Average Tax Preparers Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
Tax Preparers in the Kiryas Joel-Poughkeepsie-Newburgh, NY area earn an average annual salary of $59,820. This figure slightly surpasses the national average of $58,860, indicating a localized demand that slightly elevates compensation. The specific economic drivers and industry concentration within this metropolitan area contribute to this favorable pay scale for tax professionals.
Executive Summary
- Average Salary: $59,820 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,350.
- Outlook: The job market for Tax Preparers in Kiryas Joel-Poughkeepsie-Newburgh, NY, appears robust, supported by a local workforce of 200 individuals in this role. The Location Quotient of 1.56 signifies a concentration of these jobs that is 56% higher than the national average, suggesting a strong and potentially growing demand for tax preparation services within the region.
Salary Overview
The average Tax Preparers in Kiryas Joel-Poughkeepsie-Newburgh, NY earns+1.6%above the national average.
$28.8
$1,150
$4,985
Tax Preparers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tax Preparers in Kiryas Joel-Poughkeepsie-Newburgh, NY, have experienced steady growth over the past four years. This trend would likely mirror national patterns of increasing demand for tax expertise, driven by evolving tax laws and a consistent need for financial guidance, leading to incremental salary increases.
Tax Preparers Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
Career progression for Tax Preparers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive knowledge and client bases can command salaries in the higher percentiles. The observed salary range within Kiryas Joel-Poughkeepsie-Newburgh, NY, reflects these distinctions, with substantial earning potential for senior tax experts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,680 | $17.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,865 | $21.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,040 | $26.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,775 | $35.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,350 | $49.2 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$59,820
Gross Pay
Real Wage (Purchasing Power)
$59,820
Adjusted for COL (100)
The average annual salary of $59,820 in Kiryas Joel-Poughkeepsie-Newburgh, NY, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Tax Preparer's salary in this area is equivalent to the national average, offering a stable financial standing without the added pressure of higher living expenses.
Job Market Context
200
Total Jobs
0.744
Per 1K Jobs
1.56
Location Quotient
Kiryas Joel-Poughkeepsie-Newburgh, NY has 1.6x the national concentration of Tax Preparers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.56, the Kiryas Joel-Poughkeepsie-Newburgh, NY, market exhibits a notable concentration of Tax Preparer roles compared to the national landscape. This suggests that the demand for these professionals is relatively higher in this region, potentially leading to a more competitive job market for employers seeking talent, and offering more opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Tax Preparers
| City | Salary | Dist. |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ Tax Preparers Salary | $74,640↑ 25% | 44 mi |
| Bridgeport-Stamford-Danbury, CT Tax Preparers Salary | $60,460↑ 1% | 51 mi |
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
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Frequently Asked Questions
How much does a Tax Preparers make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a Tax Preparers in Kiryas Joel-Poughkeepsie-Newburgh, NY is $59,820. This typically ranges from $35,680 for entry-level positions to $102,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 1.6% higher than the national median of $58,860.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for Tax Preparers?
Yes, it is slightly more lucrative than the national average.The average salary of $59,820 exceeds the national average, and the cost of living is on par, indicating good earning potential. The high concentration of jobs (LQ 1.56) also suggests strong local demand.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Tax Preparers?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($74,640) and Bridgeport-Stamford-Danbury, CT.
How does the local salary compare to the national average?
The average salary for Tax Preparers in Kiryas Joel-Poughkeepsie-Newburgh, NY, is $59,820, which is slightly higher than the national average of $58,860.
What is the significance of the Location Quotient (LQ) of 1.56?
An LQ of 1.56 means that Tax Preparer jobs are 56% more concentrated in the Kiryas Joel-Poughkeepsie-Newburgh, NY area than the national average, indicating a stronger local job market for this profession.
Does the cost of living affect the value of a Tax Preparer's salary in this area?
No, the cost of living in Kiryas Joel-Poughkeepsie-Newburgh, NY, is exactly at the national average (100). Therefore, the nominal salary of $59,820 has the same purchasing power as it would nationally.
How many Tax Preparers are employed in the Kiryas Joel-Poughkeepsie-Newburgh, NY area?
There are approximately 200 Tax Preparers employed within the Kiryas Joel-Poughkeepsie-Newburgh, NY metropolitan area, representing 0.744 jobs per 1,000 workers.
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 Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 0.744 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 Kiryas Joel-Poughkeepsie-Newburgh, NY