Annual Income Calculator
Estimate your total gross annual income by combining salary, freelance earnings, investment income, and other sources.
How to use this tool
- Enter annual salary (employment), freelance / self-employment income, investment & dividend income and other income (rental, etc.) in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your total annual income and the full breakdown beneath it.
Formula
Annual Income = Salary + Freelance + Investments + Other
Monthly Income = Annual Income ÷ 12
Weekly Income = Annual Income ÷ 52
How it works
This calculator aggregates gross income from all sources before any tax deductions or withholdings. All figures are pre-tax (gross) amounts. Irregular income sources should be estimated as an annual average.
Worked example
$50,000 salary plus $8,000 freelance and $2,000 investments
- Sum all income sources: $50,000 + $8,000 + $2,000 + $0 = $60,000
- Monthly average: $60,000 ÷ 12 = $5,000
- Weekly average: $60,000 ÷ 52 ≈ $1,153.85
Total annual income is $60,000, equal to $5,000/month or approximately $1,153.85/week.
Key terms
- Gross income
- Total income from all sources before taxes, deductions, or withholdings are subtracted.
- Freelance income
- Earnings from self-employment or contract work, typically reported on a 1099 form in the US.
- Investment income
- Money earned from dividends, interest, capital gains, or other investment returns.
- Net income
- Take-home pay after taxes and deductions; this calculator reports gross (pre-tax) income only.