Salary Calculator
Convert any pay rate into hourly, daily, weekly, bi-weekly, monthly, and annual figures, plus an estimated take-home pay.
Your salary breakdown
Annual salary (pre-tax)
$60,000
Monthly
$5,000
Bi-weekly
$2,308
Weekly
$1,154
Daily (5d week)
$231
Hourly
$28.85
Estimated take-home pay
Annual
$42,210
Monthly
$3,518
Based on a combined 29.65% rate (22% federal effective + 7.65% FICA). Rough estimate; actual taxes depend on state and deductions.
Frequently Asked Questions about the Salary Calculator
How does this convert between pay frequencies?
Whatever you enter is first annualized using hours per week and weeks per year, then divided back out into hourly, daily, weekly, biweekly, and monthly. Default is 40 hours x 52 weeks = 2,080 hours.
What tax rate is used for take-home pay?
A flat 29.65% combined: 22% federal effective rate (a middle-class assumption) plus 7.65% FICA (Social Security 6.2% + Medicare 1.45%). State tax is not included, so high-tax states will see lower take-home.
Can you give an example?
Enter $75,000 annual and the calculator returns about $36.06 per hour, $1,442 weekly, $6,250 monthly, and roughly $52,800 take-home for the year (about $4,400 per month after federal income tax and FICA).
Are biweekly and semi-monthly the same?
No. Biweekly is every two weeks, 26 paychecks per year. Semi-monthly is twice a month, 24 paychecks per year. Most US employers run biweekly payroll. This calculator uses the biweekly convention.
What is a common pitfall?
Treating gross like spendable income. After federal income tax, FICA, state tax (where applicable), health insurance, and 401(k), most US workers see 60-75% of gross. Always budget against take-home, not the offer letter.