Business & Finance Covington, KY
Pop. 40,961
Tax Preparer Salary in Covington, Kentucky
The median tax preparer salary in Covington, KY is $40,735 per year, which is 12% below the national median and 1.1% above the Kentucky state average.
City Median
$40,735
vs State Avg
+$463
vs National
$-5,555
Cost of Living
88%
Tax Preparer Salary in Covington by Experience
In Covington, an entry-level tax preparer earns around $24,640, while experienced professionals earn up to $72,160 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$24,640
$-3,360 vs national
Mid Level (3-7 yrs)
$42,240
$-5,760 vs national
Senior Level (8+ yrs)
$72,160
$-9,840 vs national
Salary Percentiles in Covington, KY
| Percentile | Covington |
|---|---|
| 10th Percentile | $22,000 |
| 25th Percentile | $28,160 |
| Median (50th) | $40,735 |
| 75th Percentile | $57,200 |
| 90th Percentile | $77,440 |
Tax Preparer Salary in Other Kentucky Cities
How to Become a Tax Preparer in Covington
Education
Most tax preparer positions require a high school diploma. Covington and the surrounding Kentucky area have institutions offering relevant programs.
Key Skills
Tax LawTax SoftwareFinancial RecordsAttention to DetailClient CommunicationIRS Regulations
Job Outlook
Nationally, tax preparer employment is projected to grow 2% over the next decade (as fast as average). Demand in Covington may vary based on local industry and population growth.