Estimated Take-Home Pay
Federal + State taxes (approximate)
Convert your annual salary to hourly rate instantly
Federal + State taxes (approximate)
*Based on 40 hours/week, 52 weeks/year (2,080 hours)
$50,000 per year = $24.04 per hour (assuming 40 hours/week, 52 weeks/year).
This breaks down to:
Use this formula: Annual Salary ÷ Total Work Hours = Hourly Rate
For a standard 40-hour work week:
If you take 2 weeks vacation (unpaid), use 2,000 hours instead.
It depends on your work schedule:
Fewer hours worked means a higher effective hourly rate for the same salary.
The median hourly wage in the US is approximately $24/hour ($50,000/year).
"Good" depends on your location - $30/hour goes much further in Texas than in San Francisco.
Usually no. Under the Fair Labor Standards Act (FLSA):
Use our overtime calculator above to see how extra hours affect your total pay.