Where $18 an hour goes in North Carolina
| Category | Annual | Monthly | Per hour | Share of gross |
|---|---|---|---|---|
| Gross pay | $37,440 | $3,120 | $18.00 | 100% |
| Federal income tax | $2,313 | $193 | $1.11 | 6.2% |
| Social Security | $2,321 | $193 | $1.12 | 6.2% |
| Medicare | $543 | $45 | $0.26 | 1.5% |
| North Carolina income tax | $985 | $82 | $0.47 | 2.6% |
| Estimated take-home | $31,278 | $2,606 | $15.04 | 83.5% |
Across 2,080 paid hours a year at 40 hours a week. State income tax only — local and municipal taxes are excluded.
