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The top three occupations in the Accounting, tax preparation, bookkeeping & payroll services Industry Group are accountants & auditors, bookkeeping, accounting, & auditing clerks, and tax preparers. On average, full-time employees in the Accounting, tax preparation, bookkeeping & payroll services Industry Group work 43.7 hours per week and have an average annual salary of $101,179. Part-time employees in the same industry work 21.3 hours and earn an average annual salary of $34,083.
The locations with the highest concentration of employees in the Accounting, tax preparation, bookkeeping & payroll services Industry Group are Oklahoma County (Central)--Oklahoma City, The Village & Nichols Hills Cities PUMA, OK, Bergen County (Central)--Ridgewood Village, Glen Rock & Westwood PUMA, NJ, and Houston City (West Central)--South of I-10 & Inside Loop I-610 PUMA, TX.
The workforce of Accounting, tax preparation, bookkeeping & payroll services Industry Group in 2024 was 1,130,923 people, with 61.6% woman, and 38.4% men.
In 2024, 69.1% of the workforce in the Accounting, tax preparation, bookkeeping & payroll services Industry Group was White (781,148 people), of which 60.8% were women and 39.2% men.
A snapshot of workforce, wages, and opportunities in the Accounting, tax preparation, bookkeeping & payroll services Industry Group.
The workforce in Accounting, tax preparation, bookkeeping & payroll services Industry Group was 1,130,923 people and is concentrated in California (131,625 workers). The average annual salary was $89,833, being $19,955 more than the national average salary, which was $69,878.
As of February 2023, there are 902k people employed in the Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry. This represents a 4.59% increase in employment when compared to February 2022.
This chart shows monthly employment numbers for Accounting, Tax Preparation, Bookkeeping, and Payroll Services over time (non-seasonally adjusted).
The states that concentrated the largest workforce in 2024 were California (132k), Texas (101k), and Florida (84.4k).
This map shows the states in the United States shaded by workforce for Accounting, tax preparation, bookkeeping & payroll services Industry Group.
In 2024, Accounting, tax preparation, bookkeeping & payroll services Industry Group had an average annual wage of $89,833, $19,955 more than the average national salary of $69,878.
The graph shows the position of Accounting, tax preparation, bookkeeping & payroll services Industry Group in the ranking of industries by average annual wage.
Accounting, tax preparation, bookkeeping & payroll services has a wage GINI of 0.462, which is less than than the national average of 0.474. In other words, wages are distributed more evenly in Accounting, tax preparation, bookkeeping & payroll services (shown in red) in comparison to the national average for those wage buckets (shown in gray).
The graphic shows the distribution of average salaries by buckets for Accounting, tax preparation, bookkeeping & payroll services Industry Group workers compared to the entire workforce in the country.
A review of jobs and wages in the Accounting, tax preparation, bookkeeping & payroll services Industry Group.
Accountants & auditors are the most common position with 480,131 workers, but the Accounting, tax preparation, bookkeeping & payroll services Industry Group employs a relatively high number of Bookkeeping, accounting, & auditing clerks and Tax preparers.
The highest average salary in Accounting, tax preparation, bookkeeping & payroll services goes to Economists.
The graph shows the distribution of employees in the Accounting, tax preparation, bookkeeping & payroll services Industry Group according to occupations. In 2024, the occupations that concentrated the largest number of employees in this industry were accountants & auditors (480,131 people), bookkeeping, accounting, & auditing clerks (112,190 people), and tax preparers (77,528 people)
On average, Male workers in the Accounting, tax preparation, bookkeeping & payroll services Industry Group make 1.67 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Accounting, tax preparation, bookkeeping & payroll services Industry Group.
Estimates of the sources of the costs and the purchasers of the products in the Accounting, tax preparation, bookkeeping & payroll services Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.
The industrial flow illustrates the intermediate inputs and the use of outputs of the Accounting, tax preparation, bookkeeping & payroll services Industry Group.
The Accounting, tax preparation, bookkeeping & payroll services Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.
California and Florida stand out as the states with the largest number of establishments in the Accounting, tax preparation, bookkeeping & payroll services Industry Group.
Professional and business services has the highest single input, by dollars, to the Accounting, tax preparation, bookkeeping & payroll services Industry Group, and the largest industry purchasing services from the Accounting, tax preparation, bookkeeping & payroll services Industry Group is Professional and business services.
In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.
The Accounting, tax preparation, bookkeeping & payroll services Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.
The Professional and business services Industry purchases the greatest share of products and services from the Accounting, tax preparation, bookkeeping & payroll services Industry Group in order to produce other goods and services. Purchases of the Accounting, tax preparation, bookkeeping & payroll services Industry Group for final consumption by consumers, businesses, or government are not included here.
The charts shows the distribution of establishments in the Accounting, tax preparation, bookkeeping & payroll services industry by states and the number of establishments according to size.
Demographic information on the Accounting, tax preparation, bookkeeping & payroll services Industry Group in the US.
Of the total workforce, 61.6% corresponds to women and 38.4% men. Male employees tend to earn more than Female employees, with average respective salaries of $119,443 and $71,347.
80.4% of workers have a bachelors degree, graduate degree or some college.
The workforce of Accounting, tax preparation, bookkeeping & payroll services industry in 2024 was 1,130,923 people, with 61.6% woman, and 38.4% men.
The visualization shows the distribution of the workforce by gender and age in Accounting, tax preparation, bookkeeping & payroll services industry.
In 2024, 69.1% of the workforce in the Accounting, tax preparation, bookkeeping & payroll services industry was White (781,148 people), of which 60.8% were women and 39.2% men.
Other races that concentrated a significant number of workers were Two or More Races and Asian.
The main educational levels achieved by the Accounting, tax preparation, bookkeeping & payroll services workers in 2024 were bachelors degree (479,836 people), graduate degree (262,596 people), and some college (166,267 people).
The chart shows the Accounting, tax preparation, bookkeeping & payroll services workforce by gender and educational level.
Growth projections of the Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 2.06% in the next ten years. The Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry has a lower projected workforce growth at 2.06%. Its projected 10-year growth in output (25%) is lower than the projected national growth in output (25%).
This line chart shows the projected 10-year growth in the number of jobs for Accounting, Tax Preparation, Bookkeeping, and Payroll Services. This industry is expected to grow approximately the same than 2.06%, the average rate of national job growth.
This line chart shows the projected 10-year growth in output of the Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry.