$42.50 an hour after taxes in Minnesota
$42.50 an hour is $88,400 a year before tax at 40 hours a week. After 2026 federal, FICA and Minnesota taxes:
You keep
$66,140
a year after taxes
- Every two weeks
- $2,544
- A month
- $5,512
- Effective tax rate
- 25.2%
MN Income tax rates from 5.35% to 9.85%
| Line | Every two weeks | Year |
|---|---|---|
GROSS Gross pay |
$3,400.00 | $88,400.00 |
FED Federal income tax |
-$408.38 | -$10,618.00 |
OASDI Social Security tax |
-$210.80 | -$5,480.80 |
MED Medicare tax |
-$49.30 | -$1,281.80 |
ST Minnesota income tax |
-$172.73 | -$4,490.92 |
PFML Minnesota Paid Leave (employee share, new 1 Jan 2026) |
-$14.96 | -$388.96 |
NET Take-home pay | $2,543.83 | $66,139.53 |
$42.50 an hour per paycheck, month and day in Minnesota
| Period | Gross | Taxes | Take-home |
|---|---|---|---|
| Year | $88,400 | -$22,260 | $66,140 |
| Month | $7,367 | -$1,855 | $5,512 |
| Every two weeks | $3,400 | -$856 | $2,544 |
| Week | $1,700 | -$428 | $1,272 |
| Day | $340 | -$86 | $254 |
Biweekly means 26 paychecks a year. A day is one of 260 working days (five a week). "Taxes and deductions" includes every line on the stub above.
If you work more or fewer hours
| Hours a week | Yearly gross | Yearly take-home |
|---|---|---|
| 20 | $44,200 | $35,951 |
| 25 | $55,250 | $44,094 |
| 30 | $66,300 | $52,172 |
| 35 | $77,350 | $59,166 |
| 40 | $88,400 | $66,140 |
| 45 (5 overtime) | $104,975 | $77,816 |
| 50 (10 overtime) | $121,550 | $89,491 |
From 2026, federal income tax exempts the overtime premium (the extra half of time-and-a-half) up to $12,500 a year for single filers. Social Security, Medicare and Minnesota tax still apply to it in this estimate.
What $42.50 an hour affords in Minnesota
- Rent at 30% of gross pay
- $2,210 a month
- Needs (50% of take-home)
- $2,756 a month
- Wants (30%)
- $1,653 a month
- Savings and debt (20%)
- $1,102 a month
The 30% rule is the benchmark HUD uses for housing cost burden. The 50/30/20 split applies to the $5,512 monthly take-home figure above.
How Minnesota compares
Minnesota's rates run from 5.35% to 9.85%, and your last dollar here is taxed at 6.8%. On $42.50 an hour ($88,400 a year) the state takes $4,491 in income tax (5.1% of gross) plus $389 in required state payroll contributions (Minnesota Paid Leave (employee share, new 1 Jan 2026)), the 48th lowest of 51 jurisdictions.
| State | State taxes | Take-home a year |
|---|---|---|
| Minnesota | $4,880 | $66,140 |
| Iowa | $2,707 | $68,312 |
| North Dakota | $443 | $70,576 |
| South Dakota | $0 | $71,019 |
| Wisconsin | $3,739 | $67,280 |
| California | $5,125 | $65,894 |
| Texas | $0 | $71,019 |
Questions people ask about $42.50 an hour in Minnesota
How much is $42.50 an hour a year after taxes in Minnesota?
Working 40 hours a week for 52 weeks, $42.50 an hour is $88,400 before tax. After $10,618 federal income tax, $6,763 Social Security and Medicare, and $4,880 in Minnesota state taxes, you take home $66,140 a year as a single filer in 2026.
How much is $42.50 an hour biweekly after taxes in Minnesota?
$42.50 an hour is $3,400 gross every two weeks. After taxes a biweekly paycheck comes to about $2,544.
$42.50 an hour is how much a month?
$42.50 an hour is $7,367 a month before tax and about $5,512 after tax in Minnesota, averaged over 12 months.
How much rent can I afford on $42.50 an hour?
The 30% rule puts rent at $2,210 a month on $7,367 gross. Budgeting from take-home pay with 50/30/20, all needs including rent get $2,756.
How much is $42.50 an hour with overtime in Minnesota?
At 50 hours a week (10 hours at $63.75), you earn $121,550 a year and keep $89,491. The 2026 federal overtime deduction takes $11,050 of overtime premium out of federal taxable income; Social Security and Medicare still apply.
How much Minnesota state tax comes out of $42.50 an hour?
$4,491 a year, or $173 per biweekly paycheck, in Minnesota income tax, plus $389 a year in state payroll contributions. Local income taxes, where they exist, are not included.
Try your own numbers
Sources and assumptions
Tax year 2026. Annual tax for a filer with no dependents, no other income and no credits, working 52 weeks. Hours over 40 a week are paid at 1.5×. Local income taxes are not included. How we calculate.
- IRS Revenue Procedure 2025-32: federal brackets and standard deduction (retrieved 2026-09-26)
- Social Security Administration: 2026 wage base; IRS: Medicare and Additional Medicare Tax
- Minnesota tax source (retrieved 2026-09-26; some 2026 amounts projected until the state publishes them, see the data notes)