SOC 13-2011

Accountant & Auditor Salary in Iowa City, IA (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + IA
COL Index: 97.58 (-2.4% vs US)
Net Compensation Yield 74.6% Realized
$56,036 / net annual direct deposit
Gross Adjusted $75,100 $36.11/hr
Effective Tax Drag 19.38% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$14,558 $559.92/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $36.11 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$4,506/yr)
0% Tax Shield: ~$991/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$6,701
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$4,656
Medicare Hospital Insurance
Statutory 1.45%
-$1,089
Iowa Individual Income Tax
State Marginal Bracket
-$2,031
Iowa City school district surtax
LOCAL
-$81
Net Take-Home Annual Realized
$56,036 ($2,155.24 / check)
Category 2 of 6

Iowa City, IA Accountant & Auditor Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $75,100
MIDDLE 50% (IQR RANGE) 10th $50.3k 25th $63.2k Median: $75,100 50th (Median) $75.1k 75th $96.3k 90th $116k You: $75,100
10th (Entry) $50,330 $24.20/hr
25th (Junior) $63,190 $30.38/hr
50th (Median) $75,100 $36.11/hr
75th (Senior) $96,260 $46.28/hr
90th (Lead/Master) $115,830 $55.69/hr
Career Progression & Licensing Milestones for Accountant & Auditor in Iowa City, IA
1
Staff AccountantBachelor's degree (most common O*NET requirement); entry into the field
$50,258$24.16/hr · 0-2 Years
2
Senior AccountantDemonstrated results in role; works independently on core responsibilities; CPA license
$60,130$28.91/hr · 2-5 Years
3
Accounting ManagerFull professional competence; leads projects or a small team; CPA license
$75,118$36.11/hr · 5-9 Years
4
Corporate ControllerOwns budget, hiring and outcomes for a department or large program
$98,542$47.38/hr · 9-14 Years
5
Vice President of FinanceExecutive or principal scope; sets strategy across the organization or profession
$129,325$62.18/hr · 14+ Years
Adjacent Career Pivots & National Pay Differences
Financial Managers+$82,890/yr
National median: $166,570
Skill overlap: 94%View Salary
Financial Examiners+$10,480/yr
National median: $94,160
Skill overlap: 93%
Tax Preparers-$28,760/yr
National median: $54,920
Skill overlap: 93%
Bookkeeping, Accounting, and Auditing Clerks-$33,010/yr
National median: $50,670
Skill overlap: 89%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Iowa City, IA under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
21% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,002/month Requires minimum annual gross of $40,080
HUD Fair Market Rent (2-Bedroom) $1,180/month Requires minimum annual gross of $47,200
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $21.58/hr
Per adult, 2 working adults + 1 child: $19.61/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Iowa City, IA.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$75,100-$14,558$56,036$2,155.24
+5h Overtime/Wk45 hrs$89,181-$19,070$64,760$2,490.78
+10h Overtime/Wk50 hrs$103,263-$23,582$73,484$2,826.32
+15h Overtime/Wk55 hrs$117,344-$28,095$82,208$3,161.86
+20h Overtime/Wk60 hrs$131,425-$32,642$90,898$3,496.06
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Accountant & Auditor in Iowa City, IA: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Iowa tax codes.

Market Baseline
$75,100/yr
$36.11/hr · SOC 13-2011
Statutory Tax Drag
19.38% Effective
-$14,558 in Total Taxes
HUD 1BR Shelter Ratio
21% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$3,668/mo
Post-$1,002/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 13-2011
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Accountant & Auditor in Iowa City, IA: Market Snapshot

Accountant & Auditor roles in Iowa City, IA report a median annual wage of $75,100, 10.3% below the national median of $83,680. The 10th to 90th percentile band runs from $50,330 to $115,830, and HUD’s $1,002 monthly one-bedroom fair market rent equals 16.0% of that median gross pay. The single-adult living wage benchmark for the area is $21.58 per hour.

Highest-paying metropolitan areas for Accountant & Auditor

Metropolitan areaMedian annual wageVs this market
San Jose-Sunnyvale-Santa Clara, CA$121,700+62.1%
San Francisco-Oakland-Fremont, CA$110,730+47.4%
New York-Newark-Jersey City, NY-NJ$105,650+40.7%
Washington-Arlington-Alexandria, DC-VA-MD-WV$102,140+36.0%
Bridgeport-Stamford-Danbury, CT$102,020+35.8%
Midland, TX$100,890+34.3%
Parkersburg-Vienna, WV$100,420+33.7%
Boston-Cambridge-Newton, MA-NH$100,150+33.4%
Denver-Aurora-Centennial, CO$100,020+33.2%
Boulder, CO$99,990+33.1%

Top-paying occupations benchmarked in Iowa City, IA

OccupationMedian annual wageMedian hourly
Chief Executives$205,340$98.72/hr
Architectural and Engineering Managers$151,850$73.00/hr
Budget Analyst$134,850$64.83/hr
Physician Assistant$134,770$64.79/hr
Computer and Information Systems Managers$134,210$64.52/hr
Financial Manager$132,220$63.57/hr
Nurse Practitioner$129,030$62.03/hr
Public Relations Managers$127,760$61.42/hr
Sales Managers$126,520$60.83/hr
Administrative Services Managers$120,940$58.14/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 393 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Accountant & Auditor Salary in Iowa City, IA (2026) Overview

Accountant & Auditor median pay in Iowa City, IA is $75,100 a year ($36.11/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents & living.

Quick answers
What is the median salary for an Accountant & Auditor in Iowa City, IA?

The median annual wage is $75,100 ($36.11 per hour). The middle 80% of earners make between $50,330 and $115,830. Source: BLS OEWS (May 2025).

What is the take-home pay for an Accountant & Auditor in Iowa City, IA after taxes?

On the median wage of $75,100, a single filer with no pre-tax deductions takes home about $59,373 a year ($4,948 a month) after $15,727 in federal, FICA, state and local taxes, an effective rate of 20.94%, using 2026 tax rules.