CalcHub

Pay Raise Calculator — See Your Real Take-Home Increase [2026]

Enter your salary and raise %, get the after-tax take-home increase per paycheck. Includes federal tax, Social Security & Medicare. Free, no signup needed.

Raise Breakdown

Current Salary
$60,000
$5,000/mo | $28.85/hr
New Salary
$63,000
$5,250/mo | $30.29/hr
Gross Raise (Annual)
+$3,000
After-Tax Raise (Annual)
+$2,051
Marginal rate: 31.6%
Monthly Take-Home Increase
+$171

Tax Deductions on Raise

Federal Income Tax (24%)-$720
Social Security (6.2%)-$186
Medicare (1.45%)-$44

What is Pay Raise Calculator?

The Pay Raise Calculator helps you understand the real impact of a salary increase by factoring in taxes. A 10% raise doesn't mean 10% more take-home pay — your marginal tax rate takes a significant portion. This calculator shows exactly how much more you'll actually receive in each paycheck after federal income tax, state tax, Social Security, and Medicare deductions.

How to Use Pay Raise Calculator

Enter your current annual salary, the raise percentage you're receiving (or considering), and your marginal tax bracket. The calculator shows your new gross salary, estimated new net salary, and the actual monthly increase in take-home pay after federal and state taxes.

How Pay Raise Calculator Works

The calculator computes your new gross salary by applying the raise percentage. It then estimates taxes using the selected marginal tax bracket for federal income tax, plus standard FICA deductions (Social Security at 6.2% and Medicare at 1.45%). The raise amount is taxed at your marginal rate since it sits on top of your existing income. The difference between old and new net pay gives your actual monthly increase.

Common Use Cases

  • Understanding the true value of a job offer with a higher salary
  • Comparing the impact of different raise percentages on take-home pay
  • Budgeting for lifestyle changes based on actual increased income
  • Evaluating whether a raise justifies additional responsibilities
  • Negotiating salary by understanding your after-tax position

Frequently Asked Questions

Why is my take-home increase less than the raise percentage?▼

Because your raise is taxed at your marginal tax rate. For example, if you're in the 24% federal bracket, a $5,000 raise results in roughly $3,800 before state taxes, Social Security, and Medicare — not the full $5,000.

What tax brackets are used in this calculator?▼

The calculator uses approximate 2025/2026 US federal income tax brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. It also includes Social Security (6.2%) and Medicare (1.45%) taxes.

Does this calculator include state taxes?▼

The calculator focuses on federal taxes and FICA. State income taxes vary widely (0% in states like Texas and Florida, up to 13.3% in California). You can mentally adjust the results for your state tax rate.

Is a percentage raise or flat dollar raise better?▼

A percentage raise is generally better for higher earners (e.g., 5% of $100K = $5K), while a flat dollar raise may be better for lower earners. This calculator helps you see the actual dollar impact either way.

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