Tax Preparers Salary
In Kentucky, tax preparers earn $36,620 at the median, or about $17.6 an hour. The range runs from $22K at the entry level to $81K for experienced workers. Cost of living is below average (RPP 90.23), which stretches that salary to about $40,585 in buying power. A 2-bedroom apartment runs $1,110/month, about 44.4% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Kentucky. Jump to a metro for precise data:
So what does $37K get you in Kentucky?
About tax preparers
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Kentucky
Pay for tax preparers in Kentucky runs about 33% below the U.S. median of $55K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,110/month, which is 44.4% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 90.23 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for tax preparerss.
Compensation breakdown
Annual earnings by percentile, Kentucky
Entry-level tax preparers (10th percentile) start around $22K. Mid-career wages sit at $37K. Top earners bring in $81K or more, a $59K spread from bottom to top.
Tax Preparers salary by metro in Kentucky
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Louisville/Jefferson County | $57K | +56% | 280 |
| Lexington-Fayette | $39K | +5% | 240 |
| Bowling Green | $37K | +1% | 30 |
Compare to other states
Track tax preparers salary changes
BLS updates this data quarterly. We'll email you when Kentucky numbers change.
Related careers in Business & Finance
Frequently asked questions
Can a tax preparer afford a 2BR apartment alone in Kentucky?
It’s a stretch — at the median salary of $37K, rent takes 44.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,110/month. The 30% guideline puts the comfortable ceiling at roughly $800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for tax preparers in Kentucky?
The 10th-percentile wage — what new tax preparers typically earn — is $22K/year. Take-home on that works out to about $1,305/month. At HUD’s $1,110/month FMR, rent would take 85% 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 Kentucky?
Local pay runs 33% below the national median — $37K here vs. $55K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.
How does Kentucky compare to the national average for tax preparers?
Kentucky pays $37K median vs. the U.S. average of $55K — that’s -33%. After adjusting for local cost of living (RPP 90.23), the purchasing-power equivalent is $41K — below the national median.
How much do tax preparers make in Kentucky?
The median is $36,620 a year, that works out to about $18 an hour. But the range is wide: entry-level workers start around $21,750, and experienced tax preparers can clear $80,690. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $37K enough to live in Kentucky?
On that salary, you'd take home roughly $2,500/month after taxes. A 2-bedroom here rents for about $1,110/month, which eats 44.4% 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 Kentucky?
Kentucky has a Regional Price Parity of 90.23 (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 $40,585 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.
