Waterloo-Cedar Falls, IA metro area · BLS May 2025 · Updated

How much does a bookkeeper make in Waterloo-Cedar Falls, IA?

In the Waterloo-Cedar Falls, IA metropolitan area, bookkeepers earned a median of $47,540 a year ($22.86 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 580 of these jobs there. That is about the same as the $47,430 median for all jobs in the metro. The middle 80% earned between $32,160 and $64,660; these percentiles do not measure years of experience. Applying 2026 federal and Iowa tax rules to the median leaves an estimated $39,224 in take-home pay.

Bookkeeper pay in Waterloo-Cedar Falls, IA at a glance

Median salary

$47,540$22.86 per hour · $3,962 monthly · BLS May 2025
10th percentile$32,160$15.46/hr
25th percentile$40,010$19.24/hr
75th percentile$56,440$27.14/hr
90th percentile$64,660$31.09/hr
Jobs in this metro580Location quotient 0.78 (U.S. = 1.00)
Against all jobs hereabout the same asAll-jobs median $47,430
Against Iowa1% belowStatewide median $48,180
Against the U.S.6% belowNational median $50,670

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.

Bookkeeper salary in Waterloo-Cedar Falls, IA after taxes

$47,540
$15,000$100,000
Filing status:
Gross salary breakdown$47,540
Net 83%
Fed 7%
IA 2%
FICA 8%
Annual take-home$39,224After all taxes
Monthly deposit$3,269Estimated per month
Biweekly paycheck$1,509Every 2 weeks (26/yr)
Effective tax rate17.5%Total tax burden
Federal income tax$3,525 / yr
Iowa state income tax$1,155 / yr
FICA (Social Security & Medicare)$3,637 / yr

Bookkeepers pay range in Waterloo-Cedar Falls, IA, hourly and yearly

BLS May 2025 estimates for the Waterloo-Cedar Falls, IA metropolitan statistical area. Monthly and take-home figures are ours, computed from the annual wage.

What bookkeepers earned in the Waterloo-Cedar Falls, IA metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (IA)
10th percentile$15.46/hr$2,680$32,160$27,450
25th percentile$19.24/hr$3,334$40,010$33,459
MedianMedian$22.86/hr$3,962$47,540$39,224
75th percentile$27.14/hr$4,703$56,440$46,037
90th percentile$31.09/hr$5,388$64,660$52,329

Is $47,540 a good salary in Waterloo-Cedar Falls, IA?

It depends on what else people there earn and what things cost. Here is the median for bookkeepers next to both.

Median household income$70,811Census Bureau ACS
Local price level (U.S. = 100)87.112.9% below national average
One paycheck vs. a household67.1%of area median income

The same job statewide and nationally, and a calculator for your own paycheck.

Bookkeeper pay in Waterloo-Cedar Falls, IA: common questions

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

The BLS median annual wage for bookkeepers in the Waterloo-Cedar Falls, IA metro area was $47,540 in May 2025, about $3,962 a month or $22.86 an hour. Statewide, the Iowa median for this job is $48,180, so the metro pays 1% below the state.

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

The median hourly wage for bookkeepers in Waterloo-Cedar Falls, IA was $22.86 in the BLS survey. One in ten earned less than $15.46 an hour and one in ten earned more than $31.09.

How many bookkeepers work in Waterloo-Cedar Falls, IA?

BLS estimated 580 jobs for bookkeepers in the metro in May 2025, or 6.9 of every 1,000 jobs. Its location quotient of 0.78 means the job is less concentrated here than in the country as a whole.

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

BLS wage estimates for bookkeepers in Waterloo-Cedar Falls, IA run from $32,160 at the 10th percentile to $40,010 at the 25th, $56,440 at the 75th, and $64,660 at the 90th. These are points in the wage distribution, not experience levels.

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

On a median gross salary of $47,540, an estimated $39,224 lands in net take-home pay per year ($1,509 biweekly) for a single filer claiming the standard deduction in Iowa in 2026. Total tax withholding equals $8,316 (an effective rate of 17.5%).

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

On the median annual salary of $47,540, gross monthly income is $3,962. After federal, FICA, and Iowa state income taxes, estimated net take-home pay is $3,269 per month (or $1,509 every two weeks).

Is $47,540 a good salary in Waterloo-Cedar Falls, IA?

At $47,540, the median salary for bookkeepers is 67.1% of the Waterloo-Cedar Falls, IA median household income ($70,811). It is about the same as the $47,430 median for all jobs in the metro. The BEA regional price parity is 87.1, so prices here run 12.9% below the U.S. average.