Last updated: 2025 BLS data · Page refreshed:
How much does a Compensation and Benefits Managers actually take home in Iowa?
3.9% flat rate — 26.7% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Compensation and Benefits Managers earning $118,250 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $118,250 | — |
| Federal Income Tax | -$17,918 | 15.2% |
| Iowa State Income Tax | -$4,611 | 3.9% |
| Social Security (OASDI) | -$7,331 | 6.2% |
| Medicare | -$1,714 | 1.4% |
| Total Taxes | -$31,576 | 26.7% |
| Take-Home Pay | $86,673 | 73.3% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Compensation and Benefits Managers in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $77,000 | -$17,674 | $59,325 | 23.0% |
| 25th Percentile (P25) | $94,640 | -$23,592 | $71,047 | 24.9% |
| Median (P50) | $118,250 | -$31,576 | $86,673 | 26.7% |
| 75th Percentile (P75) | $167,940 | -$49,241 | $118,698 | 29.3% |
| 90th Percentile (P90) | $202,600 | -$59,478 | $143,121 | 29.4% |
After federal income tax ($17,918), state tax ($4,611), and FICA ($9,046), a Compensation and Benefits Managers in Iowa takes home $86,673 per year — or $7,222 per month. The effective tax rate of 26.7% is moderate compared to the national range.
A Compensation and Benefits Managers in Iowa loses 26.7% of gross pay to taxes — higher than the ~25% national midpoint. Of the $118,250 gross, $86,674 lands in the paycheck after federal ($17,918), state ($4,612), and FICA ($9,046) withholding.
Iowa applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Compensation and Benefits Managers salary that contributes $4,612 to the 3.9% effective state-tax burden.
Federal income tax ($17,918) accounts for 57% of the total tax bill — the single largest deduction. FICA adds $9,046 (29%), and state tax the remaining $4,612 (15%).
Moving this same Compensation and Benefits Managers salary to a zero-state-tax state would yield around $91,285 net — a gain of $4,612 (5.3%) per year versus Iowa.
Iowa sits near the bottom (#34 of 45) for Compensation and Benefits Managers after-tax earnings. Relocation, negotiation, or credential stacking typically show the clearest ROI in bottom-quartile states.
Translated into paycheck cadences, $86,674 net/year works out to $7,223/month or $3,334/bi-weekly for this Compensation and Benefits Managers in Iowa — the numbers that actually hit a checking account after every deduction.
Where does a Compensation and Benefits Managers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #34 out of 45 states for Compensation and Benefits Managers after-tax take-home pay.
A Compensation and Benefits Managers in Iowa earning a median salary of $118,250 will take home approximately $86,673 per year after federal income tax ($17,918), state income tax ($4,611), and FICA ($9,046). That is $7,222 per month or $3,333 per bi-weekly paycheck.
The effective total tax rate for a Compensation and Benefits Managers in Iowa is 26.7%, broken down as: federal income tax 15.2%, 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 Compensation and Benefits Managers's median salary of $118,250, the state income tax amounts to $4,611 per year, which is an effective state rate of 3.9%.
After all taxes, a Compensation and Benefits Managers in Iowa takes home approximately $7,222 per month, or about $41.67 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 $118,250 for Compensation and Benefits Managers 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 — $86,673/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