Tax Preparer Salary Information

The salary statistics of tax preparers are shown in Table 1. In the next few tables we compare the average salaries of tax preparers within different industry sectors and in the 50 states of the United States. The tax preparers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Tax Preparer Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$20,170
25th Percentile Wage
$25,800
50th Percentile Wage
$38,730
75th Percentile Wage
$60,080
90th Percentile Wage
$81,740

Table 1 shows the average annual salary for tax preparers. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) tax preparers is $81,740. The median annual salary (50th percentile) is $38,730. The average annual salary for the bottom 10 percent is $20,170. Notice that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 305% higher than that of the bottom 10 percent.

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
$38,730
5.63% 12.91%
2016
$36,550
0.27% -
2015
$36,450
1.26% -
2014
$35,990
1.89% -
2013
$35,310
4.47% -
2012
$33,730
- -

Table 2. Tax Preparer Salary by Industry Sector

The average salaries of tax preparers in 10 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for tax preparers occupations is the management of companies and enterprises sector with an annual salary $61,550. The lowest paying sector is the other services (except federal, state, and local government) sector (annual salary $22,210).

Industry Sector Median Annual Salary
Management of Companies and Enterprises
$61,550
Wholesale Trade
$55,560
Construction
$52,200
Finance and Insurance
$44,350
Administrative and Support and Waste Management and Remediation Services
$38,900
Federal, State, and Local Government
$38,770
Professional, Scientific, and Technical Services
$38,670
Information
$32,630
Health Care and Social Assistance
$28,940
Other Services (except Federal, State, and Local Government)
$22,210

Table 3. Median Annual Wage of Tax Preparers by States

From the above tables we note that not only tax preparers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of tax preparers in all 50 states of the United States. We note that the median annual salaries range from $19,350 to $75,390. The highest paying state for tax preparers is District of Columbia with a median annual salary of $75,390. The lowest paying state is Puerto Rico with a median annual salary of $19,350. For more salary information of tax preparers profession in a specific state, use the links in the table.

State Name Median Annual Salary
District of Columbia
$75,390
Massachusetts
$58,530
Colorado
$57,140
California
$54,990
Oregon
$53,250
Minnesota
$52,380
Hawaii
$48,040
Vermont
$46,850
New York
$45,980
New Jersey
$45,910
Maryland
$45,080
Texas
$44,330
Rhode Island
$44,000
Alaska
$42,730
Missouri
$42,200
Oklahoma
$41,110
Nevada
$41,080
Tennessee
$40,920
South Dakota
$39,880
North Dakota
$39,720
Maine
$39,040
Utah
$38,780
New Hampshire
$37,110
Connecticut
$37,040
Kentucky
$36,670
New Mexico
$36,560
Wisconsin
$36,480
Pennsylvania
$36,430
Iowa
$36,180
Nebraska
$35,980
Montana
$35,510
Kansas
$35,480
Ohio
$35,410
Delaware
$34,400
Arizona
$34,080
Washington
$33,740
Guam
$33,320
North Carolina
$31,580
Michigan
$31,440
Indiana
$31,330
Georgia
$30,700
Arkansas
$30,370
Idaho
$30,140
Louisiana
$29,960
Illinois
$29,270
Florida
$28,950
West Virginia
$28,610
Alabama
$28,500
Virginia
$28,440
South Carolina
$26,090
Wyoming
$24,240
Mississippi
$22,070
Puerto Rico
$19,350



Related:

💰 Highest paying states for tax preparers

💰 Highest paying cities for tax preparers

💰 Highest paying industries for tax preparers.