What is a $40,500 Salary on a Per-Hour Basis?
What is your hourly wage if you earn $40,500 per year?
If you work 40 hours a week, 50 weeks a year:
$40,500 per year =
$20.25 per hour
($810 per week)
Click here for the opposite calculation
$40,500 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 $40,500 yearly salary is about $20.25 per hour.
Is 40.5k a year good pay?
It's a little below average. We estimate that only 40% of workers in the United States earn less than $40,500/year.
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 |
$40,500 / yr - Inflation Adjusted
Year |
Salary |
2022 |
$38,044 |
2021 |
$35,543 |
2020 |
$35,066 |
2019 |
$34,282 |
2018 |
$33,640 |
2017 |
$32,945 |
2016 |
$32,275 |
2015 |
$32,042 |
2014 |
$31,801 |
2013 |
$31,331 |
2012 |
$30,795 |
2011 |
$29,908 |
2010 |
$29,468 |
2009 |
$28,687 |
2008 |
$28,661 |
2007 |
$27,537 |
2006 |
$26,855 |
2005 |
$25,968 |
2004 |
$25,149 |
2003 |
$24,685 |
2002 |
$24,112 |
2001 |
$23,744 |
2000 |
$22,966 |
1999 |
$22,365 |
1998 |
$22,010 |
1997 |
$21,642 |
1996 |
$20,946 |
1995 |
$20,428 |
1994 |
$19,895 |
1993 |
$19,363 |
1992 |
$18,817 |
1991 |
$18,258 |
1990 |
$17,207 |
1989 |
$16,443 |
1988 |
$15,747 |
1987 |
$15,078 |
1986 |
$14,915 |
Year |
Salary |
1985 |
$14,369 |
1984 |
$13,823 |
1983 |
$13,318 |
1982 |
$12,827 |
1981 |
$11,776 |
1980 |
$10,466 |
1979 |
$9,238 |
1978 |
$8,474 |
1977 |
$7,942 |
1976 |
$7,573 |
1975 |
$7,082 |
1974 |
$6,304 |
1973 |
$5,799 |
1972 |
$5,608 |
1971 |
$5,431 |
1970 |
$5,144 |
1969 |
$4,844 |
1968 |
$4,626 |
1967 |
$4,489 |
1966 |
$4,339 |
1965 |
$4,257 |
1964 |
$4,217 |
1963 |
$4,148 |
1962 |
$4,094 |
1961 |
$4,066 |
1960 |
$4,012 |
1959 |
$3,944 |
1958 |
$3,875 |
1957 |
$3,766 |
1956 |
$3,657 |
1955 |
$3,643 |
1954 |
$3,671 |
1953 |
$3,643 |
1952 |
$3,616 |
1951 |
$3,411 |
1950 |
$3,220 |
1949 |
$3,289 |
Year |
Salary |
1948 |
$3,193 |
1947 |
$2,934 |
1946 |
$2,484 |
1945 |
$2,429 |
1944 |
$2,374 |
1943 |
$2,306 |
1942 |
$2,115 |
1941 |
$1,924 |
1940 |
$1,910 |
1939 |
$1,910 |
1938 |
$1,965 |
1937 |
$1,910 |
1936 |
$1,883 |
1935 |
$1,829 |
1934 |
$1,801 |
1933 |
$1,788 |
1932 |
$1,992 |
1931 |
$2,197 |
1930 |
$2,347 |
1929 |
$2,333 |
1928 |
$2,361 |
1927 |
$2,415 |
1926 |
$2,443 |
1925 |
$2,361 |
1924 |
$2,361 |
1923 |
$2,306 |
1922 |
$2,361 |
1921 |
$2,647 |
1920 |
$2,579 |
1919 |
$2,252 |
1918 |
$1,869 |
1917 |
$1,583 |
1916 |
$1,406 |
1915 |
$1,378 |
1914 |
$1,365 |
Nearby Values
Per Year |
Per Hour |
$40,500 |
$20.25 |
$40,505 |
$20.25 |
$40,510 |
$20.26 |
$40,515 |
$20.26 |
$40,520 |
$20.26 |
$40,525 |
$20.26 |
$40,530 |
$20.27 |
$40,535 |
$20.27 |
$40,540 |
$20.27 |
$40,545 |
$20.27 |
$40,550 |
$20.28 |
$40,555 |
$20.28 |
$40,560 |
$20.28 |
$40,565 |
$20.28 |
$40,570 |
$20.29 |
$40,575 |
$20.29 |
$40,580 |
$20.29 |
$40,585 |
$20.29 |
$40,590 |
$20.30 |
$40,595 |
$20.30 |
$40,600 |
$20.30 |
$40,605 |
$20.30 |
$40,610 |
$20.31 |
$40,615 |
$20.31 |
$40,620 |
$20.31 |
$40,625 |
$20.31 |
$40,630 |
$20.32 |
$40,635 |
$20.32 |
$40,640 |
$20.32 |
$40,645 |
$20.32 |
$40,650 |
$20.33 |
$40,655 |
$20.33 |
$40,660 |
$20.33 |
$40,665 |
$20.33 |
Per Year |
Per Hour |
$40,670 |
$20.34 |
$40,675 |
$20.34 |
$40,680 |
$20.34 |
$40,685 |
$20.34 |
$40,690 |
$20.35 |
$40,695 |
$20.35 |
$40,700 |
$20.35 |
$40,705 |
$20.35 |
$40,710 |
$20.36 |
$40,715 |
$20.36 |
$40,720 |
$20.36 |
$40,725 |
$20.36 |
$40,730 |
$20.37 |
$40,735 |
$20.37 |
$40,740 |
$20.37 |
$40,745 |
$20.37 |
$40,750 |
$20.38 |
$40,755 |
$20.38 |
$40,760 |
$20.38 |
$40,765 |
$20.38 |
$40,770 |
$20.39 |
$40,775 |
$20.39 |
$40,780 |
$20.39 |
$40,785 |
$20.39 |
$40,790 |
$20.40 |
$40,795 |
$20.40 |
$40,800 |
$20.40 |
$40,805 |
$20.40 |
$40,810 |
$20.41 |
$40,815 |
$20.41 |
$40,820 |
$20.41 |
$40,825 |
$20.41 |
$40,830 |
$20.42 |
$40,835 |
$20.42 |
Per Year |
Per Hour |
$40,840 |
$20.42 |
$40,845 |
$20.42 |
$40,850 |
$20.43 |
$40,855 |
$20.43 |
$40,860 |
$20.43 |
$40,865 |
$20.43 |
$40,870 |
$20.44 |
$40,875 |
$20.44 |
$40,880 |
$20.44 |
$40,885 |
$20.44 |
$40,890 |
$20.45 |
$40,895 |
$20.45 |
$40,900 |
$20.45 |
$40,905 |
$20.45 |
$40,910 |
$20.46 |
$40,915 |
$20.46 |
$40,920 |
$20.46 |
$40,925 |
$20.46 |
$40,930 |
$20.47 |
$40,935 |
$20.47 |
$40,940 |
$20.47 |
$40,945 |
$20.47 |
$40,950 |
$20.48 |
$40,955 |
$20.48 |
$40,960 |
$20.48 |
$40,965 |
$20.48 |
$40,970 |
$20.49 |
$40,975 |
$20.49 |
$40,980 |
$20.49 |
$40,985 |
$20.49 |
$40,990 |
$20.50 |
$40,995 |
$20.50 |