Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Loading
Tap on the profile icon to edit
your financial details.

New Hampshire Paycheck Calculator

Your Details Done

Use SmartAsset's paycheck calculator to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes.

Overview of New Hampshire Taxes

New Hampshire has no income tax on wages, though the state does charge a 4% tax on income from interest and dividends. The tax on interest and dividends will fall to 3% in 2024 and be repealed starting in 2025. No cities in New Hampshire levy local income taxes. 

Work Info
Add your details
Marital Status
Marital Status
Enter your marital status
Do this later
Dismiss
Job
Add your details
Location
Location
Enter your location Do this later
Dismiss
Add your details
Elected State Percentage
Do this later
Dismiss
Add your details
Dependents

Do this later
Dismiss
Add your details
Pay Frequency
Do this later
Dismiss
Add your details
Allowances
Federal
State
Additional State
Local

Do this later
Dismiss
Add your details
Are you exempt from any taxes?
Do this later
Dismiss
Type
Salary (per year)
Dismiss
Hourly Wage
Dismiss

Hours (per pay period)
Dismiss

Overtime Hourly Wage
Dismiss

Overtime Hours (per pay period)
Dismiss

You can't withhold more than your earnings. Please adjust your .

Your estimated -- take home pay:
$--

Where is your money going?
Gross Paycheck $--
Taxes --% $--
Federal Income --% $--
State Income --% $--
Local Income --% $--
FICA and State Insurance Taxes --% $--
Social Security --% $--
Medicare --% $--
State Disability Insurance Tax --% $--
State Unemployment Insurance Tax --% $--
State Family Leave Insurance Tax --% $--
State Workers Compensation Insurance Tax --% $--
Pre-Tax Deductions --% $--
Post-Tax Deductions --% $--
Take Home Salary --% $--
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
As of
Marketing Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
As of
Marketing Disclosure

Share Your Feedback
How would you rate your experience using this SmartAsset tool?
What is the most important reason for that score? (optional)
Please limit your response to 150 characters or less.
Thank you for your answer! Your feedback is very important to us.

New Hampshire Paycheck Calculator

Photo credit: ©iStock.com/DenisTangneyJr

New Hampshire Paycheck Quick Facts

  • New Hampshire income tax rate: 0% (4% tax on interest and dividends)
  • Median household income: $90,845 (U.S. Census Bureau)
  • Number of cities that have local income taxes: 0

How Your New Hampshire Paycheck Works

One thing you’ll notice on your New Hampshire paycheck is deductions for FICA (Federal Insurance Contributions Act) taxes. FICA taxes are Social Security and Medicare taxes, and they are withheld from each of your paychecks in order for you to pay into these systems. Social Security is taxed at 6.2% and Medicare at 1.45%. Your employer will match these contributions so the total FICA taxes paid are 12.4% of your pay to Social Security and 2.9% to Medicare. Any earnings that single filers, heads of household and qualifying widow(er)s have in excess of $200,000 are subject to an additional 0.9% Medicare surtax, which your employer doesn’t match. This threshold rises to $250,000 for married couples filing jointly, but is only $125,000 for married couples filing separately. If you are self-employed, you are responsible for paying the full FICA taxes yourself, though you can deduct the employer portion.

Even in a state like New Hampshire that does not levy income tax on wages, workers still have to pay federal income taxes. How much you pay in federal income taxes depends on several factors including your salary, your marital status and whether you elect to have additional tax withheld from your paycheck.

Your employer figures out how much to withhold from each of your paychecks for federal income taxes based on the information you provide on your Form W-4. Every time you start a new job, you will need to fill out a new W-4. You can also fill out a new W-4 if you have a big life change, like a marriage, or if you just want to make changes to your withholdings.

In recent years, the IRS has revamped the Form W-4. The revised W-4 takes away the use of allowances, therefore removing the option to claim personal or dependency exemptions. It also includes a five-step process where you can enter personal information, claim dependents and indicate any additional income or jobs.

One way to manage your final tax bill is to request additional withholding from each paycheck. For example, say you want to withhold an additional $20 from each paycheck so that the taxes you pay throughout the year will more closely cover your actual tax liability. There is a line on the Form W-4 where you can write in how much more you want withheld.

If you contribute to a retirement account, like a 401(k) or 403(b), that money will come from your pay. The same is true for health savings accounts (HSAs) and flexible spending accounts (FSAs). These medical accounts take pre-tax money, which means the money you pay into them comes out of your pay before taxes are removed. Pre-tax contributions lower your taxable income and could save you money on your taxes right now. Premiums that you pay for an employer-sponsored health or life insurance will also come out of your paycheck. These plans usually take pre-tax money, but check your individual plan’s details to make sure.

Another factor worth noting is the frequency of your paychecks. If you get paid weekly or bi-weekly, your checks will be smaller than if you get paid monthly. The more frequently you get paid, the larger each paycheck is. You still make the same amount of money, assuming the same salary, but longer pay periods could mean more challenges to your monthly budgeting.

A financial advisor can help you understand how taxes fit into your overall financial goals. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now

New Hampshire Median Household Income

YearMedian Household Income
2022$90,845
2021$88,841
2020$88,894
2019$86,900
2018$81,346
2017$75,630
2016$76,260
2015$75,675
2014$73,397
2013$69,099
2012$67,819

New Hampshire does not have any state income tax on wages. The state does tax income from interest and dividends at a flat rate of 4%, though that rate is slowing being phase to 0% over the next few years. There are no local income taxes in any New Hampshire counties or cities.

If you’re considering a move to the Granite State, make sure to take a look at our New Hampshire mortgage guide. It will help you understand mortgage rates and other important mortgage details in the state.

How You Can Affect Your New Hampshire Paycheck

Do you often owe money when you file your taxes? One simple fix is to have your employer withhold a specific extra dollar amount from each of your paychecks.

Furthermore, you can consider increasing how much of your salary you are putting into a 401(k) or another type of retirement account. Upping your contributions will both help you reach your savings goals and lower how much you pay in taxes. This is because money that goes into a 401(k) or 403(b) is taken out of your paycheck before taxes are applied, so you're actually lowering your taxable income. And while New Hampshire doesn’t collect income taxes, you can still save on federal taxes.

Another option is to put more of your paycheck into an HSA or FSA if your employer offers it. One important difference with spending accounts and retirement accounts is that only $610 can roll over from an FSA between 2023 and 2024. That limit will increase to $640 for FSA balances carried over into 2025. That means if you contribute more to an FSA but you don’t use it all within the year, you will lose it. 

On the other hand, if you regularly get a big refund, that’s a problem, too – after all, that’s extra money you could have been using all year. In this case, you might want to consider whether you should adjust your withholding. This will affect how much money is taken from your paycheck.