Hourly to salary calculator: instant wage conversion both ways

Convert hourly wage to annual salary, or annual salary to hourly rate, at ToolHQ's hourly to salary converter, free, no account required, with adjustable hours per week and weeks per year, and breakdowns by week, month, and year.

A salary-to-hourly converter applies the formula: Annual salary = Hourly rate × Hours per week × Weeks per year, and works in both directions so you can compare any compensation structure.

Whether you are evaluating a job offer, setting a freelance rate, or comparing two positions with different pay structures, this converter handles the math instantly. Enter any one figure and get all the others, no guessing about whether the numbers compare fairly.

Key Takeaways

• Works both ways: hourly to annual and annual to hourly
• Adjustable hours per week and weeks per year for any work schedule
• Shows breakdowns by week, month, and year in one view
• No data is stored or transmitted, all calculations happen locally in your browser
• Use the schedule reference table below to match your situation

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What is a hourly to salary converter and how does it work?

A hourly to salary converter applies a single formula:

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

For the standard full-time schedule, that is: Hourly rate × 40 × 52 = Annual salary.

So $25/hour × 40 hours × 52 weeks = $52,000/year. Divided by 12, that is $4,333/month. Divided by 40, that is $1,000/week.

ToolHQ's converter works in both directions. If you know your annual salary and want to know your effective hourly rate, enter the annual figure along with your hours and weeks, and the tool calculates backward. This is useful when comparing salaried positions that expect different hours, a $70,000 salary with a 45-hour week works out to a lower hourly rate than the same salary on a 40-hour week.

Under the Fair Labor Standards Act (FLSA), hourly (non-exempt) employees must be paid overtime at 1.5x their regular rate for hours over 40 per week, while salaried (exempt) employees may not receive overtime. The effective hourly rate for a salaried employee who regularly works extra hours can be substantially lower than the stated salary implies.

All calculations run locally in your browser, no data is stored or transmitted.

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When to use a hourly to salary converter

You need this calculator in several practical situations:

• Job offer comparison: You are deciding between a $55,000 salary and a $28/hour contract role at 40 hours per week
• Freelance rate setting: You want your freelance day rate to match a previous salaried income, accounting for unpaid holidays and admin time
• Pay negotiation: You want to know what hourly rate is equivalent to an annual figure the employer proposes
• Part-time to full-time planning: You want to project full-time income from a current part-time hourly rate
• Budget planning: You want to express your income as a monthly figure for budgeting purposes

Mini-story 1: Keisha was leaving a full-time job paying $58,000 per year to go freelance. She needed to set an hourly rate that would replace her income, accounting for two weeks of unpaid vacation and an estimated ten days of unpaid sick and admin time, roughly 42 working weeks per year as a freelancer. She entered $58,000 as her annual target, set weeks to 42 and hours to 40, and the calculator returned $34.52/hour as her break-even rate. She set her client rate at $40/hour to account for self-employment taxes and business expenses, and had a clear, calculated justification for the number.

Convert your wage free at ToolHQ

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How to use the ToolHQ hourly to salary converter

The process is immediate:

1. Go to the tool. Navigate to ToolHQ's hourly to salary converter. No account or sign-up required.
2. Choose your direction. Convert hourly to annual or annual to hourly, the tool works both ways.
3. Enter your rate. Input your hourly rate or annual salary as applicable.
4. Set your schedule. Adjust hours per week and weeks per year to match your actual situation. Defaults are 40 hours and 52 weeks for a standard full-time schedule.
5. Read the breakdown. The result shows your equivalent annual, monthly, and weekly figures all at once.

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Common work schedule reference table

Use this table to quickly identify the right inputs for your situation:

Schedule type	Hours per week	Weeks per year	Notes
Full-time standard	40	52	Standard US full-time with paid vacation
Full-time (no paid vacation)	40	50	Accounts for 2 weeks unpaid
Part-time standard	20	52	Half-time employment
Part-time (reduced year)	20	48	Part-time with seasonal gap
Contractor / freelance	40	48	Accounts for downtime and admin
Intensive contractor	50	50	High-hours contract work

For freelancers, it is worth reducing the weeks figure further if you experience regular pipeline gaps. An independent contractor who works 45 billable weeks per year is earning more per effective hour than one who uses the default 52 weeks, the calculator shows this difference when you adjust the input.

According to the U. S. Bureau of Labor Statistics, the median hourly wage for all US workers was approximately $23/hour in recent data, translating to around $47,840/year at full-time standard hours. Knowing your own figure in relation to this benchmark helps contextualize any compensation decision.

For a full picture of what a salary means after taxes, pair this tool with ToolHQ's tax calculator. For understanding your take-home pay in the context of monthly expenses, ToolHQ's budget planner is the next step.

Mini-story 2: David received a job offer for $72,000 per year but the role expected regular 50-hour weeks. He entered $72,000 as the annual salary, set hours to 50 and weeks to 52, and the calculator returned $27.69/hour, the effective rate based on actual expected hours. His previous job at $62,000 on a strict 40-hour week had an effective rate of $29.81/hour. The lower-titled job was actually paying him more per hour worked. He used this calculation in his negotiation and the employer moved the offer to $78,000.

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Frequently asked questions

How do I convert hourly to annual salary?

Multiply your hourly rate by hours per week and then by weeks per year. Standard formula: Hourly × 40 × 52 = Annual. A $25/hour full-time rate equals $52,000/year.

How do I convert annual salary to hourly?

Divide your annual salary by (hours per week × weeks per year). Example: $52,000 / (40 × 52) = $25/hour. ToolHQ's converter does this automatically.

Does this account for overtime?

No. The calculator uses your stated hours per week, it does not calculate overtime pay. For overtime scenarios, factor in 1.5x your base rate for hours above 40 when projecting total earnings.

Should I use 52 weeks or fewer?

Use 52 weeks if you receive paid vacation. Use fewer if you have unpaid time off. A standard adjustment for unpaid federal holidays is to use 50 weeks. Freelancers often use 46-48 to account for gaps.

Is the hourly to salary converter free?

Yes. ToolHQ's hourly to salary converter is completely free, with no account, no sign-up, and no usage limits.

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The short version

Converting between hourly and annual pay is one of the most common financial calculations anyone does when comparing jobs, setting rates, or planning a career move, and the answer changes significantly depending on actual hours worked per week. ToolHQ's hourly to salary converter works in both directions, adjusts for any schedule, and shows weekly, monthly, and annual breakdowns in one result. It is free, instant, and requires no account.

After calculating your equivalent salary or hourly rate, use ToolHQ's salary calculator for a more detailed compensation breakdown, the tax calculator to estimate take-home pay, and the budget planner to map that income to monthly expenses. Explore more finance tools at ToolHQ for the full range of personal finance calculators.

Convert your wage free at ToolHQ

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