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Tax Preparer Salary Information in Minnesota

The average annual and hourly salaries for tax preparers in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of tax preparers among Minnesota cities 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 Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$33,290
25th Percentile Wage
$42,910
50th Percentile Wage
$52,380
75th Percentile Wage
$62,740
90th Percentile Wage
$75,090

Table 1 shows the average annual salary for tax preparers in Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,090. The median (50th percentile) annual salary is $52,380. The average annual salary for the bottom 10 percent is $33,290.

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
$52,380
11.72% 29.88%
2016
$46,240
12.28% -
2015
$40,560
5.50% -
2014
$38,330
4.70% -
2013
$36,530
-0.55% -
2012
$36,730
- -

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

Table 3 shows the median annual salary of tax preparers in some Minnesota cities and metropolitan areas. We note that the median annual salary of tax preparers in state of Minnesota ranges from $27,960 to $49,350. The highest paying area for tax preparers in Minnesota is Southwest Minnesota nonmetropolitan area with a median annual salary of $49,350. The second highest paying city/area in Minnesota State is St Cloud (mean annual salary $48,670). The lowest paying area is Mankato-North Mankato with a median annual salary of $27,960.

Cities/Areas Median Annual Salary
Southwest Minnesota nonmetropolitan area
$49,350
St Cloud
$48,670
Northwest Minnesota nonmetropolitan area
$40,020
Southeast Minnesota nonmetropolitan area
$38,190
Mankato-North Mankato
$27,960




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