Net Pay Calculator
Per pay period.
Estimated Net Pay
$2,791.13
Paycheck Breakdown
| Gross Pay | $3,500.00 |
| Federal Income Tax Withholding | −$441.12 |
| Social Security Tax (6.2%) | −$217.00 |
| Medicare Tax (1.45%) | −$50.75 |
| Net (Take-Home) Pay | $2,791.13 |
Annualized: gross pay of $91,000, net pay of approximately $72,569 per year (26 pay periods).
"Net pay" is the number that actually matters for budgeting — what hits your bank account after every tax and deduction is taken out. This net pay calculator takes your gross pay and works through each deduction to land on that final take-home figure.
Gross Pay vs. Net Pay
Gross pay is your salary or wages before anything is withheld. Net pay — also called take-home pay — is what's left after federal income tax, Social Security (6.2%), Medicare (1.45%), any state income tax, and pre-tax benefit deductions are subtracted. For most W-2 employees, net pay is meaningfully lower than gross pay, often by 20-35% depending on income and location.
The Role of Pre-Tax Deductions
Contributions to a traditional 401(k), HSA, or certain other benefits are deducted from your pay before taxes are calculated. That means increasing these contributions lowers your net pay by less than the full contribution amount, because it also reduces the income subject to federal (and state) tax. The calculator reflects this by subtracting pre-tax deductions before estimating withholding.
Per-Period vs. Annual Net Pay
The calculator shows your net pay for the pay period you select (weekly, bi-weekly, semi-monthly, monthly, or annual), and also displays an annualized figure so you can compare across different pay schedules — useful when comparing job offers with different pay frequencies.
Want the Full Breakdown?
This page focuses on the bottom-line net pay number. For a complete line-by-line breakdown of every deduction with adjustable withholding inputs, see our full paycheck calculator, or the tax withholding calculator if you want to focus specifically on the withholding portion.