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Hourly Rate to Salary Calculator

Enter your hourly rate, hours per week, and weeks per year to get your annual salary.

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Annual salary
$62,400.00
Monthly
$5,200.00
Weekly
$1,200.00

How to use this calculator

  1. 1Enter your hourly rate.
  2. 2Enter the hours you work per week and weeks per year.
  3. 3Read the equivalent annual, monthly, and weekly pay.

How the Hourly Rate to Salary Calculator works

Formula
Annual salary = Hourly rate × Hours per week × Weeks per year

Turning an hourly rate into a salary equivalent helps you benchmark contract work against permanent roles and set income goals. Multiply your hourly rate by the hours you work each week and the weeks you work each year — full-time is often taken as 2,080 hours (40 × 52).

If you are a freelancer, the salary equivalent flatters reality a little: not every hour is billable, and you carry costs an employer would normally cover. Use it as a benchmark, then price your actual rate with the freelance hourly rate calculator.

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Frequently asked questions

How do I convert hourly to salary?

Multiply the hourly rate by hours per week and weeks per year. $30/hr at 40 hours × 52 weeks is $62,400 a year.

What is the “×2080” shortcut?

Full-time is often taken as 2,080 hours a year (40 × 52), so a quick estimate is hourly rate × 2,080.

Does this apply to freelancers?

It gives the salary equivalent of your rate, but as a freelancer not every hour is billable — use the freelance hourly rate calculator to price properly.