Effective Tax Rates: How Much You Really Pay In Taxes
Calculating effective tax rates isn’t as simple as just multiplying income by tax bracket. See what the average person really pays in taxes.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.
He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

Calculating effective tax rates isn’t as simple as just multiplying income by tax bracket. See what the average person really pays in taxes.

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Satisfactory Academic Progress (SAP) is a measure of making sufficient progress towards a degree and matters for financial aid. Learn more.

If you’re working in the US on a visa and have a student loan, here are the ways to refinance an international student loan to save money.
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