Tax Preparers Salary
In Billings, MT, tax preparers earn $65,930 at the median, or about $31.7 an hour. The range runs from $47K at the entry level to $93K for experienced workers. Cost of living is below average (RPP 93.53), which stretches that salary to about $70,491 in buying power. A 2-bedroom apartment runs $1,417/month, about 32.7% of take-home, which is tight.
So what does $66K get you in Billings?
Groceries, utilities, transportation, and healthcare scaled from national averages by Billings’s Regional Price Parity (93.53). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About tax preparers
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What this looks like in Billings
Billings sits well above the national pay line for tax preparers, local pay runs about 20% higher than the U.S. median of $55K. Rent runs $1,417/month for a 2-bedroom (HUD FMR), taking 32.7% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.53 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for tax preparers in metros near Billings, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Helena | $59K | $62K |
| Boise City | $46K | $47K |
| Fargo | $65K | $72K |
| Sioux Falls | $53K | $58K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Billings, MT
Entry-level tax preparers (10th percentile) start around $47K. Mid-career wages sit at $66K. Top earners bring in $93K or more, a $46K spread from bottom to top.
Tax Preparers pay across states
Median income ranked highest to lowest, compared to the national figure
View Tax Preparers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $72K | +31% | 7,620 |
| California | $70K | +28% | 10,270 |
| Utah | $67K | +21% | 1,190 |
| Montana | $63K | +15% | 360 |
| Missouri | $63K | +14% | 1,330 |
| Colorado | $63K | +14% | 1,540 |
| Alaska | $62K | +14% | 70 |
| Oregon | $61K | +12% | 1,590 |
| New Hampshire | $61K | +12% | 420 |
| Pennsylvania | $61K | +12% | 2,010 |
| Nevada | $60K | +9% | 1,410 |
| Minnesota | $59K | +8% | 1,040 |
| Virginia | $59K | +7% | 1,960 |
| Massachusetts | $58K | +6% | 1,500 |
| Wyoming | $58K | +6% | 90 |
| Rhode Island | $58K | +5% | N/A |
| North Dakota | $57K | +4% | 220 |
| Illinois | $54K | -1% | 1,310 |
| Iowa | $54K | -2% | 780 |
| South Dakota | $53K | -4% | 280 |
| Delaware | $52K | -5% | 240 |
| Mississippi | $51K | -8% | 580 |
| Georgia | $49K | -10% | 1,670 |
| Ohio | $49K | -11% | 1,590 |
| Florida | $49K | -11% | N/A |
| North Carolina | $48K | -12% | 2,710 |
| Texas | $47K | -14% | 6,010 |
| Kansas | $47K | -14% | 450 |
| Maine | $47K | -14% | 250 |
| Maryland | $47K | -14% | 1,240 |
| Michigan | $46K | -16% | 1,660 |
| Indiana | $46K | -17% | 1,820 |
| Washington | $45K | -17% | 1,360 |
| Arizona | $45K | -18% | 2,240 |
| Wisconsin | $44K | -19% | 1,550 |
| New Jersey | $43K | -21% | 3,220 |
| Nebraska | $43K | -22% | 420 |
| Oklahoma | $43K | -22% | 1,300 |
| Connecticut | $41K | -25% | 700 |
| South Carolina | $39K | -29% | 1,360 |
| Louisiana | $39K | -29% | 650 |
| New Mexico | $38K | -31% | 340 |
| Kentucky | $37K | -33% | 1,080 |
| Tennessee | $37K | -33% | 1,260 |
| West Virginia | $36K | -35% | 330 |
| Arkansas | $35K | -36% | 550 |
| Hawaii | $35K | -37% | N/A |
| Alabama | $33K | -39% | 290 |
Showing 1–10 of 48 states with published data
BLS does not publish data for every state when sample sizes are too small
Track tax preparers salary changes
BLS updates this data quarterly. We'll email you when Billings numbers change.
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Frequently asked questions
Can a tax preparer afford a 2BR apartment alone in Billings?
It’s a stretch — at the median salary of $66K, rent takes 32.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,417/month. The 30% guideline puts the comfortable ceiling at roughly $1,300/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for tax preparers in Billings?
The 10th-percentile wage — what new tax preparers typically earn — is $47K/year. Take-home on that works out to about $2,809/month. At HUD’s $1,417/month FMR, rent would take 50% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is tax preparer a high-paying job in Billings?
Local pay is 20% above the national median — $66K here vs. $55K nationally.
How does Billings compare to the national average for tax preparers?
Billings pays $66K median vs. the U.S. average of $55K — that’s +20%. After adjusting for local cost of living (RPP 93.53), the purchasing-power equivalent is $70K — still ahead of the national median.
How much do tax preparers make in Billings, MT?
The median is $65,930 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $46,810, and experienced tax preparers can clear $92,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $66K enough to live in Billings?
On that salary, you'd take home roughly $4,332/month after taxes. A 2-bedroom here rents for about $1,417/month, which eats 32.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a tax preparers salary go in Billings?
Billings has a Regional Price Parity of 93.53 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median tax preparers salary is worth about $70,491 in national-average purchasing power.
Where do tax preparers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.