💰 Free Salary Calculator

Our free salary calculator converts your pay between hourly, daily, weekly, biweekly, monthly, and yearly formats instantly, and estimates take-home pay using a blended tax rate you control. Whether you are negotiating a job offer, comparing contract rates, or planning a budget, this hourly to salary converter shows exactly what your time is worth across every common pay period. Everything runs locally in your browser, so your salary information stays private.

The tool also handles real-world complications: optional overtime at a 1.5x premium, vacation and holiday adjustments for paid or unpaid time off, and a filing-status shortcut that suggests a sensible starting tax rate. Enter one figure and the table fills in the gross and estimated net value for every period at once.

Please remember this tool provides estimates only and is not financial or tax advice. Actual deductions depend on your state, employer, benefits, and withholdings; for personalized guidance consult a qualified professional.

The salary conversion starts from whichever pay period you enter. If you enter an hourly rate, it multiplies by your weekly hours and 52 weeks to get the annual figure. Daily, weekly, and monthly values are derived from the annual total. All calculations use standard assumptions: 40 hours/week, 5 days/week, 52 weeks/year, and 4.33 weeks/month for monthly equivalents.

Example: $25/hour x 40 hours x 52 weeks = $52,000/year.

When overtime is enabled, the tool adds 1.5x your hourly rate for the extra hours each week, multiplied by 52, to the annual total. When the adjusted vacation mode is on, it scales every figure by the share of the year you actually work. The blended tax rate is then applied to produce the net column, so you can see gross and net side by side for every period.

See how hourly wages translate to annual income — before and after federal taxes. The table uses the 2025 US single-filer standard deduction ($15,000) and federal income tax brackets. State and local taxes are not included and vary widely (7 states have no income tax: AK, FL, NV, SD, TX, WA, WY). For investment planning, see our Compound Interest Calculator.

Calculations assume 2,080 work hours/year (40 hours × 52 weeks), single filing status, standard deduction, and 2025 federal brackets only. FICA (Social Security 6.2% + Medicare 1.45%) reduces take-home by another 7.65%. For loan affordability based on your net income, try our House Affordability Calculator or Loan Calculator.

People use a salary calculator for a wide range of situations, not just out of curiosity:

• Comparing job offers: one offer may quote an hourly rate while another quotes a yearly salary. Converting both to annual figures makes the comparison honest.
• Negotiating a raise: knowing your current rate in every period gives you concrete numbers to anchor a conversation about compensation.
• Freelance and contract pricing: freelancers often need to translate a daily or project rate into an equivalent annual income to see if it covers their costs.
• Budgeting: seeing monthly and biweekly net amounts helps you plan fixed expenses, savings, and discretionary spending.
• Understanding deductions: the gross-versus-net view demystifies why your paycheck is smaller than the headline salary on your offer letter.

Used regularly, the calculator also helps with lifestyle decisions, such as whether working a few overtime hours is worth it after tax, or how much annual income you give up by taking an extra week of unpaid leave. These are exactly the trade-offs a simple conversion table hides but a flexible calculator makes visible.

Forgetting to adjust hours for part-time work: the default assumes 40 hours. If you work 30, the annual figure is 25% lower; leaving the default inflates your true income.

Treating the net estimate as exact: a single blended tax rate cannot capture state taxes, FICA, benefits, or retirement contributions. Use it as a rough planning number, not a payroll prediction.

Ignoring unpaid time off: two weeks of unpaid leave drops a 52-week year to 50 paid weeks. The Adjusted mode exists exactly for this scenario.

Comparing gross of one offer with net of another: always compare like with like. Convert both offers to annual gross first, then apply the same assumptions before deciding.

Overlooking benefits: health insurance, retirement matching, and paid time off have real dollar value. A lower hourly rate with strong benefits can beat a higher rate with none.

1. Enter your amount - Type in your current pay rate.
2. Select the period - Choose Hourly, Daily, Weekly, Bi-weekly, Monthly, or Yearly.
3. Adjust hours/days - Modify the default 40 hours and 5 days per week if needed.
4. Click Calculate - See your equivalent pay across all periods.

How do I convert an hourly wage to annual salary?

Multiply your hourly rate by the hours you work each week, then by 52 weeks. For example, $25/hour x 40 hours x 52 weeks = $52,000 per year. The calculator does this instantly and also fills in the daily, weekly, biweekly, and monthly equivalents.

How do I convert a monthly salary to an hourly rate?

Divide the monthly salary by 12 to get the annual figure, then divide by your weekly hours and by 52. For a $4,333 monthly salary at 40 hours per week: $4,333 x 12 = $52,000, then $52,000 / 52 / 40 = $25 per hour. Select Monthly as the period and the tool does this for you.

Does this calculator include overtime?

Yes, through the optional overtime field. It applies a 1.5x premium to your regular hourly rate for the overtime hours you enter each week, then folds that into the yearly total. Enable the checkbox and set your weekly overtime hours to see the effect across every pay period.

Are taxes included in the result?

The calculator applies the blended tax rate you enter (a suggested default loads for Single or Married) to estimate net pay. It is a simplified estimate: state and local taxes, FICA, benefits, and other withholdings vary, so treat the net column as a planning figure rather than an exact paycheck.

Does it assume a 40-hour week?

Yes, 40 hours per week and 5 days per week are the defaults, but both fields are fully editable. Part-time workers should enter their real weekly hours and days so the annual and monthly figures reflect their actual schedule.

What is the difference between take-home pay and gross salary?

Gross salary is your total pay before any deductions. Take-home pay (net pay) is what actually lands in your bank account after taxes and other withholdings. Most people take home roughly 65-78% of gross, depending on tax brackets, state, and benefits. The calculator shows both columns for every period.

This tool is for informational purposes only and does not constitute financial advice. Consult a qualified financial professional for advice specific to your situation.

When comparing job offers, convert both to annual salary first, then apply the same hours and tax assumptions so the comparison is apples-to-apples. Remember that salaried roles may include benefits such as health insurance, retirement matching, and paid time off that are not reflected in the hourly rate.

Use the overtime and vacation features to model real scenarios: see how much extra income a few overtime hours add after tax, or how much a longer vacation costs in annual terms. Update the tax rate whenever your situation changes, and re-run the calculation after any raise so your budget reflects your actual income.

This tool provides estimates only and is not financial or tax advice. For personalized tax and compensation decisions, consult a qualified professional.

When negotiating, anchor your ask in annual terms but present the monthly number too: managers often think in monthly budgets, while you care about the yearly total. If an offer includes a signing bonus or commission, add it to the annual figure before comparing it with a straight salary. Small differences in hours worked can also change the hourly equivalent significantly, so always compare the same period and the same assumptions.