Pay raise calculator
Enter your current pay and a raise percentage to see your new pay and the extra amount per year and per month.
Putting a raise in context
A raise compounds: 4% on $60,000 is $2,400 in year one, and future raises build on the higher base. Compare your raise with inflation to see whether your real purchasing power grew.
When negotiating, translate percentages into dollars per paycheck — a 5% raise on $60,000 is about $115 extra per biweekly check before taxes.
Estimates for reference only, based on 2026 published rates. Not tax, legal or financial advice.
Frequently Asked Questions
What is an average raise?
US merit increases have recently run around 3%–4% per year, with promotions typically adding 8%–15%.
How much of a raise do I keep after taxes?
Your raise is taxed at your marginal rate. In the 22% federal bracket plus 7.65% FICA, roughly 70% of the raise reaches your pocket before state tax.
Raise vs bonus — what's better?
A raise recurs and compounds; a one-time bonus doesn't lift your base pay or future percentage raises.