Annual Salary to Hourly Calculator

Calculate your hourly rate based on your annual salary.
$
Hourly rate
$31
Monthly (over 12 months)$5,000
Weekly$1,250
Daily$251
PeriodWorkedNot worked
Months11.01.0
Days239126
Weeks484
Hours1,9206,840

Converting your annual salary to an hourly rate helps you better understand your earnings on a per-hour basis. This calculator makes it easy to determine your equivalent hourly wage based on your yearly salary and work schedule.

How it works

The basic formula to convert annual salary to hourly rate is:

Hourly Rate=Annual SalaryHours per Week×Weeks Worked per Year\text{Hourly Rate} = \frac{\text{Annual Salary}}{\text{Hours per Week} \times \text{Weeks Worked per Year}}

A typical full-time work year in the United States consists of:

  • 52 weeks per year
  • 40 hours per week
  • 260 working days (excluding weekends)
  • 11 federal holidays
  • 10 days (2 weeks) of paid vacation
  • Approximately 1,880 actual working hours per year

Important considerations

Understanding your results

The calculator provides several useful conversions:

  • Your primary hourly rate
  • Monthly salary (divided across 12 months)
  • Weekly pay rate
  • Daily rate

It also breaks down your work year into:

  • Worked vs. non-worked months
  • Working days vs. non-working days
  • Active weeks vs. off weeks
  • Total working hours vs. non-working hours

Why calculate your hourly rate?

Understanding your hourly rate can help you:

  • Compare job offers more effectively
  • Evaluate freelance or contract work opportunities
  • Budget your time more efficiently
  • Negotiate compensation
  • Calculate overtime pay
  • Understand the impact of your paid time off
  • Plan your work-life balance

Additional tips

  1. For the most accurate calculations, customize the advanced options with your specific:
    • Weekly working hours
    • Vacation time
    • Paid holidays
  2. Remember that this is your gross (pre-tax) hourly rate
  3. Some benefits like health insurance, retirement contributions, and bonuses aren't reflected in this calculation
  4. Consider that some months have more working days than others due to holidays and weekends

Use the calculator below to quickly convert your annual salary to an hourly rate and understand your complete compensation breakdown.