Introduction
Use this free salary calculator to find out how much money you actually take home after taxes and deductions. Enter your yearly salary or hourly wage, and the tool breaks down your federal tax, state tax, Social Security, Medicare, and any pre-tax deductions like a 401(k) or health insurance. You can see your net pay per paycheck, per month, or per year. The calculator also shows your effective tax rate, an equivalent hourly rate, and a full conversion table so you can compare your pay across every pay frequency. Use this tool to see a clear picture of your earnings when you get a job offer, plan a budget, or read your paycheck stub.
How to Use Our Salary Calculator
Enter your pay details below to see your gross income, tax estimates, and take-home pay broken down by pay period and year.
Income Type: Pick "Salary" if you earn a fixed amount or "Hourly" if you are paid by the hour.
Salary Amount: Type in how much you earn before taxes. This is your gross pay.
Pay Frequency: Choose how often the amount you entered is paid, such as annually, monthly, or weekly.
Hourly Wage: If you picked hourly mode, enter the dollar amount you earn per hour.
Hours Per Week: Enter the number of hours you work each week. The default is 40.
Days Per Week: Enter how many days you work each week. The default is 5.
Holidays Per Year: Enter the number of paid holidays you get each year.
Vacation Days Per Year: Enter how many paid vacation days you receive each year.
Overtime Hourly Wage: If you work overtime, enter your overtime pay rate per hour.
Overtime Hours Per Week: Enter how many extra hours you work beyond your regular hours each week.
Filing Status: Choose "Single" or "Married" to match how you file your federal taxes.
Tax Pay Frequency: Select how often you get a paycheck. This is used to calculate your per-paycheck tax withholding.
Number of Dependents: Enter how many dependents you claim. Each one applies a $2,000 Child Tax Credit to lower your federal tax.
Federal Allowances: This is a legacy field for older W-4 forms. It does not affect results for 2020 or newer W-4 filers.
State Allowances: Enter your state tax allowances. Each one reduces your state taxable income by $4,350.
Additional State Allowances: Enter any extra state allowances beyond the standard number.
Local Allowances: Enter your local tax allowances. Each one reduces your local taxable income by $4,350.
Additional Federal Withholding: Enter any extra dollar amount you want withheld from each paycheck for federal taxes.
Additional State Withholding: Enter any extra dollar amount you want withheld from each paycheck for state taxes.
Additional Local Withholding: Enter any extra dollar amount you want withheld from each paycheck for local taxes.
Tax Exemptions: Select "Yes" for any tax you are exempt from, such as federal tax, state tax, or FICA.
401(k) Contribution: Enter the percentage of your gross salary you put into your 401(k) retirement plan. This is taken out before taxes.
Health Insurance: Enter the dollar amount taken from each paycheck for health insurance before taxes.
Other Pre-Tax Deductions: Enter any other dollar amount taken from each paycheck before taxes, such as an HSA or FSA.
Click Calculate to see your results. Click Reset to clear all fields and start over.
What Is a Salary Calculator?
A salary calculator helps you figure out how much money you actually take home from your paycheck. When you earn a salary or hourly wage, your employer takes out taxes and other costs before paying you. This tool shows you exactly how much gets removed and how much you keep.
What Gets Taken Out of Your Paycheck?
Several things reduce your gross pay (the full amount you earn) before it becomes your net pay (what you actually receive):
- Federal income tax – The U.S. government taxes your income using tax brackets. The more you earn, the higher the rate on the top portion of your income. For 2025, rates range from 10% to 37%.
- State income tax – Most states also tax your income. Each state has its own rates. Some states, like Texas and Florida, have no state income tax at all.
- Local tax – Some cities and counties charge an additional income tax on top of federal and state taxes.
- Social Security tax (OASDI) – You pay 6.2% of your wages up to $176,100 in 2025. This funds retirement and disability benefits.
- Medicare tax – You pay 1.45% of all wages. If you earn over $200,000 as a single filer, you pay an extra 0.9% on income above that amount.
- Pre-tax deductions – These include 401(k) contributions and health insurance premiums. They come out of your paycheck before taxes are calculated, which lowers your taxable income.
How Federal Tax Brackets Work
The U.S. uses a progressive tax system. This means you do not pay one flat rate on all your income. Instead, different portions of your income are taxed at different rates. For example, a single filer in 2025 pays 10% on the first $11,925, then 12% on income from $11,925 to $48,475, and so on. Only the money in each range gets taxed at that range's rate.
Gross Pay vs. Net Pay
Gross pay is your total earnings before anything is taken out. Net pay is what lands in your bank account after all taxes and deductions. The difference between these two numbers can be significant. For someone earning $75,000 per year, taxes and deductions can reduce take-home pay by 25% to 35% depending on their situation.
What Is an Effective Tax Rate?
Your effective tax rate is the total percentage of your income that goes to taxes. It is different from your marginal tax rate, which is the rate on your last dollar earned. Your effective rate is almost always lower than your marginal rate because the first portions of your income are taxed at lower brackets.
Filing Status and Dependents
Your filing status affects your tax brackets and standard deduction. Single filers have a standard deduction of $15,000 in 2025, while married filers get $30,000. Each dependent you claim can qualify you for the Child Tax Credit, worth up to $2,000 per child, which directly reduces the tax you owe.
Salary vs. Hourly Pay
Salaried workers earn a fixed amount each year regardless of hours worked. Hourly workers get paid based on the number of hours they work. To compare the two, you can convert an annual salary to an hourly rate by dividing it by the number of working hours in a year. With a 40-hour week and standard time off, that is roughly 2,080 hours. A $75,000 salary equals about $36.06 per hour.