Last updated: 2025 BLS data · Page refreshed:
How much does a Foundry Mold and Coremakers actually take home in Iowa?
3.9% flat rate — 19.5% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Foundry Mold and Coremakers earning $49,060 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $49,060 | — |
| Federal Income Tax | -$3,903 | 8.0% |
| Iowa State Income Tax | -$1,913 | 3.9% |
| Social Security (OASDI) | -$3,041 | 6.2% |
| Medicare | -$711 | 1.5% |
| Total Taxes | -$9,569 | 19.5% |
| Take-Home Pay | $39,490 | 80.5% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Foundry Mold and Coremakers in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $43,250 | -$8,201 | $35,048 | 19.0% |
| 25th Percentile (P25) | $43,250 | -$8,201 | $35,048 | 19.0% |
| Median (P50) | $49,060 | -$9,569 | $39,490 | 19.5% |
| 75th Percentile (P75) | $54,920 | -$10,949 | $43,970 | 19.9% |
| 90th Percentile (P90) | $57,580 | -$11,576 | $46,003 | 20.1% |
After federal income tax ($3,903), state tax ($1,913), and FICA ($3,753), a Foundry Mold and Coremakers in Iowa takes home $39,490 per year — or $3,290 per month. The effective tax rate of 19.5% is relatively low compared to the national range.
A Foundry Mold and Coremakers in Iowa faces an effective total tax rate of only 19.5%, keeping 80.5% of every gross dollar. That leaves $39,490 net out of $49,060 gross — a favorable outcome compared to states with combined rates above 30%.
Iowa applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Foundry Mold and Coremakers salary that contributes $1,913 to the 3.9% effective state-tax burden.
Federal tax on this Foundry Mold and Coremakers salary is $3,903 (41%), but combined state ($1,913, 20%) + FICA ($3,753, 39%) make up the other 59% of the bill.
A Foundry Mold and Coremakers earning this gross in a no-income-tax state (e.g., Texas, Florida) would take home approximately $41,404 — only $1,913 (4.8%) more than in Iowa.
Iowa ranks #12 of 33 states for Foundry Mold and Coremakers after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $39,490 net/year works out to $3,291/month or $1,519/bi-weekly for this Foundry Mold and Coremakers in Iowa — the numbers that actually hit a checking account after every deduction.
Where does a Foundry Mold and Coremakers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #12 out of 33 states for Foundry Mold and Coremakers after-tax take-home pay.
A Foundry Mold and Coremakers in Iowa earning a median salary of $49,060 will take home approximately $39,490 per year after federal income tax ($3,903), state income tax ($1,913), and FICA ($3,753). That is $3,290 per month or $1,518 per bi-weekly paycheck.
The effective total tax rate for a Foundry Mold and Coremakers in Iowa is 19.5%, broken down as: federal income tax 8.0%, 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 Foundry Mold and Coremakers's median salary of $49,060, the state income tax amounts to $1,913 per year, which is an effective state rate of 3.9%.
After all taxes, a Foundry Mold and Coremakers in Iowa takes home approximately $3,290 per month, or about $18.99 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 $49,060 for Foundry Mold and Coremakers 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 — $39,490/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