How much does a Accountants and Auditors actually take home in Iowa?
3.9% flat rate — 22.1% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Accountants and Auditors earning $71,440 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $71,440 | — |
| Federal Income Tax | -$7,557 | 10.6% |
| Iowa State Income Tax | -$2,786 | 3.9% |
| Social Security (OASDI) | -$4,429 | 6.2% |
| Medicare | -$1,035 | 1.5% |
| Total Taxes | -$15,809 | 22.1% |
| Take-Home Pay | $55,630 | 77.9% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Accountants and Auditors in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $48,850 | -$9,520 | $39,329 | 19.5% |
| 25th Percentile (P25) | $59,290 | -$11,978 | $47,311 | 20.2% |
| Median (P50) | $71,440 | -$15,809 | $55,630 | 22.1% |
| 75th Percentile (P75) | $87,440 | -$21,177 | $66,262 | 24.2% |
| 90th Percentile (P90) | $109,200 | -$28,477 | $80,722 | 26.1% |
After federal income tax ($7,557), state tax ($2,786), and FICA ($5,465), a Accountants and Auditors in Iowa takes home $55,630 per year — or $4,635 per month. The effective tax rate of 22.1% is relatively low compared to the national range.
Where does a Accountants and Auditors keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #37 out of 51 states for Accountants and Auditors after-tax take-home pay.
A Accountants and Auditors in Iowa earning a median salary of $71,440 will take home approximately $55,630 per year after federal income tax ($7,557), state income tax ($2,786), and FICA ($5,465). That is $4,635 per month or $2,139 per bi-weekly paycheck.
The effective total tax rate for a Accountants and Auditors in Iowa is 22.1%, broken down as: federal income tax 10.6%, Iowa state tax 3.9%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Iowa has a 3.9% flat rate. On a Accountants and Auditors's median salary of $71,440, the state income tax amounts to $2,786 per year, which is an effective state rate of 3.9%.
After all taxes, a Accountants and Auditors in Iowa takes home approximately $4,635 per month, or about $26.75 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2024 BLS median salary of $71,440 for Accountants and Auditors in Iowa, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Iowa state income tax (3.9% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $55,630/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR