Targeted for US Standard Work Weeks
In the United States, most full-time employment contracts are based on a 40-hour work week. This translates to approximately 2,080 working hours per year. Our 2026 Salary Calculator uses these standards to help you plan your finances or negotiate job offers in cities like New York, San Francisco, or Austin.
Knowing your yearly gross income is essential for tax planning, mortgage applications, and setting personal savings goals. Use this tool to see the real value of your time across different pay periods.
While our US Hourly to Salary Calculator does the math for you, it is important to understand the formula. In the United States, a standard work year for a full-time employee consists of 52 weeks. If you work 40 hours per week, the total hours worked in a year is 2,080 hours.
Earning $30 per hour results in a gross annual income of approximately $62,400. This is slightly above the median individual income in the US. However, your purchasing power depends heavily on the state you live in. For instance, $60k goes much further in Texas or Florida than in high-cost areas like New York City or San Francisco.
Generally, there are 260 working days in a year (52 weeks multiplied by 5 working days per week), excluding weekends.
Gross pay is the total amount you earn before any deductions. Net pay (take-home pay) is what you actually receive after Federal and State income taxes, Social Security, and Medicare are deducted.
According to the FLSA, for any hours worked over 40 in a workweek, non-exempt employees must receive overtime pay at a rate not less than one and one-half times their regular rate (Time-and-a-half).