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Average Tax Preparers Salary in New York

Tax Preparers in New York earn an impressive average annual salary of $74,550, significantly outpacing the national average of $58,860. This substantial difference is largely attributed to New York's dynamic economic landscape and a higher demand for specialized financial services, which command premium compensation.

Executive Summary

  • Average Salary: $74,550 per year.
  • Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,930.
  • Outlook: With a local workforce of 6,880 Tax Preparers, New York demonstrates a robust employment base for this profession. The Location Quotient of 1.51 indicates a concentration of these roles that is 51% higher than the national average, suggesting strong and consistent demand within the state.
2024 Market Data

Salary Overview

$74,550

The average Tax Preparers in New York earns+26.7%above the national average.

BreakdownBased on 40h/week
Hourly

$35.8

Weekly

$1,434

Monthly

$6,213

Tax Preparers Salary Distribution in New York

Salary progression for Tax Preparers in New York typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive knowledge and client bases can command salaries in the upper percentiles, reflecting significant career advancement and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,110$18.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,913$26.9
ManagerOversees team, compliance, and project delivery.50% (Median)$73,230$35.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,188$44.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$109,930$52.9

Detailed Tax Preparers Market Analysis

Relocation Context

Nominal Salary

$74,550

Gross Pay

Real Wage (Purchasing Power)

$59,592

Adjusted for COL (125.1)

The nominal average salary of $74,550 in New York must be considered alongside its Cost of Living Index of 125.1. While the salary is considerably higher than the national average, the elevated cost of living means that the purchasing power of this salary may be closer to, or slightly above, the national average, requiring careful financial planning.

Job Market Context

6,880

Total Jobs

0.721

Per 1K Jobs

1.51

Location Quotient

Major Hub

New York has 1.5x 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.

A Location Quotient of 1.51 signifies that Tax Preparers are more concentrated in New York than the national average. This suggests a competitive yet abundant job market, where employers actively seek qualified professionals, and a strong pool of talent exists to fill these specialized roles.

Nearby Job Markets

Nearby Cities for Tax Preparers

CitySalaryDist.
Binghamton, NY Tax Preparers Salary$46,050↓ 38%49 mi
Scranton--Wilkes-Barre, PA Tax Preparers Salary$40,460↓ 46%64 mi
Utica-Rome, NY Tax Preparers Salary$49,450↓ 34%66 mi
Albany-Schenectady-Troy, NY Tax Preparers Salary$55,740↓ 25%68 mi

Comparing salaries near New York

Hiring Tax Preparerss?

Frequently Asked Questions

How much does a Tax Preparers make in New York?

The median annual salary for a Tax Preparers in New York is $74,550. This typically ranges from $38,110 for entry-level positions to $109,930 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 26.7% higher than the national median of $58,860.

Is New York a lucrative place for Tax Preparers?

Yes, New York is a lucrative place for Tax Preparers.The average salary of $74,550 is substantially higher than the national average, indicating strong earning potential despite the higher cost of living.

Is New York a good place to live for Tax Preparers?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($46,050) and Scranton--Wilkes-Barre, PA.

How does New York's Tax Preparer salary compare to the national average?

Tax Preparers in New York earn an average of $74,550 annually, which is approximately $15,690 more than the national average of $58,860.

What is the concentration of Tax Preparers in New York?

New York has a Location Quotient of 1.51 for Tax Preparers, meaning the profession is 51% more concentrated in the state compared to the national average.

How does the cost of living affect the Tax Preparer salary in New York?

With a Cost of Living Index of 125.1, New York is 25.1% more expensive than the national average. This means the higher salary is partially offset by increased living expenses.

What is the total number of Tax Preparers employed in New York?

There are approximately 6,880 Tax Preparers employed in New York, indicating a significant professional community within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,880 employees in the New York area with a job density of 0.721 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tax Preparers • Data source: BLS OEWS 2024 •Jobs in New York