What is a $245,000 Salary on a Per-Hour Basis?
What is your hourly wage if you earn $245,000 per year?
If you work 40 hours a week, 50 weeks a year:
$245,000 per year =
$122.50 per hour
($4,900 per week)
Click here for the opposite calculation
$245,000 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 $245,000 yearly salary is about $123 per hour.
Is 245k 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 |
$245,000 / yr - Inflation Adjusted
Year |
Salary |
2022 |
$230,145 |
2021 |
$215,016 |
2020 |
$212,127 |
2019 |
$207,388 |
2018 |
$203,501 |
2017 |
$199,297 |
2016 |
$195,247 |
2015 |
$193,833 |
2014 |
$192,377 |
2013 |
$189,531 |
2012 |
$186,288 |
2011 |
$180,928 |
2010 |
$178,262 |
2009 |
$173,539 |
2008 |
$173,381 |
2007 |
$166,582 |
2006 |
$162,454 |
2005 |
$157,089 |
2004 |
$152,136 |
2003 |
$149,329 |
2002 |
$145,862 |
2001 |
$143,634 |
2000 |
$138,928 |
1999 |
$135,296 |
1998 |
$133,150 |
1997 |
$130,921 |
1996 |
$126,711 |
1995 |
$123,574 |
1994 |
$120,355 |
1993 |
$117,136 |
1992 |
$113,834 |
1991 |
$110,449 |
1990 |
$104,093 |
1989 |
$99,470 |
1988 |
$95,260 |
1987 |
$91,216 |
1986 |
$90,225 |
Year |
Salary |
1985 |
$86,923 |
1984 |
$83,621 |
1983 |
$80,567 |
1982 |
$77,595 |
1981 |
$71,239 |
1980 |
$63,314 |
1979 |
$55,885 |
1978 |
$51,262 |
1977 |
$48,043 |
1976 |
$45,814 |
1975 |
$42,842 |
1974 |
$38,137 |
1973 |
$35,083 |
1972 |
$33,927 |
1971 |
$32,854 |
1970 |
$31,121 |
1969 |
$29,305 |
1968 |
$27,984 |
1967 |
$27,158 |
1966 |
$26,250 |
1965 |
$25,755 |
1964 |
$25,507 |
1963 |
$25,095 |
1962 |
$24,764 |
1961 |
$24,599 |
1960 |
$24,269 |
1959 |
$23,856 |
1958 |
$23,444 |
1957 |
$22,783 |
1956 |
$22,123 |
1955 |
$22,040 |
1954 |
$22,205 |
1953 |
$22,040 |
1952 |
$21,875 |
1951 |
$20,637 |
1950 |
$19,481 |
1949 |
$19,894 |
Year |
Salary |
1948 |
$19,316 |
1947 |
$17,748 |
1946 |
$15,024 |
1945 |
$14,694 |
1944 |
$14,363 |
1943 |
$13,951 |
1942 |
$12,795 |
1941 |
$11,639 |
1940 |
$11,557 |
1939 |
$11,557 |
1938 |
$11,887 |
1937 |
$11,557 |
1936 |
$11,392 |
1935 |
$11,061 |
1934 |
$10,896 |
1933 |
$10,814 |
1932 |
$12,052 |
1931 |
$13,290 |
1930 |
$14,198 |
1929 |
$14,116 |
1928 |
$14,281 |
1927 |
$14,611 |
1926 |
$14,776 |
1925 |
$14,281 |
1924 |
$14,281 |
1923 |
$13,951 |
1922 |
$14,281 |
1921 |
$16,014 |
1920 |
$15,602 |
1919 |
$13,620 |
1918 |
$11,309 |
1917 |
$9,576 |
1916 |
$8,502 |
1915 |
$8,337 |
1914 |
$8,255 |
Nearby Values
Per Year |
Per Hour |
$245,000 |
$122.50 |
$245,010 |
$122.51 |
$245,020 |
$122.51 |
$245,030 |
$122.52 |
$245,040 |
$122.52 |
$245,050 |
$122.53 |
$245,060 |
$122.53 |
$245,070 |
$122.54 |
$245,080 |
$122.54 |
$245,090 |
$122.55 |
$245,100 |
$122.55 |
$245,110 |
$122.56 |
$245,120 |
$122.56 |
$245,130 |
$122.57 |
$245,140 |
$122.57 |
$245,150 |
$122.58 |
$245,160 |
$122.58 |
$245,170 |
$122.59 |
$245,180 |
$122.59 |
$245,190 |
$122.60 |
$245,200 |
$122.60 |
$245,210 |
$122.61 |
$245,220 |
$122.61 |
$245,230 |
$122.62 |
$245,240 |
$122.62 |
$245,250 |
$122.63 |
$245,260 |
$122.63 |
$245,270 |
$122.64 |
$245,280 |
$122.64 |
$245,290 |
$122.65 |
$245,300 |
$122.65 |
$245,310 |
$122.66 |
$245,320 |
$122.66 |
$245,330 |
$122.67 |
Per Year |
Per Hour |
$245,340 |
$122.67 |
$245,350 |
$122.68 |
$245,360 |
$122.68 |
$245,370 |
$122.69 |
$245,380 |
$122.69 |
$245,390 |
$122.70 |
$245,400 |
$122.70 |
$245,410 |
$122.71 |
$245,420 |
$122.71 |
$245,430 |
$122.72 |
$245,440 |
$122.72 |
$245,450 |
$122.73 |
$245,460 |
$122.73 |
$245,470 |
$122.74 |
$245,480 |
$122.74 |
$245,490 |
$122.75 |
$245,500 |
$122.75 |
$245,510 |
$122.76 |
$245,520 |
$122.76 |
$245,530 |
$122.77 |
$245,540 |
$122.77 |
$245,550 |
$122.78 |
$245,560 |
$122.78 |
$245,570 |
$122.79 |
$245,580 |
$122.79 |
$245,590 |
$122.80 |
$245,600 |
$122.80 |
$245,610 |
$122.81 |
$245,620 |
$122.81 |
$245,630 |
$122.82 |
$245,640 |
$122.82 |
$245,650 |
$122.83 |
$245,660 |
$122.83 |
$245,670 |
$122.84 |
Per Year |
Per Hour |
$245,680 |
$122.84 |
$245,690 |
$122.85 |
$245,700 |
$122.85 |
$245,710 |
$122.86 |
$245,720 |
$122.86 |
$245,730 |
$122.87 |
$245,740 |
$122.87 |
$245,750 |
$122.88 |
$245,760 |
$122.88 |
$245,770 |
$122.89 |
$245,780 |
$122.89 |
$245,790 |
$122.90 |
$245,800 |
$122.90 |
$245,810 |
$122.91 |
$245,820 |
$122.91 |
$245,830 |
$122.92 |
$245,840 |
$122.92 |
$245,850 |
$122.93 |
$245,860 |
$122.93 |
$245,870 |
$122.94 |
$245,880 |
$122.94 |
$245,890 |
$122.95 |
$245,900 |
$122.95 |
$245,910 |
$122.96 |
$245,920 |
$122.96 |
$245,930 |
$122.97 |
$245,940 |
$122.97 |
$245,950 |
$122.98 |
$245,960 |
$122.98 |
$245,970 |
$122.99 |
$245,980 |
$122.99 |
$245,990 |
$123.00 |