Salary & Cost of Living in Sioux City, IA
Sioux City, IA: $50,000 median salary, cost of living index 84, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$50,000
$24/hr
Cost of Living
84
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.2%
rate
Sioux City, IA Overview
Population
85,797
Median Salary
$50,000
Average Salary
$55,000
Avg Commute
18 min
Median Home Price
$155,000
Median Rent
$800/mo
Job Growth
+1%
Sales Tax
7%
Sioux City is located in Iowa with a population of 85,797. The median household salary is $50,000 per year ($24/hour), which is $9,384 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1%.
Sioux City Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Sioux City, IA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$40,314
$3,359.46/month · $1,550.52/biweekly · Effective Rate: 19.4%
Gross Pay
$50,000
Federal Tax
-$3,962
State Tax
-$1,900
Local Tax
$0
FICA
-$3,825
Net Pay
$40,314
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,166.67 | $50,000.00 |
| Federal Income Tax | -$330.13 | -$3,961.50 |
| Iowa State Tax (3.8%) | -$158.33 | -$1,900.00 |
| Social Security (6.2%) | -$258.33 | -$3,100.00 |
| Medicare (1.45%) | -$60.42 | -$725.00 |
| Net Take-Home Pay | $3,359.46 | $40,313.50 |
Salary Comparison: Sioux City vs Other Cities
See how Sioux City's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Sioux City, IA | $50,000 | 84 | $59,524 |
| National Average | $59,384 | 100 | $59,384 |
| Modesto, CA | $50,000 | 100 | $50,000 |
| Moreno Valley, CA | $50,000 | 100 | $50,000 |
| Salinas, CA | $50,000 | 110 | $45,455 |
| Lakeland, FL | $50,000 | 92 | $54,348 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Sioux City
Sioux City's cost of living index is 84 (national average = 100). Living in Sioux City is 16% less expensive than the national average.
Median Home Price
$155,000
Median Monthly Rent
$800
Annual Rent Cost
$9,600
Your Salary's Purchasing Power
Your $40,314 annual take-home pay in Sioux City has the purchasing power of approximately $47,992 in an average-cost US area. Your $50,000 salary stretches further here than in most US cities.
Top Industries in Sioux City
Sioux City's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $50,000.
Salary Tips for Sioux City Workers
- Your salary goes further here. Sioux City has a cost of living 16% below the national average. A salary of $50,000 here has the purchasing power of about $59,524 in an average-cost area.
- Research top industries. Sioux City's top industries include Food Processing, Healthcare, Manufacturing. Targeting roles in these sectors can help you earn above the $50,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Sioux City, IA?
The median salary in Sioux City, IA is $50,000 per year, or $24 per hour. The average salary is $55,000. This is $9,384 below the national median of $59,384.
What is the cost of living in Sioux City, IA?
Sioux City's cost of living index is 84 (national average = 100), meaning it is 16% less expensive compared to the national average. The median home price is $155,000 and the median monthly rent is $800.
What are the best industries in Sioux City?
The top industries in Sioux City, IA include Food Processing, Healthcare, Manufacturing. The city has a job growth rate of 1% and an unemployment rate of 3.2%. Workers in these industries often earn above the city's median salary of $50,000.
How does Sioux City's salary compare to other cities?
Sioux City's median salary of $50,000 is 15.8% below the national median of $59,384. However, when adjusted for cost of living (index: 84), the real purchasing power is approximately $59,524.
What is the minimum wage in Sioux City, IA?
The minimum wage in Sioux City, IA is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.