Where $17 an hour goes in New Jersey
| Category | Annual | Monthly | Per hour | Share of gross |
|---|---|---|---|---|
| Gross pay | $35,360 | $2,947 | $17.00 | 100% |
| Federal income tax | $2,063 | $172 | $0.99 | 5.8% |
| Social Security | $2,192 | $183 | $1.05 | 6.2% |
| Medicare | $513 | $43 | $0.25 | 1.5% |
| New Jersey income tax | $531 | $44 | $0.26 | 1.5% |
| New Jersey payroll assessments | $299 | $25 | $0.14 | 0.8% |
| Estimated take-home | $29,762 | $2,480 | $14.31 | 84.2% |
Across 2,080 paid hours a year at 40 hours a week. State income tax only — local and municipal taxes are excluded.
