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$45,000 a year is how much an hour?

Short answer

$21.63 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 $45,000 a year

Gross pay by period
Yearly$45,000
Monthly$3,750.00
Semi-monthly (24 paychecks)$1,875.00
Biweekly (26 paychecks)$1,730.77
Weekly$865.38
Daily (8 hours)$173.08
Hourly$21.63

Hourly rate on other schedules

The same $45,000 salary is worth more per hour if you work fewer hours.

Hours per weekHourly rateWith 2 unpaid weeks
30$28.85$30.00
35$24.73$25.71
37.5$23.08$24.00
40$21.63$22.50
45$19.23$20.00
50$17.31$18.00

At $21.63 an hour, this is 3.0× 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
$21.63
Daily pay
$173.08
Weekly pay
$865.38
Biweekly pay
$1,730.77
Semi-monthly pay
$1,875.00
Monthly pay
$3,750.00

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.