Oregon Paycheck Calculator
Calculate your take-home pay after federal & Oregon taxes
Updated for 2023 tax year on Dec 05, 2023
Paycheck calculators by state
Paycheck calculator for Oregon
Overview of Oregon
Oregon has a population of over 4 million (2019) and is one of the most geographically diverse US states with mountainous regions, mixed forests, volcanoes, etc. Due to this, its economy had primarily been agriculture and timber but has shifted toward technology in recent years. The median household income is $60,212 (2017).
Brief summary:
- the income tax rate ranges from 4.75% to 9.9%
- subject to Paid Family and Medical Leave (PFML)
- able to claim exemptions
From Wikipedia
Understanding your Oregon paycheck
Every time you receive your Oregon paycheck, you may wonder how all those deductions and taxes affect your take-home pay. Understanding the components of your paycheck is essential to making the most of your hard-earned money. Let’s dive into the fascinating world of your Oregon paycheck.
First and foremost, your paycheck is subject to federal income taxes and FICA taxes. The amount of federal income tax withheld is determined by the information you provide on your W-4 form. Your pay frequency, whether weekly, biweekly, or monthly, can also influence the amount withheld from each paycheck.
Marital status significantly determines your tax liability, affecting your filing status and tax brackets. Pre-tax deductions, such as retirement fund contributions, can also impact your paycheck. By reducing your taxable income, these deductions may lower your overall tax liability.
Oregon has a state income tax (4.75% to 9.9%) but no state payroll taxes or local income taxes to worry about. The state income tax rates vary depending on your income level, with progressive tax brackets in place to determine your tax liability.
While Oregon does not have a state standard deduction, you can claim personal exemptions for yourself, your spouse, and dependents. Personal exemptions help reduce your taxable income, leading to a lower tax bill and more money in your pocket.
Finally, post-tax deductions may also affect your take-home pay. These deductions, such as union dues, charitable donations, or wage garnishments, are taken out after taxes have been calculated and withheld. By monitoring your post-tax deductions, you can ensure that you’re making the most of your paycheck and maximizing your financial well-being.
Calculate your Oregon paycheck
Calculating your Oregon state income tax is similar to the steps we listed on our Federal paycheck calculator:
- Determine your gross income
- Annual salary
Annual salary = Gross income - Hourly wage
Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
- Annual salary
- Work out your total federal income tax
- Gross income adjusted
Gross income − Pre-tax deductions = Gross income adjusted - Federal taxable income
Gross income adjusted − Federal standard/itemized deductions = Federal taxable income - Federal income tax liability
Federal taxable income × Federal income tax rate = Federal income tax liability - Federal payroll tax liability
Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
- Gross income adjusted
- Calculate your total Oregon state income tax
- State taxable income
Gross income adjusted − State standard/itemized deductions = State taxable income - State income tax liability
State taxable income × State income tax rate = State income tax liability - State payroll tax liability
Gross income adjusted × State payroll tax rate = State payroll tax liability
- State taxable income
- Figure out your net pay
Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay - Divide your net pay by your pay frequency
- Daily
Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck - Weekly
Your net pay / 52 = Your weekly paycheck - Bi-weekly
Your net pay / 26 = Your bi-weekly paycheck - Semi-monthly
Your net pay / 24 = Your semi-monthly paycheck - Monthly
Your net pay / 12 = Your monthly paycheck - Quarterly
Your net pay / 4 = Your quarterly paycheck - Semi-annual
Your net pay / 2 = Your semi-annual paycheck - Annual
Your net pay = Your annual paycheck
- Daily
State payroll tax
Tax year | Tax name | Percent of taxable wage | Up to taxable wage | Comment |
---|---|---|---|---|
2023 | Paid Family and Medical Leave (PFML) | 60% of 1.0% | $132,900 | For employers of 25 or more, employees pay 60%; if fewer than 25 employees, employees pay 100% |
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2023 | Single Married, Filing Separately |
$0 - $4,050 | 4.75% |
$4,050 - $10,200 | 6.75% | ||
$10,200 - $125,000 | 8.75% | ||
$125,000+ | 9.9% | ||
Married, Filing Jointly or Widow(er) Head of Household |
$0 - $8,100 | 4.75% | |
$8,100 - $20,400 | 6.75% | ||
$20,400 - $250,000 | 8.75% | ||
$250,000+ | 9.9% | ||
2022 | Single Married, Filing Separately |
$0 - $3,750 | 4.75% |
$3,750 - $9,450 | 6.75% | ||
$9,450 - $125,000 | 8.75% | ||
$125,000+ | 9.9% | ||
Married, Filing Jointly or Widow(er) Head of Household |
$0 - $7,500 | 4.75% | |
$7,500 - $18,900 | 6.75% | ||
$18,900 - $250,000 | 8.75% | ||
$250,000+ | 9.9% | ||
2021 | Single Married, Filing Separately |
$0 – $3,650 | 4.75% |
$3,650 – $9,200 | 6.75% | ||
$9,200 – $125,000 | 8.75% | ||
$125,000+ | 9.9% | ||
Married, Filing Jointly or Widow(er) Head of Household |
$0 – $7,300 | 4.75% | |
$7,300 – $18,400 | 6.75% | ||
$18,400 – $250,000 | 8.75% | ||
$250,000+ | 9.9% | ||
2020 | Single Married, Filing Separately |
$0 – $3,600 | 4.75% |
$3,600 - $9,050 | 6.75% | ||
$9,050 – $125,000 | 8.75% | ||
$125,000+ | 9.9% | ||
Married, Filing Jointly or Widow(er) Head of Household |
$0 - $7,200 | 4.75% | |
$7,200 - $18,100 | 6.75% | ||
$18,100 - $250,000 | 8.75% | ||
$250,000+ | 9.9% |
State standard deduction
Tax year | Filing status | Standard deduction amount |
---|---|---|
2023 | Single Married, Filing Separately |
$2,605 |
Married, Filing Jointly | $5,210 | |
Head of Household | $4,195 | |
2022 | Single Married, Filing Separately |
$2,420 |
Married, Filing Jointly | $4,840 | |
Head of Household | $3,895 | |
2021 | Single Married, Filing Separately |
$2,350 |
Married, Filing Jointly | $4,700 | |
Head of Household | $3,780 | |
2020 | Single Married, Filing Separately |
$2,315 |
Married, Filing Jointly | $4,630 | |
Head of Household | $3,725 |
State exemptions
There are state-level exemptions for all types of filers and dependents. All exemptions are in the form of tax credits. Refer to Tax Foundation for more details.
FAQs
What taxes do Oregonians pay?
They pay the state-level income tax from 4.75% to 9.9%. There is also an additional payroll tax.
How much do you make after taxes in Oregon?
A single filer earning $60,000 annually will take home $44,852.94 after tax.
The combined take-home pay is $89,704.87 for a married couple who earn $120,000 per year.
How much taxes are deducted from a $60,000 paycheck in Oregon?
The total taxes deducted for a single filer are $1262.26 monthly or $582.57 bi-weekly.