Financial Risk Specialists vs Tax Preparers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Risk Specialists professionals earn $55,440 more per year than Tax Preparers professionals — that's 109.7% higher. At the 90th percentile, Financial Risk Specialists earns $182,310 compared to $96,240 for Tax Preparers.
Salary Range Comparison
Financial Risk Specialists$62,270 – $182,310
Tax Preparers$30,500 – $96,240
$30,500$182,310
Detailed Salary Comparison
| Percentile | Financial Risk Specialists | Tax Preparers | Difference |
|---|---|---|---|
| 10th Percentile | $62,270 | $30,500 | +$31,770 |
| 25th Percentile | $80,280 | $37,750 | +$42,530 |
| Median (50th) | $106,000 | $50,560 | +$55,440 |
| 75th Percentile | $145,020 | $75,590 | +$69,430 |
| 90th Percentile | $182,310 | $96,240 | +$86,070 |
| Mean (Average) | $119,930 | $58,860 | +$61,070 |
Employment Numbers
Financial Risk Specialists
56,320
employed nationwide
Tax Preparers
73,570
employed nationwide
Top Paying Cities
Best Cities for Financial Risk Specialists
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $141,960 |
| San Francisco-Oakland-Berkeley, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
Best Cities for Tax Preparers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $83,600 |
| San Francisco-Oakland-Berkeley, CA | $83,240 |
| Los Angeles-Long Beach-Anaheim, CA | $74,670 |
| New York-Newark-Jersey City, NY-NJ-PA | $71,990 |
| Houston-The Woodlands-Sugar Land, TX | $68,160 |
Frequently Asked Questions
Who earns more: Financial Risk Specialists or Tax Preparers?
Financial Risk Specialists professionals earn more, with a median salary difference of $55,440 (109.7% higher) as of 2024 BLS data.
What is the salary range for Financial Risk Specialists?
Financial Risk Specialists salaries range from $62,270 (10th percentile) to $182,310 (90th percentile), with a median of $106,000.
What is the salary range for Tax Preparers?
Tax Preparers salaries range from $30,500 (10th percentile) to $96,240 (90th percentile), with a median of $50,560.
How many Financial Risk Specialists and Tax Preparers jobs are there?
There are approximately 56,320 Financial Risk Specialists positions and 73,570 Tax Preparers positions nationwide according to 2024 BLS data.
Is it worth switching from Tax Preparers to Financial Risk Specialists?
Career decisions depend on many factors beyond salary. Financial Risk Specialists has a median salary of $106,000 while Tax Preparers earns $50,560. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS