BLS Official Data · OEWS May 2025

Tax Preparers in New Mexico

$40,770 / year · average (mean) annual wage
$19.6 per hour

▼ 33.1% below U.S. average46th of 48 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$40,770per year
Median$38,060per year
Hourly$19.6per hour
10th – 90th percentile$27,250 – $60,000per year

Tax Preparers Pay Range in New Mexico

Pay distribution across experience levels

  • 10th Percentile — Entry Level$27,250
  • 25th Percentile — Junior$28,900
  • 50th Percentile — Median$38,060
  • 75th Percentile — Senior$46,450
  • 90th Percentile — Top Earners$60,000

Half of Tax Preparers in New Mexico earn more than $38,060. The top 10% make $60,000 or more, while entry-level workers start around $27,250.

Tax Preparers in New Mexico: Key Facts

Source: BLS OEWS May 2025

  • New Mexico ranks 46th of 48 states for Tax Preparers pay, at $40,770 per year (33.1% below the U.S. average of $60,930).
  • 340 people work as Tax Preparers in New Mexico — 0.4% of all U.S. Tax Preparers jobs.
  • Location quotient 0.80: Tax Preparers jobs are less concentrated in New Mexico than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $27,250; the top 10% earn over $60,000.
  • Hourly equivalent: $19.6 per hour (2,080 hours/year).
  • The highest-paying state is New York at $79,160.
  • Among business jobs in New Mexico, Personal Financial Advisors pays the most ($151,100).

Tax Preparers Job Market in New Mexico

Key factors affecting compensation

New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Tax Preparers here earn $40,770 on average, placing the state 46th nationally.

With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $40,770 is roughly equivalent to $46,330 at the national average cost of living.

Compared with nearby states in the pay ranking, Tennessee ($45,740), Louisiana ($44,340), Arkansas ($43,350) are the closest alternatives for Tax Preparers weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Tax Preparers salary in New Mexico?

The average Tax Preparers salary in New Mexico is $40,770 per year (median $38,060), which is 33.1% below the national average of $60,930.

How does New Mexico rank for Tax Preparers pay?

New Mexico ranks 46th out of 48 states. The highest-paying state is New York ($79,160/yr).

How much do entry-level Tax Preparers make in New Mexico?

The lowest-paid 10% of Tax Preparers in New Mexico earn about $27,250 per year and the 25th percentile is $28,900.

How much do Tax Preparers make per hour in New Mexico?

About $19.6 per hour, based on the $40,770 annual average and 2,080 working hours per year.

How many Tax Preparers work in New Mexico?

BLS counts 340 Tax Preparers jobs in New Mexico (OEWS May 2025).

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