How to Calculate Your Yearly Income (Without the Headache) - OneSDR

💰 When you’re applying for a loan, filing taxes, or just getting your money organized, one number always comes up: yearly income.

But what is yearly income, and how do you calculate it? Don’t worry—it’s simpler than you think. Let’s walk through it step by step.

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🙋 What Is Yearly Income?

Yearly income, or annual income, is the total amount of money you earn in a year—before taxes and other deductions.

This includes:

💡 Basically: If it’s money coming in regularly, it probably counts!

Depending on how you’re paid, here’s how to calculate it:

Yearly Income = Hourly Rate × Hours per Week × 52

⚙️ Example:
If you earn $20/hour and work 40 hours/week:

$20 × 40 × 52 = $41,600 per year

Yearly Income = Weekly Pay × 52

Yearly Income = Biweekly Pay × 26

Yearly Income = Monthly Pay × 12

Just use your gross annual salary (the amount before taxes).

Do you have a side hustle? Rent out a room? Sell crafts online? All that counts!

List anything you earn regularly throughout the year:

Then add it to your main income total.

Here’s what your final calculation might look like:

Main job (salary): $41,600  
Freelance work: $6,000  
Dividends: $400  
Total Yearly Income = $48,000

👏 Boom! That’s your total gross yearly income.

Use the tool below to calculate your annual or yearly income

When someone asks for your yearly income, they usually mean gross—unless they’re asking about your take-home pay.

Knowing your yearly income helps you:

Pay Type	How to Calculate
Hourly	Hourly Rate × Hours/Week × 52
Weekly	Weekly Pay × 52
Biweekly	Biweekly Pay × 26
Monthly	Monthly Pay × 12
Annual Salary	Use the full gross yearly salary
Side Hustles	Estimate yearly total and add it in