60000 a Year Is How Much an Hour?
If you're wondering how much $60,000 a year translates to in hourly pay, here’s how it breaks down:
1. The Standard 40-Hour Workweek (52 Weeks)
Most full-time jobs are based on working 40 hours a week for 52 weeks, so if you're making $60k a year and working full-time with no paid time off, here's the math:
Hourly rate = 60,000 ÷ (40 × 52) ≈ 28.85
So, it’s about $28.85 per hour.
2. Taking Paid Time Off (2 Weeks Vacation)
If you get a couple weeks of paid vacation, you’ll actually be working fewer weeks in the year—usually around 50 weeks. So your hourly rate would look like this:
Hourly rate = 60,000 ÷ (40 × 50) = 30
That brings your rate up to $30 per hour.
3. The 35-Hour Week
In some jobs, you might work fewer hours, like 35 hours per week. So if you're working part-time or in a flexible role, here’s how that would work:
Hourly rate = 60,000 ÷ (35 × 52) ≈ 32.97
In this case, you’d be making about $32.97 per hour.
The most common calculation in the U.S. is based on a 40-hour workweek, which comes out to around $28.85 per hour. If you’re getting time off or working fewer hours, that number could be higher, but for most full-time gigs, this is the typical hourly rate.