Here’s an easy way to calculate take home pay, even before accepting job. After paycheck deductions, we’re left with about 70% of our gross income. We can use this 0.7 to multiply our gross pay to find the amount of money we’ll take home.This is helpful when deciding to take a new job, budgeting for the month, or calculating the raise you’d need to meet financial goals. Your net pay % may be vary a bit from 70% if you carry a family health plan, opt out of dental coverage, contribute to a 401(k)