Calculate your net income in the Sunshine State. 0% State Income Tax
Hourly
Annual Salary
Single
Married Filing Jointly
Estimated Paycheck Breakdown
Gross Annual Income:
Federal Income Tax (Est):
Social Security (6.2%):
Medicare (1.45%):
Florida State Income Tax:$0.00 (No Tax)
Annual Net Take-Home:
Monthly Take-Home:
Understanding Florida Payroll and Wages
Florida is one of the most tax-friendly states in the U.S. for workers. Because Florida does not collect a state individual income tax, your take-home pay is significantly higher than in states like New York or California. This calculator helps you determine exactly what your paycheck will look like after federal deductions.
Florida Minimum Wage Schedule
Florida has a constitutional amendment that increases the minimum wage annually on September 30th. For 2024, the minimum wage is currently $12.00 per hour, increasing to $13.00 per hour on September 30, 2024. For tipped employees, the direct wage is $8.98 per hour (plus tips).
Major Deductions in Florida
Federal Income Tax: This is progressive. The more you earn, the higher the percentage taken.
FICA (Social Security & Medicare): A combined 7.65% is deducted from most employees' paychecks up to the annual wage limit.
Florida State Tax: $0. Florida remains one of 9 states with no state income tax.
Example Calculation: $50,000 Salary
If you earn a $50,000 annual salary in Florida as a single filer:
Gross Monthly: $4,166.67
Federal Tax: ~$4,100 annually (est.)
FICA: $3,825 annually
State Tax: $0
Net Take-Home: ~$42,075 per year, or ~$3,506 per month.
How to Use This Calculator
To get an accurate estimate, enter your hourly rate or total annual salary. Ensure your hours per week are correct (standard is 40). Select your filing status, as this determines your federal tax bracket. This calculator assumes standard deductions and does not account for 401k contributions or health insurance premiums, which are deducted pre-tax.