Last updated: 2025 BLS data · Page refreshed:
How much does a Cost Estimators actually take home in Iowa?
3.9% flat rate — 22.8% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Cost Estimators earning $76,040 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $76,040 | — |
| Federal Income Tax | -$8,569 | 11.3% |
| Iowa State Income Tax | -$2,965 | 3.9% |
| Social Security (OASDI) | -$4,714 | 6.2% |
| Medicare | -$1,102 | 1.4% |
| Total Taxes | -$17,352 | 22.8% |
| Take-Home Pay | $58,687 | 77.2% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Cost Estimators in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $48,740 | -$9,494 | $39,245 | 19.5% |
| 25th Percentile (P25) | $58,450 | -$11,780 | $46,669 | 20.2% |
| Median (P50) | $76,040 | -$17,352 | $58,687 | 22.8% |
| 75th Percentile (P75) | $93,380 | -$23,169 | $70,210 | 24.8% |
| 90th Percentile (P90) | $118,410 | -$31,633 | $86,776 | 26.7% |
After federal income tax ($8,569), state tax ($2,965), and FICA ($5,817), a Cost Estimators in Iowa takes home $58,687 per year — or $4,890 per month. The effective tax rate of 22.8% is relatively low compared to the national range.
With an effective total rate of 22.8%, a Cost Estimators in Iowa keeps $58,688 of $76,040 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 Cost Estimators salary that contributes $2,966 to the 3.9% effective state-tax burden.
Federal tax on this Cost Estimators salary is $8,570 (49%), but combined state ($2,966, 17%) + FICA ($5,817, 34%) make up the other 51% of the bill.
Moving this same Cost Estimators salary to a zero-state-tax state would yield around $61,653 net — a gain of $2,966 (5.1%) per year versus Iowa.
Iowa ranks #34 of 51 states for Cost Estimators after-tax pay — lower half of the national distribution. Either gross wages trail the national median, state tax is elevated, or both.
Translated into paycheck cadences, $58,688 net/year works out to $4,891/month or $2,257/bi-weekly for this Cost Estimators in Iowa — the numbers that actually hit a checking account after every deduction.
Where does a Cost Estimators keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #34 out of 51 states for Cost Estimators after-tax take-home pay.
A Cost Estimators in Iowa earning a median salary of $76,040 will take home approximately $58,687 per year after federal income tax ($8,569), state income tax ($2,965), and FICA ($5,817). That is $4,890 per month or $2,257 per bi-weekly paycheck.
The effective total tax rate for a Cost Estimators in Iowa is 22.8%, broken down as: federal income tax 11.3%, 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 Cost Estimators's median salary of $76,040, the state income tax amounts to $2,965 per year, which is an effective state rate of 3.9%.
After all taxes, a Cost Estimators in Iowa takes home approximately $4,890 per month, or about $28.22 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 $76,040 for Cost Estimators 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 — $58,687/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