How much does a Laborers and Freight, Stock, and Material Movers, Hand actually take home in Iowa?
3.9% flat rate — 18.7% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Laborers and Freight, Stock, and Material Movers, Hand earning $40,550 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $40,550 | — |
| Federal Income Tax | -$2,882 | 7.1% |
| Iowa State Income Tax | -$1,581 | 3.9% |
| Social Security (OASDI) | -$2,514 | 6.2% |
| Medicare | -$587 | 1.5% |
| Total Taxes | -$7,565 | 18.7% |
| Take-Home Pay | $32,984 | 81.3% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Laborers and Freight, Stock, and Material Movers, Hand in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $29,530 | -$4,970 | $24,559 | 16.8% |
| 25th Percentile (P25) | $35,500 | -$6,376 | $29,123 | 18.0% |
| Median (P50) | $40,550 | -$7,565 | $32,984 | 18.7% |
| 75th Percentile (P75) | $46,830 | -$9,044 | $37,785 | 19.3% |
| 90th Percentile (P90) | $49,630 | -$9,703 | $39,926 | 19.6% |
After federal income tax ($2,882), state tax ($1,581), and FICA ($3,102), a Laborers and Freight, Stock, and Material Movers, Hand in Iowa takes home $32,984 per year — or $2,748 per month. The effective tax rate of 18.7% is relatively low compared to the national range.
Where does a Laborers and Freight, Stock, and Material Movers, Hand keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #9 out of 51 states for Laborers and Freight, Stock, and Material Movers, Hand after-tax take-home pay.
A Laborers and Freight, Stock, and Material Movers, Hand in Iowa earning a median salary of $40,550 will take home approximately $32,984 per year after federal income tax ($2,882), state income tax ($1,581), and FICA ($3,102). That is $2,748 per month or $1,268 per bi-weekly paycheck.
The effective total tax rate for a Laborers and Freight, Stock, and Material Movers, Hand in Iowa is 18.7%, broken down as: federal income tax 7.1%, 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 Laborers and Freight, Stock, and Material Movers, Hand's median salary of $40,550, the state income tax amounts to $1,581 per year, which is an effective state rate of 3.9%.
After all taxes, a Laborers and Freight, Stock, and Material Movers, Hand in Iowa takes home approximately $2,748 per month, or about $15.86 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 2024 BLS median salary of $40,550 for Laborers and Freight, Stock, and Material Movers, Hand 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 — $32,984/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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