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Tax Preparer Salary Information in Illinois

The average annual and hourly salaries for tax preparers in the state of Illinois are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of tax preparers among Illinois areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Tax Preparers in Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$18,980
25th Percentile Wage
$24,350
50th Percentile Wage
$29,270
75th Percentile Wage
$42,330
90th Percentile Wage
$69,550

Table 1 shows the average annual salary for tax preparers in Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $69,550. The median (50th percentile) annual salary is $29,270. The average annual salary for the bottom 10 percent is $18,980.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of tax preparers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$29,270
0.55% -52.27%
2016
$29,110
-37.48% -
2015
$40,020
-6.70% -
2014
$42,700
-17.12% -
2013
$50,010
10.88% -
2012
$44,570
- -

Table 3. Median Annual Salary of Tax Preparers in Illinois Cities

Table 3 shows the median annual salary of tax preparers in some Illinois cities and metropolitan areas. We note that the median annual salary of tax preparers in state of Illinois ranges from $19,610 to $52,260. The highest paying area for tax preparers in Illinois is Peoria with a median annual salary of $52,260. The second highest paying city/area in Illinois State is Champaign-Urbana (mean annual salary $42,390). The lowest paying area is Kankakee-Bradley with a median annual salary of $19,610.

Cities/Areas Median Annual Salary
Peoria
$52,260
Champaign-Urbana
$42,390
Springfield
$42,090
East Central Illinois nonmetropolitan area
$34,640
Rockford
$34,050
Northwest Illinois nonmetropolitan area
$33,540
Chicago-Joliet-Naperville (IL-IN-WI Area)
$29,430
Chicago-Joliet-Naperville (IL Metropolitan Division)
$29,150
South Illinois nonmetropolitan area
$23,120
West Central Illinois nonmetropolitan area
$23,110
Kankakee-Bradley
$19,610




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