Salary Calculator

Estimate your take-home pay after federal tax, state tax, Social Security, and Medicare. See your net pay broken down by pay period.

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Quick reference

$50,000 salary — ~$39,500 take-home (single, no state tax)

$75,000 salary — ~$57,400 take-home (single, no state tax)

$100,000 salary — ~$75,100 take-home (single, no state tax)

$150,000 salary — ~$108,100 take-home (single, no state tax)

2024 key numbers

Standard deduction: $14,600 (single) / $29,200 (married)

Social Security cap: $168,600

Top federal bracket: 37% on income over $609,350

Medicare surtax: +0.9% on income over $200,000

How Your Salary Gets Taxed

Your take-home pay is your gross salary minus federal income tax, state income tax, Social Security (6.2%), and Medicare (1.45%). The US uses a progressive tax system, meaning different portions of your income are taxed at different rates — only the income within each bracket is taxed at that bracket's rate.

For example, a single filer earning $75,000 in 2024 doesn't pay 22% on the entire amount. They pay 10% on the first $11,600, 12% on income from $11,601 to $47,150, and 22% on income from $47,151 to $75,000. The effective federal tax rate ends up around 15.2%, much lower than the marginal 22% bracket.

FICA taxes (Social Security + Medicare) are flat rates applied to all earned income. Social Security tax is 6.2% on income up to $168,600 (2024 cap). Medicare is 1.45% on all income, with an additional 0.9% on income over $200,000. These are deducted separately from income tax.

Understanding Tax Brackets vs. Effective Rate

Your marginal tax rate is the rate on your last dollar of income — the bracket you fall into. Your effective tax rate is the average rate across all your income, and it's always lower than your marginal rate because of how progressive brackets work.

This distinction matters when evaluating raises and deductions. A raise that pushes you into the 24% bracket doesn't mean all your income is taxed at 24% — only the amount above the bracket threshold. You always take home more money with a higher salary.

State Income Tax Comparison

Nine states have no income tax: Alaska, Florida, Nevada, New Hampshire (dividends/interest only), South Dakota, Tennessee, Texas, Washington, and Wyoming. This means the same $80,000 salary gives you significantly different take-home pay depending on where you live.

States with the highest income tax rates include California (up to 13.3%), Hawaii (up to 11%), New Jersey (up to 10.75%), Oregon (up to 9.9%), and Minnesota (up to 9.85%). However, states without income tax may have higher property taxes or sales taxes to compensate.