Salary & Income Tax: Net-Pay Calculator

Convert between hourly wage, daily pay, weekly salary, monthly income, and yearly salary with our free calculator. See your take-home pay after taxes.

SALARY & COMPENSATION CALCULATOR

FREQUENCY
GROSS AMOUNT
AFTER TAX

CALCULATOR FEATURES:

  • Converts between all common pay frequencies
  • Estimates after-tax income
  • Supports flexible frequency conversion

Note: This calculator provides estimates only. Income may vary based on specific tax situations, benefits, etc.

Why Use a Salary and Net Pay Calculator?

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Complete Income & Net Pay Conversion

Convert between hourly wages, daily, weekly, bi-weekly, semi-monthly, monthly income, quarterly and yearly salary to understand your income from every angle

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Take Home Pay & Tax Impact

See exactly how taxes impact your take-home pay across different payment frequencies. Calculate take-home pay with customizable tax rates for flexible financial planning

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Salary & Wage Negotiation Tool

Compare job offers with different pay structures and different tax rates to make informed career decisions based on your actual take-home pay.

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Financial & Business Planning

Essential for business owners and entrepreneurs to calculate fair employee wage or determine self income needs. Plan salaries and understand tax implications for better financial decisions

How To Use The Calculator

1

Enter Your Base Pay

Input your current wage, salary, or hourly rate in the “Amount” field

2

Add Tax Rate


Enter your total estimated tax rate as a percentage field to calculator net income

3

Select Payment Frequency

Select how often the income is received from the dropdown menu on "Frequency"

4

Get Complete Results

Get detailed breakdowns of pay rates, including gross and net-pay

Understanding Tax Rates

Federal Income Tax
Federal income tax is based on a progressive system with rates ranging from 10% to 37%, depending on your income bracket. Effective federal tax rate is typically lower than your highest bracket because only portions of your income are taxed at higher rates.
State and Local Taxes
State income taxes significantly affect your net pay, varying from 0% to over 13%. Some cities and counties also impose local income taxes. These taxes can significantly impact your take-home pay, especially in high-tax areas.
FICA Taxes
FICA taxes fund Social Security (6.2% of wages up to a limit) and Medicare (1.45% on all wages, plus 0.9% for high earners). FICA taxes are flat rates on your earnings up to certain thresholds. Usually they’re automatically withheld from your paycheck.

Frequently Asked Questions

How accurate are the income tax calculations for my net pay?
Our calculator provides estimates based on the tax rate you enter. For the most accurate take-home pay results, input your effective tax rate (federal, state, and local combined). This helps you get a realistic view of your take-home pay.
How do I calculate my net pay if I have deductions besides income tax?
Our calculator focuses on income tax for net pay estimates. For a complete picture, factor in other deductions (benefits, retirement contributions, etc.) separately from the results shown here.
Is this effective when comparing job offers?
Yes! Our salary calculator is a great tool for comparing job offers. Enter the salary or hourly wage for each offer, along with the respective tax rates, to see which job provides the highest take-home pay.
Can I use this calculator for hourly wage calculations?
Yes! This calculator is perfect for converting hourly wages to weekly, monthly, or yearly income. Just enter your hourly rate, and the tool will show you equivalent pay rates for different frequencies.
What’s the difference between gross pay and net pay?
Gross pay is your total income before taxes and deductions, while net pay (or take-home pay) is the amount you receive after taxes and other withholdings. Our calculator helps you estimate your net income based on your tax rate.
What if I live in a state with no income tax?
If you live in a state with no income tax, you’ll only need to account for federal taxes and FICA taxes (Social Security and Medicare). Simply enter your estimated tax rate.
What's the difference between bi-weekly and semi-monthly pay?
Bi-weekly pay occurs every two weeks (26 pay periods per year), while semi-monthly pay occurs twice a month (24 pay periods per year). Our calculator accounts for this difference when converting between frequencies.
What assumptions does the calculator make about working hours?
The calculator assumes a standard 40-hour work week, 8-hour work day, and approximately 2,080 working hours per year. For daily calculations, it assumes 5 workdays per week. These are industry standard assumptions for full-time employment.