The annual salary statistics of tax preparers in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage data of tax preparers in West Palm Beach-Boca Raton-Boynton 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 | $17,940 |
| 25th Percentile Wage | $18,830 |
| 50th Percentile Wage | $22,900 |
| 75th Percentile Wage | $59,590 |
| 90th Percentile Wage | $69,730 |
Table 1 shows the average annual salary for tax preparers in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $69,730. The median (50th percentile) annual salary is $22,900. The average annual salary for the bottom 10 percent earners is $17,940.
The table and chart below show the trend of the median salary of tax preparers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $22,900 | 4.15% | 16.20% |
| 2016 | $21,950 | 13.80% | - |
| 2014 | $18,920 | 0.42% | - |
| 2013 | $18,840 | -1.86% | - |
| 2012 | $19,190 | - | - |
From Table 3 we note that the median annual salary of $22,900 in West Palm Beach-Boca Raton-Boynton Beach is in the middle of salary range for tax preparers in state of Florida. In comparison, the annual salary of tax preparers in West Palm Beach-Boca Raton-Boynton Beach is 51.4 percent (51.4%) lower than that in the highest paying Ocala and 17.7 percent (17.7%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.