How much does a Taxi Drivers actually take home in Iowa?
3.9% flat rate — 16.8% 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 Taxi Drivers earning $29,290 in Iowa (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $29,290 | — |
| Federal Income Tax | -$1,530 | 5.2% |
| Iowa State Income Tax | -$1,142 | 3.9% |
| Social Security (OASDI) | -$1,815 | 6.2% |
| Medicare | -$424 | 1.5% |
| Total Taxes | -$4,913 | 16.8% |
| Take-Home Pay | $24,376 | 83.2% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Taxi Drivers in Iowa.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $27,590 | -$4,513 | $23,076 | 16.4% |
| 25th Percentile (P25) | $28,100 | -$4,633 | $23,466 | 16.5% |
| Median (P50) | $29,290 | -$4,913 | $24,376 | 16.8% |
| 75th Percentile (P75) | $33,590 | -$5,926 | $27,663 | 17.6% |
| 90th Percentile (P90) | $33,700 | -$5,952 | $27,747 | 17.7% |
After federal income tax ($1,530), state tax ($1,142), and FICA ($2,240), a Taxi Drivers in Iowa takes home $24,376 per year — or $2,031 per month. The effective tax rate of 16.8% is relatively low compared to the national range.
Where does a Taxi Drivers keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Iowa ranks #22 out of 31 states for Taxi Drivers after-tax take-home pay.
A Taxi Drivers in Iowa earning a median salary of $29,290 will take home approximately $24,376 per year after federal income tax ($1,530), state income tax ($1,142), and FICA ($2,240). That is $2,031 per month or $937 per bi-weekly paycheck.
The effective total tax rate for a Taxi Drivers in Iowa is 16.8%, broken down as: federal income tax 5.2%, 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 Taxi Drivers's median salary of $29,290, the state income tax amounts to $1,142 per year, which is an effective state rate of 3.9%.
After all taxes, a Taxi Drivers in Iowa takes home approximately $2,031 per month, or about $11.72 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 $29,290 for Taxi Drivers 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 — $24,376/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