Tax Preparers Salary in Maryland
SOC 13-2082 · Maryland · BLS OEWS May 2024
The median salary for Tax Preparers in Maryland is $45,094 per year ($21.68/hr). This is 10.8% lower than the national median of $50,565. The middle 50% earn between $39,998 and $64,875 annually. Top earners at the 90th percentile reach $95,846.
Wage Percentiles: Maryland
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $16.69 | $34,715 | +13.8% |
| P25 | $19.23 | $39,998 | +6.0% |
| P50MEDIAN | $21.68 | $45,094 | -10.8% |
| P75 | $31.19 | $64,875 | -14.2% |
| P90 | $46.08 | $95,846 | -0.4% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median tax preparers salary in Maryland?
The median (P50) annual salary for Tax Preparers in Maryland is approximately $45,094, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 10.8% lower than the national median of $50,565.
What is the salary range for entry-level tax preparers in Maryland?
Entry-level Tax Preparers (10th percentile) in Maryland earn approximately $34,715 per year. The 25th percentile is $39,998. Top earners (90th percentile) reach $95,846.
How does Maryland compare to the national average for tax preparers?
Maryland pays 10.8% lower than the national average. The national P50 is $50,565 vs $45,094 in Maryland. Based on BLS national data adjusted for regional cost factors.
Tax Preparers Salary by Location
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