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Average Salary in Iowa

In Iowa, the median income is $47,670, but salaries across the state can differ greatly. In cities like Des Moines and Iowa City, the cost of living is notably higher, which is reflected in median salaries reaching $68,202 in Des Moines, with 80% of salaries falling between $50,000 and $90,000.

However, in smaller cities or rural regions, such as Spencer or Ames, the median salary tends to be lower, with Spencer seeing a median salary of around $53,005, which can make a significant difference in employee expectations.

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Iowa Annual Salary Range

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What is a Good Salary in Iowa?

What is considered a 'good' salary can vary based on factors like location, lifestyle, and industry. A salary in the range of $50,000 to $70,000 is generally considered comfortable for a single person in Iowa. High-paying fields like Technology and Healthcare can offer salaries reaching up to $100,000 or more, while more common roles such as Warehouse Workers typically earn around $35,000 to $45,000.

Average Salary by Cities in Iowa

The cost of living can vary widely from one city to another, and that impacts both how far salaries stretch and what professionals expect in terms of pay. Cities with higher living costs – like those with hot housing markets or tech hubs – tend to have higher salary expectations.

Familiarizing yourself with the average salary ranges per location can help you plan better and make sure your compensation packages are in line with local expectations to attract and retain top talent. Here’s a quick look at salary ranges across different cities in Iowa, to get a sense of competitive salaries based on local factors:

CityMonthly SalaryAnnual Salary
Des Moines$5,683$68,202
Iowa City$5,000$60,000
Cedar Rapids$4,833$58,000
Davenport$4,458$53,500
Ames$4,583$55,000

Salary Earnings Based on Experience Level in Iowa

Salaries naturally increase with experience – this applies to both new hires and existing team members. When planning for new positions, it's important to consider how salary ranges change at different seniority levels. This will help ensure you're meeting salary expectations, retain employees and create a fair working environment.

Here’s a breakdown of how monthly and annual salary ranges grow with experience in Iowa:

Experience LevelMonthly SalaryAnnual Salary
Entry-Level Jobs (0-2 years experience)$3,333 - $3,750$40,000 - $45,000
Mid-Level Jobs (3-5 years experience)$4,167 - $5,000$50,000 - $60,000
Senior Roles & Managers$5,833 - $7,500$70,000 - $90,000
Executive & C-Level$10,000 - $16,667+$120,000 - $200,000+

Average Salaries by Job Title in Iowa

Building a competitive compensation package means knowing what the going rate is for specific roles. We’ve compiled the most recent salary data by job title for Iowa, making it easier for you to compare roles, match your offers with the market, and make sure your team is paid fairly.

Job TitleMonthly SalaryAnnual Salary
Administrative Assistant$3,333$40,000
Customer Service Representative$3,167$38,000
Software Developer$6,250$75,000
Marketing Specialist$4,583$55,000
Sales Representative$4,583$55,000

Highest Paying Jobs in Iowa

  • Surgeon: $300,000+
  • Anesthesiologist: $270,000 - $350,000
  • Psychiatrist: $230,000 - $300,000
  • Orthodontist: $250,000 - $300,000
  • Dentist: $200,000 - $250,000
  • Pharmacist: $120,000 - $150,000
  • Petroleum Engineer: $110,000 - $150,000
  • IT Manager: $100,000 - $130,000
  • Lawyer: $90,000 - $150,000
  • Financial Manager: $95,000 - $130,000

Monthly Cost of Living in Iowa

In Iowa, the cost of living is well below the national average, making it an affordable place to live. Housing expenses are about 18% lower than the national average, offering affordable options for both renters and homeowners. Utility costs are also lower, running about 5% below the national average. Transportation expenses, including gas prices, are slightly below the national average, with costs around 2% lower, thanks to the state's relatively rural nature and lower congestion levels.

Median Home Price
$230,197
Median Rent
$1,117
/ month
Energy Bill
$113.45
/ month
Phone Bill
$114
/ month
Gas
$3.21
/ gallon

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FAQs for Hiring in Iowa

How is the average salary in Iowa calculated?

The average salary in Iowa is calculated by taking the total wages earned by workers across all industries and dividing that by the total number of employees in the state. This figure includes salaries, hourly wages, bonuses, and other forms of compensation. The calculation considers a wide range of occupations and industries, from agriculture to technology, helping to provide a general overview of income levels across Iowa's workforce.

How does Iowa's average salary compare to the national average?

Iowa's average salary tends to be lower than the national average. The state's cost of living is generally more affordable compared to larger metropolitan areas, which results in lower salary expectations. However, the salary disparities can vary depending on the industry. While Iowa may have lower wages overall, certain sectors, such as tech or healthcare, can offer competitive pay that aligns closely with national figures.

What factors influence salary variations within Iowa?

Several factors influence salary variations within Iowa, including industry, location, level of experience, and education. For instance, workers in urban areas such as Des Moines or Cedar Rapids often earn higher salaries than those in rural areas due to higher demand for certain skills and the cost of living. Other key factors include the employee's experience, qualifications, and the specific sector they work in. Additionally, economic conditions and the state's overall job market can also play significant roles in salary levels.

How does the cost of living in Iowa affect salary value?

The relatively low cost of living in Iowa has a direct impact on salary values. In comparison to more expensive states, wages in Iowa may be lower, but the purchasing power of those wages is often greater due to lower housing, transportation, and utility costs. While salaries may seem modest on paper, they can go further in Iowa's smaller cities and towns, offering employees a comfortable lifestyle at a more affordable price point.

What are the fastest-growing industries for jobs in Iowa?

Iowa is experiencing growth in several industries, with some of the fastest-growing sectors including healthcare, technology, and manufacturing. The state has seen an increased demand for healthcare professionals, particularly in rural areas, as the population ages. Additionally, Iowa’s manufacturing sector continues to thrive, especially in industries like food processing, machinery, and renewable energy. The technology sector is also expanding, as businesses in Des Moines and other cities embrace innovation and tech-driven solutions.

What types of employee benefits are most common in Iowa?

In Iowa, employee benefits commonly include health insurance, paid time off (PTO), retirement plans, and life insurance. Many employers also offer dental and vision coverage, as well as employee assistance programs (EAPs). Additionally, some employers in Iowa provide more flexible benefits, such as remote work options or wellness programs. While the specific benefits package can vary depending on the employer and industry, most workers in Iowa can expect standard offerings like health insurance and retirement savings plans.

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