Interactive tool

Income & Salary Calculator

Calculate your gross and net income across hourly, daily, weekly, monthly, and annual pay periods—based on your wage or salary.

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Quick Overview

About Income & Salary Calculator

The Income & Salary Calculator on NGDrives helps individuals quickly break down their earnings across different time frames with or without taxes based on hours worked, hourly wage, or annual salary.

This calculator is especially helpful for:

  • Job seekers comparing salary offers to hourly pay.
  • Freelancers and contract workers estimating what their hourly rate equates to annually.
  • Employees double-checking paycheck breakdowns.
  • Students or interns evaluating part-time job income.
  • HR professionals helping candidates understand total compensation packages.

Say you earn $25 per hour, work 40 hours a week, and want to know how much you'll take home monthly after taxes. This tool automatically calculates your gross and net pay on an hourly, daily, weekly, monthly, and annual basis, considering your average income tax rate.

It gives you a comprehensive view of your financial picture, so you can make more informed career, financial planning, or budgeting decisions.

FAQs for Income & Salary Calculator

What’s the difference between gross and net income?

Gross income is your total earnings before taxes. Net income is what you take home after tax deductions.

What if I’m paid bi-weekly?

While the calculator displays weekly and monthly breakdowns, you can divide monthly results by 2 to estimate bi-weekly income.

What income tax rate should I enter?

Use your country’s average or personal income tax rate. In the U.S., 14.2% is a common average, but this varies by income bracket.

Can I compare hourly vs salaried income?

Yes. Switch between "Enter annual salary" and "Enter hourly wage" to compare both payment structures instantly.

Does the tool factor in deductions like social security or health insurance?

No. This version estimates based on income tax only. Additional deductions can be manually subtracted for precision.

Is this calculator suitable for freelancers or contractors?

Absolutely. Freelancers can enter their average hourly rate and hours worked per week to estimate total income and tax obligations.

Report an Issue with Income & Salary Calculator

If you encounter any issues or have suggestions for improvements, please report them using the form below.

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Income & Salary Calculator Overview