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.
Salary Overview
The average Tax Preparers in Buffalo-Cheektowaga, NY earns-5.2%below the national average.
$26.8
$1,073
$4,648
Tax Preparers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tax Preparers in Buffalo-Cheektowaga have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing complexity in tax laws, and a steady demand for skilled tax professionals.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
| City | Salary | Dist. |
|---|---|---|
| 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.
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Semantic Salary Analysis for Tax Preparers • Data source: BLS OEWS 2024 •Jobs in Buffalo-Cheektowaga, NY