Residency Salary Calculator
Estimate your residency salary and take-home pay by specialty, state, and PGY year.
Compensation inputs
Assumes linear PGY raise of $3,200 per year.
Results
Calculated in real time as you update inputs.
Monthly Take-Home
$4,477
After estimated federal and state taxes
Annual Gross Salary
$62,000
Total Estimated Taxes
$8,271
Includes federal (approx) + state @ 4.5%
Effective Tax Rate
13.3%
Cost-of-Living Adjusted
$62,000
Adjusted by multiplier 1
Vs. National Average
-3.1%
National average set to $64,000
Explanation
Assumptions: linear PGY raises ($3,200 per year), standard deduction single filer, simplified federal brackets, and state effective rates applied to gross income. Cost-of-living multipliers are coarse regional estimates; adjust for your city if needed.
No external data sources or APIs are used; all estimates are computed locally.