Average Tax Preparers Salary in St. Cloud, MN
Yes, St. Cloud, MN is a highly lucrative market for Tax Preparerss. With an average annual salary of $75,810, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $75,810 per year.
- Growth Trend: Salaries have shifted 25.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,020.
- Outlook: The current demand for Tax Preparerss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader St. Cloud, MN economy.
Salary Overview
The average Tax Preparers in St. Cloud, MN earns+28.8%above the national average.
$36.5
$1,458
$6,318
Tax Preparers Salary Trends (2020-2024)
Over the past 3 years, Tax Preparers salaries in St. Cloud, MN have experienced a rapid surge, growing by 25.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tax Preparers Salary Distribution in St. Cloud, MN
The earning potential for Tax Preparerss in St. Cloud, MN 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 $35,240, while highly experienced professionals can command wages upwards of $128,020.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,240 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,858 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,550 | $35.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,763 | $45.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,020 | $61.5 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$75,810
Gross Pay
Real Wage (Purchasing Power)
$75,810
Adjusted for COL (100)
In St. Cloud, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $75,810 to $75,810.
Job Market Context
40
Total Jobs
0.373
Per 1K Jobs
0.78
Location Quotient
St. Cloud, MN has 0.78x 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.
40 people work as Tax Preparers in St. Cloud, MN.
Only 0.373 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. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Tax Preparers Salary | $62,970↓ 17% | 17 mi |
| Southeast Minnesota nonmetropolitan area Tax Preparers Salary | $61,300↓ 19% | 17 mi |
| Southwest Minnesota nonmetropolitan area Tax Preparers Salary | $84,650↑ 12% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Tax Preparers Salary | $74,060↓ 2% | 59 mi |
Comparing salaries near St. Cloud, MN
Hiring Tax Preparerss?
Frequently Asked Questions
How much does a Tax Preparers make in St. Cloud, MN?
The median annual salary for a Tax Preparers in St. Cloud, MN is $75,810. This typically ranges from $35,240 for entry-level positions to $128,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in St. Cloud, MN is 28.8% higher than the national median of $58,860.
Is St. Cloud, MN a good place for Tax Preparerss?
Yes, St. Cloud, MN is financially attractive for Tax Preparerss. The average salary of $75,810 exceeds the national average. See distinct detailed breakdown below.
Is St. Cloud, MN a good place to live for Tax Preparers?
The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near St. Cloud, MN?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($62,970) and Southeast Minnesota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the St. Cloud, MN area with a job density of 0.373 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 St. Cloud, MN