Average Tax Preparers Salary in Waco, TX
The average salary for a Tax Preparers in Waco, TX is $57,030. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $57,030 per year.
- Growth Trend: Salaries have shifted 33.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,790.
- Outlook: This role remains a specialized component of the broader Waco, TX economy.
Salary Overview
The average Tax Preparers in Waco, TX earns-3.1%below the national average.
$27.4
$1,097
$4,753
Tax Preparers Salary Trends (2020-2024)
Over the past 4 years, Tax Preparers salaries in Waco, TX have experienced a rapid surge, growing by 33.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tax Preparers Salary Distribution in Waco, TX
The earning potential for Tax Preparerss in Waco, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $29,710, while highly experienced professionals can command wages upwards of $77,790.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,710 | $14.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,773 | $20.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,730 | $29.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $71,288 | $34.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $77,790 | $37.4 |
Detailed Tax Preparers Market Analysis
Relocation Context
Nominal Salary
$57,030
Gross Pay
Real Wage (Purchasing Power)
$57,030
Adjusted for COL (100)
In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $57,030 to $57,030.
Nearby Job Markets
Nearby Cities for Tax Preparers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Tax Preparers Salary | $44,840↓ 21% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Tax Preparers Salary | $43,580↓ 24% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Tax Preparers Salary | $36,070↓ 37% | 41 mi |
Comparing salaries near Waco, TX
Hiring Tax Preparerss?
Frequently Asked Questions
How much does a Tax Preparers make in Waco, TX?
The median annual salary for a Tax Preparers in Waco, TX is $57,030. This typically ranges from $29,710 for entry-level positions to $77,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 3.1% lower than the national median of $58,860.
Is Waco, TX a good place for Tax Preparerss?
It depends on your priorities. While the average Tax Preparers salary in Waco, TX is $57,030 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.
Is Waco, TX a good place to live for Tax Preparers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($44,840) and Hill Country Region of Texas 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 employees in the Waco, TX area with a job density of 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 Waco, TX