Last updated: 2025 BLS data · Page refreshed:
How much does a Brokerage Clerks actually take home in Iowa?
3.9% flat rate — 20.0% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Brokerage Clerks earning $56,360 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $56,360 | — |
| Federal Income Tax | -$4,779 | 8.5% |
| Iowa State Income Tax | -$2,198 | 3.9% |
| Social Security (OASDI) | -$3,494 | 6.2% |
| Medicare | -$817 | 1.5% |
| Total Taxes | -$11,288 | 20.0% |
| Take-Home Pay | $45,071 | 80.0% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Brokerage Clerks in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $27,510 | -$4,494 | $23,015 | 16.3% |
| 25th Percentile (P25) | $48,930 | -$9,539 | $39,390 | 19.5% |
| Median (P50) | $56,360 | -$11,288 | $45,071 | 20.0% |
| 75th Percentile (P75) | $60,560 | -$12,277 | $48,282 | 20.3% |
| 90th Percentile (P90) | $70,970 | -$15,651 | $55,318 | 22.1% |
After federal income tax ($4,779), state tax ($2,198), and FICA ($4,311), a Brokerage Clerks in Iowa takes home $45,071 per year — or $3,755 per month. The effective tax rate of 20.0% is relatively low compared to the national range.
With an effective total rate of 20.0%, a Brokerage Clerks in Iowa keeps $45,071 of $56,360 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Iowa applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Brokerage Clerks salary that contributes $2,198 to the 3.9% effective state-tax burden.
Federal tax on this Brokerage Clerks salary is $4,779 (42%), but combined state ($2,198, 19%) + FICA ($4,312, 38%) make up the other 58% of the bill.
A Brokerage Clerks earning this gross in a no-income-tax state (e.g., Texas, Florida) would take home approximately $47,269 — only $2,198 (4.9%) more than in Iowa.
Iowa sits near the bottom (#38 of 40) for Brokerage Clerks after-tax earnings. Relocation, negotiation, or credential stacking typically show the clearest ROI in bottom-quartile states.
Translated into paycheck cadences, $45,071 net/year works out to $3,756/month or $1,734/bi-weekly for this Brokerage Clerks in Iowa — the numbers that actually hit a checking account after every deduction.
Where does a Brokerage Clerks keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #38 out of 40 states for Brokerage Clerks after-tax take-home pay.
A Brokerage Clerks in Iowa earning a median salary of $56,360 will take home approximately $45,071 per year after federal income tax ($4,779), state income tax ($2,198), and FICA ($4,311). That is $3,755 per month or $1,733 per bi-weekly paycheck.
The effective total tax rate for a Brokerage Clerks in Iowa is 20.0%, broken down as: federal income tax 8.5%, 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 Brokerage Clerks's median salary of $56,360, the state income tax amounts to $2,198 per year, which is an effective state rate of 3.9%.
After all taxes, a Brokerage Clerks in Iowa takes home approximately $3,755 per month, or about $21.67 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 $56,360 for Brokerage Clerks 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 — $45,071/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
Some links are affiliate links. See our disclosure.
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