$20 an hour is how much a year?
If you work 40 hours a week for 52 weeks, $20 an hour is $41,600 a year before taxes — about $3,467 a month.
Pay breakdown
| Period | Gross pay |
|---|---|
| Yearly | $41,600 |
| Monthly | $3,467 |
| Semi-monthly (24/yr) | $1,733 |
| Biweekly (26/yr) | $1,600 |
| Weekly | $800 |
| Daily (8 hours) | $160.00 |
| Hourly | $20.00 |
Different schedules
Yearly pay at $20.00/hour depends on how many hours you work.
| Hours / week | Weekly | Yearly (52 wks) | Yearly (50 wks, 2 unpaid) |
|---|---|---|---|
| 20 | $400 | $20,800 | $20,000 |
| 25 | $500 | $26,000 | $25,000 |
| 30 | $600 | $31,200 | $30,000 |
| 35 | $700 | $36,400 | $35,000 |
| 40 | $800 | $41,600 | $40,000 |
| 45 | $900 | $46,800 | $45,000 |
| 50 | $1,000 | $52,000 | $50,000 |
With overtime
Overtime at time-and-a-half ($30.00/hour) for hours over 40.
| Overtime hours / week | Weekly | Yearly |
|---|---|---|
| 0 | $800 | $41,600 |
| 5 | $950 | $49,400 |
| 10 | $1,100 | $57,200 |
| 15 | $1,250 | $65,000 |
| 20 | $1,400 | $72,800 |
How it's calculated
Multiply the hourly rate by hours per week and weeks per year: $20 × 40 × 52 = $41,600. A quick shortcut is to double the hourly rate and add three zeros (≈ $40,000). These are gross (pre-tax) figures; take-home pay will be lower after federal, state and payroll taxes.
Change the numbers →
Open the Hourly to Salary Calculator with these values filled in.
These figures are educational estimates, not financial advice.
Related answers
$17 an hour is how much a year?$18 an hour is how much a year?$19 an hour is how much a year?$21 an hour is how much a year?$22 an hour is how much a year?$23 an hour is how much a year?
All answers →