Tax Preparers Salary in Waco, TX
In Waco, TX, tax preparers earn $60,730 at the median — $29.2 an hour. The range runs from $30K at the entry level to $78K for experienced workers. Cost of living is below average (RPP 92.55), which stretches that salary to about $65,619 in buying power. Rent on a 2-bedroom averages $973/month, or 23.1% of estimated take-home pay.
So what does $61K get you in Waco?
Groceries, utilities, transportation, and healthcare scaled from national averages by Waco’s Regional Price Parity (92.55). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction.
About tax preparers
Sponsored links — AffordMap may earn a commission at no cost to you. Learn more
Compensation breakdown
Annual earnings by percentile, Waco, TX
Entry-level tax preparers (10th percentile) start around $30K. Mid-career wages sit at $61K. Top earners bring in $78K or more, a $48K spread from bottom to top.
Tax Preparers pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| 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 |
| Vermont | $54K | +7% | N/A |
| Maine | $51K | +1% | 360 |
| South Dakota | $51K | +1% | 350 |
| Ohio | $51K | +0% | 860 |
| Oregon | $49K | -3% | 1,480 |
| Nebraska | $49K | -3% | 580 |
| Connecticut | $49K | -3% | 700 |
| Florida | $49K | -4% | 3,490 |
| North Carolina | $48K | -6% | 2,550 |
| Pennsylvania | $47K | -6% | 2,480 |
| Michigan | $47K | -7% | 2,010 |
| New Hampshire | $47K | -8% | 330 |
| Indiana | $46K | -8% | 1,660 |
| Hawaii | $46K | -9% | 180 |
| Wisconsin | $46K | -9% | 1,110 |
| Washington | $45K | -11% | 1,350 |
| Maryland | $45K | -11% | 650 |
| Kansas | $45K | -11% | 630 |
| Arizona | $44K | -14% | 2,480 |
| Missouri | $42K | -16% | 1,300 |
| Delaware | $42K | -17% | 250 |
| Georgia | $42K | -17% | 1,940 |
| Nevada | $41K | -18% | 1,210 |
| Illinois | $39K | -22% | 550 |
| New Mexico | $38K | -25% | 340 |
| Oklahoma | $38K | -25% | 1,690 |
| South Carolina | $38K | -26% | 1,490 |
| Louisiana | $37K | -26% | 840 |
| Arkansas | $36K | -29% | 670 |
| Kentucky | $36K | -29% | 870 |
| Tennessee | $36K | -30% | 1,280 |
| Alabama | $33K | -34% | 550 |
| Mississippi | $33K | -34% | 620 |
| West Virginia | $30K | -40% | 320 |
Showing 1–10 of 49 states
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 Waco numbers change.
Related careers in Business & Finance
Frequently asked questions
How much do tax preparers make in Waco, TX?
The median is $60,730 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $29,710, and experienced tax preparers can clear $77,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $61K enough to live in Waco?
On that salary, you'd take home roughly $4,236/month after taxes. A 2-bedroom here rents for about $973/month, which eats 23% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a tax preparers salary go in Waco?
Waco has a Regional Price Parity of 92.55 (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 $65,619 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.