IA
Iowa Income Tax Guide
Iowa has a flat 5.7% income tax rate after recent reforms. Some school districts levy local taxes.
Top Tax Rate
5.7%
State income tax
Average Salary
$54,000
Annual average
Cost of Living
90
100 = national avg
Local Taxes
Yes
City/county taxes
Key Highlights
- Flat tax rate (recent reform)
- Low cost of living
- Strong agricultural economy
Major Cities
Des Moines
Cedar Rapids
Davenport
Sioux City
Estimated Take-Home on $54,000
Gross Annual
$54,000
Federal Tax (est.)
-$6,480
State Tax (5.7%)
-$3,078
FICA (7.65%)
-$4,131
Net Take-Home
$40,311
$3,359/month
Iowa Tax Calculator
Pre-filled with Iowa's 5.7% top rate
Compare With Other States
See how Iowa compares to nearby and similar states