Calculator › Raise calculator
Enter your salary and a raise to see how much more you take home each year, month and paycheck.
Rules reviewed November 2026.
It computes your tax on your current salary and on your new salary, then shows the difference in take-home pay. Choose percent or dollars for the raise. The result uses 2026 federal rules, FICA and your state's tax rules.
A raise is taxed at your top federal bracket, plus 7.65% for Social Security and Medicare, plus state tax where it applies. For a $60,000 salary, a 5% raise ($3,000) adds about $2,411 a year in Texas and about $2,192 in California.
People worry that a raise will push them into a bracket where they take home less. That does not happen: only the income above a bracket threshold is taxed at the higher rate. See how much of a raise you keep.
It depends on your bracket and state. At moderate incomes in a state without income tax you keep about 70 to 80 cents on the dollar; with state income tax it is lower.
Putting part of a raise into a traditional 401(k) lowers your taxable income and builds retirement savings. Check your plan limits and employer match.
It may, but only the portion of income above the threshold is taxed at the higher rate.