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Pay Raise Calculator

Enter your current salary and raise percentage to instantly see your new salary, after-tax take-home, and impact across all pay periods.

Your Salary

$
%
Quick:
📈 Above Average Raise (+5.00%) Beats inflation by 1.7%(CPI 3.3%)

Your Raise

$2,500.00

+5.00% increase

New Annual Salary

$52,500.00

from $50,000.00

Per Paycheck

+$96.15

bi-weekly increase

After-Tax Increase

+$1,950.00

estimated annual take-home

Hourly

+$1.20

Before

$24.04

After

$25.24

Weekly

+$48.08

Before

$961.54

After

$1,009.62

Bi-Weekly

+$96.15

Before

$1,923.08

After

$2,019.23

Monthly

+$208.33

Before

$4,166.67

After

$4,375.00

Annual

+$2,500.00

Before

$50,000.00

After

$52,500.00

After-Tax Impact

$43,947.00$45,897.00 (+$1,950.00/yr)

Est. US federal effective rate. Varies by state and deductions.

Real Raise (Inflation-Adjusted)

Your raise: 5.0% — Inflation (CPI): 3.3%Real purchasing power change: +1.7%

Estimates are for informational and planning purposes only. They do not constitute financial, tax, or legal advice. See our disclaimer for details.

Quick Answers

Common Pay Raise Questions

What counts as a good raise?

How much is a 5% raise on $50,000?

A 5% raise on $50,000 is $2,500 per year, about $208 per month, or about $96 per biweekly paycheck before taxes.

What is a good raise percentage in 2026?

A good raise usually starts above inflation. In 2026, 4% to 5% is a stronger target than a basic cost-of-living raise, while 10% or more usually points to a promotion or job change.

How much is a $1 hourly raise per year?

A $1 hourly raise is about $2,080 per year before taxes if you work 40 hours per week for 52 weeks.

Formula

How to Calculate a Pay Raise

1

Calculate new salary from raise %

Use this when you know the raise percentage.

New Salary = Current Salary × (1 + Raise% / 100)

Example: $50,000 salary with a 6% raise equals $53,000.

2

Calculate raise % from old and new salary

Use this when you already know both salaries.

Raise% = ((New - Old) / Old) × 100

Example: $50,000 to $53,000 equals 6%.

Want to see how these raises add up over multiple years? Our annual raise calculator shows compound salary growth over 5, 10, or 20 years. For a deeper dive into the formula, see how to calculate raise percentage.

Typical Raise Percentages

2-3%

Cost-of-living (COLA)

Keeps pace with inflation

3-6%

Performance / Merit

Rewards good performance

10-20%+

Promotion / New role

Significant responsibility increase

FAQ

Frequently Asked Questions About Pay Raises

How do you calculate a pay raise?
Multiply your current salary by the raise percentage divided by 100, then add the result to your current salary. For example, a 5% raise on $50,000: $50,000 × 0.05 = $2,500 raise, new salary = $52,500. Our raise calculator does this instantly for hourly, weekly, biweekly, monthly, and annual pay.
What is a good raise percentage?
A typical cost-of-living raise is 3-5%. Performance-based raises range from 5-10%. Promotion raises can be 10-20% or more. According to the Bureau of Labor Statistics (BLS), the average annual salary increase is around 4-5%. Use our calculator to see exactly how different percentages affect your take-home pay.
How much is a 5% raise on a $50,000 salary?
A 5% raise on $50,000 is $2,500 per year, bringing your new salary to $52,500. That's approximately $208 more per month or $96 more per bi-weekly paycheck before taxes.
How does a raise affect my take-home pay?
Your actual take-home increase is less than the gross raise amount because of taxes. A $2,500 annual raise might only increase your take-home pay by $1,800-$2,000 depending on your tax bracket. Our calculator provides estimated after-tax impact so you can see your real increase.
How do I calculate my raise percentage from old and new salary?
Use the formula: Raise % = ((New Salary - Old Salary) / Old Salary) × 100. For example, going from $50,000 to $53,000: (($53,000 - $50,000) / $50,000) × 100 = 6% raise. You can also use our calculator by selecting 'New Salary' mode.
Is a 3% raise good?
A 3% raise is considered average, but it may not fully protect your purchasing power. With CPI inflation at 3.3% for the 12 months ending March 2026, a 3% raise is slightly below inflation. A good raise should at minimum keep pace with inflation.