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$18 an hour is how much a year?

Short answer

$37,440 a year

Working 40 hours a week for 52 paid weeks (2,080 hours), before tax.

Pay breakdown for $18 an hour

Gross pay by period
Yearly$37,440
Monthly$3,120.00
Semi-monthly (24 paychecks)$1,560.00
Biweekly (26 paychecks)$1,440.00
Weekly$720.00
Daily (8 hours)$144.00
Hourly$18.00

Yearly pay on other schedules

How much $18.00 an hour adds up to depends on your hours.

Hours per weekYearly payWith 2 unpaid weeks
30$28,080$27,000
35$32,760$31,500
37.5$35,100$33,750
40$37,440$36,000
45$42,120$40,500
50$46,800$45,000

At $18.00 an hour, this is 2.5× 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.

$
Annual salary
$37,440.00
Monthly pay
$3,120.00
Biweekly pay
$1,440.00
Weekly pay
$720.00
Daily pay
$144.00

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 hourly to salary calculator, which explains the formula in detail.