Question 1

How many work hours are in a year?

Accepted Answer

A standard full-time year is 2,080 hours (40 hours × 52 weeks). After subtracting typical US holidays (10 days) and 2 weeks vacation, actual working hours are ~1,960. Use 2,000 as a round number for quick estimates.

Question 2

What's the US average hourly wage?

Accepted Answer

The US Bureau of Labor Statistics reports average hourly earnings around $29-32 for all private-sector workers (2024). For professional/business services, it's $38-42. Software developers average $55-75/hr.

Question 3

How do I convert salary to hourly rate?

Accepted Answer

Divide annual salary by 2,080 (standard work hours). A $100,000 salary = $48.08/hr. For contractors, multiply by 1.3-1.5 to account for no benefits, self-employment tax, and lack of paid time off.

Hourly to Salary Converter — Annual Income Calculator

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