Tax Preparer Salary in Sector of Finance and Insurance

The salary statistics of tax preparers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare tax preparer salaries in different industries within the finance and insurance sector.

Average Annual Salary of Tax Preparers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$19,490
25th Percentile Wage
$27,570
50th Percentile Wage
$42,640
75th Percentile Wage
$63,520
90th Percentile Wage
$104,990

Table 1 shows the average annual salary for tax preparers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) tax preparers is $104,990. The median annual salary (50th percentile) is $42,640. The average annual salary for the bottom 10 percent paid tax preparers is $19,490.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of tax preparers in the industry sector of finance and insurance from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2016.

YearMedian Salary Growth4-Year Growth
201642,640-22.40%17.61%
201552,19026.25%-
201338,4908.73%-
201235,130--

Compare Tax Preparer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of tax preparers in six industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for tax preparer occupations is the securities, commodity contracts, and other financial investments and related activities industry with an annual salary $53,350. The lowest paying industry is the other nondepository credit intermediation industry (annual salary $31,160). For detailed tax preparer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$53,350
Other Financial Investment Activities
$52,910
Activities Related to Credit Intermediation
$35,180
Credit Intermediation and Related Activities
$31,760
Nondepository Credit Intermediation
$31,160
Other Nondepository Credit Intermediation
$31,160

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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Highest paying cities for tax preparers

Highest paying industries for tax preparers.