Hourly Paycheck Calculator
Calculate your regular pay, overtime pay, gross paycheck, estimated annual salary, and take-home pay.
Calculate Your Hourly Paycheck
Enter your hourly wage, hours worked, overtime, and pay frequency to estimate your paycheck.
What Is an Hourly Paycheck Calculator?
An hourly paycheck calculator helps estimate how much you may earn during a pay period based on your hourly wage and hours worked.
You can also enter overtime hours to estimate overtime earnings and use an estimated tax rate to calculate approximate take-home pay.
How Is Hourly Pay Calculated?
Regular pay is calculated by multiplying your hourly rate by the number of regular hours worked.
Overtime pay is calculated by multiplying your hourly rate by the selected overtime multiplier and then multiplying that amount by your overtime hours.
Your regular pay and overtime pay are added together to estimate your gross paycheck.
Regular Pay vs. Overtime Pay
Regular Pay
Your regular hourly rate multiplied by the number of regular hours worked.
Overtime Pay
Additional earnings calculated using your overtime hours and overtime multiplier.
Gross Pay
Your regular pay plus overtime pay before taxes and other deductions.
How Much Is $20 an Hour a Year?
If you work 40 hours per week for 52 weeks at $20 per hour, your estimated gross annual earnings would be $41,600 before taxes and other deductions.
Your actual annual income can be different if you work overtime, take unpaid time off, work fewer weeks, or have a different schedule.
How Much Is $25 an Hour a Year?
At 40 hours per week for 52 weeks, an hourly wage of $25 would equal approximately $52,000 in gross annual earnings before taxes and deductions.
Common Pay Frequencies
Weekly Pay
Weekly pay generally means receiving a paycheck 52 times per year.
Biweekly Pay
Biweekly pay generally means receiving a paycheck every two weeks, or about 26 times per year.
Semimonthly Pay
Semimonthly pay generally means receiving two paychecks per month, or 24 times per year.
Monthly Pay
Monthly pay generally means receiving 12 paychecks per year.
Frequently Asked Questions
How do I calculate my hourly paycheck?
Multiply your hourly rate by your regular hours, add any overtime pay, and then subtract estimated taxes and other deductions.
How much is $20 an hour per year?
At 40 hours per week for 52 weeks, $20 per hour equals approximately $41,600 in gross annual pay.
How much is $25 an hour per year?
At 40 hours per week for 52 weeks, $25 per hour equals approximately $52,000 in gross annual pay.
How is overtime pay calculated?
Overtime pay can be estimated by multiplying your regular hourly rate by the overtime multiplier and then multiplying the result by overtime hours.
What is time and a half?
Time and a half means an overtime rate equal to 1.5 times the regular hourly wage.
Does this calculator calculate taxes exactly?
No. The tax calculation is an estimate. Actual paycheck taxes depend on factors such as your W-4 information, filing status, state and local taxes, deductions, and other circumstances.
Can I calculate my annual salary from hourly pay?
Yes. The calculator estimates annual earnings by multiplying your hourly earnings by your regular weekly schedule and the number of weeks worked.
Is this hourly paycheck calculator free?
Yes. The EverydaySolved Hourly Paycheck Calculator is free to use.
