In short
To turn an hourly wage into a yearly salary, multiply the rate by hours per week and then by 52 weeks. At 40 hours, that is the hourly rate times 2,080, the same factor BLS uses. So $20 an hour is about $41,600 a year and $25 is about $52,000, before taxes. Overtime at time and a half adds more.
Hourly to yearly pay
Change any box. Everything else updates.
Before taxes. BLS turns hourly medians into yearly ones by multiplying by 2,080 hours (40 hours times 52 weeks), the same default used here.
Quick reference at 40 hours a week
| Hourly | Weekly | Monthly | Yearly |
|---|---|---|---|
| $15 | $600 | $2,600 | $31,200 |
| $18 | $720 | $3,120 | $37,440 |
| $20 | $800 | $3,467 | $41,600 |
| $22 | $880 | $3,813 | $45,760 |
| $25 | $1,000 | $4,333 | $52,000 |
| $30 | $1,200 | $5,200 | $62,400 |
Things that change the real number
Unpaid time off lowers your total, so set fewer paid weeks if you will not be paid for holidays or breaks. Overtime raises it. Taxes, health insurance and retirement contributions come out of these gross figures.
Questions people ask
How much is $20 an hour per year?
About $41,600 at 40 hours a week for 52 weeks, before taxes.
How do I convert a salary to hourly?
Divide the yearly salary by 2,080 for a full-time schedule.
Does this include taxes?
No. All figures are before taxes and deductions.