Finance & Economics / Personal Finance
Take-Home Pay Calculator
Income Details
FICA (Social Security + Medicare): 7.65% (auto-calculated)
Tax Information
Federal Tax: Varies by income bracket. This calculator uses a simplified flat rate estimate.
State Tax: Varies by state (0% to 13.3%). Enter your state's rate.
FICA: 6.2% Social Security + 1.45% Medicare = 7.65% total.
Estimate net pay after tax withholding and payroll deductions to align compensation expectations with actual spendable income.
Formula
Net Pay = Gross Pay - Federal Tax - State Tax - Payroll Taxes - Pre/Post-Tax Deductions
Worked Example
annualSalary95000
filingStatussingle
stateTaxPercent5
preTaxDeductionsMonthly350
Result: $5,650 monthly take-home (estimate)After taxes and deductions, usable monthly cash flow is notably lower than gross salary, which is critical for budgeting decisions.
Frequently Asked Questions
Why does my net pay differ from paycheck to paycheck?
Variable hours, bonuses, benefit elections, and withholding updates can change take-home amounts during the year.
Can this replace payroll software output?
No. Use it for planning estimates, then validate final numbers against employer payroll and tax filings.