ToolWise Data · Updated 2026-09-05
Working full-time (40 hours a week, 52 weeks a year), $20 an hour is $41,600 a year before taxes — and every extra $1/hour adds $2,080 a year. This table converts common hourly rates into weekly, monthly, and annual pay.
Each row converts an hourly rate to pay per week, per month, and per year, assuming full-time hours (40 hours a week, 52 weeks a year). The annual column is highlighted as the figure people usually mean by “salary.”
| Hourly rate | Per week | Per month | Per yearfull-time |
|---|---|---|---|
| $12/hour | $480 | $2,080 | $24,960 |
| $15/hour | $600 | $2,600 | $31,200 |
| $18/hour | $720 | $3,120 | $37,440 |
| $20/hour | $800 | $3,467 | $41,600 |
| $25/hour | $1,000 | $4,333 | $52,000 |
| $30/hour | $1,200 | $5,200 | $62,400 |
| $40/hour | $1,600 | $6,933 | $83,200 |
| $50/hour | $2,000 | $8,667 | $104,000 |
Gross pay before taxes and deductions, rounded. Assumes 40 hours/week and 52 paid weeks/year; fewer hours or unpaid time off lower these. Every value is reproduced by the free hourly-to-salary calculator — change the hours or weeks to fit your own schedule.
Annual pay is just rate × hours × weeks, so two of the three levers are about time, not the number on your paycheck. Dropping from 40 to 35 hours a week, or taking a few weeks of unpaid time, cuts the yearly total noticeably even at the same hourly rate. It's why a higher hourly rate at part-time can pay less per year than a lower rate at full-time — always compare on the annual number, not the hourly one.
This is a plain, verifiable computation — no survey data, no estimates. The formula is the one our public calculator uses:
annual pay = hourly rate × hours per week × weeks per year weekly = rate × hours · monthly = annual ÷ 12
Example: $20/hour × 40 hours × 52 weeks = $41,600/year, or $3,467/month. Run your own rate, hours, and weeks in the hourly-to-salary calculator, and see what's left after tax with the take-home pay calculator.
Full-time (40 hours a week, 52 weeks a year), $20 an hour is $41,600 a year before taxes — about $3,467 a month or $800 a week. After income and payroll taxes, take-home is typically 20–30% lower.
Multiply your hourly rate by the hours you work per week and by the number of paid weeks per year. For full-time that's rate × 40 × 52, so each $1/hour is worth about $2,080 a year.
Before. These are gross figures — your actual take-home is lower after federal, state, and payroll taxes, which vary by income, location, and filing status. Use a take-home pay calculator for the net number.
Yes. Every figure is rate × hours × weeks and is reproduced by our free hourly-to-salary calculator. Change the hours or weeks to match part-time, overtime, or unpaid time off.
Related tools: hourly-to-salary calculator · take-home pay calculator · freelance hourly rate calculator · browse all free calculators. Related data: freelance hourly rate benchmark.
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