1. What is Net Hourly Pay?

Net hourly pay is the amount you actually 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.

2. How the Calculator Works

The calculator uses the following formula:

Where:

• Gross Pay — Your total annual salary before any deductions
• Federal Tax — Estimated annual federal income tax
• NC State Tax — 4.75% of gross pay (North Carolina flat rate)
• FICA — Social Security and Medicare taxes (7.65% of gross pay typically)
• Hours per Week — Your average weekly working hours
• 52 — Weeks in a year

3. North Carolina Tax Information

North Carolina has a flat state income tax rate of 4.75% as of 2023. This calculator automatically calculates your NC state tax based on your gross pay.

4. Using the Calculator

Instructions: Enter your annual gross pay, estimated federal tax, FICA amount, and typical hours worked per week. The calculator will determine your net hourly wage after all deductions.

5. Frequently Asked Questions (FAQ)

Q1: Why is my net pay lower than my gross pay?
A: Net pay is after all deductions including federal/state taxes and FICA (Social Security and Medicare).

Q2: Is North Carolina state tax really flat?
A: Yes, NC has a flat 4.75% income tax rate regardless of income level.

Q3: What's included in FICA?
A: FICA includes Social Security (6.2%) and Medicare (1.45%) taxes.

Q4: Should I include bonuses in gross pay?
A: Yes, include all taxable compensation in your gross pay amount.

Q5: How accurate is this calculator?
A: It provides a good estimate but actual take-home pay may vary based on additional factors like retirement contributions or other deductions.