Unit Converter
Blog

$20 an hour is how much a year

  1. Home
  2. Salary
  3. Hourly Wage
  4. Hourly Wage to Yearly Salary
  5. $20 an hour
$/hour
=
$/year
Hours Per Week
Weeks Per Year
$20 an hour is $40,000 a year (or $800 per week)

Hourly Wage to Annual Salary Conversion Formula

[dollars-a-year] = [dollars-an-hour] × [hours-per-week] × [work-weeks-per-year]
By default [hours-per-week] = 40 (5 days × 8 hours) and work weeks are 50 (52 weeks minus 2 weeks off each year as average unpaid vacation time)

$20 an hour to Annual Salary Conversion breakdown and explanation

To convert from hourly wage to annual salary you need to multiply the hourly wage in dollars by work hours in a week and then multiply it once again by the number of working weeks in a year. If you want to calculate the weekly wage you need to calculate the hourly wage by the number of working hours in a week.

So in this case annual salary is equal to: $20 × 40 × 50 = 800 × 50 = $40000
Weekly wage is equal to: $20 × 40 = $800

Popular Unit Conversions

3072000 Megabytes to Gigabytes computer storage
1 Acres to Square Meters area
1 Acres to Square Feet area
1.2 Ounces to Milliliters volume
100 Millimeters to Centimeters length
590 Kilobytes to Megabytes computer storage
441 Kilobytes to Megabytes computer storage
10800 Seconds to Minutes time
14400 Minutes to Hours time
447 Hours to Work Weeks time
0.58 Ounces to Tablespoons volume
0.58 Cups to Tablespoons volume
0.75 Cups to Tablespoons volume
75 Cups to Tablespoons volume
13.58 Centimeters to Inches length
100 Microns to Meters length
20 Hourly Wage to Yearly Salary salary
29.49 Inches of Mercury to Pounds per Square Inch pressure
30 Inches to Feet length
85 Inches to Feet length