AccountingUpdated Q1 2026

Tax Accountant Salary
in Norfolk, VA

Prepare individual and corporate tax returns and provide tax planning advice. Median salary in Norfolk: $71K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$71K
per year
Take-home: $46K

Salary range in Norfolk

Entry level (25th)$52,000
Median (50th)$71,000
Senior (75th)$95,000
Top earner (90th)$128,000
Data freshness

Figures represent annual base salary in Norfolk, Virginia. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

Help build this dataset. Add your own Tax Accountant salary so other workers in Norfolk have better numbers to work with.
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What the numbers say for Norfolk

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

5% discount vs national median

Tax Accountants in Norfolk earn approximately 5% lower than the US national median for this role β€” a $4,000 discount on annual base salary. Norfolk's lower wage level partially reflects the area's cost-of-living index of 95 (US avg = 100).

Rent eats 34% of take-home

Average 1-bedroom rent in Norfolk ($1,300/mo) consumes approximately 34% of an after-tax median Tax Accountant salary. Financial planners typically recommend keeping housing under 30% of take-home β€” a salary at the 75th percentile ($95K) brings that ratio into a more comfortable range here.

Slower wage growth (2%/yr)

Tax Accountant wages are growing at 2% year-over-year β€” slower than the BLS all-occupations average of ~3.5%. Real wages may lag inflation in years where CPI exceeds this rate, so total compensation negotiation (bonus, equity, benefits) matters more than base salary growth for this role.

Key facts for Norfolk

Median salary
$71K
annual
Take-home pay
$46K
after fed/state tax
COL index
95
100 = US avg
State income tax
5.75%
effective rate
Avg 1BR rent
$1,300
per month
YoY growth
+2%
salary trend

Salary forecast: Norfolk Tax Accountant to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $71K by 2030.

Salary trend & forecast β€” Norfolk

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Tax Accountant salary trend 2019–2030PROJECTED β†’$59K$64K$70K$75K$80K201920212023202520272029
2026
$73K
projected
2027
$75K
projected
2028
$76K
projected
2029
$78K
projected
2030
$80K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$71,000+$0
2028 projected$71,000+$0
2029 projected$71,000+$0
2030 projected$71,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Tax Accountant Salary in Norfolk, Virginia: Complete Guide (2026)

The median Tax Accountant salary in Norfolk, VA is $71,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Norfolk–VA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Tax Accountant in Norfolk

Entry-level Tax Accountants in Norfolk with 0–2 years of experience typically earn between $52,000 and $71,000 annually. Mid-career professionals with 3–7 years command $71,000 to $95,000, while senior-level practitioners with 8+ years of experience regularly earn $95,000 to $128,000 or more.

Cost of living in Norfolk for Tax Accountants

Norfolk has a cost of living index of 95 compared to the US national average of 100. This means your salary goes approximately 5% further in Norfolk than the national average. Virginia has a 5.75% state income tax rate.

Education requirements for Tax Accountant

Bachelor's in Accounting; CPA preferred; tax law knowledge. This role is 60% remote-eligible nationally, which can significantly expand the job market for Norfolk-based professionals.

Tax Accountant salary in nearby cities

CityMedian salaryCOL index
Norfolk (current)$71K95
Virginia Beach$74K98
Chesapeake$74K98
Richmond$77K98
Newport News$71K95
Arlington$98K148