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Average Tax Preparers Salary in Kansas nonmetropolitan area

Tax Preparers in Kansas's nonmetropolitan areas earn an average annual salary of $45,190. This figure is notably below the national average of $58,860, reflecting the economic dynamics and potentially lower demand for specialized tax services in less densely populated regions. The compensation is directly influenced by the local economic landscape and the overall cost of doing business in these areas.

Executive Summary

  • Average Salary: $45,190 per year.
  • Growth Trend: Salaries have shifted 37.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,710.
  • Outlook: With a local workforce of 200 Tax Preparers and a Location Quotient of 1.12, the job market in Kansas's nonmetropolitan areas shows a slightly higher concentration of these professionals compared to the national average. This suggests a stable, albeit not rapidly expanding, demand for tax preparation services within these communities, indicating a steady job market for skilled individuals.
2024 Market Data

Salary Overview

$45,190

The average Tax Preparers in Kansas nonmetropolitan area earns-23.2%below the national average.

BreakdownBased on 40h/week
Hourly

$21.7

Weekly

$869

Monthly

$3,766

Tax Preparers Salary Distribution in Kansas nonmetropolitan area

Career progression for Tax Preparers typically involves moving from entry-level roles to senior or specialized positions. While specific salary percentiles are not detailed here, the gap between the lowest and highest earners generally widens with experience, signifying increased responsibility, client portfolios, and specialized knowledge acquisition. This progression allows for significant earning potential beyond the average salary.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,760$13.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,893$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$38,640$18.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,488$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,710$35.4

Detailed Tax Preparers Market Analysis

Relocation Context

Nominal Salary

$45,190

Gross Pay

Real Wage (Purchasing Power)

$45,190

Adjusted for COL (100)

The nominal average salary of $45,190 in Kansas's nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Tax Preparer's salary in this region is equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of living does not exacerbate the difference.

Job Market Context

200

Total Jobs

0.534

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Kansas nonmetropolitan area has a slightly higher-than-average concentration of Tax Preparers roles compared to the national norm.

The Location Quotient of 1.12 indicates that Tax Preparers are 12% more concentrated in Kansas's nonmetropolitan areas than the national average. This suggests a moderately competitive market where the supply of professionals is slightly higher relative to the national benchmark, but still indicates a healthy presence and demand for their services within the local economy.

Nearby Job Markets

Nearby Cities for Tax Preparers

CitySalaryDist.
Topeka, KS Tax Preparers Salary$62,580 38%66 mi
Wichita, KS Tax Preparers Salary$52,190 15%67 mi

Comparing salaries near Kansas nonmetropolitan area

Hiring Tax Preparerss?

Frequently Asked Questions

How much does a Tax Preparers make in Kansas nonmetropolitan area?

The median annual salary for a Tax Preparers in Kansas nonmetropolitan area is $45,190. This typically ranges from $27,760 for entry-level positions to $73,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kansas nonmetropolitan area is 23.2% lower than the national median of $58,860.

Is Kansas nonmetropolitan area a lucrative place for Tax Preparers?

No, not exceptionally lucrative compared to national averages.While the Cost of Living is at the national average, the average salary for Tax Preparers is significantly lower than the national average, indicating less lucrative earning potential in this specific region.

Is Kansas nonmetropolitan area a good place to live for Tax Preparers?

The Cost of Living Index in Kansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kansas nonmetropolitan area?

Some top paying nearby cities include Topeka, KS ($62,580) and Wichita, KS.

How does the local workforce size affect job prospects?

A local workforce of 200 Tax Preparers suggests a smaller, more niche job market. While this can mean less competition for experienced individuals, it also implies fewer overall opportunities compared to larger metropolitan areas.

What does a Location Quotient of 1.12 mean for Tax Preparers?

A Location Quotient of 1.12 signifies a slightly higher concentration of Tax Preparers in this area compared to the national average. This indicates a stable demand, but potentially a more competitive environment for entry-level positions.

How does the Cost of Living in Kansas nonmetropolitan areas compare nationally?

The Cost of Living Index is 100, which is exactly the national average. This means that the expenses for housing, food, and transportation are comparable to the national average, making the lower salary more impactful on disposable income.

What is the national average salary for Tax Preparers?

The national average annual salary for Tax Preparers is $58,860, which is considerably higher than the average salary of $45,190 reported for Kansas's nonmetropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Kansas nonmetropolitan area area with a job density of 0.534 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.