How the number is calculated
$43 × 40 hours × 52 weeks = $89,440
A full-time US job is usually counted as 40 hours a week and 52 weeks a year, or 2,080 paid hours. Multiplying $43 by 2,080 gives the gross yearly pay. If your two weeks of vacation are unpaid, use 50 weeks instead: $86,000 a year.
$43 an hour at different schedules
| Hours a week | Weekly | Monthly | Yearly |
|---|---|---|---|
| 20 hours | $860.00 | $3,726.67 | $44,720 |
| 25 hours | $1,075.00 | $4,658.33 | $55,900 |
| 30 hours | $1,290.00 | $5,590.00 | $67,080 |
| 32 hours | $1,376.00 | $5,962.67 | $71,552 |
| 35 hours | $1,505.00 | $6,521.67 | $78,260 |
| 37.5 hours | $1,612.50 | $6,987.50 | $83,850 |
| 40 hours | $1,720.00 | $7,453.33 | $89,440 |
| 45 hours | $1,935.00 | $8,385.00 | $100,620 |
| 50 hours | $2,150.00 | $9,316.67 | $111,800 |
Overtime at $43 an hour
Under the federal Fair Labor Standards Act, non-exempt employees earn at least 1.5 times their regular rate for hours over 40 in a workweek. At $43 an hour, that is $64.50 per overtime hour. Five overtime hours a week add $322.50 a week, or about $16,770 a year.
A 50/30/20 budget on $43 an hour
The 50/30/20 rule splits take-home pay into needs, wants and savings. Taxes depend on your state, filing status and benefits, so the split below uses gross pay of $7,453 a month as a starting point. Use the 50/30/20 budget calculator with your actual take-home pay.
| Category | Share | Monthly (gross) |
|---|---|---|
| Needs | 50% | $3,727 |
| Wants | 30% | $2,236 |
| Savings and debt | 20% | $1,491 |
$43 an hour is 5.9 times the federal minimum wage of $7.25. Many states and cities set a higher minimum, so check your state labor department for the local rate.
Want a different rate or schedule? Try the salary to hourly calculator.