US Salary & Pay Calculators 2026

The federal minimum wage remains $7.25/hour as of 2026 (unchanged since 2009). However, most states have higher minimum wages — California is $16.50/hour, New York is $16/hour. Many cities have even higher local minimums. Always check your state and local rates.

The automatic deductions from most US paychecks include: federal income tax withholding (variable based on W-4 and income), Social Security tax (6.2% up to $176,100 wage base for 2026), Medicare tax (1.45% on all wages, plus 0.9% above $200k for single filers), and state income tax (if applicable). Total effective deductions for a median earner are typically 20–30% of gross pay.

Under the Federal Labor Standards Act (FLSA), non-exempt employees earn 1.5× their regular hourly rate for all hours worked beyond 40 in a workweek. For example, if your regular rate is $20/hour, your overtime rate is $30/hour. Some states (like California) also require daily overtime for hours beyond 8 in a day.

Gross pay is your total earnings before any deductions. Net pay (take-home pay) is what you receive after federal and state income tax withholding, FICA taxes (Social Security + Medicare), and any voluntary pre-tax deductions like 401(k) contributions, health insurance premiums and FSA/HSA contributions.

For a standard 40-hour workweek with 52 weeks worked: Annual salary = hourly rate × 40 × 52 = hourly rate × 2,080. If you take 2 weeks of unpaid vacation, use 2,000 hours instead. Our hourly to salary calculator also shows monthly, bi-weekly and weekly equivalents.