Average Tax Preparers Salary in Rochester, NY
Tax Preparers in Rochester, NY, earn an average annual salary of $59,920, slightly exceeding the national average of $58,860. This marginal advantage in compensation is often influenced by the specific economic drivers and demand within the Rochester metropolitan area for specialized financial services.
Executive Summary
- Average Salary: $59,920 per year.
- Growth Trend: Salaries have shifted 1.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,890.
- Outlook: With a local workforce of 240 Tax Preparers and a Location Quotient of 1.02, Rochester exhibits a stable and slightly concentrated job market for this profession. The number of jobs per 1,000 workers, at 0.489, indicates a consistent, albeit not overwhelmingly high, demand for these services within the region, suggesting a robust but not rapidly expanding employment landscape.
Salary Overview
The average Tax Preparers in Rochester, NY earns+1.8%above the national average.
$28.8
$1,152
$4,993
Tax Preparers Salary Trends (2020-2024)
While specific historical data for Rochester's Tax Preparers is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic shifts, evolving tax laws, and inflation typically drive incremental salary growth for skilled professionals in the financial sector.
Tax Preparers Salary Distribution in Rochester, NY
Salary progression for Tax Preparers in Rochester, NY, typically correlates with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive knowledge of complex tax codes and client management can command salaries in the upper percentiles. These percentile gaps signify clear career advancement opportunities and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,820 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,940 | $21.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,010 | $27.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,900 | $36 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,890 | $48.5 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$59,920
Gross Pay
Real Wage (Purchasing Power)
$59,920
Adjusted for COL (100)
The average annual salary of $59,920 in Rochester, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Tax Preparer's salary in Rochester is equivalent to the national average, offering a stable financial standing without significant gains or losses in real income compared to the rest of the country.
Job Market Context
240
Total Jobs
0.489
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Rochester, NY has a slightly higher-than-average concentration of Tax Preparers roles compared to the national norm.
A Location Quotient of 1.02 indicates that Tax Preparers are slightly more concentrated in Rochester, NY, than the national average. This suggests a healthy, competitive market where demand is met by a workforce that is marginally more prevalent locally. While not a high-demand hotspot, the stable concentration implies consistent opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Tax Preparers
| City | Salary | Dist. |
|---|---|---|
| Buffalo-Cheektowaga, NY Tax Preparers Salary | $55,780↓ 7% | 65 mi |
| Syracuse, NY Tax Preparers Salary | $60,570↑ 1% | 75 mi |
| Ithaca, NY Tax Preparers Salary | $59,150↓ 1% | 75 mi |
Comparing salaries near Rochester, NY
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Frequently Asked Questions
How much does a Tax Preparers make in Rochester, NY?
The median annual salary for a Tax Preparers in Rochester, NY is $59,920. This typically ranges from $34,820 for entry-level positions to $100,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, NY is 1.8% higher than the national median of $58,860.
Is Rochester, NY a lucrative place for Tax Preparers?
Yes, Rochester, NY offers a competitive environment for Tax Preparers.The average salary slightly surpasses the national average, and the cost of living is on par, indicating good earning potential. The stable job market with a slightly higher concentration of professionals suggests consistent demand.
Is Rochester, NY a good place to live for Tax Preparers?
The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, NY?
Some top paying nearby cities include Buffalo-Cheektowaga, NY ($55,780) and Syracuse, NY.
How does Rochester's Tax Preparer salary compare to the national average?
The average annual salary for Tax Preparers in Rochester, NY, is $59,920, which is slightly higher than the national average of $58,860.
What is the Cost of Living in Rochester, NY for Tax Preparers?
Rochester, NY has a Cost of Living Index of 100, which is exactly the national average. This means your salary will have the same purchasing power as it would on average across the United States.
How concentrated is the Tax Preparer job market in Rochester, NY?
The job market for Tax Preparers in Rochester, NY, is slightly more concentrated than the national average, with a Location Quotient of 1.02, indicating a stable presence of these professionals.
What is the total number of Tax Preparers in Rochester, NY?
There are approximately 240 Tax Preparers employed in the Rochester, NY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Rochester, NY area with a job density of 0.489 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 Rochester, NY