ADP Hourly Paycheck Calculator
Use this calculator to estimate your net hourly paycheck after various deductions and taxes. This tool helps you understand how your gross hourly wage translates into your take-home pay for a single pay period.
Deductions & Taxes (as a percentage of taxable gross, or flat amount)
Your Estimated Paycheck Details:
'; resultsHtml += 'Gross Pay: $' + grossPay.toFixed(2) + "; resultsHtml += 'Regular Pay: $' + regularPay.toFixed(2) + "; resultsHtml += 'Overtime Pay: $' + overtimePay.toFixed(2) + "; resultsHtml += 'Pre-tax Deductions: -$' + preTaxDeductions.toFixed(2) + "; resultsHtml += 'Taxable Gross: $' + taxableGross.toFixed(2) + "; resultsHtml += 'Taxes Withheld:
'; resultsHtml += 'Federal Income Tax: -$' + federalIncomeTax.toFixed(2) + "; resultsHtml += 'State Income Tax: -$' + stateIncomeTax.toFixed(2) + "; resultsHtml += 'Local Income Tax: -$' + localIncomeTax.toFixed(2) + "; resultsHtml += 'Social Security Tax: -$' + socialSecurityTax.toFixed(2) + "; resultsHtml += 'Medicare Tax: -$' + medicareTax.toFixed(2) + "; resultsHtml += 'Total Taxes: -$' + totalTaxes.toFixed(2) + "; resultsHtml += 'Post-tax Deductions: -$' + postTaxDeductions.toFixed(2) + "; resultsHtml += 'Estimated Net Pay: $' + netPay.toFixed(2) + '
'; document.getElementById('result').innerHTML = resultsHtml; }Understanding Your Hourly Paycheck
An hourly paycheck calculator helps you break down your earnings for a specific pay period, showing you exactly how much of your gross pay you get to take home after all deductions and taxes. Understanding these components is crucial for personal financial planning.
Key Components of Your Paycheck:
- Hourly Wage: This is your base rate of pay per hour.
- Standard Hours Worked: The number of regular hours you worked in the pay period.
- Overtime Hours & Multiplier: If you work more than your standard hours (e.g., 40 hours in a week), you might earn overtime pay, typically at 1.5 times (time and a half) or even 2 times your regular hourly wage.
- Gross Pay: This is your total earnings before any deductions or taxes are taken out. It's calculated as (Hourly Wage × Standard Hours) + (Hourly Wage × Overtime Hours × Overtime Multiplier).
- Pre-tax Deductions: These are amounts subtracted from your gross pay before taxes are calculated. Common examples include contributions to a 401(k) or other retirement plans, health insurance premiums, and Flexible Spending Account (FSA) contributions. These deductions reduce your taxable income.
- Taxable Gross: This is your gross pay minus any pre-tax deductions. Your income taxes are calculated based on this amount.
- Taxes Withheld:
- Federal Income Tax: This is money paid to the U.S. government based on your income, filing status, and W-4 elections.
- State Income Tax: Many states also levy an income tax, which varies by state and income level.
- Local Income Tax: Some cities or counties may also have their own income taxes.
- Social Security Tax (FICA): A federal tax that funds retirement, disability, and survivor benefits. The current rate is 6.2% of your taxable gross pay, up to an annual wage base limit.
- Medicare Tax (FICA): Another federal tax that funds health insurance for the elderly and disabled. The current rate is 1.45% of your taxable gross pay, with no wage base limit.
- Post-tax Deductions: These are amounts subtracted from your pay after all taxes have been calculated and withheld. Examples include union dues, garnishments, charitable contributions, or certain types of insurance premiums.
- Net Pay (Take-Home Pay): This is the final amount of money you receive after all deductions and taxes have been subtracted from your gross pay.
Example Calculation:
Let's use the default values in the calculator:
- Hourly Wage: $25.00
- Standard Hours: 80
- Overtime Hours: 10
- Overtime Multiplier: 1.5
- Federal Tax Rate: 12%
- State Tax Rate: 4%
- Local Tax Rate: 1%
- Pre-tax Deductions: $150.00
- Post-tax Deductions: $25.00
1. Gross Pay:
Regular Pay = $25.00/hour * 80 hours = $2,000.00
Overtime Pay = $25.00/hour * 10 hours * 1.5 = $375.00
Total Gross Pay = $2,000.00 + $375.00 = $2,375.00
2. Taxable Gross:
Taxable Gross = $2,375.00 (Gross Pay) – $150.00 (Pre-tax Deductions) = $2,225.00
3. Taxes Withheld:
Federal Income Tax = $2,225.00 * 12% = $267.00
State Income Tax = $2,225.00 * 4% = $89.00
Local Income Tax = $2,225.00 * 1% = $22.25
Social Security Tax = $2,225.00 * 6.2% = $137.95
Medicare Tax = $2,225.00 * 1.45% = $32.26
Total Taxes = $267.00 + $89.00 + $22.25 + $137.95 + $32.26 = $548.46
4. Net Pay:
Net Pay = $2,375.00 (Gross Pay) – $150.00 (Pre-tax Deductions) – $548.46 (Total Taxes) – $25.00 (Post-tax Deductions) = $1,651.54
This calculator provides an estimate. Your actual paycheck may vary based on specific state and local tax laws, additional deductions, and annual tax limits (like the Social Security wage base).