Ohio Salary Paycheck Calculator
Are you interested in your take-home pay in Ohio?
Our Ohio Salary Paycheck Calculator provides a precise estimate of your net income after deductions. Whether you’re a current resident or considering relocating to the Bay State, knowing how your paycheck is distributed can help you manage your finances effectively.
Gross To Net Calculator
The amount that remains after these deductions are considered your net pay.
Ohio Taxes: What You Need to Know
Ohio has a progressive income tax system with four tax brackets. Their state income tax system has streamlined its rates from 0% to 3.75% across four brackets, down from five in previous years.
The highest rate was recently lowered from 3.99% to 3.75%. These brackets apply uniformly to all taxpayers, regardless of their filing status. The first bracket includes income up to $26,050, while the highest bracket applies to any income exceeding $115,300.
Additionally, many cities and villages in Ohio impose their own municipal income taxes, with 439 municipalities participating. This means your wages will also likely be subject to a local income tax rate.
Here’s a detailed description of the various tax withholdings and deductions in Ohio, followed by a table summarizing the tax percentages:
Federal, State, and Local Tax Withholding
- Federal Tax Withholding: Employers withhold federal income tax based on the employee’s W-4 form, which includes information about filing status and number of dependents. The federal tax rates range from 10% to 37%.
- State Tax Withholding: Ohio has a progressive state income tax system with rates ranging from 0% to 3.75%. The lowest bracket applies to income up to $26,050, while the highest bracket applies to income above $115,300.
- Local Tax Withholding: Many cities and villages in Ohio impose their local income taxes, ranging from 0.50% to 3%.
FICA & State Insurance Taxes
- FICA Taxes: These include Social Security and Medicare taxes. The Social Security tax rate is 6.2% on earnings up to $160,200, and the Medicare tax rate is 1.45% on all earnings. A 0.9% Medicare tax applies to earnings over $200,000 for single filers.
- State Insurance Taxes: These may include unemployment insurance and workers’ compensation. The specific rates can vary.
Pre-Tax Deductions
- Medical Insurance: Premiums for health insurance plans are often deducted from an employee’s paycheck before taxes are applied, reducing taxable income.
- 401(k) Contributions: Contributions to a 401(k) retirement plan are also pre-tax, meaning they are deducted from gross income before taxes are calculated.
- Other Pre-Tax Deductions include contributions to Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and transportation benefits.
Tax Percentage Table
| Tax Type | Percentage |
| Federal Income Tax | 10% – 37% |
| Ohio State Income Tax | 0% – 3.75% |
| Local Income Tax | 0.50% – 3% |
| Social Security Tax | 6.2% (up to $160,200) |
| Medicare Tax | 1.45% (additional 0.9% over $200,000) |
| Unemployment Insurance | Varies |
| Workers’ Compensation | Varies |
| 401(k) Contributions | Up to $23,000 (pre-tax) |
| Health Insurance Premiums | Varies (pre-tax)
|
Median household income in Ohio
According to Statista, in 2023, the median household income in Ohio was 73,770 U.S. dollars. This was an increase from the previous year when it was 67,520 U.S. dollars, and it has been increasing since 1990.
Ohio Tax Brackets 2024
Ohio’s new budget reduced the number of tax brackets for individual taxpayers starting in 2024. Here’s a table summarizing the Ohio state income tax brackets for 2024 based on the latest information:
| Income Range | Tax Rate |
| $0 – $26,050 | 0% |
| $26,050 – $46,100 | 2.77% |
| $46,100 – $92,150 | 3.23% |
| $92,150 – $115,300 | 3.69% |
| Over $115,300 | 3.99% |
These brackets apply to single filers, married filing jointly, and head of household filers.
For a better understanding, let’s calculate the Ohio state income tax for an individual earning $50,000 in 2024.
- Income Range: $0 – $26,050
Tax Rate: 0%
Tax: $26,050 * 0% = $0
- Income Range: $26,050 – $46,100
Tax Rate: 2.77%
Tax: ($46,100 – $26,050) * 2.77% = $20,050 * 2.77% = $555.39
- Income Range: $46,100 – $50,000
Tax Rate: 3.23%
Tax: ($50,000 – $46,100) * 3.23% = $3,900 * 3.23% = $125.97
Total Tax: $0 (first range) + $555.39 (second range) + $125.97 (third range) = $681.36
So, an individual earning $50,000 in Ohio would pay approximately $681.36 in state income tax for 2024.
Frequently Asked Questions
Yes, the Ohio Paycheck Calculator, including the one provided by KEKA, accounts for local taxes. Ohio has numerous cities and villages that impose local and state income taxes, which can range from 0.50% to 3%. The KEKA paycheck calculator includes these local taxes to estimate your take-home pay accurately.
Ohio allows for several specific deductions, including:
- Military Deductions: Certain military pay is exempt from Ohio income tax.
- Education Expenses: Deductions for tuition and fees paid to Ohio colleges and universities.
- Medical Savings Accounts: Contributions to Ohio medical savings accounts are deductible.
- 529 Plan Contributions: Contributions to Ohio’s 529 college savings plans are deductible.
Yes, reputable paycheck calculators like the one from KEKA are regularly updated to reflect the latest tax laws. This includes changes in federal, state, and local tax rates and any new tax regulations.
Ohio’s state income tax is based on your federal adjusted gross income (AGI), which incorporates certain federal deductions. However, Ohio does not allow separate itemized deductions on state tax returns. This means that while federal deductions can reduce your AGI, Ohio does not provide additional deductions beyond those adjustments.
When using the KEKA paycheck calculator, you can account for multiple jobs or additional income sources by entering the combined income from all sources. The calculator will then apply the appropriate tax rates to the total income. Additionally, you can adjust your withholding on your W-4 form to ensure the correct amount of tax is withheld from each paycheck.
Pre-tax deductions such as health insurance premiums, retirement contributions (e.g., 401(k)), and flexible spending accounts (FSA) are considered by the KEKA paycheck calculator. These deductions reduce your taxable income, lowering the amount of tax withheld from your paycheck.
To adjust the KEKA paycheck calculator for filing jointly with your spouse, select the “Married Filing Jointly” option in the filing status section. This will apply the appropriate tax brackets and rates for joint filers, ensuring an accurate calculation of your combined take-home pay.
