SOC 29-1215 · Waterloo-Cedar Falls, IA metro

Family Medicine Physicians Salary in Waterloo, IA

The average salary for family medicine physicians in Waterloo, Iowa is $259,750 a year ($124.88 an hour), according to BLS estimates for May 2025. The median is $287,990: half of the 130 people in this job in the Waterloo-Cedar Falls, IA metro area earn more than that, half earn less. That average is about the same as the U.S. average for this job ($255,820).

$259,750average per year

$124.88 / hourMedian $287,990Take-home ≈ $180,324

  • $76K10th
  • $182K25th
  • $288KMedian
  • $359K75th
  • $387K90th

median average · bar = middle 50% of workers · how to read it

130people in this job
+2%vs U.S. average
#4 of 6Iowa metros
87cost of living (U.S. = 100)
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Family Medicine Physicians pay range in Waterloo

New workers and the lowest-paid 10% earn about $75,760 a year or less, while the top 10% make $386,990 or more. The middle half of family medicine physicians in Waterloo earn between $181,670 and $359,310.

  • $76K10th
  • $182K25th
  • $288KMedian
  • $359K75th
  • $387K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$259,750$21,646$124.88
Median$287,990$23,999$138.46
Entry level (25th percentile)$181,670$15,139$87.34
Experienced (75th percentile)$359,310$29,942$172.75

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Family Medicine Physicians pay in Waterloo vs. Iowa and the U.S.

Family medicine physicians in Waterloo earn 7% less than the Iowa average ($279,120) and about the same as the U.S. average ($255,820). At the median the gap is +18% against the U.S. median of $244,180.

AreaAverageMedian10th pct.90th pct.Jobs
Waterloo$259,750$287,990$75,760$386,990130
Iowa$279,120$265,200$116,900$460,2301,140
United States$255,820$244,180$76,830$428,550107,510

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Family Medicine Physicians salary after taxes in Waterloo

On the average salary of $259,750, a single filer in Waterloo takes home about $180,324 a year, or $15,027 a month and $6,936 every two weeks. Taxes take 31% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Iowa paycheck calculator: try your own salary

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Is Waterloo a good place for family medicine physicians? Pay vs. cost of living

Prices in the Waterloo area are 13% below the U.S. average (BEA price parity 87.1), so the average $259,750 buys what about $298,368 would buy in a typical U.S. metro. This job pays 6.1 times the median wage of all jobs in Waterloo ($47,430). A typical home costs $200,191, or 0.8 years of this average salary before tax.

See what $259,750 is worth in another city

Family Medicine Physicians salary in other Iowa cities

Waterloo ranks 4th of 6 Iowa metro areas for this job; Ames pays the most ($320,880).

All Family Medicine Physicians salaries in Iowa

Highest-paying cities for family medicine physicians

Knoxville, TN pays this job the most of the metro areas we cover ($383,670).

Family Medicine Physicians salary by city

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Family Medicine Physicians salary in Waterloo: questions

How much do family medicine physicians make an hour in Waterloo?

$124.88 an hour on average, and $138.46 at the median (BLS, May 2025).

What is the entry-level family medicine physicians salary in Waterloo?

The lowest-paid 10% earn about $75,760 a year and the 25th percentile is $181,670, a fair guide to starting pay.

What is the family medicine physicians take-home pay in Waterloo?

About $180,324 a year ($15,027 a month) for a single filer on the average salary of $259,750. Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Do family medicine physicians earn more in Waterloo than elsewhere?

The average here is about the same as the U.S. average for this job ($255,820).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 29-1215; area Waterloo-Cedar Falls, IA (47940). Relative standard error of the mean wage: 13.3%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.
  • Job concentration: location quotient 2.31, this job is 2.3 times as concentrated as in the U.S. overall.

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