How To Calculate Monthly IncomeCalculating monthly income is an extension of calculating weekly income. To determine your monthly income, you'll follow a similar process

Multiply by the Number of Weeks:If your income sources are consistent, you can multiply your weekly income by the number of weeks in a month to estimate your monthly income.

How To Calculate Annual IncomeTo calculate your yearly income, you'll follow a process similar to that for weekly and monthly income, but you'll accumulate your earnings over a 12-month period.

Multiply by 12: To find your annual income, simply multiply your total monthly income by 12. This accounts for the 12 months in a year. The formula is as follows:Annual Income = Monthly Income x 12