How Much Do Tax Associates Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary tax associates make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for tax associates and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of tax associates are offering as compensation.
Keep reading to learn more about how much tax associates can expect to make in the United States.
At a Glance: Salary & Jobs for Tax Associates
According to data from 2022, there were about 1,483,888 positions for tax associates in the United States. In terms of salary, the national median salary for tax associates was reported to be $78,000. Additionally, when examining job demand, employers across the country posted 381,719 job postings related to positions for tax associates.
How Much Money Do Tax Associates Make?
Median salary is just one data point. To build a better understanding of how much money tax associates and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for tax associates.
Annual Salary for Tax Associates
According to the BLS, the lowest earners for tax associates and related professions earned about $48,568 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $132,683 annually.
As mentioned previously, the median salary for tax associates in the United States in 2022 was $78,000.
Annual Salary Range For Tax Associates In 2022
Hourly Salary for Tax Associates
The BLS also breaks down compensation for tax associates by hourly salary, and the median average hourly pay for tax associates in 2022 was $38. Lowest hourly earners took home $23 while the highest reported hourly salaries for tax associates was $64.
Hourly Salary Range For Tax Associates In 2022
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Advertised Compensation for Tax Associates
Data from the BLS is one way to dig into compensation for tax associates, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for tax associates.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Tax Associates
Advertised Annual Salary
During a review of 450,893 job postings related to tax associates, advertised salary was included in 136,386 of them, which was 30%. Based on those postings, the median advertised salary for tax associates was $72,576 per year.
Hourly Salary from Job Postings for Tax Associates
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for tax associates. Based on 36% of postings with advertised compensation, the median hourly salary for open positions for tax associates in the United States is about $35.
Salary Trend for Tax Associates
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for tax associates. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for tax associates dating back to September 2019, advertised salaries for tax associates have increased 12%.
Advertised Wage Trend For Tax Associates
What's the Job Growth for Tax Associates?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for tax associates over the next 10 years.
According to the data obtained through Lightcast,™ there were 1,479,713 jobs for tax associates in the United States in 2022. By 2032, it is expected that about 177,905 jobs will be added. That's a 12% increase over the next 10-year period.
Employment Projections For Tax Associates
Additional Links
Ready to dig deeper into career information about tax associates? Visit our other pages focused on salary and education for tax associates.
What do tax associates do?
Tax Associates: How do you become one?
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