What is a $242,000 Salary on a Per-Hour Basis?
What is your hourly wage if you earn $242,000 per year?
If you work 40 hours a week, 50 weeks a year:
$242,000 per year =
$121 per hour
($4,840 per week)
Click here for the opposite calculation
$242,000 a year is what per hour?
It depends on how many hours you work, but assuming a 40 hour work week, and working 50 weeks a year, then a $242,000 yearly salary is about $121 per hour.
Is 242k a year good pay?
Yes. Any salary over $101,020 a year puts you in the top 10% of U.S. workers.
Median Yearly Salary by Profession - United States
Profession |
Salary |
Doctors (General Practice) |
$214,460 |
Dentists |
$159,530 |
Lawyers |
$135,740 |
Pharmacists |
$132,750 |
Air Traffic Controllers |
$132,250 |
Physician Assistants |
$126,010 |
Software Developers |
$114,190 |
Actuaries |
$113,990 |
Mathematicians |
$112,110 |
Veterinarians |
$103,260 |
Civil Engineers |
$89,940 |
Psychologists |
$85,330 |
Registered Nurses |
$81,220 |
Accountants |
$78,000 |
Police Officers |
$65,810 |
Flight Attendants |
$63,760 |
High School Teachers |
$62,360 |
Electricians |
$60,240 |
Plumbers |
$60,090 |
Insurance Agents |
$57,860 |
Head Chefs |
$56,520 |
Clergy |
$55,550 |
Mail Carriers |
$54,250 |
Profession |
Salary |
Real Estate Agents |
$52,030 |
Firefighters |
$51,680 |
Undertakers |
$51,570 |
Carpenters |
$51,390 |
Librarians |
$51,220 |
Bus Drivers |
$50,890 |
Prison Guards |
$49,610 |
Machinists |
$48,510 |
All Occupations |
$46,310 |
Secretaries |
$44,080 |
Models |
$43,130 |
Construction Laborers |
$40,750 |
Photographers |
$40,170 |
Preschool Teachers |
$37,000 |
Bank Tellers |
$36,380 |
Butchers |
$35,870 |
Security Guards |
$34,750 |
Barbers and Hairdressers |
$33,400 |
Cooks |
$30,910 |
Taxi Drivers |
$30,670 |
Nannies |
$28,520 |
Cashiers |
$28,250 |
Fast Food Workers |
$27,930 |
Median Yearly Salary by U.S. State
State |
Rank |
Salary |
Alabama |
47 |
$38,480 |
Alaska |
4 |
$52,000 |
Arizona |
25 |
$45,282 |
Arkansas |
49 |
$37,274 |
California |
9 |
$49,733 |
Colorado |
8 |
$50,253 |
Connecticut |
5 |
$51,792 |
Delaware |
19 |
$47,154 |
Florida |
37 |
$40,810 |
Georgia |
31 |
$42,890 |
Hawaii |
12 |
$48,568 |
Idaho |
40 |
$40,061 |
Illinois |
16 |
$47,486 |
Indiana |
34 |
$42,099 |
Iowa |
28 |
$44,346 |
Kansas |
35 |
$41,870 |
Kentucky |
39 |
$40,186 |
Louisiana |
45 |
$38,979 |
Maine |
24 |
$45,427 |
Maryland |
6 |
$51,418 |
Massachusetts |
1 |
$58,448 |
Michigan |
22 |
$45,510 |
Minnesota |
11 |
$48,755 |
Mississippi |
50 |
$36,109 |
Missouri |
32 |
$42,307 |
State |
Rank |
Salary |
Montana |
33 |
$42,203 |
Nebraska |
29 |
$44,096 |
Nevada |
38 |
$40,810 |
New Hampshire |
14 |
$47,923 |
New Jersey |
7 |
$51,085 |
New Mexico |
42 |
$39,915 |
New York |
3 |
$52,478 |
North Carolina |
36 |
$41,808 |
North Dakota |
17 |
$47,403 |
Ohio |
26 |
$44,762 |
Oklahoma |
44 |
$39,104 |
Oregon |
15 |
$47,778 |
Pennsylvania |
20 |
$45,802 |
Rhode Island |
10 |
$49,358 |
South Carolina |
46 |
$38,875 |
South Dakota |
43 |
$39,874 |
Tennessee |
41 |
$39,936 |
Texas |
30 |
$43,472 |
Utah |
27 |
$44,470 |
Vermont |
18 |
$47,320 |
Virginia |
13 |
$48,298 |
Washington |
2 |
$56,326 |
West Virginia |
48 |
$37,773 |
Wisconsin |
21 |
$45,656 |
Wyoming |
23 |
$45,448 |
$242,000 / yr - Inflation Adjusted
Year |
Salary |
2022 |
$227,327 |
2021 |
$212,383 |
2020 |
$209,529 |
2019 |
$204,848 |
2018 |
$201,009 |
2017 |
$196,857 |
2016 |
$192,856 |
2015 |
$191,459 |
2014 |
$190,022 |
2013 |
$187,210 |
2012 |
$184,007 |
2011 |
$178,712 |
2010 |
$176,079 |
2009 |
$171,414 |
2008 |
$171,257 |
2007 |
$164,542 |
2006 |
$160,465 |
2005 |
$155,165 |
2004 |
$150,273 |
2003 |
$147,501 |
2002 |
$144,076 |
2001 |
$141,875 |
2000 |
$137,227 |
1999 |
$133,639 |
1998 |
$131,520 |
1997 |
$129,318 |
1996 |
$125,160 |
1995 |
$122,061 |
1994 |
$118,881 |
1993 |
$115,701 |
1992 |
$112,440 |
1991 |
$109,097 |
1990 |
$102,818 |
1989 |
$98,252 |
1988 |
$94,094 |
1987 |
$90,099 |
1986 |
$89,120 |
Year |
Salary |
1985 |
$85,859 |
1984 |
$82,597 |
1983 |
$79,580 |
1982 |
$76,645 |
1981 |
$70,367 |
1980 |
$62,539 |
1979 |
$55,201 |
1978 |
$50,635 |
1977 |
$47,455 |
1976 |
$45,253 |
1975 |
$42,318 |
1974 |
$37,670 |
1973 |
$34,653 |
1972 |
$33,512 |
1971 |
$32,452 |
1970 |
$30,740 |
1969 |
$28,946 |
1968 |
$27,641 |
1967 |
$26,826 |
1966 |
$25,929 |
1965 |
$25,440 |
1964 |
$25,195 |
1963 |
$24,787 |
1962 |
$24,461 |
1961 |
$24,298 |
1960 |
$23,972 |
1959 |
$23,564 |
1958 |
$23,157 |
1957 |
$22,504 |
1956 |
$21,852 |
1955 |
$21,770 |
1954 |
$21,934 |
1953 |
$21,770 |
1952 |
$21,607 |
1951 |
$20,384 |
1950 |
$19,243 |
1949 |
$19,650 |
Year |
Salary |
1948 |
$19,080 |
1947 |
$17,531 |
1946 |
$14,840 |
1945 |
$14,514 |
1944 |
$14,187 |
1943 |
$13,780 |
1942 |
$12,638 |
1941 |
$11,497 |
1940 |
$11,415 |
1939 |
$11,415 |
1938 |
$11,741 |
1937 |
$11,415 |
1936 |
$11,252 |
1935 |
$10,926 |
1934 |
$10,763 |
1933 |
$10,681 |
1932 |
$11,904 |
1931 |
$13,127 |
1930 |
$14,024 |
1929 |
$13,943 |
1928 |
$14,106 |
1927 |
$14,432 |
1926 |
$14,595 |
1925 |
$14,106 |
1924 |
$14,106 |
1923 |
$13,780 |
1922 |
$14,106 |
1921 |
$15,818 |
1920 |
$15,411 |
1919 |
$13,454 |
1918 |
$11,171 |
1917 |
$9,458 |
1916 |
$8,398 |
1915 |
$8,235 |
1914 |
$8,154 |
Nearby Values
Per Year |
Per Hour |
$242,000 |
$121.00 |
$242,010 |
$121.01 |
$242,020 |
$121.01 |
$242,030 |
$121.02 |
$242,040 |
$121.02 |
$242,050 |
$121.03 |
$242,060 |
$121.03 |
$242,070 |
$121.04 |
$242,080 |
$121.04 |
$242,090 |
$121.05 |
$242,100 |
$121.05 |
$242,110 |
$121.06 |
$242,120 |
$121.06 |
$242,130 |
$121.07 |
$242,140 |
$121.07 |
$242,150 |
$121.08 |
$242,160 |
$121.08 |
$242,170 |
$121.09 |
$242,180 |
$121.09 |
$242,190 |
$121.10 |
$242,200 |
$121.10 |
$242,210 |
$121.11 |
$242,220 |
$121.11 |
$242,230 |
$121.12 |
$242,240 |
$121.12 |
$242,250 |
$121.13 |
$242,260 |
$121.13 |
$242,270 |
$121.14 |
$242,280 |
$121.14 |
$242,290 |
$121.15 |
$242,300 |
$121.15 |
$242,310 |
$121.16 |
$242,320 |
$121.16 |
$242,330 |
$121.17 |
Per Year |
Per Hour |
$242,340 |
$121.17 |
$242,350 |
$121.18 |
$242,360 |
$121.18 |
$242,370 |
$121.19 |
$242,380 |
$121.19 |
$242,390 |
$121.20 |
$242,400 |
$121.20 |
$242,410 |
$121.21 |
$242,420 |
$121.21 |
$242,430 |
$121.22 |
$242,440 |
$121.22 |
$242,450 |
$121.23 |
$242,460 |
$121.23 |
$242,470 |
$121.24 |
$242,480 |
$121.24 |
$242,490 |
$121.25 |
$242,500 |
$121.25 |
$242,510 |
$121.26 |
$242,520 |
$121.26 |
$242,530 |
$121.27 |
$242,540 |
$121.27 |
$242,550 |
$121.28 |
$242,560 |
$121.28 |
$242,570 |
$121.29 |
$242,580 |
$121.29 |
$242,590 |
$121.30 |
$242,600 |
$121.30 |
$242,610 |
$121.31 |
$242,620 |
$121.31 |
$242,630 |
$121.32 |
$242,640 |
$121.32 |
$242,650 |
$121.33 |
$242,660 |
$121.33 |
$242,670 |
$121.34 |
Per Year |
Per Hour |
$242,680 |
$121.34 |
$242,690 |
$121.35 |
$242,700 |
$121.35 |
$242,710 |
$121.36 |
$242,720 |
$121.36 |
$242,730 |
$121.37 |
$242,740 |
$121.37 |
$242,750 |
$121.38 |
$242,760 |
$121.38 |
$242,770 |
$121.39 |
$242,780 |
$121.39 |
$242,790 |
$121.40 |
$242,800 |
$121.40 |
$242,810 |
$121.41 |
$242,820 |
$121.41 |
$242,830 |
$121.42 |
$242,840 |
$121.42 |
$242,850 |
$121.43 |
$242,860 |
$121.43 |
$242,870 |
$121.44 |
$242,880 |
$121.44 |
$242,890 |
$121.45 |
$242,900 |
$121.45 |
$242,910 |
$121.46 |
$242,920 |
$121.46 |
$242,930 |
$121.47 |
$242,940 |
$121.47 |
$242,950 |
$121.48 |
$242,960 |
$121.48 |
$242,970 |
$121.49 |
$242,980 |
$121.49 |
$242,990 |
$121.50 |