Job Salary Guide · 2026
Psychiatrist Salary After Tax in Waterloo
Based on BLS OEWS data · IA · Single filer
Psychiatrist Salary Range
25th Percentile
$180,000
Take-home:
$127,185
$10,599/mo
Entry to mid-level
Median
$226,000
Take-home:
$158,400
$13,200/mo
Typical salary
75th Percentile
$290,000
Take-home:
$197,250
$16,438/mo
Senior / specialist
Tax Breakdown
At median salary of $226,000
Cost of Living in Waterloo
1BR Monthly Rent
$880/mo
2BR Monthly Rent
$1,100/mo
COL Index
0.82
Comfortable Rent Max
$3,300/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $13,200 ($158,400/yr)
$6,600
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$3,960
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$2,640
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$79,200
Wants / year
$47,520
Savings / year
$31,680
Psychiatrist Salary in Other Cities
Frequently Asked Questions
What is the average Psychiatrist salary in Waterloo?
The median Psychiatrist salary in Waterloo (IA) is $226,000 per year based on BLS OEWS data. The 25th percentile is $180,000 and the 75th percentile is $290,000.
What is the take-home pay for a Psychiatrist in Waterloo?
At the median salary of $226,000, a Psychiatrist in IA takes home approximately $158,400 per year ($13,200/month) after federal and state taxes. The effective tax rate is 29.91%.
Can a Psychiatrist afford rent in Waterloo?
The average 1-bedroom rent in Waterloo is $880/month. On the median Psychiatrist salary, your rent-to-income ratio is 6.7%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($3,300/month at this salary).
How does cost of living affect Psychiatrist salaries in Waterloo?
Waterloo has a cost-of-living index of 0.82 (1.00 = national average). Waterloo is 18% cheaper than the US average, so the Psychiatrist salary goes further here than in high-cost metros.