Convert between annual salary and hourly rate -- see after-tax breakdowns
Enter a salary or hourly rate above to see your breakdown.
Divide your annual salary by the total working hours in a year. With 40 hours/week and 52 weeks/year, that is 2,080 hours. For example, $50,000 / 2,080 = $24.04/hour.
Multiply your hourly rate by hours per week, then by weeks per year. For example, $20/hour x 40 hours x 52 weeks = $41,600/year.
The calculator uses 2026 federal income tax brackets for single filers as a rough estimate. Actual taxes depend on filing status, deductions, state taxes, FICA, and other factors. Consult a tax professional for precise calculations.
2,080 is the standard full-time work year: 40 hours/week x 52 weeks. You can adjust both values to match your actual schedule, including part-time work or fewer weeks for unpaid time off.
This calculator converts between annual salary and hourly rate, and shows you what your paycheck looks like across every pay period after estimated federal taxes. It is useful for comparing job offers, evaluating freelance rates, negotiating raises, or simply understanding what your hourly time is worth. Enter a salary or hourly rate and the calculator instantly breaks down your earnings into annual, monthly, biweekly, weekly, daily, and hourly amounts, both before and after estimated taxes.
Choose whether you want to convert salary to hourly or hourly to salary using the toggle buttons. Enter your annual salary or hourly rate. Adjust the hours per week and weeks per year if your schedule differs from the standard 40 hours over 52 weeks. The calculator uses 2,080 total hours by default (40 x 52), which is the standard full-time work year in the United States. Part-time workers or those with unpaid time off should reduce the weeks accordingly.
Gross pay is your total earnings before any deductions. Net pay (take-home pay) is what you actually receive after taxes and other withholdings. The gap between the two can be substantial. On a $60,000 salary, federal income tax alone might reduce your take-home by $6,000-$8,000, and that is before state taxes, Social Security (6.2%), and Medicare (1.45%). This calculator estimates federal income tax to give you a ballpark, but your actual net pay will also depend on your filing status, state taxes, and payroll deductions like retirement contributions and health insurance.
The United States uses a progressive tax system, which means different portions of your income are taxed at different rates. If you earn $60,000, you do not pay 22% on the entire amount. Instead, the first $11,600 is taxed at 10%, the next $35,550 at 12%, and only the remaining portion at 22%. This is why your effective tax rate (total tax divided by total income) is always lower than your marginal bracket. The tax breakdown in this calculator shows you exactly how much falls into each bracket.
When comparing a salaried position to a freelance or contract role, remember that employers typically cover half of FICA taxes (7.65%), provide health insurance, retirement matching, and paid time off. A $50/hour contract rate is not equivalent to a $104,000 salary because the contractor must cover their own benefits, self-employment tax, and unpaid vacation. Use this calculator to establish the base conversion, then factor in benefits to make a fair comparison.
2,080 is the standard full-time work year: 40 hours per week multiplied by 52 weeks. This is the number employers use for salary-to-hourly conversions. If you receive paid vacation, those hours are still counted because you are being paid for them. If you have unpaid time off, reduce the weeks per year accordingly for a more accurate hourly rate.
The calculator uses 2026 federal income tax brackets for single filers as a rough estimate. Actual taxes depend heavily on your filing status (married, head of household), deductions (standard or itemized), state and local taxes, FICA withholdings, and pre-tax contributions. Treat these estimates as a starting point and consult a tax professional for precise calculations.
As a freelancer, you pay both the employer and employee portions of FICA tax (15.3% total), and you need to cover your own health insurance, retirement savings, and time off. A general guideline is to multiply a comparable salary's hourly rate by 1.3 to 1.5 to arrive at a freelance rate that provides equivalent total compensation.
Biweekly means every two weeks, resulting in 26 paychecks per year. Semi-monthly means twice per month (e.g., the 1st and 15th), resulting in 24 paychecks. Biweekly paychecks are slightly smaller but you receive two extra paychecks per year. This calculator uses biweekly (26 periods) for its breakdown.