Take-Home Pay Calculator

What is take-home pay?

Take-home pay (net pay) is the amount you receive after taxes and deductions are withheld from your gross salary. Deductions can include federal and state income tax, Social Security and Medicare (USA), health insurance, retirement contributions, and other voluntary deductions. This calculator gives an estimate based on a single effective tax rate and optional deductions.

Enter your gross annual salary, an estimated overall tax rate (you can use your marginal or effective rate from the prior year), and any annual deductions. The result is your estimated net annual income and monthly take-home pay. For more accurate results, use official tax tables or a detailed tax calculator for your country.

What affects take-home pay?

• Tax brackets and filing status: Single, married, head of household have different brackets.
• Pre-tax deductions: 401(k), HSA, and similar reduce taxable income.
• State and local taxes: These vary by location and can significantly affect net pay.
• Post-tax deductions: Union dues, charitable giving, etc. reduce take-home further.

Using take-home pay for budgeting

Budget and plan using take-home pay, not gross salary, so you do not overcommit. Use this calculator to see how a raise or a change in deductions affects your monthly cash flow. Pair it with our savings and EMI calculators to plan for goals and loans based on real disposable income.