Pay Raise Calculator

Calculate your salary increase, new annual pay, and estimated take-home raise after taxes.

Current Salary
$
Your Raise

Enter any one — the other two update automatically.

%
$
$
Tax Settings

Uses 2026 U.S. federal tax brackets and FICA for a single filer. State and local taxes are not included.

New Salary

$63,000

+$3,000 per year

After-Tax Impact

Net Raise (Annual)

+$2,411

Net Raise (Monthly)

+$201

Before vs. After
Gross Salary
$60,000$63,000
Federal Tax
$5,020$5,380
FICA
$4,590$4,820
Take-Home Pay
$50,390$52,801
Effective Tax Rate
16.0%16.2%

How the Pay Raise Calculator Works

Enter your current salary, then fill in any one of the three raise fields — percentage, dollar amount, or new salary — and the other two are calculated automatically. The calculator then runs both salaries through the 2026 federal tax brackets and FICA to show your actual take-home increase.

A raise doesn't translate 1:1 to more take-home pay because of progressive taxation. For example, under this calculator's 2026 federal and FICA assumptions, a 10% raise on a $60,000 salary adds $6,000 gross and about $4,821 after taxes.

By default the estimates use U.S. federal taxes only (single filer); outside the U.S., switch to a custom flat tax rate instead. For state-specific calculations, use our [salary calculator](/salary-calculator). To see how your raise compounds over time, try the [investment calculator](/investment-calculator).

Frequently Asked Questions

What is a good pay raise percentage?

The average annual raise in the U.S. is 3-5% for merit increases. A promotion typically comes with 10-20%. Anything above 5% without a title change is above average.

Why is my net raise less than my gross raise?

Because of progressive taxation. Your raise may push some income into a higher federal bracket (e.g., from 22% to 24%). Additionally, FICA takes 7.65% off the top. So a $5,000 raise might only add ~$3,500 to your take-home pay.

How do I negotiate a raise?

Research market rates for your role using salary surveys. Document your achievements and impact. Ask during performance reviews or after completing a major project. Present a specific number rather than a range.

Should I negotiate salary or benefits?

Consider both. Sometimes benefits like 401(k) matching, extra PTO, or remote work flexibility can be worth more than a small salary bump. Use this calculator to quantify the salary portion.