💰 Minimum Wage to Salary Calculator
By ToolNimba Finance Team · Reviewed by ToolNimba Editorial Review, personal finance content · Updated 2026-06-19
This calculator shows gross pay only, the amount before income tax, payroll tax, pension or benefit deductions are taken out. Your take-home (net) pay will be lower and depends on your country, state, tax code and personal circumstances. The result is an estimate for planning, not financial or tax advice. Check your local minimum wage law and confirm the exact figures with your employer or payslip.
Figures are gross pay (before tax and deductions). Monthly = annual ÷ 12.
This minimum wage calculator turns an hourly wage into the figures you actually budget around: weekly, monthly and yearly gross pay. Enter the hourly rate, how many hours you work each week (default 40) and how many weeks you work in a year (default 52). You will see the equivalent salary across every period instantly, so you can compare a wage offer against a salaried role or simply see what a raise per hour means over a full year.
What is the Minimum Wage Calculator?
Most jobs are quoted in one of two ways: an hourly wage or an annual salary. To compare them fairly you need them in the same unit, and that is all this tool does. The core idea is that pay scales with the time you put in, so once you know the hourly rate and your usual schedule, every other figure follows by simple multiplication. Weekly pay is the hourly wage times the hours you work in a week. Annual pay is that weekly figure times the number of weeks you work in a year. Monthly pay is the annual figure divided by twelve, because the twelve calendar months are not all the same length.
The two assumptions that move the result the most are hours per week and weeks per year. A standard full-time week in the United States is 40 hours, but many roles are 35, 37.5 or include paid or unpaid overtime, and part-time work can be anything below that. Weeks per year defaults to 52 because there are 52 weeks in a calendar year, but if you take unpaid leave you might work fewer, so someone with two unpaid weeks off would use 50. Changing either input changes the annual total proportionally, which is why a small difference in assumed hours can shift the headline salary by thousands.
Everything here is gross pay, the amount before tax and other deductions. This matters because minimum wage laws are written in gross terms, and salary offers are usually quoted gross too, so gross-to-gross is the correct comparison. Your net or take-home pay is lower and varies with your tax band, social security or national insurance, pension contributions and any benefits. Use the gross figures to compare jobs and check you are at or above the legal minimum, then look at a separate tax or paycheck calculator to estimate what actually lands in your bank account.
When to use it
- Working out the annual salary equivalent of an hourly wage so you can compare an hourly job to a salaried offer.
- Checking whether an hourly rate meets the legal minimum wage once you know your weekly hours.
- Seeing what a per-hour raise (say from $15 to $17) adds up to over a full year.
- Budgeting monthly when you are paid by the hour and your income feels hard to pin down.
- Estimating part-time earnings by lowering the hours per week to your actual schedule.
How to use the Minimum Wage Calculator
- Enter the hourly wage you earn or are being offered.
- Enter how many hours you work in a typical week (40 is full time in the US).
- Enter how many weeks you work in a year (52 for a full year, fewer if you take unpaid leave).
- Read off the weekly, monthly and yearly gross pay, plus an approximate daily figure.
Formula & method
Worked examples
You earn $15.00 per hour, work 40 hours a week, for all 52 weeks of the year.
- weekly = 15.00 × 40 = $600.00
- annual = 600.00 × 52 = $31,200.00
- monthly = 31,200.00 ÷ 12 = $2,600.00
- daily ≈ 600.00 ÷ 5 = $120.00
Result: Weekly $600.00 · Monthly $2,600.00 · Yearly $31,200.00
You earn the US federal minimum of $7.25 per hour, 40 hours a week, 52 weeks.
- weekly = 7.25 × 40 = $290.00
- annual = 290.00 × 52 = $15,080.00
- monthly = 15,080.00 ÷ 12 = $1,256.67
- daily ≈ 290.00 ÷ 5 = $58.00
Result: Weekly $290.00 · Monthly $1,256.67 · Yearly $15,080.00
Part-time at $20.00 per hour, 25 hours a week, taking 2 unpaid weeks off (50 weeks).
- weekly = 20.00 × 25 = $500.00
- annual = 500.00 × 50 = $25,000.00
- monthly = 25,000.00 ÷ 12 = $2,083.33
- daily ≈ 500.00 ÷ 5 = $100.00
Result: Weekly $500.00 · Monthly $2,083.33 · Yearly $25,000.00
Hourly wage to annual gross salary (40 hours a week, 52 weeks a year)
| Hourly wage | Weekly | Monthly | Yearly |
|---|---|---|---|
| $7.25 | $290.00 | $1,256.67 | $15,080 |
| $10.00 | $400.00 | $1,733.33 | $20,800 |
| $12.00 | $480.00 | $2,080.00 | $24,960 |
| $15.00 | $600.00 | $2,600.00 | $31,200 |
| $17.00 | $680.00 | $2,946.67 | $35,360 |
| $20.00 | $800.00 | $3,466.67 | $41,600 |
Quick rule: annual gross pay for common weekly schedules at $15 per hour
| Hours per week | Weekly | Yearly (52 weeks) |
|---|---|---|
| 20 (part time) | $300.00 | $15,600 |
| 30 | $450.00 | $23,400 |
| 37.5 | $562.50 | $29,250 |
| 40 (full time) | $600.00 | $31,200 |
Common mistakes to avoid
- Comparing gross pay against take-home pay. This tool gives gross pay, before tax. If you compare its yearly figure to the net amount that lands in your bank account, the offer will look worse than it is. Compare gross with gross, then estimate net separately.
- Assuming 40 hours when you work fewer. Many roles are 35 or 37.5 hours, and part-time is lower still. Using 40 by habit overstates the salary. Enter the hours you actually work for a realistic figure.
- Using 52 weeks when you take unpaid leave. There are 52 weeks in a year, but if some of your time off is unpaid you earn for fewer. Two unpaid weeks means 50 working weeks, which lowers the annual total.
- Dividing the annual figure by 4 to get a month. A month is not four weeks. There are about 4.33 weeks in an average month, so monthly pay is the annual figure divided by 12, not the weekly figure times 4.
Glossary
- Hourly wage
- The amount you are paid for each hour of work, the starting point for every other figure here.
- Gross pay
- Your earnings before any tax, social security or other deductions are taken out.
- Net pay
- Your take-home pay after tax and deductions, which is lower than gross pay.
- Minimum wage
- The lowest hourly rate an employer is legally allowed to pay, set by national, state or local law.
- Full-time
- A standard working week, commonly 40 hours in the US, though some roles use 35 or 37.5.
Frequently asked questions
How do I convert an hourly wage to a yearly salary?
Multiply the hourly wage by the hours you work per week to get weekly pay, then multiply that by the weeks you work per year. At $15 an hour, 40 hours a week for 52 weeks, that is 15 × 40 × 52 = $31,200 gross per year.
How much is the US federal minimum wage per year?
The US federal minimum wage is $7.25 an hour. Full time at 40 hours a week for 52 weeks that works out to about $15,080 gross a year. Many states and cities set a higher minimum, so check your local rate.
Why is monthly pay the annual figure divided by 12 and not weekly times 4?
Because a month is longer than four weeks. There are about 4.33 weeks in an average month, so multiplying weekly pay by 4 understates a month. Dividing the annual total by 12 spreads the full year evenly across the calendar months.
Is the result before or after tax?
It is gross pay, before income tax, payroll or social security contributions and any pension or benefit deductions. Your actual take-home pay will be lower and depends on your tax situation, so use a separate paycheck or tax calculator for net pay.
What should I use for weeks per year?
Use 52 if you are paid for the whole year, including paid holiday and vacation. If some of your time off is unpaid, subtract those weeks, so someone with two unpaid weeks off would enter 50.
Does this include overtime?
Not automatically. It assumes every hour is paid at the same rate. If you regularly work overtime at a higher rate, this simple calculation will understate your pay, so treat overtime earnings separately or raise the hours and average rate to approximate it.
Sources
- Minimum Wage , U.S. Department of Labor
- Computing Hourly Rates of Pay Using the 2,087-Hour Divisor , U.S. Office of Personnel Management