Salary Raise Calculator

How much of my raise will I actually take home?

Your marginal tax rate determines how much of the raise you keep. If you are in the 22% federal bracket plus 5% state tax, roughly 73% of the raise reaches your bank account. A $5,000 raise becomes about $3,650 in net pay, or approximately $140 extra per biweekly paycheck. The calculator estimates this based on your tax bracket.