SalaryNode

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.
2024 Market Data

Salary Overview

$59,920

The average Tax Preparers in Rochester, NY earns+1.8%above the national average.

BreakdownBased on 40h/week
Hourly

$28.8

Weekly

$1,152

Monthly

$4,993

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 LevelMarket PercentileAnnual WageHourly 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

Above Average

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

Comparing salaries near Rochester, NY

Hiring Tax Preparerss?

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.