Hourly to Annual Income Calculator

See what an hourly rate adds up to per day, week, month and year, based on the hours and weeks you actually work.

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$
Enter a rate from 0 to 100,000.
hours
Enter a number from 1 to 100.
days
Enter a number from 1 to 7.
weeks
Enter a number from 1 to 52.
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Yearly income

— / year
  • Monthly—
  • Every two weeks—
  • Weekly—
  • Daily—
  • Paid hours per year—

These are gross figures, before tax. Freelancers also need to cover their own expenses.

Common hourly rates at your hours

This table uses the hours and weeks you entered above.

Hourly rateMonthlyYearly
Enter your numbers above to see this table.

How to use this calculator

  1. Enter your hourly rate before tax.
  2. Enter the hours you're paid for each week and how many days you work.
  3. Enter your paid weeks per year. Freelancers aren't paid for vacation, so use the weeks you actually work.

How it's calculated

Weekly = hourly rate × paid hours per week Yearly = weekly × paid weeks per year Monthly = yearly ÷ 12 Every 2 weeks = weekly × 2 Daily = weekly ÷ days worked per week

Worked example

Jordan earns $30 an hour for 40 hours a week, 5 days a week, and is paid for all 52 weeks.

Weekly = 30 × 40 = $1,200 Yearly = 1,200 × 52 = $62,400 Monthly = 62,400 ÷ 12 = $5,200 Daily = 1,200 ÷ 5 = $240

If Jordan were a freelancer who worked 46 weeks a year instead, the same rate would give $55,200 a year, before tax and expenses.

Quick rule: for a full-time job paid all year (40 hours × 52 weeks = 2,080 hours), double the hourly rate and add three zeros for a rough yearly figure. $30 an hour is about $60,000 a year. Freelancers should use our hourly rate calculator instead, because this shortcut ignores tax, expenses and unpaid time.

Frequently asked questions

How many working hours are in a year?

A full-time year of 40 hours a week for 52 weeks is 2,080 hours. With 37.5-hour weeks, common in the UK, it's 1,950 hours. Freelancers usually bill far fewer hours than this once time off and admin are taken out.

Why is my monthly figure not four times my weekly pay?

Most months are a little over four weeks long. There are 52 weeks in a year but only 12 months, so an average month has about 4.33 weeks.

Is this before or after tax?

Before tax. Your take-home pay depends on your country, state or region and personal situation.

Keep going

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Disclaimer: results are estimates for planning only and are not tax, legal or financial advice. Rules and rates vary by country, state and personal situation. Check with a qualified accountant before making decisions. Read the full disclaimer.

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