💰 Salary & Take-Home Pay Calculators Iowa

$120,000 Salary After Taxes in Iowa

How much is $120,000 after taxes in Iowa? Calculate take-home pay with federal, Iowa state tax, Social Security, and Medicare deductions.

Free — No Sign-up Verified Data Editorially Reviewed Updated
Iowa Quick Facts
3.8% Income Tax Rate
1.57% Property Tax Rate
$65,573 Median Income
90.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator computes take-home pay on a $120,000 salary in Iowa. Federal tax uses 2026 brackets with a standard deduction of $15,700. Iowa has a flat 3.8% state income tax. FICA includes Social Security (6.2% up to $168,600) and Medicare (1.45% + 0.9% additional above $200K).

Key State Information

On a $120,000 salary in Iowa: Iowa's flat rate of 3.8% means you'd pay approximately $4,560 in state tax. Cost of living index: 90.1/100.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
IRS, Tax Foundation
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much is $120,000 after taxes in Iowa?

On a $120,000 salary in Iowa, your approximate take-home pay depends on filing status, deductions, and pre-tax contributions. Use this calculator with your specific details.

Is $120,000 a good salary in Iowa?

With a cost of living index of 90.1 (100 = national average) and median household income of $65,573, a $120,000 salary is well above average in Iowa.

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