Tennessee Paycheck Calculator

Utilize Federal Pension Advisors' Tennessee paycheck calculator to determine your take-home pay per paycheck for both salaried and hourly positions, accounting for federal, state, and local taxes.

State

Earnings

Gross Pay Method

Gross Pay

Federal Taxes

Federal Filing Status

Dependents Amount

Other Income

Deductions

Additional Federal Withholding

Note: The results provided by this calculator are estimates and should not be considered as financial advice. For precise calculations and personalized advice, please consult with a financial professional.

Tennessee-Taxes: An Overview

Tennessee has a state income tax of 7%. Before 2021, the state did tax interest and dividend income at a flat rate. No cities in Tennessee charge local income taxes.

Here are some quick facts about paychecks in Tennessee:

Tennessee have a state income tax is 7%
The average household income in Tennessee is $64,035, based on the U.S. Census Bureau data
No cities in Tennessee charge local income taxes

Understanding Your Tennessee Paycheck

In Tennessee, like everywhere else in the U.S., you need to pay federal income tax and FICA taxes, which include Social Security and Medicare taxes. Your employer usually matches these amounts. If you earn above certain income thresholds, you'll also pay an additional Medicare surtax on the amount exceeding these thresholds. This additional surtax is not matched by your employer.

If you’re self-employed or an independent contractor, you have to pay the full FICA taxes yourself, including both the employee and employer portions. However, you may be able to get a deduction for the "employer" part of your FICA taxes when you file your taxes.

Federal income tax is also taken from your paycheck and sent to the IRS, where it helps fund various government programs. When you start a new job, you’ll fill out a W-4 form to let your employer know how much federal income tax to withhold based on your filing status and income. If your information changes, you need to update your W-4. You can also choose to have an extra amount withheld from your paycheck if you want to adjust your tax bill.

Recently, the W-4 form has changed. It no longer uses allowances or lets you claim dependents or personal exemptions. Instead, it now has a five-step process where you enter amounts for other income and deductions.

Tennessee Median Household Income

Year	Median Household Income
2022	$81,370
2021	$74,982
2020	$80,175
2019	$70,151
2018	$62,266
2017	$65,401
2016	$61,528
2015	$55,701
2014	$58,633
2013	$56,323
2012	$56,065
2022	$63,623
2021	$62,542
2020	$60,341
2019	$62,028
2018	$57,444
2017	$54,537
2016	$54,336
2015	$46,360
2014	$44,929
2013	$43,563
2012	$44,401
2022	$64,035
2021	$62,166
2020	$54,975
2019	$56,627
2018	$56,060
2017	$55,306
2016	$51,344
2015	$47,330
2014	$43,716
2013	$43,361
2012	$42,995

Using paycheck calculators, such as the paycheck calculator Tennessee or the Vermont paycheck calculator, can help you understand how often you get paid and how taxes will impact your take-home pay.

How You Can Affect Your Tennessee Paycheck

In Tennessee, while you can't control everything that affects your paycheck, there are some choices you can make that will impact the amount you receive throughout the year.

For example, if you choose to pay for health or life insurance through your employer's plan, those premiums are taken out of your wages before taxes. This means your taxable income is lower, which can reduce your overall tax bill.

Since Tennessee doesn’t have state or local income taxes, you don’t need to worry about those. However, you can still reduce your federal tax bill by putting money into tax-advantaged accounts like a 401(k) or 403(b). This way, you save money on taxes now, even though your paycheck will be smaller because the money goes into these accounts before taxes are taken out.

If you have regular medical expenses, you might also consider using a health savings account (HSA) or a flexible spending account (FSA). These accounts can also lower your taxable income. But keep in mind that with an FSA, you’ll lose any money over $500 if you don’t use it by the end of the year. This limit increases to $610 in 2024 and $650 in 2025.

Most Paycheck Friendly Places in Tennessee

Rank	County, State	Semi-Monthly Paycheck	Purchasing Power	Unemployment Rate	Income Growth	Most Paycheck Friendly Index
1	Williamson County, TN	$2,487	3.05	2.4%	3.07%	94.09
2	Moore County, TN	$2,487	2.16	2.5%	5.58%	88.44
3	Wilson County, TN	$2,487	2.15	2.6%	5.33%	87.95
4	Maury County, TN	$2,487	2.01	3.0%	5.99%	86.58
5	Roane County, TN	$2,487	1.98	3.7%	7.26%	86.27
6	Lincoln County, TN	$2,487	1.89	3.2%	6.96%	86.12
7	Blount County, TN	$2,487	1.97	3.1%	5.45%	85.48
8	Fayette County, TN	$2,487	2.15	3.5%	4.49%	85.38
9	Marshall County, TN	$2,487	1.93	3.3%	5.98%	85.33
10	Meigs County, TN	$2,487	1.79	4.4%	9.10%	85.08
Tennessee		$2,487	1.70	3.7%	4.60%

Why Use a Paycheck Calculator Tennessee?

Understanding your take-home pay is essential for effective budgeting and financial planning. A Tennessee paycheck calculator simplifies this process by accurately determining your net pay. It considers various deductions such as federal taxes, Social Security, Medicare, and any pre-tax deductions like health insurance or retirement contributions. Using a calculator tailored to tax regulations, such as the Paycheck Calculator Vermont or the Paycheck Calculator Virginia, ensures that all relevant state-specific factors are included in your calculations.

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