Annual Income Calculator

How to Calculate Annual Income

This calculator converts your pay from any pay period to annual income. Simply enter your pay amount and select how often you're paid. The calculator will show your equivalent income across all time periods.

For hourly workers, you can also adjust the hours worked per week and weeks worked per year to account for part-time schedules or unpaid time off.

Conversion Formulas

From Hourly

$$\text{Annual} = \text{Hourly Rate} \times \text{Hours/Week} \times \text{Weeks/Year}$$

From Weekly

$$\text{Annual} = \text{Weekly Pay} \times 52$$

From Biweekly

$$\text{Annual} = \text{Biweekly Pay} \times 26$$

From Semimonthly

$$\text{Annual} = \text{Semimonthly Pay} \times 24$$

From Monthly

$$\text{Annual} = \text{Monthly Pay} \times 12$$

Pay Period Definitions

Pay Period	Frequency	Payments/Year
Hourly	Per hour worked	Varies
Weekly	Once a week	52
Biweekly	Every two weeks	26
Semimonthly	Twice a month	24
Monthly	Once a month	12

Gross vs Net Income

• Gross income: Your total earnings before any deductions
• Net income: Your take-home pay after taxes and deductions

This calculator shows gross income. Your net income will be lower after accounting for:

• Federal income tax
• State and local income tax
• Social Security and Medicare (FICA)
• Health insurance premiums
• Retirement contributions (401k, 403b, etc.)

Common Adjustments

If you don't work a standard 52-week year, adjust the weeks per year:

• 2 weeks vacation (unpaid): 50 weeks
• Standard PTO (paid): 52 weeks
• Part-time seasonal: Adjust based on your schedule