Gross Pay vs. Net Pay Explained

Updated August 2025

Your gross pay is what your employer pays you. Your net pay is what you actually take home. The difference? Taxes and deductions — and it's usually bigger than people expect.

The simple breakdown

Gross PayNet Pay
What it isTotal earnings before anything is taken outWhat actually hits your bank account
Also calledPre-tax pay, total compensationTake-home pay, after-tax pay
On your paystubTop line / "Gross"Bottom line / "Net Pay"

What comes out between gross and net?

For a California worker earning $60/hr (40hrs/wk, single):

DeductionPer PaycheckAnnual% of Gross
Federal Income Tax-$466-$12,1069.7%
California State Tax-$164-$4,2703.4%
Social Security (6.2%)-$297-$7,7386.2%
Medicare (1.45%)-$70-$1,8101.45%
Health Insurance-$185-$4,8103.9%
401(k) (5%)-$240-$6,2405.0%
Total Deductions-$1,422-$36,97429.7%
Net Take-Home$3,378$87,82670.3%
Key insight: At $60/hr in California, you keep about 70 cents of every dollar earned. The exact percentage depends on your filing status, state, and deductions.

How filing status affects net pay

Same $60/hr worker, different filing statuses:

Filing StatusAnnual NetBiweekly NetKeep Rate
Single$87,826$3,37870.3%
Married filing jointly$93,440$3,59474.8%
Head of household$90,644$3,48672.6%

Why your net pay matters more

When comparing job offers or negotiating pay, always think in terms of net pay:

See the full $60/hr breakdown →

See what real workers take home

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Related Resources

Net Pay Calculator All Employers Salary by Job Hourly Pay Calculator Guides & Articles Union Wage Lookup