Accounting, tax preparation, bookkeeping & payroll services

About

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.

Professional, Scientific & Technical Services Professional, Scientific & Management, and Administrative & Waste Management Services

Employment & Salaries

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.

Monthly Employment

Y-Axis

N/A%

Year-over-year N/A

Employment change between N/A N/A and N/A N/A

As of N/A N/A, there are N/A people employed in the N/A industry. This represents a N/A% N/A in employment when compared to N/A N/A.

This chart shows monthly employment numbers for N/A over time (non-seasonally adjusted).

Employment by Location

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.

Yearly Wage Ranking

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.

Wage Distribution

0.462

WAGE GINI

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.

Occupations

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 N/A.

Occupations Distribution

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)

Wage by Sex in Common Jobs

$119,443

AVERAGE MALE SALARY

±$4,792

$71,347

AVERAGE FEMALE SALARY

±$2,205

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.

Business

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 N/A 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.

Industrial Flow

The closest comparable data for Accounting, tax preparation, bookkeeping & payroll services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

N/A 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 N/A.

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.

Intermediate Inputs

The closest comparable data for Accounting, tax preparation, bookkeeping & payroll services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

HIGHEST INPUT INDUSTRY

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 N/A Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Accounting, tax preparation, bookkeeping & payroll services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

The N/A 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.

Establishments

States with more establishments in 2022

California
18,464
Florida
12,763
Texas
11,072

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.

Diversity

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.

Gender and Age

696,250

Women

61.6%

434,673

Men

38.4%

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.

Races

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.

Educational Levels

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.

Professional, Scientific & Management, and Administrative & Waste Management Services

Industry Sector

Accounting, tax preparation, bookkeeping & payroll services

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