The annual salary statistics of tax preparers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of tax preparers in Panama City-Lynn Haven-Panama City Beach is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $18,060 |
| 25th Percentile Wage | $18,750 |
| 50th Percentile Wage | $19,880 |
| 75th Percentile Wage | $26,930 |
| 90th Percentile Wage | $55,220 |
Table 1 shows the average annual salary for tax preparers in Panama City-Lynn Haven-Panama City Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,220. The median (50th percentile) annual salary is $19,880. The average annual salary for the bottom 10 percent earners is $18,060.
The table and chart below show the trend of the median salary of tax preparers from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $19,880 | -20.93% | -31.84% |
| 2017 | $24,040 | -9.03% | - |
| 2015 | $26,210 | 20.45% | - |
| 2013 | $20,850 | -25.71% | - |
| 2012 | $26,210 | - | - |
From Table 3 we note that the median annual salary of $19,880 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for tax preparers in state of Florida. In comparison, the annual salary of tax preparers in Panama City-Lynn Haven-Panama City Beach is 57.8 percent (57.8%) lower than that in the highest paying Ocala and 5.2 percent (5.2%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.