Convert between salary types and see your true take-home pay.
A salary calculator converts between hourly, weekly, biweekly, monthly, and annual pay rates, and estimates take-home pay after taxes.
Example: $30/hour × 40 hours/week × 52 weeks = $62,400/year gross. After ~22% in taxes and deductions, take-home ≈ $48,672.
Multiply your hourly rate by hours per week, then by 52 weeks: Annual = Hourly x 40 x 52. Example: $25/hour x 40 x 52 = $52,000/year.
$60,000 / 52 weeks / 40 hours = $28.85 per hour. This is based on a standard 2,080-hour work year.
Gross pay is your total earnings before deductions. Net pay (take-home pay) is what remains after federal taxes, state taxes, Social Security (6.2%), Medicare (1.45%), and other deductions like health insurance and retirement contributions.