Last updated: 2025 BLS data · Page refreshed:
How much does a Actuaries actually take home in Iowa?
3.9% flat rate — 27.4% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Actuaries earning $128,690 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $128,690 | — |
| Federal Income Tax | -$20,424 | 15.9% |
| Iowa State Income Tax | -$5,018 | 3.9% |
| Social Security (OASDI) | -$7,978 | 6.2% |
| Medicare | -$1,866 | 1.5% |
| Total Taxes | -$35,287 | 27.4% |
| Take-Home Pay | $93,402 | 72.6% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Actuaries in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $81,610 | -$19,221 | $62,388 | 23.6% |
| 25th Percentile (P25) | $99,680 | -$25,283 | $74,396 | 25.4% |
| Median (P50) | $128,690 | -$35,287 | $93,402 | 27.4% |
| 75th Percentile (P75) | $154,270 | -$44,381 | $109,888 | 28.8% |
| 90th Percentile (P90) | $173,480 | -$50,908 | $122,571 | 29.3% |
After federal income tax ($20,424), state tax ($5,018), and FICA ($9,844), a Actuaries in Iowa takes home $93,402 per year — or $7,783 per month. The effective tax rate of 27.4% is moderate compared to the national range.
A Actuaries in Iowa loses 27.4% of gross pay to taxes — higher than the ~25% national midpoint. Of the $128,690 gross, $93,402 lands in the paycheck after federal ($20,424), state ($5,019), and FICA ($9,845) withholding.
Iowa applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Actuaries salary that contributes $5,019 to the 3.9% effective state-tax burden.
Federal income tax ($20,424) accounts for 58% of the total tax bill — the single largest deduction. FICA adds $9,845 (28%), and state tax the remaining $5,019 (14%).
Moving this same Actuaries salary to a zero-state-tax state would yield around $98,421 net — a gain of $5,019 (5.4%) per year versus Iowa.
Iowa ranks #12 of 36 states for Actuaries after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $93,402 net/year works out to $7,784/month or $3,592/bi-weekly for this Actuaries in Iowa — the numbers that actually hit a checking account after every deduction.
Where does a Actuaries keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #12 out of 36 states for Actuaries after-tax take-home pay.
A Actuaries in Iowa earning a median salary of $128,690 will take home approximately $93,402 per year after federal income tax ($20,424), state income tax ($5,018), and FICA ($9,844). That is $7,783 per month or $3,592 per bi-weekly paycheck.
The effective total tax rate for a Actuaries in Iowa is 27.4%, broken down as: federal income tax 15.9%, 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 Actuaries's median salary of $128,690, the state income tax amounts to $5,018 per year, which is an effective state rate of 3.9%.
After all taxes, a Actuaries in Iowa takes home approximately $7,783 per month, or about $44.90 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 2025 BLS median salary of $128,690 for Actuaries 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 — $93,402/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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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