Wage Calculator

The Wage Calculator calculator computes gross annual, monthly, semi-monthly and weekly pay based on an hourly wage. 

INSTRUCTIONS: Choose units and enter the following:

• (HPR) Hourly Pay Rate
• (WW) Hours per Work Week

Pay (P): The calculator returns the pay amount in U.S. dollars.  However, this can be automatically converted to compatible units via the pull-down menu.

The Math / Science

The Wage Calculator assumes a 2,080 labor hours per year, 12 months, 52 weeks and 40 labor hours per week. 

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• Wage Calculator: Computes the annual, monthly and weekly pay amounts base on hourly wage and hours per week.
• Current Mortgage Rates:
  • 30 Year Fixed Interest Rate: 6.76 %
  • 15 Year Fixed Interest Rate: 6.15 %
  •  7/6 SOFR ARM: [Invalid Constant]