As of July 01, 2026, the average salary for a Tax Manager in Drexel, MO is $119,266 per year, which breaks down to an hourly rate of $57.
However, a Tax Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Tax Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Tax Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Tax Accountant V | 7-10 years | $155,801 |
| Tax Supervisor | 10+ years | $108,153 |
| Tax Manager | 10+ years | $119,266 |
| Tax Senior Manager | 10+ years | $142,848 |
| Tax Director | 10+ years | $175,010 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 6.19% |
| Tax Compliance | 2.74% |
| Microsoft Office | 1.48% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Quality Assurance
|
$124,036 |
4%
|
|
Technical Skills
|
$122,844 |
3%
|
|
Billing
|
$122,844 |
3%
|
|
Coaching
|
$122,844 |
3%
|
|
Verbal Communication
|
$122,844 |
3%
|
|
Financial Services
|
$122,844 |
3%
|
Tax Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $133,398. While startup companies pay approximate $112,815.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $112,815 |
| Growth Stage | 51~500 | $119,319 |
| Established | 501~5000 | $128,821 |
| Enterprise | 5000+ | $133,398 |
For Tax Manager roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 15% above the average. In contrast, Tax Manager positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Tax Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $137,155 | $66.0 | 15% |
| Energy & Utilities | $137,155 | $66.0 | 15% |
| Healthcare | $131,192 | $63.0 | 10% |
| Software & Networking | $131,192 | $63.0 | 10% |
| Telecom | $131,192 | $63.0 | 10% |
Understanding how a Tax Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As a Tax Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Tax Compliance Analysis Senior Manager | $154,108 | 29% |
| International Tax Senior Manager | $154,108 | 29% |
| Tax Research Senior Manager | $142,853 | 20% |
| Tax Senior Manager | $142,848 | 20% |
Ready to take the next step in your career? Browse thousands of current Tax Manager job openings on our job board. Use the search bar below to find your perfect match.
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