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Key Account Manager Average Salary in Iowa 2024

How much money does a person working as Key Account Manager make in Iowa?


Average Yearly Salary
112,000 USD
( 9,350 USD monthly)

LOW
51,600
USD
AVERAGE
112,000
USD
HIGH
178,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Key Account Manager in Iowa typically earns around 112,000 USD. Salaries range from 51,600 USD (lowest) to 178,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Key Account Manager salaries in Iowa vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Key Account Manager Pay Scale and Salaries in Iowa

Median and salary distribution Iowa Key Account Manager yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
106,000 USD or more
10% of people earn
93,200 to 106,000 USD
20% of people earn
64,200 USD or less
65% of people earn
64,200 to 93,200 USD
Minimum Salary
51,600 USD
Median
107,000 USD
Maximum
178,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Key Account Manager in Iowa range from 51,600 USD (starting salary) to 178,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 107,000 USD, half of the professionals who work as Key Account Manager in Iowa earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Key Account Manager in Iowa earn less than 86,400 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 124,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Key Account Manager in Iowa compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 64,200 USD to 93,200 USD. About 20% of salaries are below the 64,200 USD mark, while 10% fall within the range of 93,200 USD to 106,000 USD. Only 5% of individuals have salaries exceeding 106,000 USD.

Salary Comparison by Years of Experience / Key Account Manager / Iowa

How do experience and age affect pay?

0 - 2 Years
58,600 USD
2 - 5 Years+34%
78,200 USD
5 - 10 Years+48%
116,000 USD
10 - 15 Years+22%
141,000 USD
15 - 20 Years+9%
154,000 USD
20+ Years+8%
166,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Iowa Key Account Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Key Account Manager and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 58,600 USD.

While someone with an experience level between two and five years is expected to earn 78,200 USD, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 116,000 USD, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 141,000 USD, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 154,000 USD, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 166,000 USD, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Key Account Manager / Iowa

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Key Account Manager.

High School
71,900 USD
Certificate or Diploma+18%
84,600 USD
Bachelor's Degree+45%
123,000 USD
Master's Degree+31%
161,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Iowa Key Account Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Key Account Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 71,900 USD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 84,600 USD, 18% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 123,000 USD, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 161,000 USD, 31% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Key Account Manager / Iowa

Salary comparison by gender United States Key Account Manager yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Key Account Manager in United States, the average difference between the salary of male and female employees is 6%.

Male
128,000 USD
Female-6%
121,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Key Account Manager / Iowa

How much are annual salary increments in Iowa for individuals working as Key Account Manager? How often do employees get salary raises?

Individuals working as Key Account Manager in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Key Account Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Key Account Manager / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Key Account Manager
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Key Account Manager / Iowa


54 USD per hour

The average hourly wage (pay per hour) for individuals working as Key Account Manager in Iowa is 54 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Key Account Manager in Iowa is 25 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator92,400 USD-18%
Account Director105,000 USD-6%
Account Executive113,000 USD+1%
Account Manager106,000 USD-6%
Administration Manager110,000 USD-2%
Administration Officer57,500 USD-49%
Administration Supervisor88,200 USD-21%
Administrative Clerk41,700 USD-63%
Administrative Officer41,600 USD-63%
Area Director96,600 USD-14%
Area Manager96,800 USD-14%
Asset Protection Associate118,000 USD+5%
Assistant Director104,000 USD-7%
Assistant General Manager115,000 USD+3%
Assistant Manager114,000 USD+2%
Assistant Managing Director125,000 USD+11%
Assistant Operations Manager129,000 USD+15%
Assistant Project Manager110,000 USD-2%
Assistant Section Head87,900 USD-22%
Assistant to CEO105,000 USD-6%
Assistant Vice President116,000 USD+3%
Associate Account Director106,000 USD-6%
Associate Director112,000 USD-0%
Bid Manager124,000 USD+11%
Branch Manager122,000 USD+9%
Business Development Manager140,000 USD+25%
Business Operations Associate106,000 USD-6%
Business Operations Lead119,000 USD+6%
Campaign Manager127,000 USD+13%
Catering Coordinator69,800 USD-38%
Catering Manager107,000 USD-5%
CEO220,000 USD+96%
Chairman of The Board205,000 USD+83%
Chairman Office Manager132,000 USD+18%
Chief Commercial Officer146,000 USD+30%
Chief Corporate Officer173,000 USD+54%
Chief Digital Officer151,000 USD+35%
Chief Digital Strategy Officer151,000 USD+35%
Chief Digital Transformation Officer139,000 USD+24%
Chief Ethics Officer135,000 USD+20%
Chief Executive Officer209,000 USD+86%
Chief Financial Officer203,000 USD+81%
Chief Investment Officer160,000 USD+43%
Chief of Staff99,600 USD-11%
Chief Operating Officer154,000 USD+37%
Chief Privacy Officer129,000 USD+15%
Chief Resilience Officer152,000 USD+35%
Chief Risk Officer140,000 USD+25%
Chief Strategy Officer178,000 USD+59%
Chief Trust and Safety Officer131,000 USD+17%
Client Account Manager125,000 USD+11%
Client Accounts Officer103,000 USD-8%
Client Services Manager136,000 USD+21%
Commercial Director139,000 USD+24%
Commercial Manager124,000 USD+11%
Commercial Project Manager118,000 USD+5%
Commodity Broker84,500 USD-25%
COO162,000 USD+44%
Corporate Affairs Executive122,000 USD+9%
Corporate Compliance Director131,000 USD+17%
Corporate Director150,000 USD+34%
Corporate Officer102,000 USD-9%
Corporate Partnerships Officer97,200 USD-13%
Country Manager164,000 USD+46%
Department Head124,000 USD+11%
Department Manager135,000 USD+20%
Department Supervisor115,000 USD+3%
Deputy Director152,000 USD+35%
Deputy Manager151,000 USD+35%
Director165,000 USD+47%
Director of Accreditation140,000 USD+25%
Director of Catering Services123,000 USD+10%
Director of Client Services129,000 USD+15%
Director of Facilities Management111,000 USD-1%
Director of Operations140,000 USD+25%
Director of Process Simplification114,000 USD+2%
Director of Product Management146,000 USD+30%
Director of Project Management153,000 USD+36%
Director of Revenue Management127,000 USD+13%
Director of Training and Development139,000 USD+24%
Distribution Manager146,000 USD+30%
Division Manager123,000 USD+10%
Duty Manager127,000 USD+13%
Engagement Manager150,000 USD+34%
Executive Director206,000 USD+84%
Executive Manager166,000 USD+48%
Franchise Manager184,000 USD+64%
General Manager160,000 USD+43%
Generational Consultant117,000 USD+4%
Global Master Data Manager151,000 USD+35%
Global Technical Lead94,900 USD-15%
Head of Investment141,000 USD+26%
Head of Middle Office129,000 USD+15%
Head of Projects147,000 USD+31%
Head of Strategy160,000 USD+43%
Head of Supply Chain128,000 USD+14%
Head of Sustainability115,000 USD+3%
Housing Manager111,000 USD-1%
HSE Manager112,000 USD-0%
Innovation Manager122,000 USD+9%
Key Account Manager112,000 USD-0%
Knowledge Manager130,000 USD+16%
Location Manager131,000 USD+17%
Logistics Executive112,000 USD-0%
Logistics Manager110,000 USD-2%
Management Consultant107,000 USD-5%
Management Executive157,000 USD+40%
Manager139,000 USD+24%
Managing Director175,000 USD+56%
MIS Executive139,000 USD+24%
Ocean Services Manager141,000 USD+26%
Online Business Manager197,000 USD+76%
Operational Manager144,000 USD+28%
Operations Analyst128,000 USD+14%
Operations Assistant102,000 USD-9%
Operations Director159,000 USD+42%
Operations Executive150,000 USD+34%
Operations Manager153,000 USD+36%
Operations Supervisor126,000 USD+12%
Planning Director152,000 USD+35%
PMO Manager126,000 USD+12%
Policy Administration Executive122,000 USD+9%
Private Sector Executive130,000 USD+16%
Product Development Manager138,000 USD+23%
Product Executive120,000 USD+7%
Production Executive142,000 USD+27%
Production Manager146,000 USD+30%
Production Supervisor124,000 USD+11%
Program Director151,000 USD+35%
Program Manager145,000 USD+29%
Programme Coordinator103,000 USD-8%
Project Control Manager153,000 USD+36%
Project Coordinator82,800 USD-26%
Project Management Officer97,400 USD-13%
Project Manager104,000 USD-7%
Project Portfolio Manager108,000 USD-4%
Quality Manager110,000 USD-2%
R/D Director120,000 USD+7%
Regional Director203,000 USD+81%
Regional Manager148,000 USD+32%
Relationship Manager144,000 USD+28%
Retail District Manager105,000 USD-6%
Revenue Manager110,000 USD-2%
Risk and Capital Manager159,000 USD+42%
Risk Officer104,000 USD-7%
Safety Manager102,000 USD-9%
Section Head111,000 USD-1%
Service Manager109,000 USD-3%
Shift Supervisor88,200 USD-21%
Solutions Manager96,000 USD-14%
Supervisor87,900 USD-22%
Supply Chain Manager150,000 USD+34%
Surveyor98,200 USD-12%
Technical Director140,000 USD+25%
Technical Manager136,000 USD+21%
Territory Manager140,000 USD+25%
Validation Manager120,000 USD+7%
Vice President169,000 USD+51%
Zone Manager143,000 USD+27%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Key Account Manager in Iowa?

A good and competitive compensation would range anywhere between 107,000 USD and 124,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Key Account Manager in Iowa ranges from 51,600 USD to 86,400 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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