Washington Paycheck Calculator - SmartAsset (2022)

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Use SmartAsset's paycheck calculator to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes.

Washington Paycheck Calculator - SmartAsset (1)

Overview of Washington Taxes

Washington is one of a few states with no income tax, and there are no cities in the state that have local income taxes either. Washington earners will still have to pay federal income taxes, though.

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'; }; var addRow = function (thisCount, values) { container.find('.popout-tbody').append(renderRow(thisCount)); var $thisContainer = container.find('.deduction-' + thisCount); var $sel = $thisContainer.find('select[name="deduction-calculation-type"]'); var $inputs = $thisContainer.find('input.percentage, input.dollar'); var $nameInput = $thisContainer.find('input[name="deduction-name"]'); $sel.val(container.find('.deduction-' + (thisCount-1) + ' select[name="deduction-calculation-type"]').val()); $sel.select2({ minimumResultsForSearch: -1 }); $inputs.val(0); $thisContainer.find('input.dollar').autoNumeric('init'); $thisContainer.find('input.percentage').autoNumeric('init'); if (values) { $nameInput.val(values.name); $sel.val(values.type).trigger("change"); if (values.type === 'dol-fixed') { $thisContainer.find('.dollar.tightcontainer').show(); $thisContainer.find('.percentage.tightcontainer').hide(); $thisContainer.find('input.dollar').autoNumeric('set', values.value); } else { $thisContainer.find('.dollar.tightcontainer').hide(); $thisContainer.find('.percentage.tightcontainer').show(); $thisContainer.find('input.percentage').autoNumeric('set', values.value); } } onDedCalcTypeSelect(thisCount, $sel.val()); updateTotalPostDeductions(); smartasset.inputs.repositionPopout(); $nameInput.on('change blur focusout keypress keyup paste', function () { var thisInput = $(this); if (thisInput.val().length > 0) { thisInput.parent().parent().removeClass('has-error'); } smartasset.inputs.repositionPopout(); }); $sel.on('change', function(){ onDedCalcTypeSelect(thisCount, $sel.val()); }); $sel.add($inputs).on('change blur focusout keypress keyup paste', function(){ updateTotalPostDeductions(); }); }; var onDedCalcTypeSelect = function(thisCount, value) { var $row = container.find('.deduction-' + thisCount); if (value === 'dol-fixed') { $row.find('.dollar.tightcontainer').show(); $row.find('.percentage.tightcontainer').hide(); } else { $row.find('.dollar.tightcontainer').hide(); $row.find('.percentage.tightcontainer').show(); } }; var updateTotalPostDeductions = function(){ var totalVal = 0; var $rows = container.find('.popout-tbody .popout-row'); var totalPostTaxDeductions = 0; $.each(smartasset.data.getPageData().postTaxDeductions, function(index, value){ totalPostTaxDeductions += value.value; }); $.each($rows, function(){ var $this = $(this); var $displayAmount = $this.find('.calculated-deduction-amount'); var calcType = $this.find('select[name="deduction-calculation-type"]').val(); switch(calcType) { case 'dol-fixed': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.dollar').autoNumeric('get'))); totalVal += $this.find('input.dollar').autoNumeric('get') * 1; break; case 'per-gross': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.percentage').autoNumeric('get') / 100 * smartasset.data.getPageData().grossPay)); totalVal += ($this.find('input.percentage').autoNumeric('get') / 100) * smartasset.data.getPageData().grossPay; break; case 'per-net': $displayAmount.text('$' + smartasset.math.commatoze($this.find('input.percentage').autoNumeric('get') / 100 * (smartasset.data.getPageData().paycheck + totalPostTaxDeductions))); totalVal += ($this.find('input.percentage').autoNumeric('get') / 100) * (smartasset.data.getPageData().paycheck + totalPostTaxDeductions); break; } }); container.find('.calculated-amount-total').text('$' + smartasset.math.commatoze(totalVal)); var errorMsg = container.find('p.error-message'); if (totalVal > smartasset.data.getPageData().grossPay) { errorMsg.show(); } else { errorMsg.hide(); } smartasset.inputs.repositionPopout(); }; // // before popup is shown, reload the data (imagine someone canceled the popup, hit escape, etc) // smartasset.hooks.register("beforePopoutShow", function() { doLoad(); }); // // register the onInputsLoaded method // smartasset.hooks.register("onInputsLoaded", function() { smartasset.inputs.reshowPopout('ud-post-td', 'ud-post-td'); doLoad(); }); $(function() { container = $('.ud-post-td'); container.find('p.error-message').text('Your deductions can\'t exceed your income.'); container.find('.add-row-button').on('click', function(){ var $rows = container.find('.popout-tbody .popout-row'); if ($rows.length < deductionMax) { addRow($rows.length); } if ($rows.length >= deductionMax) { container.find('.add-row-button').addClass('disabled'); } }); smartasset.hooks.register('onInputsLoaded', function(){ updateTotalPostDeductions(); }); container.find(".next").unbind("click").click(doSave); }); }()); Do this later

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Washington Paycheck Calculator

Washington Paycheck Calculator - SmartAsset (6)

Washington Paycheck Quick Facts

  • Washington income tax rate: 0%
  • Median household income: $80,408 (U.S. Census Bureau)
  • Number of cities that have local income taxes: 0

How Your Washington Paycheck Works

Washington state does not impose a state income tax. However, federal income and FICA (Federal Insurance Contribution Act) taxes are unavoidable no matter where you work.

How much you pay in federal income taxes depends on a few different factors, like your marital status, salary and if you want any additional withholdings. You have to enter information about your filing status and dependents on your Form W-4, which allows your employer to know how much to withhold from your paycheck. That's why your employer will require you to fill out a W-4 whenever you start a new job. You should also fill out a new W-4 anytime you experience life changes, such as a marriage, divorce or the birth of a child.

Over the last few years, there have been slight changes to withholding calculations for the federal income tax, as well as Form W-4. The new W-4 removes the option to claim allowances, as it instead focuses on a five-step process that lets filers enter personal information, claim dependents or indicate any additional income or jobs.

FICA taxes are made up of Medicare and Social Security. Workers have to pay 1.45% of their wages for the Medicare tax and 6.2% for the Social Security tax. Employers then match those percentages so the total contributions are doubled. Income you have in excess of $200,000 (single filers), $250,000 (joint filers) or $125,000 (married people filing separately) is subject to an additional 0.9% Medicare surtax, which your employer won't match.

Self-employed individuals have to pay the full 2.9% in Medicare taxes and 12.4% in Social Security taxes themselves, as there is no separate employer to contribute the other half. However, there is a deduction available during tax season to help recoup some of that high self-employment tax.

The paycheck you take home may be further reduced if you contribute funds toward a health or life insurance plan that your employer sponsors, as any premiums you pay will be deducted from your wages. This is also the case if you contribute to a retirement account through your employer, like a 401(k) or 403(b), or a medical expense account, such as a health savings account (HSA) or flexible spending account (FSA). These retirement and medical expenses accounts use pre-tax dollars, which means that while putting money in these shrinks your paycheck, it also allows you to pay less in taxes.

Another thing to consider is that the frequency of your pay impacts the size of your paychecks. If you get paid bi-weekly, for example, your paychecks will be more frequent and smaller than if you get paid just once a month. If you get paid monthly, you will see fewer but larger paychecks. It's important to budget accordingly.

Washington Median Household Income

YearMedian Household Income
2020$80,408
2019$78,687
2018$74,073
2017$70,979
2016$67,106
2015$64,129
2014$61,366
2013$58,405
2012$57,573
2011$56,835
2010$55,631

Tax Day is a lot less painful for Washingtonians than for workers in many other parts of the country. That’s because the Evergreen State does not levy income taxes at the state level. Lawmakers have considered introducing a state income tax in recent years, but no attempt has been successful thus far. While local sales taxes in Seattle, Tacoma and some other metro areas are significantly higher than the national average, all areas in Washington are devoid of local income taxes.

A financial advisor in Washington can help you understand how taxes fit into your overall financial goals. Financial advisors can also help with investing and financial plans, including retirement, homeownership, insurance and more, to make sure you are preparing for the future.

How You Can Affect Your Washington Paycheck

While you don’t have to worry about paying state or local income taxes in Washington, there’s no escaping federal income tax. However, there are certain steps you may be able to take to reduce the taxes coming out of your paychecks.

The simplest way to change the size of your paycheck is to adjust your withholding. Your paychecks will be smaller but you’ll pay your taxes more accurately throughout the year. You can also specify a dollar amount for your employer to withhold. There is a line on the W-4 that allows you to specify how much you want withheld. Use the paycheck calculator to figure out how much to put.

(Video) Salary After Taxes in US: Part Time & Full Time | The Reality

Another thing you can do is put more of your salary in accounts like a 401(k), HSA or FSA. If you contribute more money to accounts like these, your take-home pay will be less but you may still save on taxes. These accounts take pre-tax money, which means the money comes out of your paycheck before income taxes are removed. This reduces your taxable income. Payments you make for most employer-sponsored health and life insurance plans also pre-tax.

With no state or local income taxes, you might have an easier time saving up for a down payment for a home in Washington. If you’re looking to make the move, take a look at our guide to Washington mortgage rates and getting a mortgage in Washington.

FAQs

How much does Washington take from paycheck? ›

How do you figure out what my paycheck will be? ›

How do I complete a paycheck calculation? To calculate a paycheck start with the annual salary amount and divide by the number of pay periods in the year. This number is the gross pay per pay period. Subtract any deductions and payroll taxes from the gross pay to get net pay.

What percentage of your paycheck goes to taxes in Washington state? ›

Washington Income Tax Calculator 2021

Your average tax rate is 11.98% and your marginal tax rate is 22%.

How much does 120k a year pay in taxes Washington state? ›

If you make $120,000 a year living in the region of Washington, USA, you will be taxed $29,235. That means that your net pay will be $90,765 per year, or $7,564 per month. Your average tax rate is 24.4% and your marginal tax rate is 32.1%.

How much do I get taxed on my paycheck? ›

6.2% of each of your paychecks is withheld for Social Security taxes and your employer contributes a further 6.2%. However, the 6.2% that you pay only applies to income up to the Social Security tax cap, which for 2022 is $147,000 (up from $142,800 in 2021).

Which state has no income tax? ›

At present, seven states—Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming—levy no state income tax at all.1 Washington state levies an income tax on investment income and capital gains, but it is only for certain high earners.

Is Washington a high tax state? ›

Washington has a 6.50 percent state sales rate, a max local sales tax rate of 4.00 percent, and an average combined state and local sales tax rate of 9.29 percent. Washington's tax system ranks 15th overall on our 2022 State Business Tax Climate Index.

Is Washington a tax friendly state? ›

Sales taxes in Washington are pretty high. The state sales tax rate is 6.5%, which is well above average. Plus, at 9.29%, the Tax Foundation's average combined state and local sales tax rate for Washington is the fourth-highest in the country.

How does Washington have no income tax? ›

Washington relies on the sales tax, the business and occupation (B&O) tax, and property tax. Unlike most states, Washington does not have either a personal or corporate net income tax. The following chart shows the general fund share of each major tax source.

How much is your paycheck if you make 120000? ›

Paycheck calculator

A yearly salary of $120,000 is $10,000 a month. This number is based on 40 hours of work per week and assuming it's a full-time job (8 hours per day) with vacation time paid. If you get paid biweekly your gross paycheck will be $4,615.

What is Seattle tax rate? ›

The total sales tax rate in Seattle is 8.8%, with the exception of a 9.3% rate that applies to food and beverages purchased in restaurants and bars. The extra 0.5% is used to pay for construction of the baseball stadium.

Does Washington tax Social Security? ›

Washington State has no income tax. That means income from Social Security, pensions and retirement accounts is all tax-free in Washington.

What is the standard withholding for federal taxes 2022? ›

For single taxpayers and married individuals filing separately, the standard deduction rises to $12,950 for 2022, up $400, and for heads of households, the standard deduction will be $19,400 for tax year 2022, up $600.

How do you calculate biweekly pay per hour? ›

Divide the biweekly pay by the number of regular hours worked to calculate the regular hourly rate. For example, if your biweekly gross pay is $1,600 and you work a regular 40-hour workweek, your hourly rate is $20 [$1,600 / (40 x 2) = $1,600/80 = $20].

How do you calculate monthly income from weekly paycheck? ›

If You're Paid Weekly

How to calculate monthly income from a weekly paycheck? Again, multiply the number of paychecks you receive in a month by your hourly wage. Then, multiply that amount by 52 (weeks in a year) and divide by 12 (months in a year).

Is it better to claim 1 or 0? ›

By placing a “0” on line 5, you are indicating that you want the most amount of tax taken out of your pay each pay period. If you wish to claim 1 for yourself instead, then less tax is taken out of your pay each pay period.

How much more taxes will I pay if I claim 0? ›

Claiming 0 on Your Taxes

When you claim 0 on your taxes, you have the largest amount withheld from your paycheck for federal taxes. If your goal is to receive a larger tax refund, then it will be your best option to claim 0. Typically, those who opt for 0 want a lump sum to use as they wish, like: Pay bills.

What percent of your paycheck should you save? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.

What is the most tax friendly state? ›

Seven states do not collect tax on personal income, and Tennessee is poised to join the list:
  • Alaska.
  • Wyoming.
  • South Dakota.
  • Florida.
  • Texas.
  • Nevada.
  • Washington.
12 Sept 2022

What is the most taxed state? ›

The top 10 highest income tax states (or legal jurisdictions) for 2021 are:
  • California 13.3%
  • Hawaii 11%
  • New Jersey 10.75%
  • Oregon 9.9%
  • Minnesota 9.85%
  • District of Columbia 8.95%
  • New York 8.82%
  • Vermont 8.75%
7 Sept 2022

What state has the cheapest property taxes? ›

  1. Hawaii. Property tax: 0.28% Typical home price: $1,038,544. ...
  2. Alabama. Property tax: 0.41% Typical home price: $204,965. ...
  3. Colorado. Property tax: 0.51% ...
  4. Louisiana. Property tax: 0.55% ...
  5. Washington, D.C. Property tax: 0.56% ...
  6. Delaware. Property tax: 0.57% ...
  7. South Carolina. Property tax: 0.57% ...
  8. West Virginia. Property tax: 0.58%
3 Sept 2022

What are the tax advantages of living in Washington state? ›

Tax Benefits of Living in Washington State

Washington has no state income tax, which allows residents to get more and save more from each paycheck. This is also one of the few states in the United States that does not have a personal or corporate income tax.

Why does Washington have low taxes? ›

Due to the inadequacy of its sales-based tax system, Washington is a low-tax state. Enacted in 1993, Initiative 601 required a two-thirds vote of the Legislature to raise taxes. For 20 years, the supermajority rule thwarted tax increases that could have counteracted the inadequacy of the Washington tax system.

Is Washington a nice place to live? ›

Washington has a super low crime rate, beating the vast majority of the rest of the US in police statistics, making it one of the safest places to live in the country. The weather, although rainy, is mostly temperate throughout the year, especially towards the western side of the state.

Is it better to retire in WA or OR? ›

Washington State is a better retirement destination if you'd like to spend your golden years in a fast-paced city. The beautiful mountain scenery is a plus. Oregon might be better for you if you'd like to explore multiple outdoor activities such as biking, skiing, golf, and fishing.

What state is best financially to retire in? ›

Michigan ranks as the most affordable state to retire in 2022, according to a recent Bankrate analysis. This is due to a low cost of living and light tax burden for residents.
...
Here are the seven most affordable states to retire, according to Bankrate:
  • Michigan.
  • Tennessee.
  • Missouri.
  • Mississippi.
  • Kentucky.
  • Oklahoma.
  • Georgia.
31 Aug 2022

Is it cheaper to live in Washington or California? ›

California has favorable weather, climate, jobs, and the university scene is also impressive. However, the state has high taxes, cost of living, and the housing cost is also very steep.
...
The Cost of Moving to Washington State.
FromToMoving Average Price, $
Los AngelesSeattle8000
San DiegoSeattle9000
2 more rows

Is Washington or Oregon cheaper to live in? ›

Oregon is 7.8% cheaper than Washington.

When did Washington get rid of income tax? ›

Washington has evolved from a primarily property-tax state to an excise-tax state and is one of only four states with no form of income tax. Voters overwhelmingly approved an income tax in 1932, but the courts declared it unconstitutional, and several attempts since to pass an income tax have failed.

What is Washington's minimum wage 2022? ›

Minimum Wage. The 2022 Minimum Wage in the state of Washington is $14.49 per hour. Washington employers must pay most employees at least the minimum wage for every hour worked. As of January 1, 2023 the minimum wage will increase to $15.74 per hour.

What is Washington state sales tax? ›

Washington's retail sales tax is made up of the state rate (6.5 percent) and the local sale tax rate. Local rates vary depending on the location. The sales tax rate for items delivered to the customer at the store location (over the counter sales) is based on the store location.

What is Seattle tax rate? ›

The total sales tax rate in Seattle is 8.8%, with the exception of a 9.3% rate that applies to food and beverages purchased in restaurants and bars. The extra 0.5% is used to pay for construction of the baseball stadium.

Does Washington have state withholding tax? ›

Washington does not use a state withholding form because there is no personal income tax in Washington.

What will WA minimum wage be in 2023? ›

In 2023, the minimum wage rate in Washington state will increase to $15.74 per hour for employees 16 years of age and older, the Washington State Department of Labor & Industries announced on Sept. 30. This represents an increase of $1.25 per hour, or an 8.66 percent increase year over year.

What state has the highest minimum wage? ›

The federal minimum wage is $7.25, but do you know the states that have higher or lower minimums? Answer: Highest: District of Columbia at $15.20/hour, California at $15/hour. Lowest: Georgia and Wyoming at $5.15/hour ** (only applies to some farm and seasonal workers)

What state has lowest minimum wage? ›

Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Two states, Georgia and Wyoming, have a minimum wage below $7.25 per hour. In all seven of these states, the federal minimum wage of $7.25 per hour applies.

Are taxes high in Washington state? ›

Bottom Line. The Evergreen State is one of nine states with no personal income tax. However, sales taxes in Washington are extremely high. At 9.29%, the state's combined state and local sales tax rate is the 4th-highest in the nation.

What is not taxed in Washington state? ›

Washington law exempts most grocery type food from retail sales tax. However, the law does not exempt “prepared food,” “soft drinks,” or “dietary supplements.” Businesses that sell these “foods” must collect sales tax. In addition, all alcoholic items are subject to retail sales tax.

What state has the highest sale tax? ›

There is only one state with a sales tax over 7%, which is California, and is also the state with the largest population. There are six states with sales tax under 4%. Colorado has a sales tax of 2.9%. The other five, Oregon, New Hampshire, Montana, Delaware, Alaska, have state sales taxes of 0%.

Is Washington or Oregon cheaper to live in? ›

Oregon is 7.8% cheaper than Washington.

Is Seattle expensive to live in? ›

Seattle's housing expenses are 109% higher than the national average and the utility prices are 8% higher than the national average. Transportation expenses like bus fares and gas prices are 35% higher than the national average. Seattle has grocery prices that are 30% higher than the national average.

Does Seattle have high taxes? ›

What is the sales tax rate in Seattle, Washington? The minimum combined 2022 sales tax rate for Seattle, Washington is 10.25%. This is the total of state, county and city sales tax rates. The Washington sales tax rate is currently 6.5%.

Is Washington a tax friendly state? ›

Sales taxes in Washington are pretty high. The state sales tax rate is 6.5%, which is well above average. Plus, at 9.29%, the Tax Foundation's average combined state and local sales tax rate for Washington is the fourth-highest in the country.

How does Washington make up for no income tax? ›

Washington relies on the sales tax, the business and occupation (B&O) tax, and property tax. Unlike most states, Washington does not have either a personal or corporate net income tax.

Is Washington state income tax free? ›

No income tax in Washington state

Washington state does not have a personal or corporate income tax. However, people or businesses that engage in business in Washington are subject to business and occupation (B&O) and/or public utility tax.

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