Calculate your estimated net pay based on your hourly wage and hours worked, after standard deductions.
Enter your gross pay per hour.
Total hours you typically work in a week.
Include federal, state, and local taxes you estimate are withheld.
e.g., retirement contributions, health insurance premiums, etc.
Your Estimated Net Weekly Pay:
$0.00
Understanding Your Hourly Paycheck Calculation
This calculator helps you estimate your take-home pay (net pay) based on your hourly wage, the number of hours you work, your estimated tax rate, and any other regular deductions. It's a valuable tool for personal budgeting and financial planning.
How It Works: The Calculation Breakdown
The calculation follows these steps:
Gross Weekly Pay: This is your total earnings before any deductions. It's calculated by multiplying your hourly rate by the total number of hours you worked in a week.
Gross Weekly Pay = Hourly Rate × Hours Worked Per Week
Total Tax Amount: This is the estimated amount of money that will be withheld from your paycheck for taxes. It's calculated as a percentage of your gross weekly pay.
Total Tax Amount = Gross Weekly Pay × (Estimated Tax Rate / 100)
Total Deductions: This includes the calculated tax amount plus any other fixed deductions you have each week (like health insurance premiums or retirement contributions).
Total Deductions = Total Tax Amount + Other Weekly Deductions
Net Weekly Pay: This is your final take-home pay after all taxes and other deductions have been subtracted from your gross pay.
Net Weekly Pay = Gross Weekly Pay - Total Deductions
Why Use an Hourly Paycheck Calculator?
Budgeting: Knowing your estimated net pay allows for more accurate budgeting, ensuring you don't overspend.
Financial Planning: Helps in setting financial goals, such as saving for a down payment, paying off debt, or investing.
Understanding Pay Stubs: Provides a clearer picture of how deductions affect your actual earnings compared to your gross pay.
Estimating Income Fluctuations: Useful for individuals whose hours may vary week to week, allowing them to project income under different work scenarios.
Important Considerations:
This calculator provides an estimate. Your actual paycheck may vary due to:
Fluctuations in your tax bracket or changes in tax laws.
Variable hours worked each week.
Additional deductions or one-time withholdings.
Overtime pay rates, which are typically higher.
Bonuses or commissions.
Always refer to your official pay stub for the exact figures. The tax rate is a crucial input; it's recommended to use a conservative estimate based on your knowledge of your withholdings or consult a tax professional for precision.
function calculatePaycheck() {
var hourlyRate = parseFloat(document.getElementById("hourlyRate").value);
var hoursWorked = parseFloat(document.getElementById("hoursWorked").value);
var taxRate = parseFloat(document.getElementById("taxRate").value);
var otherDeductions = parseFloat(document.getElementById("otherDeductions").value);
var netPayResultElement = document.getElementById("netPayResult");
// Clear previous results and error messages
netPayResultElement.textContent = "$0.00";
// Input validation
if (isNaN(hourlyRate) || hourlyRate < 0) {
alert("Please enter a valid positive number for Hourly Rate.");
return;
}
if (isNaN(hoursWorked) || hoursWorked < 0) {
alert("Please enter a valid positive number for Hours Worked Per Week.");
return;
}
if (isNaN(taxRate) || taxRate 100) {
alert("Please enter a valid tax rate between 0 and 100.");
return;
}
if (isNaN(otherDeductions) || otherDeductions < 0) {
alert("Please enter a valid non-negative number for Other Weekly Deductions.");
return;
}
// Calculations
var grossWeeklyPay = hourlyRate * hoursWorked;
var taxAmount = grossWeeklyPay * (taxRate / 100);
var totalDeductions = taxAmount + otherDeductions;
var netWeeklyPay = grossWeeklyPay – totalDeductions;
// Ensure net pay is not negative
if (netWeeklyPay < 0) {
netWeeklyPay = 0;
}
// Format and display result
netPayResultElement.textContent = "$" + netWeeklyPay.toFixed(2);
}