Average Tax Preparers Salary in Northwest Minnesota nonmetropolitan area
The average salary for a Tax Preparers in Northwest Minnesota nonmetropolitan area is $62,970. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $62,970 per year.
- Growth Trend: Salaries have shifted 58.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,660.
- Outlook: The current demand for Tax Preparerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Northwest Minnesota nonmetropolitan area economy.
Salary Overview
The average Tax Preparers in Northwest Minnesota nonmetropolitan area earns+7.0%above the national average.
$30.3
$1,211
$5,248
Tax Preparers Salary Trends (2020-2024)
Over the past 4 years, Tax Preparers salaries in Northwest Minnesota nonmetropolitan area have experienced a rapid surge, growing by 58.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tax Preparers Salary Distribution in Northwest Minnesota nonmetropolitan area
The earning potential for Tax Preparerss in Northwest Minnesota nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $33,030, while highly experienced professionals can command wages upwards of $101,660.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,030 | $15.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,228 | $22.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,080 | $27.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $78,713 | $37.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,660 | $48.9 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$62,970
Gross Pay
Real Wage (Purchasing Power)
$62,970
Adjusted for COL (100)
In Northwest Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $62,970 to $62,970.
Job Market Context
80
Total Jobs
0.401
Per 1K Jobs
0.84
Location Quotient
Northwest Minnesota nonmetropolitan area has 0.84x the national average concentration of Tax Preparers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
80 people work as Tax Preparers in Northwest Minnesota nonmetropolitan area.
Only 0.401 out of every 1,000 local jobs are Tax Preparers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Tax Preparers
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Tax Preparers Salary | $75,810↑ 20% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Tax Preparers Salary | $74,060↑ 18% | 58 mi |
Comparing salaries near Northwest Minnesota nonmetropolitan area
Hiring Tax Preparerss?
Frequently Asked Questions
How much does a Tax Preparers make in Northwest Minnesota nonmetropolitan area?
The median annual salary for a Tax Preparers in Northwest Minnesota nonmetropolitan area is $62,970. This typically ranges from $33,030 for entry-level positions to $101,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Minnesota nonmetropolitan area is 7.0% higher than the national median of $58,860.
Is Northwest Minnesota nonmetropolitan area a good place for Tax Preparerss?
Yes, Northwest Minnesota nonmetropolitan area is financially attractive for Tax Preparerss. The average salary of $62,970 exceeds the national average. See distinct detailed breakdown below.
Is Northwest Minnesota nonmetropolitan area a good place to live for Tax Preparers?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($75,810) and Minneapolis-St. Paul-Bloomington, MN-WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 0.401 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 Northwest Minnesota nonmetropolitan area