TopicDrill

Hourly Rate Calculator

Convert any wage or salary into hourly, daily, weekly, monthly and yearly pay. Enter an amount, pick its period, set your schedule and press Calculate.

Written by TopicDrill Editorial Team·Updated June 2026

Share this calculator

Enter your pay

Fill in the details, then press Calculate.

$

Your hourly rate

$25.00/hr

Per day$200.00
Per week$1,000.00
Per month$4,333.33
Per year$52,000.00

Based on 40 hrs/week × 52 weeks = 2,080 paid hours/year. Figures are gross, before tax.

Advertisement

How the hourly rate calculator works

The calculator converts your pay into a single yearly figure, then breaks it back down into every period. The key number is your paid hours per year, which is your hours per week multiplied by the weeks you work per year. A standard full-time schedule of 40 hours across 52 weeks gives 2,080 paid hours.

From there the math is simple: hourly pay is the yearly amount divided by those paid hours, weekly pay is the yearly amount divided by weeks worked, monthly pay is the yearly amount divided by 12, and daily pay is the weekly amount divided by days worked per week.

A quick example

Say you earn $25 per hour, work 40 hours a week, 5 days a week, for 52 weeks. That is 2,080 hours a year, so your gross pay is $52,000 a year, roughly $4,333 a month, $1,000 a week and $200 a day. Change any input and press Calculate to update every figure.

Things to keep in mind

These results are gross pay, before tax and deductions. For tax guidance see the IRS or your local tax authority. If you are self-employed, the Consumer Financial Protection Bureau has useful budgeting resources, and remember to add taxes, expenses and unpaid time to set a sustainable billable rate. You can also browse all our free financial calculators for more tools.

Frequently asked questions

How do you convert a yearly salary to an hourly rate?

Divide the annual salary by the number of paid hours you work in a year. Paid hours equal your hours per week multiplied by the weeks you work per year. For example, $52,000 a year at 40 hours a week for 52 weeks is 2,080 hours, which works out to $25 per hour.

How many work hours are in a year?

A common full-time figure is 2,080 hours, which is 40 hours a week times 52 weeks. If you take unpaid time off, lower the weeks per year. At 48 paid weeks you would use 1,920 hours instead.

Does this calculator account for taxes?

No. It shows gross pay before income tax, deductions and benefits. Your take-home pay will be lower depending on your tax bracket and withholdings.

Should freelancers use this rate directly?

Not exactly. Freelancers should add self-employment taxes, unpaid admin time, software, insurance and downtime, so their billable hourly rate is usually well above an equivalent employee wage.

Related guides

View all →

Advertisement