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Business & Finance

Tax Preparers Salary

in McAllen-Edinburg-Mission, TX

In McAllen-Edinburg-Mission, TX, tax preparers earn $39,580 at the median, or about $19.03 an hour. The range runs from $28K at the entry level to $70K for experienced workers. Cost of living is below average (RPP 85.89), which stretches that salary to about $46,082 in buying power. A 2-bedroom apartment runs $1,060/month, about 37.2% of take-home, which is tight.

$40K
Median annual
$19.03/hr
Hourly rate
$28K
Entry level (10th %)
$70K
Senior level (90th %)

So what does $40K get you in McAllen-Edinburg-Mission?

Estimated take-home pay$2,820/mo
Rent (2BR median)-$1,060/mo
Rent as % of take-home37.6% ⚠ above 30% guideline
Groceries-$337/mo
Utilities-$168/mo
Transportation-$295/mo
Healthcare *-$196/mo
Left over$764/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by McAllen-Edinburg-Mission’s Regional Price Parity (85.89). 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.

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About tax preparers

Education: Bachelor's degree
U.S. employed: 76,480
McAllen-Edinburg-Mission, TX employed: 150
Category: Business & Finance

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What this looks like in McAllen-Edinburg-Mission

Pay for tax preparers in McAllen-Edinburg-Mission runs about 28% below the U.S. median of $55K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,060/month, which is 37.6% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 85.89 (national = 100), meaning everyday costs run about 14% 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.

Compared to nearby metros

Median pay for tax preparers in metros near McAllen-Edinburg-Mission, adjusted for local cost of living.

MetroMedian payCOL-adjusted
El Paso$60K$67K
Tyler$47K$51K
Dallas-Fort Worth-Arlington$47K$46K
Houston-Pasadena-The Woodlands$47K$48K

COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.

Compensation breakdown

Annual earnings by percentile, McAllen-Edinburg-Mission, TX

Bar chart showing Tax Preparers salary percentiles in McAllen-Edinburg-Mission, TX: 10th percentile $28,000, 25th percentile $28,850, median $39,580, 75th percentile $59,660, 90th percentile $69,600. Source: Bureau of Labor Statistics.10th$28K25th$29KMedian$40K75th$60K90th$70K
Bar chart showing Tax Preparers salary percentiles in McAllen-Edinburg-Mission, TX: 10th percentile $28,000, 25th percentile $28,850, median $39,580, 75th percentile $59,660, 90th percentile $69,600. Source: Bureau of Labor Statistics.

Entry-level tax preparers (10th percentile) start around $28K. Mid-career wages sit at $40K. Top earners bring in $70K or more, a $42K spread from bottom to top.

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Tax Preparers pay across states

Median income ranked highest to lowest, compared to the national figure

View Tax Preparers salary in all states
StateMedian salaryvs. nationalEmployment
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
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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 McAllen-Edinburg-Mission numbers change.

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Frequently asked questions

Can a tax preparer afford a 2BR apartment alone in McAllen-Edinburg-Mission?

It’s a stretch — at the median salary of $40K, rent takes 37.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,060/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 McAllen-Edinburg-Mission?

The 10th-percentile wage — what new tax preparers typically earn — is $28K/year. Take-home on that works out to about $1,680/month. At HUD’s $1,060/month FMR, rent would take 63% 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 McAllen-Edinburg-Mission?

Local pay runs 28% below the national median — $40K here vs. $55K nationally. Cost of living is 14% below the national average, which narrows that gap in real purchasing power.

How does McAllen-Edinburg-Mission compare to the national average for tax preparers?

McAllen-Edinburg-Mission pays $40K median vs. the U.S. average of $55K — that’s -28%. After adjusting for local cost of living (RPP 85.89), the purchasing-power equivalent is $46K — below the national median.

How much do tax preparers make in McAllen-Edinburg-Mission, TX?

The median is $39,580 a year, that works out to about $19 an hour. But the range is wide: entry-level workers start around $28,000, and experienced tax preparers can clear $69,600. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $40K enough to live in McAllen-Edinburg-Mission?

On that salary, you'd take home roughly $2,820/month after taxes. A 2-bedroom here rents for about $1,060/month, which eats 37.6% 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 McAllen-Edinburg-Mission?

McAllen-Edinburg-Mission has a Regional Price Parity of 85.89 (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 $46,082 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.

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