Wage Benchmark Overview
Median Annual Salary
$114,000$54.81 per hour · $9,500 monthlyRun the numbers on your own pay
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Take-Home Pay Explorer
Software Developers 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 | $35.48/hr | $6,150 | $73,800 | $58,596 |
| 25th Percentile | $45.58/hr | $7,900 | $94,800 | $72,571 |
| Median (50th Percentile)Metro Benchmark | $54.81/hr | $9,500 | $114,000 | $85,349 |
| 75th Percentile | $65.38/hr | $11,333 | $136,000 | $99,706 |
| 90th Percentile | $79.09/hr | $13,708 | $164,500 | $118,103 |
Cost of Living & Purchasing Power in Waterloo-Cedar Falls, IA
A dollar does not buy the same basket of goods everywhere. Compare how $$114,000 measures up against local economic conditions:
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Compare software developers salaries statewide and examine overall earnings in Iowa:
Frequently Asked Questions About Software Developers Pay in Waterloo-Cedar Falls, IA
What is the median salary for software developers in Waterloo-Cedar Falls, IA?
The official BLS median annual wage for software developers in Waterloo-Cedar Falls, IA is $114,000, which equates to approximately $9,500 per month or $54.81 per hour for a 2,080-hour work year.
What is the hourly pay for software developers in Waterloo-Cedar Falls, IA?
The median hourly wage for software developers in Waterloo-Cedar Falls, IA is $54.81 per hour based on the BLS survey. One in ten earned less than $35.48/hour and one in ten earned more than $79.09/hour.
What is the pay range for software developers in Waterloo-Cedar Falls, IA?
BLS wage estimates for software developers in Waterloo-Cedar Falls, IA span from $73,800 at the 10th percentile to $94,800 at the 25th, $136,000 at the 75th, and $164,500 at the 90th. These are wage distribution points, not experience levels.
How much do software developers take home after taxes in Waterloo-Cedar Falls, IA?
On a median gross salary of $114,000, an estimated $85,349 lands in net take-home pay per year ($3,283 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $28,651 (an effective rate of 25.1%).
How much do software developers make per month in Waterloo-Cedar Falls, IA?
On the median annual salary of $114,000, gross monthly income is $9,500. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $7,112 per month (or $3,283 every two weeks).
Is $114,000 a good salary in Waterloo-Cedar Falls, IA?
At $114,000, the median salary for software developers is 161% 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.