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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

+$2,050.00

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

$41,000.00$43,050.00 (+$2,050.00/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%

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.