Accountant · Iowa · SOC 13-2011
Accountants in Iowa: 2026 Salary, Real Wage, and Cost-Adjusted Pay
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-05.
TL;DR
- $74,290 is the BLS median wage for Accountants in Iowa; $83,689 is the BEA-adjusted purchasing-power equivalent.
- On a real-wage basis, this state sits at #20 of 51; nominal rank is #40.
- Below-100 RPP flips this state above its nominal rank in real-wage terms; the gap is about $9,399.
- Bottom quartile $60,600, top quartile $93,450. The P90 ($121,940) is roughly 2.5× the P10 ($48,300).
Wage breakdown — Iowa
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $48,300 | $54,411 |
| P25 (lower quartile) | $60,600 | $68,267 |
| P50 (median) | $74,290 | $83,689 |
| P75 (upper quartile) | $93,450 | $105,273 |
| P90 (top tier) | $121,940 | $137,368 |
| Mean | $80,540 | $90,730 |
| Employment | 13,970 Accountants in Iowa | |
Cost of living — BEA Regional Price Parity
| Component | Iowa index (US = 100) |
|---|---|
| All-items RPP | 88.8 |
| Goods | 96.6 |
| Services | 87.3 |
| Rents | 66.0 |
Iowa sits below the national baseline (RPP 88.8), so nominal pay translates to a higher real wage than the BLS median suggests — particularly visible in rents at 66.0.
After-tax take-home — Iowa (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (Accountant) | $74,290 | nominal median |
| Federal income tax | −$7,591 | 10.2% effective; std deduction $15,750 applied |
| State income tax | −$2,225 | 3.8% flat (2026, SF 2417 fully phased) |
| FICA (SS 6.2% + Medicare 1.45%) | −$5,683 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $58,791 | 79.1% of gross |
| Real take-home (RPP-adjusted) | $66,230 | ÷ (88.8 / 100) BEA cost-of-living |
What the Iowa state-tax burden means for Accountant take-home
Mid-band state-tax burden at 3.0% effective. Combined with federal and FICA, take-home is $58,791 (79.1% of gross). After the 88.8 RPP, real take-home is $66,230.
Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).
National context
Across the United States, BLS reports a national median of $81,680 for Accountants with mean pay of $93,520 and total employment of 1,448,290. Iowa sits at #40 on nominal pay and #20 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Iowa climbs 20 positions — the cost of living is favorable relative to the wage.
Frequently asked questions
- What does the top of the Accountant pay scale look like in Iowa?
- The 90th percentile lands at $121,940. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $93,450.
- How many Accountants does Iowa employ?
- BLS OES counts 13,970 Accountants employed in Iowa in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.
- Why is the BEA RPP for Iowa different from a single CPI number?
- BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Iowa's overall index of 88.8 reflects rents 66.0, services 87.3, and goods 96.6.
- Where does Iowa rank for Accountant pay?
- On nominal BLS wages alone, Iowa ranks among the 51 states and DC by median pay. After the BEA cost-of-living adjustment the ordering changes — high-cost states fall, low-cost states rise. Both rankings are shown in the data table on this page.
- How wide is the wage spread in Iowa?
- P10 to P90 spans $48,300 to $121,940. That spread captures entry-level to top-quartile pay, including specialty differentials and metro-area variance within the state.
- What are the limits of these Accountant salary numbers?
- BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.
- Is busy season ($35K of overtime) included in Iowa accountant BLS figures?
- Yes — BLS OES uses annualized W-2 earnings, so January-April busy-season overtime is rolled into the median. The high P90 in public-accounting-heavy Iowa markets reflects busy-season hours plus year-end bonuses. Industry accountants typically have flatter hours and a lower P90 ceiling but more predictable totals.
Sources & methodology
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2011, 2024 reference period.
- U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
- Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
- See the methodology page for full computation details and limitations.
Cross-comparison: see how Iowa Accountant pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.