Ohio Hourly Rate Calculator
Convert your annual salary to an hourly wage based on Ohio labor standards.
Understanding Your Hourly Rate in Ohio
Whether you are a salaried employee in Columbus or a freelancer in Cleveland, knowing your true hourly rate is essential for budgeting and career planning. In the state of Ohio, compensation is governed by both federal Fair Labor Standards Act (FLSA) rules and specific state mandates.
Ohio Minimum Wage Laws (2024)
As of January 1, 2024, the Ohio minimum wage is set at $10.45 per hour for non-tipped employees and $5.25 per hour for tipped employees. This rate applies to employees of businesses with annual gross receipts of $385,000 or more. For smaller businesses, the federal minimum wage of $7.25 typically applies.
How to Calculate Your Ohio Hourly Wage
To calculate your rate manually, you can use the following formula:
Hourly Rate = Annual Salary / (Weeks Worked × Hours per Week)
For example, if you earn $50,000 a year in Cincinnati and work a standard 40-hour week for 52 weeks:
- Total Annual Hours: 40 × 52 = 2,080 hours
- Hourly Rate: $50,000 / 2,080 = $24.04 per hour
Overtime Considerations in the Buckeye State
Ohio law generally requires employers to pay "time and a half" (1.5x the regular hourly rate) for any hours worked over 40 in a seven-day workweek. If you are a salaried worker, you may be "exempt" from this rule depending on your job duties and salary level, following the "white collar" exemption criteria.
Cost of Living in Ohio
While calculating your hourly rate is the first step, it is important to weigh it against Ohio's cost of living. Generally, Ohio boasts a lower cost of living than the national average, particularly regarding housing costs in cities like Toledo, Akron, and Dayton. A $25/hour rate in Ohio often provides more purchasing power than the same rate in coastal states.