Business Operations Specialists, All Other
Median $38.69 an hour in Iowa · 9,900 jobs
Iowa · 2026 take-home pay
$40 an hour after taxes in Iowa
At $40 an hour in Iowa you keep about $31.18 of every hour — $1,247 a week, $5,404 a month or $64,851 a year full time — after 2026 federal income tax, Social Security, Medicare and Iowa income tax. Iowa has a flat 3.8% income tax, and its minimum wage is $7.25 an hour.
Where $40 an hour goes
| A year | A week | An hour | |
|---|---|---|---|
| Gross pay | $83,200 | $1,600 | $40.00 |
| Federal income tax | −$9,474 | −$182 | −$4.55 |
| Social Security (6.2%) | −$5,158 | −$99 | −$2.48 |
| Medicare (1.45%+) | −$1,206 | −$23 | −$0.58 |
| Iowa income tax | −$2,510 | −$48 | −$1.21 |
| Take-home pay | $64,851 | $1,247 | $31.18 |
Effective tax rate 22.1% · federal bracket 22% · Iowa bracket 3.8%.
Take-home per paycheck
| Paid | Gross | Take-home |
|---|---|---|
| Weekly (52 paychecks) | $1,600.00 | $1,247.14 |
| Every two weeks (26) | $3,200.00 | $2,494.28 |
| Twice a month (24) | $3,466.67 | $2,702.14 |
| Monthly (12) | $6,933.33 | $5,404.28 |
$40 an hour at different hours
Take-home in Iowa for part-time, full-time and overtime weeks. Overtime is paid at 1.5 times $40 an hour for hours over 40, as federal law requires for most hourly workers.
| Schedule | Gross a week | Take-home a week | Take-home a year |
|---|---|---|---|
| 20 hours a week* | $800 | $667 | $34,677 |
| 30 hours a week | $1,200 | $973 | $50,599 |
| 40 hours a week | $1,600 | $1,247 | $64,851 |
| 40 hours + 5 overtime | $1,900 | $1,447 | $75,233 |
| 40 hours + 10 overtime | $2,200 | $1,646 | $85,615 |
*If this is your only job. With a second job, withholding on each is likely too low unless you adjust your W-4.
Is $40 an hour good pay in Iowa?
- Minimum wage: $40 an hour is 5.5 times Iowa's minimum wage of $7.25 an hour.
- Among Iowa workers: It's about the 82nd percentile of hourly pay in Iowa (BLS, May 2025) — roughly 82 in 100 workers earn less. The median is $23.34 an hour.
- Local prices: Iowa's price level is 87.8% of the U.S. average (BEA Regional Price Parities), so $64,851 a year buys about what $73,895 would at national-average prices.
- Rent: the 30% rule points to about $2,080 a month. Check it with your debts.
- A 50/30/20 budget: about $2,702 a month for needs, $1,621 for wants and $1,081 for savings. Plan it in the budget calculator.
Jobs in Iowa that pay about $40 an hour
Occupations whose median wage in Iowa is within 4% of $40 an hour, most common first. Source: BLS OEWS May 2025.
Management Analysts
Median $41.12 an hour in Iowa · 4,150 jobs
Network and Computer Systems Administrators
Median $40.62 an hour in Iowa · 3,110 jobs
Loan Officers
Median $40.23 an hour in Iowa · 2,840 jobs
Dental Hygienists
Median $40.39 an hour in Iowa · 2,440 jobs
Speech-Language Pathologists
Median $38.97 an hour in Iowa · 1,540 jobs
How Iowa compares on $40 an hour
Iowa ranks 15th of 51 for take-home pay on $40 an hour (1st = keeps the most). Here it is next to its neighbors.
| State | After tax, per hour | A year | Minimum wage | vs Iowa |
|---|---|---|---|---|
| Iowa | $31.18 | $64,851 | $7.25 | — |
| Illinois | $30.47 | $63,388 | $15.00 | −$1,463 a year |
| Minnesota | $30.22 | $62,861 | $11.41 | −$1,990 a year |
| Missouri | $30.96 | $64,388 | $15.00 | −$463 a year |
| Nebraska | $30.99 | $64,455 | $15.00 | −$396 a year |
| South Dakota | $32.39 | $67,361 | $11.85 | +$2,510 a year |
| Wisconsin | $30.74 | $63,931 | $7.25 | −$920 a year |
How the federal tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 minus the 2026 standard deduction ($16,100) = $67,100. Each slice is taxed at its own rate:
| Rate | Income in this bracket | Tax |
|---|---|---|
| 10% | $12,400 | $1,240 |
| 12% | $38,000 | $4,560 |
| 22% | $16,700 | $3,674 |
| Total | $67,100 | $9,474 |
How the Iowa income tax on $83,200 ($40 an hour) is worked out
Taxable income is $83,200 of Iowa wages minus $16,100 standard deduction = $67,100.
| Rate | Income in this bracket | Tax |
|---|---|---|
| 3.8% | $67,100 | $2,550 |
| Personal credits | — | −$40 |
| Total | $67,100 | $2,510 |
Common questions
How much is $40 an hour after taxes in Iowa?
About $31.18 for every hour you work, or $64,851 a year at 40 hours a week ($83,200 gross). Taxes take about 22.1% of your pay, for a single filer in 2026 with no pre-tax deductions.
How much is $40 an hour a week after taxes in Iowa?
About $1,247 a week at 40 hours, from $1,600 gross. Paid every two weeks, each paycheck is about $2,494.
How much is $40 an hour a month after taxes in Iowa?
About $5,404 a month at 40 hours a week, from $6,933 gross.
Is $40 an hour good pay in Iowa?
$40 an hour is 5.5 times Iowa's minimum wage of $7.25 an hour. It's about the 82nd percentile of hourly pay in Iowa (BLS, May 2025) — roughly 82 in 100 workers earn less. The median hourly wage for all jobs in Iowa is $23.34. After taxes and local prices, $64,851 a year buys about what $73,895 would at national-average prices.
Is Iowa a high-tax state for $40 an hour?
It ranks 15th of 51 among the 50 states and D.C. for take-home on $40 an hour. The most you'd keep is $67,361 a year, in 7 places including Florida, New Hampshire, Nevada; the least, $61,101 in Oregon.
More hourly rates
Sources and method
Our 2026 engine applies IRS Publication 15-T withholding, Social Security and Medicare, Iowa's income tax rules (methodology). Local income taxes are not included. Minimum wages: U.S. Department of Labor. Wage distribution and jobs: BLS OEWS May 2025. Price levels: BEA Regional Price Parities.
- Publication 15-T (2026), Federal Income Tax Withholding Methods — Internal Revenue Service. Accessed October 14, 2026.
- State Minimum Wage Laws — U.S. Department of Labor, Wage and Hour Division. Accessed October 14, 2026.
- Occupational Employment and Wage Statistics, May 2025 — U.S. Bureau of Labor Statistics. Accessed October 14, 2026.
- Regional Price Parities by State — U.S. Bureau of Economic Analysis. Accessed October 14, 2026.