Summary
If you make $23,500 a year living in the region of Oregon, USA, you will be taxed $4,629. That means that your net pay will be $18,871 per year, or $1,573 per month. Your average tax rate is 19.7% and your marginal tax rate is 26.3%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $26.26, hence, your net pay will only increase by $73.74.
Bonus Example
A $1,000 bonus will generate an extra $737 of net incomes. A $5,000 bonus will generate an extra $3,687 of net incomes.