Waterloo-Cedar Falls, IA · BLS OEWS & BEA Regional Data

Bookkeeper Salary in Waterloo-Cedar Falls, IA

In the Waterloo-Cedar Falls, IA metropolitan area, bookkeepers earned a median annual wage of $47,800 ($22.98/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $33,000/year and the 90th was $66,000/year; these percentiles do not measure years of experience. Applying 2026 federal and Iowa tax rules to the survey median leaves an estimated $39,423 in take-home pay. The metro price index is 87.1 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$47,800$22.98 per hour · $3,983 monthly
10th Percentile$33,000$15.87/hr base
25th Percentile$40,800$19.62/hr base
75th Percentile$57,100$27.45/hr base
90th Percentile$66,000$31.73/hr base

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Take-Home Pay Explorer

$47,800
$15,000$100,000
Filing status:
Gross salary breakdown$47,800
Net 82%
Fed 7%
IA 2%
FICA 8%
Annual take-home$39,423After all taxes
Monthly deposit$3,285Estimated per month
Biweekly paycheck$1,516Every 2 weeks (26/yr)
Effective tax rate17.5%Total tax burden
Federal income tax$3,556 / yr
Iowa state income tax$1,165 / yr
FICA (Social Security & Medicare)$3,657 / yr

Bookkeeping, Accounting, and Auditing Clerks Wage Percentiles in Waterloo-Cedar Falls, IA

Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.

Wage Distribution for Bookkeeping, Accounting, and Auditing Clerks in the Waterloo-Cedar Falls, IA Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (IA)
10th Percentile$15.87/hr$2,750$33,000$28,093
25th Percentile$19.62/hr$3,400$40,800$34,064
Median (50th Percentile)Metro Benchmark$22.98/hr$3,983$47,800$39,423
75th Percentile$27.45/hr$4,758$57,100$46,542
90th Percentile$31.73/hr$5,500$66,000$53,355

Cost of Living & Purchasing Power in Waterloo-Cedar Falls, IA

A dollar does not buy the same basket of goods everywhere. Compare how $$47,800 measures up against local economic conditions:

Metro Median Household Income$70,811Census Bureau ACS
BEA Price Parity Index87.112.9% below national average
Individual vs Household Ratio67.5%of area median income

Compare bookkeepers salaries statewide and examine overall earnings in Iowa:

Frequently Asked Questions About Bookkeeping, Accounting, and Auditing Clerks Pay in Waterloo-Cedar Falls, IA

What is the median salary for bookkeepers in Waterloo-Cedar Falls, IA?

The official BLS median annual wage for bookkeepers in Waterloo-Cedar Falls, IA is $47,800, which equates to approximately $3,983 per month or $22.98 per hour for a 2,080-hour work year.

What is the hourly pay for bookkeepers in Waterloo-Cedar Falls, IA?

The median hourly wage for bookkeepers in Waterloo-Cedar Falls, IA is $22.98 per hour based on the BLS survey. One in ten earned less than $15.87/hour and one in ten earned more than $31.73/hour.

What is the pay range for bookkeepers in Waterloo-Cedar Falls, IA?

BLS wage estimates for bookkeepers in Waterloo-Cedar Falls, IA span from $33,000 at the 10th percentile to $40,800 at the 25th, $57,100 at the 75th, and $66,000 at the 90th. These are wage distribution points, not experience levels.

How much do bookkeepers take home after taxes in Waterloo-Cedar Falls, IA?

On a median gross salary of $47,800, an estimated $39,423 lands in net take-home pay per year ($1,516 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $8,377 (an effective rate of 17.5%).

How much do bookkeepers make per month in Waterloo-Cedar Falls, IA?

On the median annual salary of $47,800, gross monthly income is $3,983. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $3,285 per month (or $1,516 every two weeks).

Is $47,800 a good salary in Waterloo-Cedar Falls, IA?

At $47,800, the median salary for bookkeepers is 67.5% of the Waterloo-Cedar Falls, IA median household income ($70,811). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 87.1, making regional consumer goods and services 12.9% cheaper than the U.S. average.