Physician (General Practice) Salary After Tax in Iowa (2026)

Median wage: $202,360/year → Take-home: $139,963/year ($11,664/mo)

Full Tax Breakdown — $202,360 in Iowa

Annual Take-Home$139,963After all taxes

Monthly$11,664Net per month

Bi-Weekly$5,383Every 2 weeks

Effective Tax Rate30.8%Fed + state + FICA

Where Your Money Goes

Federal Tax Brackets

10%

$1,240

12%

$4,560

22%

$12,166

24%

$19,334

Affordability Snapshot

Based on your $11,664/mo take-home — 50/30/20 rule

Needs (50%)$5,832/mo

Rent, groceries, utilities, transport

Wants (30%)$3,499/mo

Dining, entertainment, hobbies

Savings (20%)$2,333/mo

401k, emergency fund, investments

🏠

Recommended Max Rent

$3,499/mo

30% of monthly take-home — the commonly recommended housing cost ceiling.

Annual Savings Potential

$27,993

Daily Take-Home

$538

Paycheck Breakdown

All figures in USD

Item	Annual	Monthly	Bi-Weekly	Weekly	Daily	Hourly
Gross Pay	$202,360	$16,863	$7,783	$3,892	$778	$97
Federal Income Tax	−$37,300	−$3,108	−$1,435	−$717	−$143	−$18
State Income Tax	−$10,702	−$892	−$412	−$206	−$41	−$5
Social Security	−$11,439	−$953	−$440	−$220	−$44	−$6
Medicare	−$2,955	−$246	−$114	−$57	−$11	−$1
Total Taxes	−$62,397	−$5,200	−$2,400	−$1,200	−$240	−$30
Take-Home Pay	$139,963	$11,664	$5,383	$2,692	$538	$67

Federal Rate

18.4%

State Rate

5.3%

Total Rate

30.8%

State-by-State Comparison

Same $202,360 salary across popular states

State	Take-Home	Total Tax	Eff. Rate
TXTexasNo Tax	$150,665	$51,695	25.5%
FLFloridaNo Tax	$150,665	$51,695	25.5%
WAWashingtonNo Tax	$150,665	$51,695	25.5%
NVNevadaNo Tax	$150,665	$51,695	25.5%
OHOhio	$144,632 -$6,033	$57,728 -$6,033/yr	28.5%
PAPennsylvania	$144,453 -$6,212	$57,907 -$6,212/yr	28.6%
ILIllinois	$140,768 -$9,897	$61,592 -$9,897/yr	30.4%
IAIowaYou	$139,963 -$10,702	$62,397 -$10,702/yr	30.8%
NYNew York	$139,572 -$11,093	$62,788 -$11,093/yr	31.0%
CACalifornia	$135,690 -$14,975	$66,670 -$14,975/yr	32.9%

Ways to Increase Your Take-Home

📈

A $5,000 401(k) contribution saves $1,579/yr in taxes

Pre-tax 401(k) contributions reduce your federal and state taxable income. Contributing an additional $5,000 would increase your monthly take-home by $417 while building retirement savings.

💍

Married filing jointly saves $11,295/yr

If you're married, filing jointly gives you a $32,200 standard deduction (vs $16,100 single) and wider tax brackets. This would add $941/month to your take-home.

🗺️

Moving to a no-tax state could net $10,702 more per year

States like Texas and Florida have no state income tax. At your salary, moving to Texas would mean $10,702/year more take-home — $892/month — with no change to your gross salary.

Compare states →

Results for $202,360 salary · 2026 tax year

At a Glance

Annual Gross

$202,360

Annual Take-Home

$139,963

Monthly

$11,664

Bi-Weekly

$5,383

Weekly

$2,692

Hourly

$67.29

Federal Income Tax

$37,300

18.4% of gross

State Income Tax

$10,702

5.3% of gross

FICA (SS + Medicare)

$14,394

7.1% of gross

What does a Physician (General Practice) earn after taxes in Iowa?

The median annual wage for a physician (general practice) in Iowa is $202,360 according to BLS data. After federal income tax, FICA, and Iowa state income tax, the estimated take-home is $139,963/year or $11,664/month.

The effective total tax rate is 30.8%. Compared to the national median ($214,370), Iowa pays below average ($12,010 less/yr).