How much does a Psychiatrists actually take home in Iowa?
3.9% flat rate — 29.4% 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 Psychiatrists earning $204,420 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $204,420 | — |
| Federal Income Tax | -$38,599 | 18.9% |
| Iowa State Income Tax | -$7,972 | 3.9% |
| Social Security (OASDI) | -$10,453 | 5.1% |
| Medicare | -$3,003 | 1.5% |
| Total Taxes | -$60,028 | 29.4% |
| Take-Home Pay | $144,391 | 70.6% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Psychiatrists in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $76,540 | -$17,520 | $59,019 | 22.9% |
| 25th Percentile (P25) | $149,810 | -$42,795 | $107,014 | 28.6% |
| Median (P50) | $204,420 | -$60,028 | $144,391 | 29.4% |
After federal income tax ($38,599), state tax ($7,972), and FICA ($13,457), a Psychiatrists in Iowa takes home $144,391 per year — or $12,032 per month. The effective tax rate of 29.4% is moderate compared to the national range.
Where does a Psychiatrists keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #12 out of 22 states for Psychiatrists after-tax take-home pay.
A Psychiatrists in Iowa earning a median salary of $204,420 will take home approximately $144,391 per year after federal income tax ($38,599), state income tax ($7,972), and FICA ($13,457). That is $12,032 per month or $5,553 per bi-weekly paycheck.
The effective total tax rate for a Psychiatrists in Iowa is 29.4%, broken down as: federal income tax 18.9%, Iowa state tax 3.9%, and FICA (Social Security + Medicare) 6.6%. This assumes a single filer with the standard deduction for 2024.
Iowa has a 3.9% flat rate. On a Psychiatrists's median salary of $204,420, the state income tax amounts to $7,972 per year, which is an effective state rate of 3.9%.
After all taxes, a Psychiatrists in Iowa takes home approximately $12,032 per month, or about $69.42 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 $204,420 for Psychiatrists 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 — $144,391/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