Business & Finance Maryland (MD) Rank #8 of 50

Tax Preparer Salary in Maryland

The median tax preparer salary in Maryland is $53,234 per year, which is 15.0% above the national median of $46,290.

Median Salary
$53,234
vs National
+$6,944
State Rank
#8 of 50
Cost of Living
110%

Tax Preparer Salary Overview in Maryland (2026)

Maryland ranks #8 out of 50 states for tax preparer compensation. This places Maryland in the top tier nationally, making it one of the best states for tax preparers seeking high pay. At $53,234 per year, tax preparers in Maryland earn $6,944 more than the national median of $46,290.

It's worth noting that Maryland's cost of living is 110% of the national average, which reduces the real purchasing power of the $53,234 salary. After adjusting for cost of living, the effective salary is closer to $48,395.

The salary spread in Maryland is significant: tax preparers at the 10th percentile earn $28,750, while those at the 90th percentile bring home $101,200 — a $72,450 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maryland for this role is Silver Spring, where the median reaches $58,788.

Nationally, tax preparer employment is projected to grow 2% over the next decade (as fast as average). This steady growth indicates stable demand for tax preparers across the country.

Tax Preparer Salary in Maryland by Experience

In Maryland, an entry-level tax preparer earns around $32,200, while experienced professionals earn up to $94,300 per year. The cost of living index in Maryland is 110% of the national average.

Entry Level (0-2 yrs)
$32,200
+$4,200 vs national
Mid Level (3-7 yrs)
$55,200
+$7,200 vs national
Senior Level (8+ yrs)
$94,300
+$12,300 vs national

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Salary Percentiles in Maryland

Percentile MD Salary
10th Percentile $28,750
25th Percentile $36,800
Median (50th) $53,234
75th Percentile $74,750
90th Percentile $101,200

Tax Preparer Salary by City in Maryland

The largest employment areas for tax preparers in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.

How to Become a Tax Preparer in Maryland

Education

Most tax preparer positions require a high school diploma. Maryland has several accredited institutions offering relevant programs.

Key Skills

Tax LawTax SoftwareFinancial RecordsAttention to DetailClient CommunicationIRS Regulations

Job Outlook in Maryland

Nationally, tax preparer employment is projected to grow 2% over the next decade (as fast as average). Maryland's demand may vary based on local industry trends.

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Frequently Asked Questions: Tax Preparer Salary in Maryland

How much does a Tax Preparer make in Maryland? ▼
The median tax preparer salary in Maryland is $53,234 per year, which is 15.0% above the national median of $46,290. Salaries range from $28,750 (10th percentile) to $101,200 (90th percentile).
How much does a Tax Preparer make per hour in Maryland? ▼
Based on the median annual salary of $53,234, a tax preparer in Maryland earns approximately $26 per hour assuming a standard 2,080-hour work year.
Is Maryland a good state for tax preparers? ▼
Maryland ranks #8 out of 50 states for tax preparer pay. The cost of living index is 110% of the national average. Entry-level tax preparers earn $32,200, while senior professionals earn $94,300.
How does Maryland compare to other states for tax preparer salary? ▼
The highest paying state for tax preparers is Hawaii at $78,693. Maryland's median of $53,234 ranks #8 nationally. Nearby-ranked states include New Jersey ($56,937) and Connecticut ($55,548).
What is the entry-level tax preparer salary in Maryland? ▼
An entry-level tax preparer in Maryland earns approximately $32,200 per year. With 3-7 years of experience, pay increases to around $55,200. Senior-level professionals with 8+ years earn up to $94,300.
What city in Maryland pays tax preparers the most? ▼
Silver Spring is the highest paying city in Maryland for tax preparers, with a median salary of $58,788. Other cities include Baltimore and Columbia.