Average Tax Preparers Salary in North Carolina
Tax Preparers in North Carolina earn an average annual salary of $52,810, which is notably below the national average of $58,860. This difference in compensation is often influenced by a variety of regional economic factors, including the overall demand for tax services and the prevailing wage scales within the state's specific labor market.
Executive Summary
- Average Salary: $52,810 per year.
- Growth Trend: Salaries have shifted 67.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,510.
- Outlook: With a local workforce of 2,550 Tax Preparers, North Carolina demonstrates a stable presence in this profession. The Location Quotient of 1.09 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, perhaps growing, demand for skilled tax professionals within the state.
Salary Overview
The average Tax Preparers in North Carolina earns-10.3%below the national average.
$25.4
$1,016
$4,401
Tax Preparers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tax Preparers in North Carolina have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing tax complexity, evolving regulations, and a consistent need for accurate tax filing services.
Tax Preparers Salary Distribution in North Carolina
The salary trajectory for Tax Preparers in North Carolina typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,900 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,608 | $19 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,700 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,013 | $31.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $80,510 | $38.7 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$52,810
Gross Pay
Real Wage (Purchasing Power)
$55,648
Adjusted for COL (94.9)
The average annual salary of $52,810 in North Carolina aligns favorably with its Cost of Living Index of 94.9. This index, being slightly below the national average of 100, suggests that the nominal salary offers a reasonable purchasing power for residents, potentially allowing for a comfortable lifestyle relative to national benchmarks.
Job Market Context
2,550
Total Jobs
0.521
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, North Carolina has a slightly higher-than-average concentration of Tax Preparers roles compared to the national norm.
A Location Quotient of 1.09 indicates that Tax Preparer roles are slightly more concentrated in North Carolina than the national average. This suggests a healthy, competitive job market where employers actively seek qualified candidates, but the concentration is not so high as to indicate an oversaturated field.
Nearby Job Markets
Nearby Cities for Tax Preparers
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Tax Preparers Salary | $51,760↓ 2% | 32 mi |
| Burlington, NC Tax Preparers Salary | $48,570↓ 8% | 36 mi |
| Winston-Salem, NC Tax Preparers Salary | $52,050↓ 1% | 41 mi |
| Durham-Chapel Hill, NC Tax Preparers Salary | $55,070↑ 4% | 56 mi |
Comparing salaries near North Carolina
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Frequently Asked Questions
How much does a Tax Preparers make in North Carolina?
The median annual salary for a Tax Preparers in North Carolina is $52,810. This typically ranges from $29,900 for entry-level positions to $80,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Carolina is 10.3% lower than the national median of $58,860.
Is North Carolina a lucrative place for Tax Preparers?
Moderately. While the average salary is below the national average, the cost of living is also lower, making it a viable location.The average salary of $52,810 is less than the national average, but the cost of living index of 94.9 suggests that this salary offers good purchasing power within the state.
Is North Carolina a good place to live for Tax Preparers?
With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near North Carolina?
Some top paying nearby cities include Greensboro-High Point, NC ($51,760) and Burlington, NC.
How does the number of Tax Preparers in North Carolina compare nationally?
North Carolina has a workforce of 2,550 Tax Preparers, and with a Location Quotient of 1.09, the concentration of these roles is slightly higher than the national average.
What is the significance of the Location Quotient for Tax Preparers in North Carolina?
A Location Quotient of 1.09 signifies that Tax Preparers are slightly more prevalent in North Carolina compared to the national average, suggesting a robust demand for their services.
How does the cost of living in North Carolina affect the Tax Preparer salary?
With a Cost of Living Index of 94.9, North Carolina is more affordable than the national average, meaning the $52,810 salary can provide a better standard of living than it might in a higher cost area.
What factors influence the salary of a Tax Preparer in North Carolina?
Salaries are influenced by experience level, specific skills, the size and type of employer, and the economic conditions within North Carolina's diverse regional markets.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,550 employees in the North Carolina area with a job density of 0.521 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 North Carolina