay scales with hours worked.
Frequently asked questions
- How do I calculate my annual income from an hourly wage?
- Multiply your hourly wage by hours worked per week, then by weeks worked per year. For example, $25 × 40 × 52 = $52,000 per year.
- How many work hours are in a year?
- A standard full-time schedule of 40 hours a week over 52 weeks is 2,080 hours per year. Subtract unpaid time off if you take any.
- Is this gross or net income?
- It is gross income — your pay before taxes and deductions. Your take-home pay will be lower, often around 70–80% of gross depending on your tax situation.
- What hourly wage equals $100,000 a year?
- At full-time hours (2,080 per year), about $48 an hour gives roughly $100,000 in annual gross income.
- Should I use 52 or 50 weeks?
- Use 52 if you are paid for vacation. If you take unpaid time off, lower the weeks figure accordingly — for two unpaid weeks, use 50.