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$120,000 a year is how much an hour?

Short answer

$57.69 an hour

Based on a full-time schedule of 40 hours a week for 52 paid weeks (2,080 hours), before tax.

Pay breakdown for $120,000 a year

Gross pay by period
Yearly$120,000
Monthly$10,000.00
Semi-monthly (24 paychecks)$5,000.00
Biweekly (26 paychecks)$4,615.38
Weekly$2,307.69
Daily (8 hours)$461.54
Hourly$57.69

Hourly rate on other schedules

The same $120,000 salary is worth more per hour if you work fewer hours.

Hours per weekHourly rateWith 2 unpaid weeks
30$76.92$80.00
35$65.93$68.57
37.5$61.54$64.00
40$57.69$60.00
45$51.28$53.33
50$46.15$48.00

At $57.69 an hour, this is 8.0× the US federal minimum wage of $7.25. Many states and cities set higher minimums.

Adjust for your schedule

Change the hours or weeks to match your job.

$
Hourly rate
$57.69
Daily pay
$461.54
Weekly pay
$2,307.69
Biweekly pay
$4,615.38
Semi-monthly pay
$5,000.00
Monthly pay
$10,000.00

About these numbers

All figures are gross pay before income tax, Social Security, Medicare and benefit deductions, so take-home pay will be lower. Biweekly pay assumes 26 paychecks a year. The calculation is the same one used by our salary to hourly calculator, which explains the formula in detail.