Annual Income Calculator
Add up an hourly wage into a yearly figure, so you know what you really earn over the course of a year.
Last updated: August 5, 2026
How to turn an hourly rate into annual income
Multiply your hourly rate by the hours you work each week and the weeks you work each year. The result is your base annual income before tax. If you work overtime, this calculator adds it at one and a half times the normal rate, the common way overtime is paid.
Be realistic about the weeks field. If you take unpaid leave, or your contract has gaps between assignments, use a lower number so the annual figure does not overstate your income.
The formula
Worked example
You earn $20 an hour, work 40 hours a week and 50 weeks a year, with no overtime.
Annual = 20 × 40 × 50 = $40,000; monthly ≈ $3,333; weekly = $800.
The calculator updates live, so changing your hours or adding a couple of overtime shifts shows the yearly effect straight away.
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Frequently asked questions
Is this before or after tax?
Before tax. It shows gross income. Your take-home pay is lower once income tax and other deductions are taken out.
What if my hours vary each week?
Enter your average weekly hours. For a more accurate total, work out your total hours over the year and use that as hours per week × weeks.
Does overtime always pay 1.5×?
Not always. The rate depends on your job and local rules, and some jobs pay more for weekends or nights. Leave it set to your actual overtime rate if it differs.
This calculator gives an estimate only and is not financial or tax advice. Actual income depends on hours, overtime, bonuses and local deductions.