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Job Salary Guide ยท 2026

Pharmacist Salary After Tax in Iowa City

Based on BLS OEWS data ยท IA ยท Single filer

Rent: ComfortableCOL Index: 0.95

Pharmacist Salary Range

25th Percentile

$110,000

Take-home:

$81,591

$6,799/mo

Entry to mid-level

Median

$128,000

Take-home:

$93,377

$7,781/mo

Typical salary

75th Percentile

$148,000

Take-home:

$106,287

$8,857/mo

Senior / specialist

Tax Breakdown

At median salary of $128,000

Gross Salary$128,000
Federal Tax(15.6%)โ€“$19,967
IA State Taxโ€“$4,864
Social Securityโ€“$7,936
Medicareโ€“$1,856
Annual Take-Home$93,377
$7,781Monthly
$3,591Bi-Weekly
27.05%Effective Rate

Cost of Living in Iowa City

Rent-to-income ratio (1BR)14.8% โ€” Comfortable

1BR Monthly Rent

$1,150/mo

2BR Monthly Rent

$1,440/mo

COL Index

0.95

Comfortable Rent Max

$1,945/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $7,781 ($93,372/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,891

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$2,334

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$1,556

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$46,686

Wants / year

$28,012

Savings / year

$18,674

Frequently Asked Questions

What is the average Pharmacist salary in Iowa City?

The median Pharmacist salary in Iowa City (IA) is $128,000 per year based on BLS OEWS data. The 25th percentile is $110,000 and the 75th percentile is $148,000.

What is the take-home pay for a Pharmacist in Iowa City?

At the median salary of $128,000, a Pharmacist in IA takes home approximately $93,377 per year ($7,781/month) after federal and state taxes. The effective tax rate is 27.05%.

Can a Pharmacist afford rent in Iowa City?

The average 1-bedroom rent in Iowa City is $1,150/month. On the median Pharmacist salary, your rent-to-income ratio is 14.8%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,945/month at this salary).

How does cost of living affect Pharmacist salaries in Iowa City?

Iowa City has a cost-of-living index of 0.95 (1.00 = national average). Iowa City is 5% cheaper than the US average, so the Pharmacist salary goes further here than in high-cost metros.