Wage Benchmark Overview
Median Annual Salary
$47,200$22.69 per hour · $3,933 monthlyRun the numbers on your own pay
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Take-Home Pay Explorer
Industrial Truck and Tractor Operators 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.
| Earning Tier | Hourly Wage | Monthly Gross | Annual Gross | Est. Annual Net (IA) |
|---|---|---|---|---|
| 10th Percentile | $18.41/hr | $3,192 | $38,300 | $32,150 |
| 25th Percentile | $20.72/hr | $3,592 | $43,100 | $35,825 |
| Median (50th Percentile)Metro Benchmark | $22.69/hr | $3,933 | $47,200 | $38,963 |
| 75th Percentile | $25.24/hr | $4,375 | $52,500 | $43,021 |
| 90th Percentile | $29.09/hr | $5,042 | $60,500 | $49,145 |
Cost of Living & Purchasing Power in Waterloo-Cedar Falls, IA
A dollar does not buy the same basket of goods everywhere. Compare how $$47,200 measures up against local economic conditions:
Explore Related Salary & Regional Profiles
Compare forklift operators salaries statewide and examine overall earnings in Iowa:
Frequently Asked Questions About Industrial Truck and Tractor Operators Pay in Waterloo-Cedar Falls, IA
What is the median salary for forklift operators in Waterloo-Cedar Falls, IA?
The official BLS median annual wage for forklift operators in Waterloo-Cedar Falls, IA is $47,200, which equates to approximately $3,933 per month or $22.69 per hour for a 2,080-hour work year.
What is the hourly pay for forklift operators in Waterloo-Cedar Falls, IA?
The median hourly wage for forklift operators in Waterloo-Cedar Falls, IA is $22.69 per hour based on the BLS survey. One in ten earned less than $18.41/hour and one in ten earned more than $29.09/hour.
What is the pay range for forklift operators in Waterloo-Cedar Falls, IA?
BLS wage estimates for forklift operators in Waterloo-Cedar Falls, IA span from $38,300 at the 10th percentile to $43,100 at the 25th, $52,500 at the 75th, and $60,500 at the 90th. These are wage distribution points, not experience levels.
How much do forklift operators take home after taxes in Waterloo-Cedar Falls, IA?
On a median gross salary of $47,200, an estimated $38,963 lands in net take-home pay per year ($1,499 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $8,237 (an effective rate of 17.5%).
How much do forklift operators make per month in Waterloo-Cedar Falls, IA?
On the median annual salary of $47,200, gross monthly income is $3,933. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $3,247 per month (or $1,499 every two weeks).
Is $47,200 a good salary in Waterloo-Cedar Falls, IA?
At $47,200, the median salary for forklift operators is 66.7% 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.