The formula
Annual salary = hourly rate × hours per week × 52. At 40 hours a week that's 2,080 hours a year, so $25 an hour is $52,000. In the UK a full-time week is often 37.5 hours (1,950 hours a year).
For monthly pay, divide the annual figure by 12, not by 4: a month averages 4.33 weeks.
After-tax pay by hourly rate (2026)
Single filer, no deductions. US: Texas at 40 h/week. Canada: Ontario at 40 h/week. UK: England at 37.5 h/week.
| Hourly rate | US take-home / yr | Canada take-home / yr | UK take-home / yr |
|---|---|---|---|
| 15 an hour | $27,249 | $26,380 | £24,580 |
| 20 an hour | $35,606 | $34,011 | £31,600 |
| 25 an hour | $43,962 | $41,641 | £38,620 |
| 30 an hour | $52,318 | $48,883 | £44,487 |
For a different number of hours, choose "per hour" in any calculator and type your weekly hours.
Frequently asked questions
How much is $20 an hour a year?
At 40 hours a week, $20 an hour is $41,600 a year before tax.
How much is £15 an hour a year?
At 37.5 hours a week, £15 an hour is £29,250 a year before tax; at 40 hours it is £31,200.
Written by Muhammad Raza. Last updated October 14, 2026.