SalaryNode

Average Tax Preparers Salary in Texas

Tax Preparers in Texas earn an average annual salary of $60,320, which is slightly above the national average of $58,860. This favorable compensation can be attributed to a combination of factors, including the state's economic landscape and the demand for specialized financial services.

Executive Summary

  • Average Salary: $60,320 per year.
  • Growth Trend: Salaries have shifted 17.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $96,700.
  • Outlook: With a local workforce of 5,930 Tax Preparers, Texas demonstrates a significant presence in this profession. The Location Quotient of 0.9 suggests that the concentration of Tax Preparers in Texas is nearly on par with the national average, indicating a stable and established job market for these professionals.
2024 Market Data

Salary Overview

$60,320

The average Tax Preparers in Texas earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$29

Weekly

$1,160

Monthly

$5,027

Tax Preparers Salary Distribution in Texas

The salary range for Tax Preparers in Texas typically expands significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive knowledge and a proven track record can command salaries in the upper percentiles. These percentile gaps highlight the substantial career progression and earning potential available as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,680$14.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,240$21.8
ManagerOversees team, compliance, and project delivery.50% (Median)$61,510$29.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$75,400$36.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$96,700$46.5

Detailed Tax Preparers Market Analysis

Relocation Context

Nominal Salary

$60,320

Gross Pay

Real Wage (Purchasing Power)

$64,860

Adjusted for COL (93)

The average annual salary of $60,320 in Texas offers a strong purchasing power, especially when considered against the state's Cost of Living Index of 93. This index is below the national average of 100, meaning that the nominal salary translates to a higher real income, allowing for a better standard of living compared to more expensive states.

Job Market Context

5,930

Total Jobs

0.429

Per 1K Jobs

0.9

Location Quotient

Below Average

Texas has 0.90x 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.

A Location Quotient of 0.9 indicates that Texas has a slightly lower concentration of Tax Preparers relative to its overall workforce compared to the national average. This suggests a healthy, albeit not exceptionally concentrated, job market where demand is consistent, and opportunities are readily available without being overly saturated.

Nearby Job Markets

Nearby Cities for Tax Preparers

Comparing salaries near Texas

Hiring Tax Preparerss?

Frequently Asked Questions

How much does a Tax Preparers make in Texas?

The median annual salary for a Tax Preparers in Texas is $60,320. This typically ranges from $29,680 for entry-level positions to $96,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 2.5% higher than the national median of $58,860.

Is Texas a lucrative place for Tax Preparerss?

Yes, Texas offers a lucrative environment for Tax Preparers.The average salary of $60,320 surpasses the national average, and the cost of living is below the national index, enhancing overall financial well-being.

Is Texas a good place to live for Tax Preparers?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($38,820) and Waco, TX.

How does the Texas job market for Tax Preparers compare nationally?

The job market in Texas is comparable to the national average, with a Location Quotient of 0.9, indicating a similar level of concentration for Tax Preparers.

What is the cost of living impact on a Tax Preparer's salary in Texas?

With a Cost of Living Index of 93, the $60,320 average salary in Texas provides more purchasing power than the national average salary in a higher cost-of-living area.

How many Tax Preparers are there in Texas?

Texas employs approximately 5,930 Tax Preparers, representing a notable segment of the state's financial services workforce.

Does experience significantly increase a Tax Preparer's salary in Texas?

Yes, experience is a key driver of salary growth for Tax Preparers in Texas, with senior roles commanding substantially higher compensation than entry-level positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,930 employees in the Texas area with a job density of 0.429 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.