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$42 an Hour After Taxes
Working 40 hours a week at $42 an hour brings in $87,360 a year before tax. After federal income tax, state tax and FICA, a single filer in California keeps about $66,240 — which is $31.85 an hour, not $42.
From $42 gross to $31.85 net
The gap is $10.15 for every hour worked, or $21,120 across the year. Effective rate: 24.2%. Federal income tax is the largest piece at $10,389, then $4,048 of California income tax and $6,683 of Social Security and Medicare.
| Deduction | Per year | Per week | Per hour |
|---|---|---|---|
| Gross | $87,360 | $1,680 | $42.00 |
| Federal income tax | −$10,389 | −$200 | −$4.99 |
| California income tax | −$4,048 | −$78 | −$1.95 |
| Social Security + Medicare | −$6,683 | −$129 | −$3.21 |
| Take-home | $66,240 | $1,274 | $31.85 |
What changes by state
No-income-tax states return the most on the same wage. At $42 an hour the difference between Texas and California is $4,048 a year — about $1.95 for every hour worked.
| State | Take-home / year | Per hour |
|---|---|---|
| Texas | $70,288 | $33.79 |
| Florida | $70,288 | $33.79 |
| Washington | $64,173 | $30.85 |
| California | $66,240 | $31.85 |
| New York | $66,167 | $31.81 |
| Illinois | $65,963 | $31.71 |
| Georgia | $66,377 | $31.91 |
| New Jersey | $66,847 | $32.14 |
$42 an hour after taxes in Texas →
Compare by state
- $42 an hour in Texas
- $42 an hour in California
- $42 an hour in Florida
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Monthly and weekly figures
Net pay of $66,240 a year is $5,520 a month, $2,548 per biweekly check and $1,274 a week. A 401(k) contribution of even 5% would remove $4,368 from the taxable figure before any of this is computed, which lowers the effective rate slightly.