To calculate how much one makes in a year from an hourly wage, the basic formula is: Annual Salary = Hourly Wage × Hours Worked per Week × Weeks Worked per Year Assuming a standard full-time schedule of 40 hours per week and 52 weeks per year (no unpaid time off), the annual salary is:
- For each dollar earned hourly, the yearly salary is roughly 1×40×52=20801\times 40\times 52=20801×40×52=2080 dollars.
For example:
- At $15 per hour, the annual salary would be 15×2080=31,20015\times 2080=31,20015×2080=31,200 USD.
- At the current average US hourly wage of about $31.34 (July 2025), the annual salary would be 31.34×2080≈65,14731.34\times 2080\approx 65,14731.34×2080≈65,147 USD.
If you provide an hourly wage, this formula can be used to estimate yearly earnings easily. Further, average hourly wages in the US reached an all-time high of $31.34 in July 2025, with some variation by state and profession.
