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Average Tax Preparers Salary in Buffalo-Cheektowaga, NY

Tax Preparers in Buffalo-Cheektowaga, NY, earn an average annual salary of $55,780. This figure is slightly below the national average of $58,860, indicating a localized compensation trend. Factors such as the regional demand for tax services and the overall economic landscape of Western New York likely influence this pay scale.

Executive Summary

  • Average Salary: $55,780 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,970.
  • Outlook: The Buffalo-Cheektowaga area supports a dedicated workforce of 290 Tax Preparers. With a Location Quotient of 1.15, this indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for their services within the region.
2024 Market Data

Salary Overview

$55,780

The average Tax Preparers in Buffalo-Cheektowaga, NY earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26.8

Weekly

$1,073

Monthly

$4,648

Tax Preparers Salary Distribution in Buffalo-Cheektowaga, NY

Salary progression for Tax Preparers in Buffalo-Cheektowaga, NY, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive knowledge and client bases can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,240$16.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,835$20.1
ManagerOversees team, compliance, and project delivery.50% (Median)$56,520$27.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,725$33.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$82,970$39.9

Detailed Tax Preparers Market Analysis

Relocation Context

Nominal Salary

$55,780

Gross Pay

Real Wage (Purchasing Power)

$55,780

Adjusted for COL (100)

The average annual salary of $55,780 in Buffalo-Cheektowaga, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This suggests that the nominal salary offers a purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

290

Total Jobs

0.549

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Buffalo-Cheektowaga, NY has a slightly higher-than-average concentration of Tax Preparers roles compared to the national norm.

A Location Quotient of 1.15 for Tax Preparers in Buffalo-Cheektowaga signifies a market where these professionals are slightly more concentrated than the national average. This suggests a healthy, competitive environment with a steady supply of talent, indicating that while opportunities exist, employers may have a solid pool of candidates to choose from.

Nearby Job Markets

Nearby Cities for Tax Preparers

CitySalaryDist.
Rochester, NY Tax Preparers Salary$59,920 7%65 mi
Erie, PA Tax Preparers Salary$51,610 7%83 mi

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Tax Preparerss?

Frequently Asked Questions

How much does a Tax Preparers make in Buffalo-Cheektowaga, NY?

The median annual salary for a Tax Preparers in Buffalo-Cheektowaga, NY is $55,780. This typically ranges from $34,240 for entry-level positions to $82,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 5.2% lower than the national median of $58,860.

Is Buffalo-Cheektowaga, NY a lucrative place for Tax Preparerss?

Moderately lucrative, with average pay matching the cost of living.The average salary of $55,780 aligns with the national cost of living index of 100, indicating a balanced financial landscape. While not exceptionally high, it offers stable earning potential within a slightly concentrated job market.

Is Buffalo-Cheektowaga, NY a good place to live for Tax Preparers?

The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($59,920) and Erie, PA.

How does the Buffalo-Cheektowaga salary compare to the national average?

The average salary for Tax Preparers in Buffalo-Cheektowaga, NY, is $55,780, which is slightly lower than the national average of $58,860.

What is the concentration of Tax Preparers in Buffalo-Cheektowaga?

The Location Quotient is 1.15, indicating a slightly higher concentration of Tax Preparers in Buffalo-Cheektowaga compared to the national average.

Does the cost of living affect the salary's value?

No, the local cost of living index is 100, matching the national average, so the $55,780 salary has equivalent purchasing power to the national average.

How many Tax Preparers work in Buffalo-Cheektowaga?

There are approximately 290 Tax Preparers employed in the Buffalo-Cheektowaga, NY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Buffalo-Cheektowaga, NY area with a job density of 0.549 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.