Salary Calculator
Convert between hourly, daily, weekly, biweekly, monthly, and annual salary.
$50,000 per year is $24.04 per hour (based on 40 hours/week).
Frequently Asked Questions
How to convert annual salary to hourly?
To convert an annual salary to an hourly rate, divide the yearly salary by the number of work hours in a year. For a standard 40-hour work week with 52 weeks per year, that is 2,080 hours. For example, $50,000 per year divided by 2,080 hours equals approximately $24.04 per hour.
How many work hours in a year?
A standard work year has 2,080 hours, based on 40 hours per week for 52 weeks. If you work fewer hours per week or take unpaid time off, your actual work hours will be lower. Some calculations use 1,920 hours (accounting for vacation and holidays).
What is a good salary?
A "good" salary depends on your location, cost of living, industry, and experience level. In the United States, the median household income is approximately $75,000 per year. Generally, a salary that covers your living expenses with room for savings and discretionary spending is considered good.
Does this include taxes?
No, this calculator shows gross (pre-tax) salary conversions. Your take-home pay will be lower after federal, state, and local income taxes, Social Security, Medicare, and other deductions. Actual tax rates vary based on your filing status, location, and total income.