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Tax Preparers Salary in U.S. (2024)

In U.S., tax preparers earn $50,560 at the median — $24.31 an hour. The range runs from $31K at the entry level to $96K for experienced workers.

Updated

AffordMap analysis of BLS Occupational Employment and Wage Statistics, May 2024

$51K
Median annual
$24.31/hr
Hourly rate
$31K
Entry level (10th %)
$96K
Senior level (90th %)

So what does $51K get you in U.S.?

Estimated monthly take-home$3,555/mo
Median 2BR rent-$1,412/mo
Rent as % of take-home39.7% (above 30% guideline)
Cost-of-living adjusted salary$50,560/yr
Monthly remaining after rent$2,143/mo
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About tax preparers

U.S. employed: 73,570
Category: Business & Finance
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Compensation breakdown

Annual earnings by percentile, U.S.

Bar chart showing Tax Preparers salary percentiles in U.S.: 10th percentile $30,500, 25th percentile $37,750, median $50,560, 75th percentile $75,590, 90th percentile $96,240. Source: Bureau of Labor Statistics.10th$31K25th$38KMedian$51K75th$76K90th$96K
Bar chart showing Tax Preparers salary percentiles in U.S.: 10th percentile $30,500, 25th percentile $37,750, median $50,560, 75th percentile $75,590, 90th percentile $96,240. Source: Bureau of Labor Statistics.

Entry-level tax preparers (10th percentile) start around $31K. Mid-career wages sit at $51K.Top earners bring in $96K or more - a $66K 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

StateMedian salaryvs. nationalEmployment
Alaska$77K+52%80
New York$73K+45%6,880
California$73K+45%10,700
Montana$71K+41%340
Minnesota$66K+30%1,330
Texas$62K+22%5,930
Wyoming$60K+19%120
Virginia$59K+17%2,200
North Dakota$59K+17%300
Massachusetts$59K+16%1,800
Utah$59K+16%1,470
Iowa$57K+14%600
New Jersey$56K+12%2,460
Rhode Island$56K+11%N/A
Idaho$55K+8%N/A

Track tax preparers salary changes

BLS updates this data quarterly. We'll email you when U.S. numbers change.

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Frequently asked questions

How much do tax preparers make in U.S.?

The median is $50,560 a year - that works out to about $24.31 an hour. The range is wide: entry-level workers start around $30,500, and experienced tax preparers can clear $96,240. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $51K enough to live in U.S.?

On that salary, you'd take home roughly $3,555/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 39.7% 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 U.S.?

U.S. has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median tax preparers salary is worth about $50,560 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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