Salary Calculator
Hourly ↔ annual · Pay periods · Take home estimate
💵 Enter a pay amount and period to see hourly through annual equivalents.
Salary Conversion Formulas
A salary calculator turns one pay rate into every common paycheck period. The bridge is annual gross pay. Once you know the yearly total, divide by the number of hours, days, weeks, or paychecks in your schedule.
Hourly to annual
Annual to hourly
Other periods
Worked example
$75,000 annual, 40 hours per week, 52 weeks, 5 days per week:
Pay Period Reference & FAQ
| Period | Checks / year | Typical use |
|---|---|---|
| Hourly | Hours worked | Wages, overtime eligible roles |
| Weekly | 52 | Some trades and retail |
| Biweekly | 26 | Very common U.S. payroll |
| Semimonthly | 24 | 1st and 15th, or mid and end of month |
| Monthly | 12 | Some salaried and contract roles |
| Annual | 1 total | Offer letters and comparisons |
| Schedule | Hours / year |
|---|---|
| 40 hr × 52 wk | 2,080 |
| 40 hr × 50 wk | 2,000 |
| 37.5 hr × 52 wk | 1,950 |
| 20 hr × 52 wk | 1,040 |
How to Use This Salary Calculator
Enter the amount on your offer letter or pay stub and select the matching pay period. Set hours per week, days per week, and weeks per year so hourly and daily figures match your real schedule. Gross Convert mode shows every period side by side. Take Home mode adds a simplified estimate of federal tax, optional FICA, state tax percent, and pre tax deferrals.
Read the annual figure first when comparing jobs. Use hourly when negotiating overtime eligible wages. Use biweekly or semimonthly when budgeting against your actual paycheck calendar.
How to calculate salary manually
1. Write down the amount and its period. 2. Convert that amount to annual using the formulas above. 3. Divide annual by 2,080 for a standard hourly rate, or by your own hours. 4. Divide annual by 12, 24, or 26 for monthly, semimonthly, or biweekly. 5. For take home, subtract estimated taxes and deferrals from gross.
Take home pay basics
Gross pay is before taxes. Net pay is what hits your bank. Federal income tax is progressive. Employee Social Security tax for 2026 is 6.2% of wages up to $184,500, and Medicare is 1.45% of all wages, plus Additional Medicare Tax above statutory thresholds. State tax varies widely. This calculator uses a flat state percent for speed.
Example: a $75,000 salary with 6% pre tax deferrals leaves $70,500 before taxes. After a simplified federal estimate, FICA, and a 5% state rate, take home is lower than gross by design. Use Take Home mode to see the split on the donut chart.
Job offer comparisons
When one offer is hourly and another is annual, convert both with the same hours and weeks before you decide. A higher hourly rate can lose to a salaried package that includes paid time off if you only multiply by 2,080 without checking unpaid weeks. Always ask how overtime, bonuses, and benefits are handled outside base pay.
Common mistakes
- Treating biweekly and semimonthly as identical
- Using 2,080 hours when you only work part time
- Comparing a contractor day rate to a W2 salary without tax differences
- Forgetting that pre tax 401k deferrals lower taxable wages but also lower take home
- Assuming one flat tax rate applies to every dollar of salary
When this calculator is useful
Use it to compare job offers, convert an hourly wage to yearly income, plan a monthly budget from annual salary, or estimate net pay before you open detailed tax software. Pair it with the Income Tax Calculator for a deeper federal tax view, or the 401k Calculator for deferral planning.
When this calculator may not be enough
It does not model overtime premiums, shift differentials, tips, bonuses, equity, local taxes, or exact Form W4 withholding. Self employed workers also face employer side payroll tax through Schedule SE.
Limitations
Conversions assume the schedule you enter. Take home figures are educational estimates using 2026 federal amounts and a flat state rate. They are not a paycheck or a filed tax return.
Sources & References
- IRS Revenue Procedure 2025-32 (2026 tax brackets and standard deduction): irs.gov/pub/irs-drop/rp-25-32.pdf
- SSA Contribution and Benefit Base (2026 Social Security wage base $184,500): ssa.gov/oact/cola/cbb.html
- IRS newsroom: tax inflation adjustments for tax year 2026: irs.gov/newsroom