Let’s Put This in Perspective

…$15 an hour gives a person $31, 200 before taxes.

After taxes:

Annual Gross Pay , $31,200.00

Federal Withholding, $3,879.00

Social Security, $1,922.00

Medicare, $449.50

New Jersey, $520.00*

SUI/SDI, $246.05*

 

Net Pay, $24,183.45*

*These rates are determined by states, so your pay will vary depending on the state you live.