Wage Benchmark Overview
Median Annual Salary
$122,600$58.94 per hour · $10,217 monthlyRun 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
Lawyers 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 | $30.43/hr | $5,275 | $63,300 | $51,288 |
| 25th Percentile | $39.04/hr | $6,767 | $81,200 | $63,520 |
| Median (50th Percentile)Metro Benchmark | $58.94/hr | $10,217 | $122,600 | $91,056 |
| 75th Percentile | $85.67/hr | $14,850 | $178,200 | $126,946 |
| 90th Percentile | $128.03/hr | $22,192 | $266,300 | $184,415 |
Cost of Living & Purchasing Power in Waterloo-Cedar Falls, IA
A dollar does not buy the same basket of goods everywhere. Compare how $$122,600 measures up against local economic conditions:
Explore Related Salary & Regional Profiles
Compare lawyers salaries statewide and examine overall earnings in Iowa:
Frequently Asked Questions About Lawyers Pay in Waterloo-Cedar Falls, IA
What is the median salary for lawyers in Waterloo-Cedar Falls, IA?
The official BLS median annual wage for lawyers in Waterloo-Cedar Falls, IA is $122,600, which equates to approximately $10,217 per month or $58.94 per hour for a 2,080-hour work year.
What is the hourly pay for lawyers in Waterloo-Cedar Falls, IA?
The median hourly wage for lawyers in Waterloo-Cedar Falls, IA is $58.94 per hour based on the BLS survey. One in ten earned less than $30.43/hour and one in ten earned more than $128.03/hour.
What is the pay range for lawyers in Waterloo-Cedar Falls, IA?
BLS wage estimates for lawyers in Waterloo-Cedar Falls, IA span from $63,300 at the 10th percentile to $81,200 at the 25th, $178,200 at the 75th, and $266,300 at the 90th. These are wage distribution points, not experience levels.
How much do lawyers take home after taxes in Waterloo-Cedar Falls, IA?
On a median gross salary of $122,600, an estimated $91,056 lands in net take-home pay per year ($3,502 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $31,544 (an effective rate of 25.7%).
How much do lawyers make per month in Waterloo-Cedar Falls, IA?
On the median annual salary of $122,600, gross monthly income is $10,217. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $7,588 per month (or $3,502 every two weeks).
Is $122,600 a good salary in Waterloo-Cedar Falls, IA?
At $122,600, the median salary for lawyers is 173.1% 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.