Hourly to Salary Calculator
Convert between hourly rate and annual salary in both directions. Adjust for hours per week and paid time off to see your true earnings across every pay period.
Quick Conversion Table (40 hrs/week)
Based on standard 40-hour work week, 52 weeks per year.
| Hourly Rate | Annual Salary | Monthly | Weekly |
|---|---|---|---|
| $15/hr | $31,200 | $2,600 | $600 |
| $20/hr | $41,600 | $3,467 | $800 |
| $25/hr | $52,000 | $4,333 | $1,000 |
| $30/hr | $62,400 | $5,200 | $1,200 |
| $35/hr | $72,800 | $6,067 | $1,400 |
| $40/hr | $83,200 | $6,933 | $1,600 |
| $50/hr | $104,000 | $8,667 | $2,000 |
| $75/hr | $156,000 | $13,000 | $3,000 |
| $100/hr | $208,000 | $17,333 | $4,000 |
Frequently Asked Questions
How do I convert hourly rate to annual salary?+
Multiply your hourly rate by the number of hours you work per week, then multiply by 52 (weeks per year). For example: $35/hr × 40 hrs/week × 52 weeks = $72,800/year. If you take unpaid time off, reduce the 52 weeks accordingly.
How do I convert salary to hourly rate?+
Divide your annual salary by 52 (weeks per year), then divide by the hours you work per week. For example: $72,800 ÷ 52 ÷ 40 = $35/hr. This assumes paid time off — if your PTO is unpaid, your effective hourly rate is higher.
Does the calculation include paid time off?+
The base conversion assumes 52 working weeks. Use the 'Weeks Off' field to adjust. If you take 2 weeks of unpaid vacation, you actually earn less than the full annual amount. The calculator shows both: the full 52-week equivalent and the adjusted amount accounting for time off.
How many working hours are in a year?+
A standard full-time year is 2,080 hours (40 hours × 52 weeks). With 2 weeks PTO, it's 2,000 hours. With 4 weeks off, 1,920 hours. Freelancers typically work fewer billable hours — usually 1,200–1,500 per year once you account for non-billable work.
Is $35 per hour a good salary?+
At 40 hours per week, $35/hr equals $72,800/year — above the US median household income. Whether it's 'good' depends on your location, industry, and expenses. In a high-cost city like San Francisco, it's tight. In a lower-cost area, it provides comfortable living. Use the calculator to see the full annual picture.
Why is my freelance rate different from an equivalent salary?+
Freelancers should charge 40–60% more than the equivalent employee hourly rate because they pay self-employment tax, buy their own health insurance, have no paid leave, and cover business expenses. A $35/hr employee costs the employer ~$45–50/hr total, so a freelancer doing the same work should charge at least $50–55/hr.
Hourly vs. Salary: Which is Better for Freelancers?
The answer depends on your situation. Hourly billing rewards efficiency less — if you get faster at your work, you earn less per project. Salary (retainer) billing provides predictable income but caps your upside. Most experienced freelancers use project-based pricing internally benchmarked against their hourly rate. For US wage benchmarks, the Bureau of Labor Statistics wage data provides occupational salary figures by industry. They quote a fixed fee that assumes a certain number of hours, then deliver value — not time.
The Hidden Cost of Hourly Billing
Hourly billing creates a perverse incentive: the faster you work, the less you earn. A senior developer who solves a problem in 2 hours earns half what a junior who takes 4 hours earns — despite delivering more value. This is why many freelancers transition to value-based pricing as they gain experience, using their hourly rate only as an internal minimum floor.
Make sure every hour you bill actually gets paid.
It doesn't matter if your rate is $35/hr or $150/hr if clients pay 30 days late — or not at all. Track every invoice and chase overdue payments automatically.
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Also useful: Freelance rate calculator · Profit margin calculator · Sales tax calculator · Freelance payment terms guide