Paycheckcity Calculator Hourly

Hourly Paycheck Calculator

Use this calculator to estimate your net pay per pay period based on your hourly wage, hours worked, and common deductions. This tool provides a simplified estimate of federal, state, and FICA taxes, along with pre-tax deductions like 401(k) and health insurance.

Weekly (52 pay periods) Bi-weekly (26 pay periods) Semi-monthly (24 pay periods) Monthly (12 pay periods)

Tax Information (Simplified)

Note: Tax calculations are simplified estimates and do not account for all specific tax laws, credits, or deductions.

Single Married Filing Jointly

Pre-Tax Deductions (Per Pay Period)

function calculatePaycheck() { var hourlyWage = parseFloat(document.getElementById("hourlyWage").value); var hoursPerWeek = parseFloat(document.getElementById("hoursPerWeek").value); var payFrequency = document.getElementById("payFrequency").value; var federalFilingStatus = document.getElementById("federalFilingStatus").value; var federalAllowances = parseInt(document.getElementById("federalAllowances").value); var stateTaxRate = parseFloat(document.getElementById("stateTaxRate").value); var healthInsurancePremium = parseFloat(document.getElementById("healthInsurancePremium").value); var retirementContributionPct = parseFloat(document.getElementById("retirementContribution").value); // Input validation if (isNaN(hourlyWage) || hourlyWage < 0 || isNaN(hoursPerWeek) || hoursPerWeek < 0 || isNaN(federalAllowances) || federalAllowances < 0 || isNaN(stateTaxRate) || stateTaxRate < 0 || isNaN(healthInsurancePremium) || healthInsurancePremium < 0 || isNaN(retirementContributionPct) || retirementContributionPct < 0) { document.getElementById("paycheckResult").innerHTML = "Please enter valid positive numbers for all fields."; return; } var payPeriodsPerYear; switch (payFrequency) { case "weekly": payPeriodsPerYear = 52; break; case "biweekly": payPeriodsPerYear = 26; break; case "semimonthly": payPeriodsPerYear = 24; break; case "monthly": payPeriodsPerYear = 12; break; default: payPeriodsPerYear = 26; // Default to bi-weekly } var grossPayPerPeriod = hourlyWage * hoursPerWeek * (52 / payPeriodsPerYear); var annualGrossPay = grossPayPerPeriod * payPeriodsPerYear; // Pre-tax deductions var retirementContributionAmount = annualGrossPay * (retirementContributionPct / 100); var annualHealthInsurancePremium = healthInsurancePremium * payPeriodsPerYear; var totalAnnualPreTaxDeductions = retirementContributionAmount + annualHealthInsurancePremium; var preTaxDeductionsPerPeriod = totalAnnualPreTaxDeductions / payPeriodsPerYear; // FICA Taxes (Social Security & Medicare) var socialSecurityRate = 0.062; var medicareRate = 0.0145; var socialSecurityLimit = 168600; // 2024 limit var annualSocialSecurityTaxable = Math.min(annualGrossPay, socialSecurityLimit); var annualSocialSecurityTax = annualSocialSecurityTaxable * socialSecurityRate; var annualMedicareTax = annualGrossPay * medicareRate; var ficaTaxPerPeriod = (annualSocialSecurityTax + annualMedicareTax) / payPeriodsPerYear; // Federal Income Tax (Simplified Model – NOT actual IRS tables) // This is a highly simplified progressive tax model for demonstration. // It does not account for actual withholding methods, standard deductions, or credits accurately. var annualTaxableIncomeFederal = annualGrossPay – totalAnnualPreTaxDeductions; // Simplified standard deduction and allowance value for federal tax calculation var federalStandardDeduction; var allowanceValue = 5000; // A simplified value per allowance if (federalFilingStatus === "single") { federalStandardDeduction = 13850; // 2023/2024 approximate } else { // married federalStandardDeduction = 27700; // 2023/2024 approximate } var federalTaxableIncomeAfterDeductions = annualTaxableIncomeFederal – federalStandardDeduction – (federalAllowances * allowanceValue); if (federalTaxableIncomeAfterDeductions < 0) { federalTaxableIncomeAfterDeductions = 0; } var annualFederalTax = 0; // Simplified Federal Tax Brackets (for Single filer, 2024-ish, highly simplified) // This is a very rough approximation. if (federalTaxableIncomeAfterDeductions <= 11600) { // Effectively 0% due to standard deduction annualFederalTax = 0; } else if (federalTaxableIncomeAfterDeductions <= 20000) { annualFederalTax = (federalTaxableIncomeAfterDeductions – 11600) * 0.10; } else if (federalTaxableIncomeAfterDeductions <= 50000) { annualFederalTax = (8400 * 0.10) + (federalTaxableIncomeAfterDeductions – 20000) * 0.12; } else if (federalTaxableIncomeAfterDeductions <= 100000) { annualFederalTax = (8400 * 0.10) + (30000 * 0.12) + (federalTaxableIncomeAfterDeductions – 50000) * 0.22; } else { annualFederalTax = (8400 * 0.10) + (30000 * 0.12) + (50000 * 0.22) + (federalTaxableIncomeAfterDeductions – 100000) * 0.24; } var federalTaxPerPeriod = annualFederalTax / payPeriodsPerYear; if (federalTaxPerPeriod < 0) federalTaxPerPeriod = 0; // Ensure tax isn't negative // State Income Tax (Simplified Flat Rate) var annualStateTaxableIncome = annualGrossPay – totalAnnualPreTaxDeductions; // Often state taxes also consider pre-tax deductions var annualStateTax = annualStateTaxableIncome * (stateTaxRate / 100); var stateTaxPerPeriod = annualStateTax / payPeriodsPerYear; if (stateTaxPerPeriod < 0) stateTaxPerPeriod = 0; // Ensure tax isn't negative // Total Deductions var totalDeductionsPerPeriod = ficaTaxPerPeriod + federalTaxPerPeriod + stateTaxPerPeriod + preTaxDeductionsPerPeriod; // Net Pay var netPayPerPeriod = grossPayPerPeriod – totalDeductionsPerPeriod; // Display Results var resultHtml = "

Estimated Paycheck Details Per Pay Period

"; resultHtml += "Gross Pay: $" + grossPayPerPeriod.toFixed(2) + ""; resultHtml += "Pre-Tax Deductions: $" + preTaxDeductionsPerPeriod.toFixed(2) + ""; resultHtml += "Federal Income Tax: $" + federalTaxPerPeriod.toFixed(2) + ""; resultHtml += "State Income Tax: $" + stateTaxPerPeriod.toFixed(2) + ""; resultHtml += "FICA Taxes (Social Security & Medicare): $" + ficaTaxPerPeriod.toFixed(2) + ""; resultHtml += "Net Pay: $" + netPayPerPeriod.toFixed(2) + ""; document.getElementById("paycheckResult").innerHTML = resultHtml; } .calculator-container { font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif; background-color: #f9f9f9; padding: 25px; border-radius: 10px; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.1); max-width: 600px; margin: 20px auto; border: 1px solid #e0e0e0; } .calculator-container h2 { color: #2c3e50; text-align: center; margin-bottom: 20px; font-size: 1.8em; } .calculator-container h3 { color: #34495e; margin-top: 25px; margin-bottom: 15px; font-size: 1.3em; border-bottom: 1px solid #eee; padding-bottom: 5px; } .calculator-container p { color: #555; line-height: 1.6; margin-bottom: 10px; } .calc-input-group { margin-bottom: 15px; display: flex; flex-direction: column; } .calc-input-group label { margin-bottom: 7px; color: #333; font-weight: bold; font-size: 0.95em; } .calc-input-group input[type="number"], .calc-input-group select { padding: 10px 12px; border: 1px solid #ccc; border-radius: 5px; font-size: 1em; width: 100%; box-sizing: border-box; transition: border-color 0.3s ease; } .calc-input-group input[type="number"]:focus, .calc-input-group select:focus { border-color: #007bff; outline: none; box-shadow: 0 0 5px rgba(0, 123, 255, 0.2); } .calculate-button { background-color: #007bff; color: white; padding: 12px 25px; border: none; border-radius: 5px; font-size: 1.1em; cursor: pointer; transition: background-color 0.3s ease, transform 0.2s ease; width: 100%; box-sizing: border-box; margin-top: 20px; } .calculate-button:hover { background-color: #0056b3; transform: translateY(-2px); } .calculator-result { margin-top: 30px; padding: 20px; background-color: #e9f7ef; border: 1px solid #d4edda; border-radius: 8px; font-size: 1.1em; color: #155724; } .calculator-result p { margin-bottom: 8px; display: flex; justify-content: space-between; padding-bottom: 3px; border-bottom: 1px dashed #c3e6cb; } .calculator-result p:last-child { border-bottom: none; margin-bottom: 0; } .calculator-result .highlight { font-size: 1.3em; font-weight: bold; color: #007bff; margin-top: 15px; padding-top: 10px; border-top: 2px solid #007bff; } .calculator-result .error { color: #dc3545; font-weight: bold; text-align: center; }

Understanding Your Hourly Paycheck: A Comprehensive Guide

For many hourly employees, understanding how their gross earnings translate into the final net pay deposited into their bank account can be a complex task. Various deductions, both mandatory and voluntary, chip away at your gross wages. This guide, along with our Hourly Paycheck Calculator, aims to demystify the process, helping you better understand each line item on your pay stub.

What is Gross Pay?

Gross pay is the total amount of money you earn before any deductions are taken out. For hourly employees, this is typically calculated by multiplying your hourly wage by the number of hours you worked during a pay period. If you work overtime, your gross pay will also include your overtime earnings, usually calculated at 1.5 times your regular hourly rate for hours worked beyond 40 in a workweek.

Example: If you earn $25 per hour and work 40 hours in a week, your weekly gross pay is $25 * 40 = $1,000.

Mandatory Deductions

These are deductions required by law and include federal income tax, state income tax (in most states), and FICA taxes (Social Security and Medicare).

1. Federal Income Tax

This is a tax levied by the U.S. government on your earnings. The amount withheld from your paycheck depends on several factors, including your gross pay, filing status (e.g., Single, Married Filing Jointly), and the number of allowances you claim on your W-4 form. The more allowances you claim, the less tax is withheld, but you risk owing more at tax time if you under-withhold.

Our calculator uses a simplified progressive tax model to estimate this, but actual withholding is based on IRS tax tables and your specific W-4 elections.

2. State Income Tax

Similar to federal income tax, many states also levy an income tax. The rates and rules vary significantly from state to state. Some states have flat tax rates, while others use progressive systems. A few states have no state income tax at all. Our calculator uses a generic flat rate for estimation purposes.

3. FICA Taxes (Social Security and Medicare)

The Federal Insurance Contributions Act (FICA) funds Social Security and Medicare programs. These are mandatory contributions:

• Social Security: As of 2024, the employee contribution rate is 6.2% of your gross wages, up to an annual wage base limit ($168,600 for 2024). Once you earn above this limit, you no longer pay Social Security tax for the remainder of the year.
• Medicare: The employee contribution rate is 1.45% of all your gross wages, with no wage base limit.

Your employer also pays an equal amount for both Social Security and Medicare taxes on your behalf.

Pre-Tax Deductions

These are voluntary deductions that are taken out of your gross pay *before* taxes are calculated. This means they reduce your taxable income, potentially lowering your federal and state income tax liability.

• Health Insurance Premiums: If you contribute to your employer-sponsored health, dental, or vision insurance, these premiums are typically deducted pre-tax.
• 401(k) or 403(b) Contributions: Contributions to traditional retirement accounts are usually pre-tax, allowing your money to grow tax-deferred until retirement.
• Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs): Contributions to these accounts for healthcare or dependent care expenses are also pre-tax.

Example: If your gross pay is $1,000 and you contribute $50 to your 401(k) and $25 for health insurance (both pre-tax), your taxable income for federal and state taxes would be $1,000 – $50 – $25 = $925.

Post-Tax Deductions

These are deductions taken out of your pay *after* taxes have been calculated. They do not reduce your taxable income.

• Roth 401(k) Contributions: Unlike traditional 401(k)s, Roth contributions are made with after-tax dollars, meaning qualified withdrawals in retirement are tax-free.
• Union Dues: If you are part of a union, your dues are typically a post-tax deduction.
• Garnishments: Court-ordered deductions for child support, alimony, or unpaid debts are post-tax.

Calculating Net Pay

Your net pay, often referred to as your "take-home pay," is what's left after all mandatory and voluntary deductions have been subtracted from your gross pay.

Net Pay = Gross Pay - (Federal Tax + State Tax + FICA Taxes + Pre-Tax Deductions + Post-Tax Deductions)

Using the Hourly Paycheck Calculator

Our calculator simplifies this process by allowing you to input your hourly wage, hours worked, pay frequency, and common deduction amounts. It then provides an estimate of your gross pay, various tax withholdings, pre-tax deductions, and ultimately, your net pay per pay period.

Remember that this calculator provides an estimate. Actual paycheck amounts can vary based on specific state and local tax laws, additional deductions, and the exact withholding methods used by your employer's payroll system. For precise figures, always refer to your official pay stub or consult with a tax professional.