How a Salary Raise Affects Your Take-Home Pay
When you get a raise, you won't see the full amount in your paycheck because federal income tax, Social Security, and Medicare all increase proportionally. This calculator uses 2024 US federal tax brackets (single filer) and FICA rates to show exactly how much more you'll actually receive each month.
For example, if your salary rises from $60,000 to $65,000, your monthly gross increases by about $417, but after taxes and FICA the actual take-home increase is typically $280–$320 per month.
Frequently Asked Questions
No, this calculator only includes federal income tax and FICA (Social Security + Medicare). State income tax rates vary widely by state and are not included. Add your state rate manually for a more precise estimate.
In 2024, Social Security tax (6.2%) only applies to the first $168,600 of wages. Income above this threshold is not subject to Social Security tax, though Medicare (1.45%) has no cap.