Pay Raise Calculator

Find out what a raise really means for your paycheck. Enter your current salary and raise percentage to see the new salary and the increase per year, month and hour.

How this calculator works

New salary = current salary x (1 + raise % / 100). The hourly figure assumes 2,080 working hours a year.

Frequently asked questions

What is a typical raise?

Annual merit raises often fall between 3% and 5%, with larger bumps for promotions or job changes.

Is a raise taxed?

Yes. Extra income is taxed at your marginal rate, so take-home rises by less than the gross raise.

Figures use 2026 US federal tax parameters. Results are estimates only.