Iowa Minimum Wage Calculator 2026
Iowa minimum wage is $7.25/hr (tipped: $4.35/hr). Convert between hourly, weekly, monthly, and annual pay.
By Konstantin Iakovlev · Updated October 19, 2026 · Methodology
Iowa Minimum Wage
$7.25/hr
Tipped minimum wage: $4.35/hr
Iowa follows the federal minimum wage of $7.25/hr
Hourly Rate
$24.04
Monthly Pay
$4,166.67
Annual Salary
$50,000.00
Pay Breakdown
| Hourly | $24.04 |
| Daily (8 hrs) | $192.31 |
| Weekly | $961.54 |
| Biweekly | $1,923.08 |
| Monthly | $4,166.67 |
| Annual | $50,000.00 |
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
Iowa Minimum Wage Overview
Iowa's minimum wage is $7.25 an hour, the same as the federal floor, so the two line up exactly. The state hasn't set a rate above the federal level, which means most covered Iowa workers earn at least $7.25 per hour. Employers subject to both state and federal wage law must pay whichever is higher, but here that's a single number.
Tipped workers fall under a lower cash wage of $4.35 an hour, with the difference between that and $7.25 expected to come from tips through a tip credit. If a tipped employee's tips don't bring them up to $7.25 for the period, the employer has to make up the shortfall. Coverage is broad across most employees, though certain categories follow special rules, and since 2017 state law has barred Iowa cities and counties from setting a higher local minimum.
Iowa Wage & Rate Details (2026)
| State Minimum Wage | $7.25/hr |
| Tipped Minimum Wage | $4.35/hr |
| Federal Minimum Wage | $7.25/hr |
| Difference from Federal | Same as federal |
| Weekly Pay (40 hrs) | $290.00 |
| Monthly Pay (est.) | $1,256.67 |
| Annual Pay (2,080 hrs) | $15,080.00 |
Official Sources: