If you are paid by the hour but want to think in annual terms — for budgeting, a mortgage application, or comparing a salaried job offer — you need to convert your hourly wage to a yearly figure and then see what actually lands in your bank account after tax. This calculator does both: it turns your hourly rate into a gross salary and applies Virginia state tax, federal tax and FICA to estimate your real take-home pay.
How it works
The conversion is straightforward, then taxes are layered on:
- Gross salary. Hourly rate × hours per week × weeks per year. The default 40 hours × 52 weeks gives full-time year-round pay.
- Federal income tax. Applies the 2025 standard deduction for your filing status, then the federal brackets (10% to 37%) to taxable income.
- Virginia state tax. Subtracts Virginia’s standard deduction, then applies the graduated rates:
2%on the first$3,000,3%to$5,000,5%to$17,000, and5.75%above$17,000. - FICA. Social Security at 6.2% on wages up to the annual wage base, plus Medicare at 1.45% on all wages.
The annual net is then divided into bi-weekly and monthly figures.
Example and notes
At $25 per hour, 40 hours a week, 52 weeks a year, your gross salary is $52,000. After the federal standard deduction, Virginia’s graduated tax and FICA, a single filer keeps roughly $41k–$42k annually, or about $1,600 per bi-weekly paycheck.
Remember this is an estimate. Pre-tax benefits like a 401(k), health insurance premiums, or an HSA will lower your taxable income and your take-home further. Overtime worked at 1.5x is not modelled separately — enter a blended average rate if a large share of your hours are overtime.