SalaryNode

Average Tax Preparers Salary in Southeast Minnesota nonmetropolitan area

The average salary for a Tax Preparers in Southeast Minnesota nonmetropolitan area is $61,300. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $61,300 per year.
  • Growth Trend: Salaries have shifted 89.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $117,760.
  • Outlook: The current demand for Tax Preparerss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Southeast Minnesota nonmetropolitan area economy.
2024 Market Data

Salary Overview

$61,300

The average Tax Preparers in Southeast Minnesota nonmetropolitan area earns+4.1%above the national average.

BreakdownBased on 40h/week
Hourly

$29.5

Weekly

$1,179

Monthly

$5,108

Tax Preparers Salary Distribution in Southeast Minnesota nonmetropolitan area

The earning potential for Tax Preparerss in Southeast Minnesota nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $32,360, while highly experienced professionals can command wages upwards of $117,760.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,360$15.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,975$22.1
ManagerOversees team, compliance, and project delivery.50% (Median)$42,370$20.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$76,625$36.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$117,760$56.6

Detailed Tax Preparers Market Analysis

Relocation Context

Nominal Salary

$61,300

Gross Pay

Real Wage (Purchasing Power)

$61,300

Adjusted for COL (100)

In Southeast Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $61,300 to $61,300.

Job Market Context

30

Total Jobs

0.201

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Southeast Minnesota nonmetropolitan area has a notably lower concentration of Tax Preparers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

30 people work as Tax Preparers in Southeast Minnesota nonmetropolitan area.

Only 0.201 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

Comparing salaries near Southeast Minnesota nonmetropolitan area

Hiring Tax Preparerss?

Frequently Asked Questions

How much does a Tax Preparers make in Southeast Minnesota nonmetropolitan area?

The median annual salary for a Tax Preparers in Southeast Minnesota nonmetropolitan area is $61,300. This typically ranges from $32,360 for entry-level positions to $117,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Minnesota nonmetropolitan area is 4.1% higher than the national median of $58,860.

Is Southeast Minnesota nonmetropolitan area a good place for Tax Preparerss?

Yes, Southeast Minnesota nonmetropolitan area is financially attractive for Tax Preparerss. The average salary of $61,300 exceeds the national average. See distinct detailed breakdown below.

Is Southeast Minnesota nonmetropolitan area a good place to live for Tax Preparers?

The Cost of Living Index in Southeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast 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 30 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 0.201 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.