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
$19,040
25th Percentile Wage
$27,240
50th Percentile Wage
$44,350
75th Percentile Wage
$63,480
90th Percentile Wage
$91,780

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 $91,780. The median annual salary (50th percentile) is $44,350. The average annual salary for the bottom 10 percent paid tax preparers is $19,040.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of tax preparers in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$44,350
3.86% 20.79%
2016
$42,640
-22.40% -
2015
$52,190
26.25% -
2013
$38,490
8.73% -
2012
$35,130
- -

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

The average salaries of tax preparers in ten 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 and commodity contracts intermediation and brokerage industry with an annual salary $57,830. The lowest paying industry is the insurance agencies and brokerages industry (annual salary $22,300). For detailed tax preparer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Contracts Intermediation and Brokerage
$57,830
Other Financial Investment Activities
$52,910
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$49,300
Credit Intermediation and Related Activities
$37,640
Activities Related to Credit Intermediation
$35,180
Nondepository Credit Intermediation
$33,160
Other Nondepository Credit Intermediation
$32,690
Insurance Carriers and Related Activities
$22,530
Agencies, Brokerages, and Other Insurance Related Activities
$22,300
Insurance Agencies and Brokerages
$22,300

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




Related:

Highest paying cities for tax preparers

Highest paying industries for tax preparers.