What is a $245,000 Salary on a Per-Hour Basis?
What is your hourly wage if you earn $245,000 per year?
Yearly Salary
$
Hours per Week
Weeks 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
May 2022 data. Source
| 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
May 2022 data. Source
| 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 |