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 2016 and published in April 2017 [1].

Table 1. Tax Preparer Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$19,600
25th Percentile Wage
$24,550
50th Percentile Wage
$36,550
75th Percentile Wage
$57,880
90th Percentile Wage
$80,250

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 $80,250. The median annual salary (50th percentile) is $36,550. The average annual salary for the bottom 10 percent is $19,600. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 309% higher than that of the bottom 10 percent.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of tax preparers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201636,5500.27%7.72%
201536,4501.26%-
201435,9901.89%-
201335,3104.47%-
201233,730--

Table 2. Tax Preparer Salary by Industry Sector

The average salaries of tax preparers in 6 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 $62,390. The lowest paying sector is the health care and social assistance sector (annual salary $29,800).

Industry Sector Median Annual Salary
Management of Companies and Enterprises
$62,390
Administrative and Support and Waste Management and Remediation Services
$52,870
Finance and Insurance
$42,640
Professional, Scientific, and Technical Services
$36,330
Information
$32,630
Health Care and Social Assistance
$29,800

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 $20,000 to $71,870. The highest paying state for tax preparers is Massachusetts with a median annual salary of $71,870. The lowest paying state is Puerto Rico with a median annual salary of $20,000. For more salary information of tax preparers profession in a specific state, use the links in the table.

State Name Median Annual Salary
Massachusetts
$71,870
Hawaii
$55,730
Vermont
$53,210
District of Columbia
$52,770
California
$51,170
North Dakota
$48,620
Alaska
$47,610
Minnesota
$46,240
Connecticut
$46,220
New York
$44,910
Oregon
$43,300
Nevada
$42,760
Tennessee
$41,400
Colorado
$41,020
Rhode Island
$39,370
New Jersey
$39,280
Delaware
$38,330
Texas
$37,850
Utah
$37,820
South Dakota
$37,810
Maryland
$37,300
Wisconsin
$36,960
Guam
$36,780
New Hampshire
$36,530
Kansas
$36,420
Oklahoma
$36,370
Montana
$35,570
Georgia
$35,410
Ohio
$35,330
New Mexico
$34,180
Pennsylvania
$33,690
Iowa
$32,920
Nebraska
$32,760
Washington
$32,540
Kentucky
$32,330
Missouri
$31,740
Michigan
$31,440
Virginia
$30,550
Indiana
$30,140
Idaho
$30,030
Arizona
$29,710
North Carolina
$29,620
Illinois
$29,110
Louisiana
$28,770
Alabama
$28,520
West Virginia
$26,790
South Carolina
$26,330
Florida
$25,370
Wyoming
$24,240
Arkansas
$24,080
Mississippi
$20,790
Puerto Rico
$20,000


Related:

Highest paying states for tax preparers

Highest paying cities for tax preparers

Highest paying industries for tax preparers.