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Tax Preparer Salary Information in New Mexico

The average annual and hourly salaries for tax preparers in the state of New Mexico are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of tax preparers amongst New Mexico metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Tax Preparers in New Mexico

Percentile BracketAverage Annual Salary
10th Percentile Wage
$19,310
25th Percentile Wage
$23,600
50th Percentile Wage
$36,560
75th Percentile Wage
$52,440
90th Percentile Wage
$66,640

Table 1 shows the average annual salary for tax preparers in New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $66,640. The median (50th percentile) annual salary is $36,560. The average annual salary for the bottom 10 percent is $19,310.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of tax preparers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$36,560
6.51% 23.28%
2016
$34,180
2.31% -
2015
$33,390
-10.12% -
2014
$36,770
16.40% -
2013
$30,740
8.75% -
2012
$28,050
- -

Table 3. Median Annual Salary of Tax Preparers in New Mexico Cities

Table 3 shows the median annual salary of tax preparers in some New Mexico cities and metropolitan areas. We note that the median annual salary of tax preparers in state of New Mexico ranges from $33,600 to $46,100. The highest paying area for tax preparers in New Mexico is Albuquerque with a median annual salary of $46,100. The second highest paying city/area in New Mexico State is Santa Fe (mean annual salary $39,150). The lowest paying area is Eastern New Mexico nonmetropolitan area with a median annual salary of $33,600.

Cities/Areas Median Annual Salary
Albuquerque
$46,100
Santa Fe
$39,150
Farmington
$34,720
North and West Central New Mexico nonmetropolitan area
$34,670
Eastern New Mexico nonmetropolitan area
$33,600




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