Convert a salary to hourly, weekly, and monthly pay, and estimate your net paycheck using your own deduction rates. Since tax rules vary widely by country and region, this calculator lets you enter the rates that apply to you rather than guessing them.
"Other deductions" can cover social security, health insurance, retirement contributions, or any other withholding as a percent of gross pay.
Enter your gross pay, choose whether it is per year, month, two weeks, week, or hour, and enter your own tax and deduction rates as percentages. The calculator converts your pay to an annual figure, applies the deduction rates, then divides the result by your pay frequency to show what lands in your account each paycheck. It also shows your pay per month and per hour, both before and after deductions, and what share of your gross pay you keep.
The hourly figures use the hours per week you enter, with 52 weeks in a year. At 40 hours a week that is 2,080 working hours, the standard assumption for a full-time job. If you work fewer hours, for example 35 or 37.5 a week, change the field and the hourly rate updates.
Because tax brackets, social contributions, and mandatory benefits differ by country, state, and even employer, this tool intentionally does not assume a specific tax table. If you're unsure what rate to use, check a recent payslip and calculate your effective rate as (total withheld ÷ gross pay) × 100. If you are paid by the hour, start with the Paycheck and Overtime Calculator to work out your gross pay, including overtime, before estimating take-home pay here. The guide to converting hourly pay to a yearly salary with overtime explains the steps with worked examples.
With the default numbers above, a $60,000 gross salary, paid biweekly (26 times a year), an 18% income tax rate, and 5% in other deductions, gross pay per paycheck is $2,307.69. Income tax takes $415.38 and other deductions take $115.38, leaving $1,776.92 in take-home pay per paycheck, or $46,200 for the year. That is $3,850 a month and about $22.21 an hour after deductions, and about 77% of gross pay actually landing in the bank, with the rest going to tax and other withholdings.
Salary conversions are simple division, based on 2,080 hours a year at 40 hours a week:
Going the other way, $15 an hour is $31,200 a year, $20 is $41,600, $25 is $52,000, $30 is $62,400, and $40 is $83,200, all at 2,080 hours. If you work 35 hours a week, a $60,000 salary works out to $32.97 an hour instead, and at 37.5 hours it is $30.77.
Gross pay is what your employer agrees to pay before anything is taken out. Net pay, or take-home pay, is what reaches your bank account after taxes and other deductions. Deductions commonly include income tax, payroll taxes such as Social Security and Medicare in the United States, health insurance premiums, and retirement contributions.
As an illustration only, suppose a $60,000 earner has a 15% effective income tax rate, 7.65% in payroll taxes, and 5% in other deductions. That is 27.65% withheld, leaving $43,410 a year, or $3,617.50 a month, or $1,669.62 per biweekly paycheck. Your own numbers will differ, which is why the calculator lets you enter them.
A raise is taxed at your marginal rate, so you keep less than the headline number. With the default 23% withheld, a 5% raise from $60,000 to $63,000 adds $3,000 in gross pay but about $2,310 in net pay a year. That is $192.50 more a month, or about $88.85 more per biweekly paycheck. Use the calculator to compare the raise at your own rates.
Your annual take-home stays the same, and the frequency only changes how it is divided. Using the $46,200 example: weekly paychecks are $888.46, biweekly are $1,776.92, semi-monthly are $1,925.00, and monthly are $3,850.00. Biweekly pay gives you 26 paychecks, so two months each year contain three checks, which can be a helpful cushion for bills or savings.
Take-home pay is the number to budget with. Enter it in the budget calculator to split it into needs, wants, and savings. Lenders, however, look at gross income. When you check a mortgage, use the House Affordability Calculator and the debt-to-income calculator, which are based on gross pay. To see how saving part of your paycheck grows, try the savings goal calculator.
Why doesn't this calculator ask for my country?
Tax systems change frequently and vary enormously by jurisdiction. Letting you enter your own effective rate keeps the result accurate to your actual situation instead of relying on a generic table that may be outdated or wrong.
What counts as "other deductions"?
Anything withheld from your paycheck besides income tax: retirement plan contributions, health insurance premiums, social security, or union dues, for example.
How do I find my actual effective tax rate?
Take a recent payslip, divide the total tax withheld by your gross pay for that period, and multiply by 100. That percentage is your effective rate for this calculator. It will usually be lower than your top marginal tax bracket, since only part of your income is taxed at the highest rate.
Does this account for pre-tax deductions like a 401(k)?
Not directly. Pre-tax contributions reduce the income your tax is calculated on before withholding happens, which this calculator doesn't model separately. If you contribute pre-tax, your real effective tax rate on gross pay will typically be a bit lower than what a generic percentage suggests.
Why does pay frequency change my per-paycheck number but not my annual total?
Switching frequency only changes how the same annual net pay gets divided up. Weekly paychecks are smaller but more frequent, biweekly ones are larger but less frequent, and so on. Your total take-home pay for the year stays the same regardless of which frequency you pick.
How do I convert an annual salary to an hourly rate?
Divide the annual salary by the number of hours you work in a year. For a standard full-time job that is 40 hours a week times 52 weeks, or 2,080 hours, so $60,000 a year is about $28.85 an hour. In this calculator, enter the salary, set the hours per week, and read the "gross hourly rate" row.
Does the hourly rate include paid time off?
The calculation treats all 52 weeks as paid, which matches most salaried jobs with paid vacation and holidays. If you are paid only for the hours you actually work and take unpaid time off, your real hourly rate for the hours you work would be higher than the figure shown.
What is the difference between gross pay and net pay?
Gross pay is your total earnings before any deductions. Net pay, also called take-home pay, is what remains after taxes and other withholdings. The "take-home as % of gross" row shows the share you keep, for example 77% when 23% is withheld.