How to use the salary calculator
- Enter your pay and choose whether it's per hour, day, week, two weeks, half month, month or year.
- Check the hours a week, days a week and paid weeks a year (52 if you get paid time off).
- Choose your filing status and state tax rate to estimate take-home pay.
The table shows your gross and take-home pay for every period, so you can compare a job offer quoted hourly with one quoted as a salary.
Hourly to salary: quick table
Based on 40 hours a week and 52 paid weeks (2,080 hours a year):
| Hourly | Yearly | Monthly | Every two weeks |
|---|---|---|---|
| $15 | $31,200 | $2,600 | $1,200 |
| $20 | $41,600 | $3,467 | $1,600 |
| $25 | $52,000 | $4,333 | $2,000 |
| $30 | $62,400 | $5,200 | $2,400 |
| $40 | $83,200 | $6,933 | $3,200 |
| $50 | $104,000 | $8,667 | $4,000 |
Salary to hourly, with take-home
| Salary | Hourly | Take-home a year (single, 4% state) |
|---|---|---|
| $40,000 | $19.23 | about $32,720 |
| $50,000 | $24.04 | about $40,355 |
| $60,000 | $28.85 | about $47,990 |
| $75,000 | $36.06 | about $58,593 |
| $100,000 | $48.08 | about $75,180 |
Monthly isn't four weekly paychecks
A year has 52 weeks, not 48. That's why:
- Monthly pay = yearly ÷ 12, not weekly × 4.
- If you're paid every two weeks, you get 26 paychecks a year, and two months a year have three paydays.
- If you're paid twice a month, you get 24 paychecks, each a little bigger than a biweekly one.
Budgeting on two paychecks a month and treating the third as a bonus is an easy way to get ahead.
Comparing job offers
Hourly and salaried jobs aren't always comparable on pay alone:
- Overtime: hourly workers usually earn 1.5× pay over 40 hours a week; most salaried workers don't.
- Paid time off: a salary normally includes paid holidays and vacation. Unpaid time off lowers the yearly total of an hourly job.
- Benefits: health insurance, a 401(k) match and bonuses can be worth thousands of dollars a year. The 401(k) calculator shows what a match adds over a career.
From salary to a budget
Once you know your monthly take-home pay, give every dollar a job. The 50/30/20 budget calculator splits it into needs, wants and savings, and the take-home pay calculator adds your 401(k) and health insurance for an exact paycheck. Thinking about rent or a home? See how much rent you can afford or how much house you can afford.
Make every paycheck count
Knowing your pay is the start; knowing what's safe to spend between paydays is what keeps a budget working. Flow is a budget planner built around paydays, and Vault is a personal finance dashboard for income, bills and goals. Both have a free demo you can open in your browser.
Frequently asked questions
How do I convert an hourly wage to a yearly salary?
How do I convert a salary to an hourly rate?
How much is $20 an hour per year?
How much is $50,000 a year per hour?
Should I count unpaid time off?
How accurate is the take-home estimate?
Written by
Finance Specialist & Editor, VaultlyApps
Emma Whitfield writes and edits the VaultlyApps money guides and free calculators. Her focus is US household finance — budgeting on a real paycheck, paying down credit card and student debt, emergency funds and savings goals, renting — and the money side of freelancing and small-business income, from pricing and profit margins to self-employment tax. Every guide is researched against primary sources such as IRS publications and the CFPB, every number is checked in our tested calculators, and tax content is reviewed each year when new IRS figures come out. Emma is not a licensed financial adviser or tax preparer; her work is general education, not personal advice.
Researched against primary US sources, checked against independent calculators and reviewed by a finance expert on our team. Written for US readers — general education, not financial, tax or legal advice. Editorial policy · Disclaimer
