Home / Finance / Salary Calculator

Salary / Take-Home Pay Calculator

Estimate your take-home pay in the US from an annual salary or an hourly wage — with an adjustable tax rate and optional monthly deductions.

A rough combined federal + state estimate. Adjust it to match your situation.

Health insurance premiums, retirement contributions, etc.

Estimated Take-Home Pay (Monthly)

Important — simplified estimate only: This is a rough estimate, not a tax calculation. Your actual take-home pay depends on your state, filing status, tax brackets, deductions, and payroll taxes (Social Security and Medicare), none of which are modeled here. For an accurate figure, consult a tax professional or your employer's payroll department. Results are estimates only and not financial advice.

How It Works

This calculator turns your gross pay into an estimated take-home figure in three simple steps. First it finds your annual gross pay: your salary as entered, or for hourly workers, your wage × hours per week × 52 weeks. Then it applies your estimated tax rate — a single flat percentage you can adjust — to estimate annual tax. Finally it subtracts tax and your monthly deductions (times 12) from gross pay to get your annual take-home, then divides by 12 for monthly and by 26 for bi-weekly pay.

The default tax rate of 22% is a rough combined federal-plus-state estimate for a typical middle-income earner, but real tax is progressive: different parts of your income are taxed at different rates, and your state, filing status, and deductions all change the result. That is why the rate is adjustable — if you know your effective tax rate from last year's return, enter that for a much closer estimate. Monthly deductions cover things like health insurance premiums and retirement contributions that come out of your paycheck before you see it.

Worked example: a $75,000 annual salary at a 22% estimated tax rate with no other deductions. Annual tax comes to $75,000 × 22% = $16,500, leaving $58,500 take-home per year. That is $4,875 per month and about $2,250 every two weeks (bi-weekly). The same math from an hourly wage: $36/hour × 40 hours × 52 weeks = $74,880 a year, which gives nearly identical take-home figures.

Frequently Asked Questions

What is the difference between gross pay and take-home pay?

Gross pay is your full salary before anything is taken out. Take-home pay (net pay) is what actually lands in your bank account after taxes and deductions such as health insurance and retirement contributions.

Why is this only an estimate?

Real US income tax is progressive and depends on your state, filing status, deductions, and credits — plus payroll taxes for Social Security and Medicare. This calculator uses one flat rate you choose, so it gives a useful ballpark, not a precise paycheck figure.

How do I convert an hourly wage to an annual salary?

Multiply your hourly wage by the hours you work per week, then by 52 weeks. For example, $36/hour × 40 hours × 52 weeks = $74,880 per year.

What does bi-weekly pay mean?

Bi-weekly means you are paid every two weeks — 26 paychecks a year. Two months a year you will receive three paychecks instead of two, which is why bi-weekly pay is your annual take-home divided by 26, not by 24.

Should I include overtime or bonuses?

This calculator assumes steady pay. Overtime and bonuses are taxed too, often at a higher withholding rate, so add them to your annual gross only if you want a rough yearly picture — and remember the tax estimate will be less precise.

Last updated: November 2026