California Paycheck Taxes (Orange: health insurance, home, calculator)

[katykat46]

I'm wondering what the average percentage is taken from paychecks in Orange County on a salary of $40k. I know it depends on a lot of variables (employers, health insurance, worker's comp, etc.) I also understand that making a higher income usually means a higher tax rate. I'm just trying to get an estimate.

Here in Washington, we have no state income tax (as of now) and we average 83% take home pay after taxes.


Thanks

[nurserosie]

you will have a hard time living here on a 40K income to start with...

remember state, federal taxes, health care , car, food ,,gas etc..

not to mention rent, utilities..

[katykat46]

I'm just asking for an average of take home pay from paychecks. That is all.

There will be more than just me and more than just $40k to live off of. I was NOT asking about living costs, just the take home pay average of that salary. Geesh!

[katykat46]

Originally Posted by nurserosie

you will have a hard time living here on a 40K income to start with...

remember state, federal taxes, health care , car, food ,,gas etc..

not to mention rent, utilities..

That's not what I asked. I never said I was trying to live off $40k. It was just a number for referencing tax percentages. So someone could base their answer off that amount instead of $10k or $1million.

Why do people always start assuming and fail to answer the actual question that was asked?

[BRinSM]

after taxes, 8% 401k contribution, FSA, and small amounts towards medical insurance premiums I take home about 72% of my gross salary every pay period. however, if i didn't own a home the taxes withheld would not be enough and I'd owe both the state and the feds money at the end of the year. you might as well assume that 1/3 of each of your paychecks will never be seen by you.

[MovingAloha]

Originally Posted by katykat46

I'm wondering what the average percentage is taken from paychecks in Orange County on a salary of $40k. I know it depends on a lot of variables (employers, health insurance, worker's comp, etc.) I also understand that making a higher income usually means a higher tax rate. I'm just trying to get an estimate.

Here in Washington, we have no state income tax (as of now) and we average 83% take home pay after taxes.


Thanks

Here is a calculator that might help.

Paycheck Calculator

[katykat46]

Thanks for the answers and link! That helps.

[dclamb3]

Originally Posted by katykat46

I'm wondering what the average percentage is taken from paychecks in Orange County on a salary of $40k. I know it depends on a lot of variables (employers, health insurance, worker's comp, etc.) I also understand that making a higher income usually means a higher tax rate. I'm just trying to get an estimate.

Here in Washington, we have no state income tax (as of now) and we average 83% take home pay after taxes.


Thanks

A very rough estimate is approx. 23%.