Software developer · Waterloo, IA
Software developer in Waterloo: $4,509/mo left
BLS OEWS May 2025 puts the median software developer wage in Waterloo at $113,970 a year. About 280 software developer jobs are in the metro. The job is a smaller share of local employment than nationwide (location quotient 0.31). The 10th percentile is $64,640 and the 90th is $167,230. Pay ranks 232nd-highest of 375 metros with a published median for this job. Pay is 12.1× a year of one-bedroom rent ($788/mo). Iowa charges a 3.80% flat income tax. At this pay, one adult in a one-bedroom keeps $4,509 a month after tax and rent. The best nearby metro for this job is Ames, about 72 miles away, at $5,429 left over a month.
Source: BLS OEWS May 2025.
Left over each month
$4,509
1 adult, 1 bd
Pay
$113,970
$64,640 to $167,230
Rent (1 bd)
$788
$938 (2 bd)
Employment
280
Location quotient 0.31
Pay rank
232nd of 375
Metros with a published median
Pay vs rent
12.1×
Annual pay ÷ a year of 1 bd rent
Where the money goes
1 adult, 1 bd, software developer pay of $113,970.
- Taxes$2,432
- Rent$788
- Other living costs$1,769
- Left over$4,509
Pay and tax, per year
- Gross household pay
- $113,970
- Federal income tax
- −$16,687
- Social Security and Medicare
- −$8,719
- State income tax (IA)
- −$3,776
- Take-home pay
- $84,788
- Effective tax rate
- 25.6%
Living costs, per month
- Rent, 1br
- $788
- Groceries
- $347
- Getting around
- $510
- Healthcare
- $391
- Utilities and internet
- $217
- Everything else
- $304
- Total spending
- $2,557
Left over each month
$9,498 gross, minus $2,432 in tax and $2,557 in living costs.
$4,509
Rank every metro for a software developer
Same job. Local pay. After tax and rent. Best nearby: Ames, $5,429/mo.
Software developer leftover by city →Best cities for software developers to move to →Software developer nearby
Other jobs in Waterloo
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- Physical therapist
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Questions
What does a software developer make in Waterloo?
$113,970 a year. That figure is the BLS OEWS May 2025 median for the metro. About 280 software developer jobs are in the metro.
What is left after tax and rent for a software developer in Waterloo?
$4,509 a month for one adult in a one-bedroom. Iowa charges a 3.80% flat income tax Rent is $788, and pay covers 12.1× a year of it.
Where nearby would a software developer keep more?
Ames, about 72 miles away, leaves $5,429 a month, more than Waterloo.