Finance
Salary & Wage Calculator
How much are you really making? Convert between hourly and salary, compare job offers, or figure out what to charge as a freelancer.
Annual
$72.8K
Monthly
$6,066.67
Biweekly
$2,800
Weekly
$1,400
Tax estimate (2025, single filer, rough)
Fed. Income Tax
$10,930
FICA (SocSec + Medicare)
$5,569.2
Effective Rate
22.7%
Take-Home
$56,300.8
Rough estimate based on 2025 single-filer brackets. Does not include state tax, deductions, or credits.
Frequently asked questions
How do I calculate my real hourly rate from salary?
Divide your annual salary by 2,080 (40 hours × 52 weeks). Adjust the hours/week field if you work more or fewer hours. The Convert mode does this instantly.
The tax estimate doesn't match my actual taxes. Why?
This uses rough 2025 single-filer brackets with the standard deduction built in. It doesn't include state taxes, itemized deductions, retirement contributions, dependents, or credits. Use it as a ballpark, not your tax return.
What should I include as overhead for freelancing?
Common overhead items: self-employment tax (15.3%), health insurance, equipment, software subscriptions, home office, retirement contributions, liability insurance, and ongoing education. 20-35% is typical.
How many hours can I bill per week?
30 billable hours per 40-hour work week is a realistic target — the rest goes to admin, marketing, proposals, and professional development. New freelancers often overestimate billable time.
Convert between hourly, daily, weekly, monthly, and annual salary figures instantly. See estimates of your take-home pay and compare income across different pay periods.
Perfect for evaluating job offers, setting freelance rates, or understanding your true hourly worth. The calculator handles both employee (W-2) and contractor scenarios.