Annual Salary to Hourly Rate Calculator: Know Your Real Earnings

💵 Ever wonder how much you’re actually making per hour?

If you’re salaried, it’s not always obvious what your hourly wage is. That’s where our Annual Salary to Hourly Rate Calculator will help.

Whether you’re comparing job offers, negotiating a raise, or just curious — understanding your true hourly rate helps you make smarter decisions about your work and time.

To use the calculator below, enter your annual salary, hours worked per week (40 is the default value), weeks worked per year (52 is the default value). Enter the estimated tax rate, annual bonuses, overtime pay and hours. The tool will convert to an equivalent hourly rate.

💼 Complete Salary ↔ Hourly Calculator


















💡 Why Convert Annual Salary to Hourly Rate?

Knowing your hourly rate gives you a clearer picture of:

  • The value of your time
  • How your pay compares with hourly jobs
  • What side gigs or freelance work need to earn to match your full-time rate
  • Whether a salaried position is fair compensation for the hours you work

🔢 The Formula

The basic formula to convert salary to hourly rate is:

Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)

Assuming a 40-hour workweek and 52 weeks per year:

Hourly Rate = Annual Salary ÷ 2,080

✅ Example

Let’s say you earn $60,000 per year.

Hourly Rate = 60,000 ÷ 2,080 = $28.85/hour

So even though your job is “salaried,” you’re effectively earning $28.85 per hour — assuming you work 40 hours per week and don’t take unpaid leave.

If you regularly work more than 40 hours, your real hourly rate is lower.

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