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$20,000 a year is how much an hour?

Short answer

$9.62 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 $20,000 a year

Gross pay by period
Yearly$20,000
Monthly$1,666.67
Semi-monthly (24 paychecks)$833.33
Biweekly (26 paychecks)$769.23
Weekly$384.62
Daily (8 hours)$76.92
Hourly$9.62

Hourly rate on other schedules

The same $20,000 salary is worth more per hour if you work fewer hours.

Hours per weekHourly rateWith 2 unpaid weeks
30$12.82$13.33
35$10.99$11.43
37.5$10.26$10.67
40$9.62$10.00
45$8.55$8.89
50$7.69$8.00

At $9.62 an hour, this is 1.3× 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
$9.62
Daily pay
$76.92
Weekly pay
$384.62
Biweekly pay
$769.23
Semi-monthly pay
$833.33
Monthly pay
$1,666.67

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.