Tax preparers

Detailed Occupation

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2021 Workforce

86.9k

Average Age

48.2

Estimated Job Growth

−0.566%

10-year projection

Average Salary

$58,898

Average Male Salary

$78,876

Average Female Salary

$46,321

About

Tax preparers are most often employed by the Accounting, tax preparation, bookkeeping & payroll services industry. The average yearly wage for Tax preparers was $58,898 in 2021.

The locations that employ the most Tax preparers are Tracy, Manteca & Lathrop Cities PUMA, CA, Hilton Head Island, Bluffton Towns & Beaufort City PUMA, SC, and Albany County (Outside Albany City) PUMA, NY. The locations with a relatively high concentration of Tax preparers are Oneida, Lincoln, Vilas, Langlade & Forest Counties PUMA, WI, Marion County (North) PUMA, FL, and South of I-635 & West of US-75 PUMA, TX.

Management, business, & financial occupations Management, business, science, & arts occupations Business & financial operations occupations

Employment and salary information for the Tax preparers workforce. Tax preparers workforce in 2021 was 86,918 people, of which 61.4% were women and 38.6% were men. Tax preparers are paid most in San Jose (West Central) & Campbell Cities PUMA, CA but are relatively concentrated in Oneida, Lincoln, Vilas, Langlade & Forest Counties PUMA, WI.

Employment Over Time

Metric

Grouping

33,579

Male Workforce

± 4.5k

53,339

Female Workforce

± 5.67k

The Tax preparers workforce in 2021 was 86,918 people (61.4% women and 38.6% men). This implies an average annual growth of 4.36% between 2014 (83,283) and 2021 (86,918).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Tax preparers.

During 2021, the states that concentrated the best average annual wage were District of Columbia ($135,159), Massachusetts ($99,586), and Texas ($77,121).

Yearly Wage Ranking

$58,898

AVERAGE WAGE

#222 in the ranking (2021)

$59,596

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2021, Tax preparers earned an average of $58,898, $697 less than the average national salary of $59,596

The graph shows the ranking of Tax preparers in relation to all Detailed Occupation in 2021.

Wage Distribution

Gender

0.564

WAGE GINI

In 2021, Tax preparers had a wage GINI coefficient of 0.564, which is higher than the national average of 0.478. In other words, wages are distributed less evenly for Tax preparers (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Tax preparers compared to the entire workforce in the country.

Industry

Information on the industries that employ Tax preparers and on wages for those in the field. Accounting, tax preparation, bookkeeping & payroll services is the industry that employs the most Tax preparers, both by share and by number, though the highest paid industry for Tax preparers, by average wage, is Petroleum refining ($223,832).

Occupations by Industries

Metric

Value

86.9k

2021 Workforce

± 7,236

−0.299%

1 YEAR GROWTH

± 11.8%

This graphic shows the share of Tax preparers employed by various industries. Accounting, tax preparation, bookkeeping & payroll services employs the largest share of Tax preparers at 93.8%, followed by Public finance activities with 4.96% and Securities, commodities, funds, trusts & other financial investments with 1.21%.

Diversity

Demographic information on Tax preparers in the US. The workforce of Tax preparers in 2021 was 86,918 people, with 61.4% woman, and 38.6% men. The average age of male Tax preparers in the workforce is 48.1 and of female Tax preparers is 48.2, and the most common race/ethnicity for Tax preparers is White.

Gender and Age

Metric

The workforce of Tax preparers in 2021 was 86,918 people, with 61.4% woman, and 38.6% men.

The age ranges that concentrated the largest workforce were 55 to 59 years (9,393 people), 60 to 64 years (8,868 people), and 50 to 54 years (8,364 people). Among them they concentrated 30.8% of the total workforce.

Ethnicity

Gender

In 2021, 16.1% of Tax preparers workers were Hispanic and 83.9% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (83.8%), Puerto Rican (8.72)%, and Dominican (7.5)%

You can review this information by gender using the selectors above.

Races

In 2021, 71% of the Tax preparers workforce were White, of which 59.1% were women and 40.9% men. Other races that concentrated a significant number of workers were Black (11%) and Asian (7.84%).

Education & Skills

Data on higher education choices for Tax preparers from The Department of Education and Census Bureau. The most common major for Tax preparers is Business but the most specialized major according to RCA in 2021 were Business.

Among the necessary skills for Tax preparers, Reading Comprehension stands, but the revealed comparative advantage (RCA) shows that Tax preparers need more than the average amount of Mathematics.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Tax preparers in 2021 (counting all academic degrees) were Business (25,938 people), Social Sciences (3,762 people), and Engineering (1,867 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Tax preparers workers were Bachelors Degree (28,723 people), Some college (18,584 people), and Graduate Degree (18,164 people).

The graphic shows the Tax preparers workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Tax preparers from the Bureau of Labor Statistics. Tax preparers need many skills, but most especially Reading Comprehension, Active Listening, Critical Thinking.

Projections

Projections on job growth for Tax Preparers from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Tax Preparers are expected to see a growth of −0.566% over the same period. This occupation is expected to grow less than the national average.

Job Growth

−0.566%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Tax preparers. This profession is expected to grow less than than 3.71%, the average rate of national job growth.