Tax Preparer salary in New Mexico
Tax Preparers in New Mexico earn a median of $38,060 a year ($18.30 an hour), based on BLS data for 340 workers.
Pay ranges from $27,250 for the lowest-paid 10% to $60,000 for the top 10%. That is 31% lower than the national median of $54,920. New Mexico ranks 42nd of 48 states for tax preparers pay. There are 0.39 tax preparers per 1,000 jobs here — the job is less common than nationally (location quotient 0.80). The average (mean) salary is $40,770, above the median because a few high earners pull it up.
Pay range for tax preparers in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $27,250 | $13.10 |
| 25th percentile | $28,900 | $13.89 |
| Median | $38,060 | $18.30 |
| 75th percentile | $46,450 | $22.33 |
| 90th percentile (top earners) | $60,000 | $28.85 |
| Average (mean) | $40,770 | $19.60 |
Half of tax preparers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $3,171.67 |
| Semi-monthly (24 a year) | $1,585.83 |
| Biweekly (26 a year) | $1,463.85 |
| Weekly | $731.92 |
| Hourly | $18.30 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Tax Preparer salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Albuquerque, NM | $38,490 | 190 |
Highest-paying states for tax preparers
| State | Median salary |
|---|---|
| New York | $71,850 |
| California | $70,030 |
| Utah | $66,720 |
| Montana | $63,080 |
| Missouri | $62,780 |
| Colorado | $62,620 |
| Alaska | $62,360 |
| New Hampshire | $61,370 |
| Oregon | $61,370 |
| Pennsylvania | $61,270 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,580 | $37.78 |
| Loan Officer | $62,610 | $30.10 |
| Financial and Investment Analysts | $87,630 | $42.13 |
| Budget Analyst | $87,360 | $42.00 |
| Financial Specialists, All Other | $80,610 | $38.76 |
| Personal Financial Advisor | $94,270 | $45.32 |
| Property Appraisers and Assessors | $50,550 | $24.30 |
| Financial Examiner | $67,950 | $32.67 |
| Credit Counselor | $50,390 | $24.23 |
| Tax Examiners and Collectors, and Revenue Agents | $56,260 | $27.05 |
| Financial Risk Specialist | $87,260 | $41.95 |
| Insurance Underwriter | $64,000 | $30.77 |
| Credit Analyst | $72,160 | $34.69 |
| Business Operations Specialists, All Other | $79,100 | $38.03 |
More: Business and Financial Operations Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2082. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a tax preparer make in New Mexico?
The median salary for tax preparers in New Mexico is $38,060 a year, or $18.30 an hour. Pay ranges from $27,250 for the lowest-paid 10% to $60,000 for the top 10%.
How much do the highest-paid tax preparers make in New Mexico?
The top 10% of tax preparers in New Mexico earn at least $60,000 a year. The top 25% earn $46,450 or more.
What is the starting pay for tax preparers in New Mexico?
Entry-level pay (the 10th percentile) is about $27,250 a year, and a quarter of tax preparers earn $28,900 or less.
How many tax preparers work in New Mexico?
About 340 tax preparers are employed in New Mexico, not counting the self-employed.