Skip to main content

Search Calculators

Search for a calculator to use

2025 Tax Year

$24,000 Salary - US Take Home Pay

If you earn $24,000 per year in the US, you will take home approximately $21,264 after federal tax and FICA. That's $1,772.00 per month.

(Calculated for single filer in a state with no income tax)

Gross Salary
$24,000
per year
Take Home
$21,264
per year
Monthly Net
$1,772.00
per month
Effective Tax
11.4%
tax rate

Customize Your Calculation

Your Income

Enter your salary details for 2025

$
$

✓ No state income tax

$0/yr

Pre-tax contribution (max $23,500 in 2025)

$0/yr

Pre-tax health savings (max $4,300 self / $8,550 family)

Take Home Pay

$21,264.00/year

88.6% of gross income

  • Gross Income$24,000.00
  • Taxable Income$9,000.00
  • Federal Tax-$900.00
  • State Tax (TX)-$0.00
  • Social Security-$1,488.00
  • Medicare-$348.00
  • Total Deductions-$2,736.00

11.4%

Effective Rate

10%

Marginal Rate

$24,000 Salary Insights

Compare your salary and understand your tax breakdown

$24,000 vs US Wages

Below US median

-60%

vs US Median

$35,540

Below Median

Where Your $24,000 Goes

Annual breakdown of your salary

Take Home88.6%
Federal Tax3.8%
Social Security6.2%
Medicare1.5%

401(k) Tax Benefits on $24,000

See how 401(k) contributions reduce your tax bill

Increase your 401(k) contribution to see potential tax savings. Max contribution for 2025 is $23,500.

$24,000 Salary Breakdown

DescriptionYearlyMonthly
Gross Salary$24,000.00$2,000.00
Standard Deduction$15,000.00$1,250.00
Taxable Income$9,000.00$750.00
Federal Tax-$900.00-$75.00
Social Security-$1,488.00-$124.00
Medicare-$348.00-$29.00
Total Deductions-$2,736.00-$228.00
Take Home Pay$21,264.00$1,772.00

Understanding Your $24,000 Salary

A $24,000 salary in the US for the 2025 tax year will result in a take-home pay of approximately $21,264.00 per year, or $1,772.00 per month (assuming single filer in a state with no income tax). This calculation includes Federal Income Tax and FICA taxes (Social Security and Medicare).

Your effective tax rate is 11.4%, meaning for every $1 you earn, you keep approximately $0.89. Your marginal tax rate (the rate on your next $1 earned) is 10%.

This calculation assumes single filing status and uses the standard deduction of $15,000. State taxes vary significantly - use the calculator above to see results for your specific state.