How do I calculate my monthly salary from an annual salary?

Divide your annual salary by 12. For example, a $60,000 annual salary equals $5,000 per month before taxes.

What is the formula to convert salary to hourly rate?

Divide your annual salary by the number of weeks you work per year, then divide by the number of hours you work per week. For example, $52,000 ÷ 52 weeks ÷ 40 hours = $25/hour.

How do I estimate my take-home pay after taxes?

Multiply your gross salary by (1 - tax rate). For example, with a 25% effective tax rate on a $60,000 salary: $60,000 × 0.75 = $45,000 net annual pay, or $3,750 per month.

How many work hours are in a year?

A standard work year is 2,080 hours (40 hours/week × 52 weeks). If you take 2 weeks of unpaid vacation, it would be 2,000 hours (40 × 50 weeks). Some people use 1,920 hours to account for holidays and PTO.

What is the difference between gross and net salary?

Gross salary is your total earnings before any deductions. Net salary (take-home pay) is what you receive after subtracting taxes, insurance premiums, retirement contributions, and other deductions.

Salary Calculator

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Hourly → Annual (40h/52w)

$10/hr $20,800
$15/hr $31,200
$20/hr $41,600
$25/hr $52,000
$30/hr $62,400
$40/hr $83,200
$50/hr $104,000
$75/hr $156,000
$100/hr $208,000

Average US Salaries

Software Engineer $110k
Registered Nurse $82k
Accountant $73k
Teacher $62k
Marketing Manager $95k
Graphic Designer $58k
Electrician $61k
Data Analyst $75k

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How to Calculate Salary

Learn the formulas for converting between hourly, weekly, monthly, and annual pay

Hourly to Annual

Multiply your hourly rate by the hours you work each week, then by the weeks you work per year.

Annual = Hourly × Hours/Week × Weeks/Year

Example: $25/hr × 40h × 52w = $52,000

Annual to Monthly

Divide your annual salary by 12 to find your gross monthly pay before deductions.

Monthly = Annual ÷ 12

Example: $52,000 ÷ 12 = $4,333/mo

Estimate Take-Home

Subtract your estimated tax rate to find your approximate net (after-tax) pay for any period.

Net = Gross × (1 − Tax Rate)

Example: $52,000 × 0.75 = $39,000 net

Salary Conversion Formulas

Complete reference for converting between pay periods

Conversion	Formula	Example ($25/hr, 40h, 52w)
Hourly → Annual	Hourly × Hours/Week × Weeks/Year	$25 × 40 × 52 = $52,000
Hourly → Monthly	(Hourly × Hours/Week × Weeks/Year) ÷ 12	$52,000 ÷ 12 = $4,333
Hourly → Weekly	Hourly × Hours/Week	$25 × 40 = $1,000
Annual → Hourly	Annual ÷ (Weeks/Year × Hours/Week)	$52,000 ÷ 2,080 = $25
Annual → Monthly	Annual ÷ 12	$52,000 ÷ 12 = $4,333
Annual → Weekly	Annual ÷ Weeks/Year	$52,000 ÷ 52 = $1,000
Monthly → Annual	Monthly × 12	$4,333 × 12 = $52,000
Weekly → Annual	Weekly × Weeks/Year	$1,000 × 52 = $52,000

Frequently Asked Questions

Common questions about salary calculations and conversions

Multiply your hourly wage by the number of hours you work per week, then multiply by the number of weeks you work per year. Annual Salary = Hourly Rate × Hours/Week × Weeks/Year. For example, $25/hour × 40 hours × 52 weeks = $52,000 per year.

Divide your annual salary by 12 to get your gross monthly pay. Monthly = Annual ÷ 12. For example, $60,000 ÷ 12 = $5,000 per month before taxes and deductions.

Divide your annual salary by the total number of working hours in a year. Hourly = Annual ÷ (Weeks/Year × Hours/Week). For a standard schedule: $52,000 ÷ (52 × 40) = $52,000 ÷ 2,080 = $25/hour.

Multiply your gross salary by (1 − your effective tax rate). Net Pay = Gross × (1 − Tax Rate). For example, with a 25% effective tax rate on $60,000: $60,000 × 0.75 = $45,000 net annual pay. Keep in mind this is an estimate — actual taxes depend on deductions, credits, state taxes, and other factors.

A standard work year has 2,080 hours (40 hours/week × 52 weeks). If you take 2 weeks of unpaid vacation, use 2,000 hours (40 × 50). Some calculations use 1,920 hours to account for paid holidays and PTO. Adjust the “weeks per year” field in the calculator to match your actual schedule.

Gross salary is your total earnings before any deductions — the number in your offer letter. Net salary (take-home pay) is what you actually receive after subtracting federal/state/local taxes, Social Security, Medicare, health insurance premiums, retirement contributions, and other deductions.