Business & Finance New Mexico (NM) Rank #29 of 50

Tax Preparer Salary in New Mexico

The median tax preparer salary in New Mexico is $43,050 per year, which is 7% below the national median of $46,290.

Median Salary
$43,050
vs National
$-3,240
State Rank
#29 of 50
Cost of Living
93%

Tax Preparer Salary in New Mexico by Experience

In New Mexico, an entry-level tax preparer earns around $26,040, while experienced professionals earn up to $76,260 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$26,040
$-1,960 vs national
Mid Level (3-7 yrs)
$44,640
$-3,360 vs national
Senior Level (8+ yrs)
$76,260
$-5,740 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $23,250
25th Percentile $29,760
Median (50th) $43,050
75th Percentile $60,450
90th Percentile $81,840

Tax Preparer Salary by City in New Mexico

The largest employment areas for tax preparers in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

How to Become a Tax Preparer in New Mexico

Education

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

Key Skills

Tax LawTax SoftwareFinancial RecordsAttention to DetailClient CommunicationIRS Regulations

Job Outlook in New Mexico

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