Hourly Paycheck Calculator

This Hourly Paycheck Calculator helps users determine their regular pay, overtime pay, gross pay, tax deductions, and net pay based on their hourly rate, hours worked, overtime preferences, and applicable tax rates.

Use Our Hourly Paycheck Calculator

Step-by-Step Guide to Using the Hourly Paycheck Calculator

Input Your Information

Begin by entering the required information in the input fields provided. These inputs will determine your paycheck calculations.

Hourly Rate:

  • Find the field labeled “Hourly Rate”.
  • Enter your hourly wage rate in the input box provided. This value should be a number greater than or equal to 0.01.

Hours Worked Per Week:

  • Find the field labeled “Hours Worked Per Week”.
  • Enter the average number of hours you work per week. Ensure that this amount is between 0 and 168 hours, as this is the maximum number of hours available in a week.

Overtime Rate:

  • Locate the “Overtime Rate” field.
  • Select your overtime rate from the options available. Choose between “Time and a half (1.5x)” and “Double time (2x)”.

Pay Frequency:

  • Find the “Pay Frequency” field.
  • Select how frequently you receive your paycheck. Options include Weekly, Bi-weekly, Semi-monthly, or Monthly.

Federal Tax Rate (%):

  • Go to the field labeled “Federal Tax Rate (%)”.
  • Enter the federal tax rate applicable to your income. This should be a percentage value between 0 and 100.

State Tax Rate (%):

  • Locate the “State Tax Rate (%)” field.
  • Input your state tax rate as a percentage. Ensure this value is between 0 and 100.

Medicare Rate (%):

  • Find the “Medicare Rate (%)” field, typically preset to 1.45%.
  • Adjust if necessary, entering a percentage between 0 and 100.

Social Security Rate (%):

  • Locate the “Social Security Rate (%)” field, usually set at 6.2%.
  • Enter the applicable rate, if different, ensuring it is a value between 0 and 100.

Calculate and View Results

After entering all the necessary inputs, the calculator will automatically compute various aspects of your paycheck.

Regular Pay:

  • The calculator will determine your regular earnings for the pay period, based on your hourly rate and hours worked up to 40 per week.

Overtime Pay:

  • The calculator computes any additional earnings for hours beyond 40 worked per week, using the selected overtime rate.

Gross Pay:

  • This is the total of your regular and overtime pay.

Taxes and Deductions:

  • The calculator will calculate and display applicable taxes including Federal Tax, State Tax, Medicare, and Social Security in currency format.
  • Total deductions are also summed up for easy understanding.

Net Pay:

  • Your net pay, showing the amount remaining after all deductions, will be displayed.

Once all required fields are completed with valid data, your complete paycheck evaluation including all calculations and deductions will be displayed in a currency format.