Gross Income Calculator
Calculate your gross annual income based on hourly, weekly, or monthly wages, including overtime and bonuses.
Published by:
isCalculator Editorial Team
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How to use this tool?
How to Use the Gross Income Calculator
This calculator estimates your annual gross income based on your pay period, hours, overtime, and bonuses. Follow these steps:
- Select Pay Period – Choose Hourly, Weekly, Bi-Weekly, or Monthly from the dropdown.
- Enter Amount per Period – Input your pay rate (e.g., $25 per hour, $1,000 per week). Must be a positive number.
- Set Hours per Week – Default is 40. Only used if pay period is Hourly; otherwise, it helps calculate overtime.
- Add Overtime – Enter Overtime Hours per Week (e.g., 5) and the Overtime Rate multiplier (e.g., 1.5 for time-and-a-half).
- Include Annual Bonus – Enter any yearly bonus amount (optional, default is 0).
- Click Calculate – Press the button to see your estimated annual gross income and a breakdown.
The calculator assumes 52 weeks per year for weekly, 26 for bi-weekly, and 12 for monthly periods. Overtime is based on your hourly rate (derived from the pay period if not hourly).
Previous Results
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Frequently Asked Questions
Gross income is the total amount of money you earn before any deductions like taxes or retirement contributions.
Overtime pay is calculated by multiplying the overtime hours by the regular hourly rate times the overtime multiplier (e.g., 1.5x).
Yes, you can enter an annual bonus amount which will be added to the total gross income.
