Net Hourly Pay Calculation:
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Net hourly pay represents the actual amount you earn per hour after all deductions (taxes, FICA, etc.) have been subtracted from your gross pay. This is your take-home pay per hour worked.
The calculator uses the following formula:
Where:
Details: California has progressive state income tax rates ranging from 1% to 13.3%. This calculator allows you to input your estimated California state tax amount for more accurate results.
Tips: Enter your annual gross pay, estimated tax amounts, and typical weekly hours. For most accurate results, use actual tax withholding amounts from your pay stubs.
Q1: How do I find my tax amounts?
A: Check your pay stubs for year-to-date tax withholdings and annualize them, or use a tax estimator.
Q2: What's included in FICA?
A: FICA includes Social Security (6.2%) and Medicare (1.45%) taxes, totaling 7.65% of gross pay.
Q3: Should I include overtime hours?
A: Only include regular hours for consistent results. Overtime pay varies and may have different tax implications.
Q4: How does this differ from gross hourly?
A: Gross hourly is before deductions, while net hourly is your actual take-home pay per hour.
Q5: Why multiply by 52 weeks?
A: This converts weekly hours to annual hours, as the other inputs are annual amounts.