Tax Preparation Services in Wake County, NC — Market Data (2023)
75 tax preparation services operate in Wake County, NC, based on 2023 U.S. Census Bureau County Business Patterns (CBP) data — the same establishment counts the federal government uses for economic statistics.
Market density
That works out to 0.63 establishments per 10,000 residents, 26.6% below the national average of 0.8588 per 10,000 residents for tax preparation services. Markets with lower density have fewer competitors per capita; markets with higher density have more.
Market data
| Metric | Value |
|---|---|
| Establishments | 75 |
| Density (per 10,000 residents) | 0.63 |
| Employment | 501 |
| Annual payroll | $21,527,000 |
| Average business size (employees/establishment) | 6.7 |
| County population (2023) | 1,190,275 |
Less saturated nearby markets
These counties have a lower tax preparation services density than Wake County — fewer competitors per capita for the same industry.
See the full Tax Preparation Services by county ranking for all 45 counties with available data.
Other industries in Wake County, NC
Establishment counts and density for other tracked business types in Wake County, NC, 2023 CBP.
- Full-Service Restaurants: 1,021 (8.578/10k)
- Limited-Service Restaurants: 984 (8.267/10k)
- Doctors Offices: 618 (5.192/10k)
- Dentists: 562 (4.722/10k)
- Home Remodelers: 503 (4.226/10k)
- Landscaping Companies: 464 (3.898/10k)
- Hair Salons: 422 (3.545/10k)
- Child Day Care Centers: 322 (2.705/10k)
- Coffee Shops: 303 (2.546/10k)
- Auto Repair Shops: 282 (2.369/10k)
- Gyms and Fitness Centers: 251 (2.109/10k)
- Grocery Stores: 230 (1.932/10k)
- Chiropractors: 169 (1.42/10k)
- Veterinary Clinics: 164 (1.378/10k)
- Sports and Recreation Instruction: 150 (1.26/10k)
- Bars: 134 (1.126/10k)
- Pet Grooming and Boarding: 126 (1.059/10k)
- Auto Body Shops: 109 (0.916/10k)
- Optometrists: 102 (0.857/10k)
- Self-Storage Facilities: 92 (0.773/10k)
- Car Washes: 81 (0.681/10k)
- Family Clothing Stores: 80 (0.672/10k)
- Nail Salons: 76 (0.639/10k)
- Dry Cleaners: 59 (0.496/10k)
- Bakeries: 50 (0.42/10k)
- Barbershops: 45 (0.378/10k)
- Funeral Homes: 30 (0.252/10k)
- Florists: 29 (0.244/10k)
- Weight Loss Centers: 17 (0.143/10k)
Frequently asked questions
How many tax preparation services are there in Wake County, NC?
75 tax preparation services operate in Wake County, NC, according to 2023 U.S. Census Bureau County Business Patterns data.
Is the tax preparation services market in Wake County, NC saturated compared to the national average?
Wake County, NC has 0.63 tax preparation services per 10,000 residents, which is 26.6% below the national average of 0.8588 per 10,000 residents. That means fewer competitors per capita than the typical U.S. county.
What is the average size of a tax preparation service business in Wake County, NC?
The average tax preparation service business in Wake County, NC has about 6.7 employees (501 total employment ÷ 75 establishments).
Are there less saturated nearby markets for tax preparation services?
Yes — Allegheny County, PA has a lower density (0.547 per 10,000 residents) than Wake County, NC, along with 0 other nearby counties listed below.