The annual salary statistics of tax preparers in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage information of tax preparers in Des Moines-West Des Moines 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 | $28,880 |
| 25th Percentile Wage | $35,760 |
| 50th Percentile Wage | $58,960 |
| 75th Percentile Wage | $63,900 |
| 90th Percentile Wage | $98,000 |
Table 1 shows the average annual salary for tax preparers in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,000. The median (50th percentile) annual salary is $58,960. The average annual salary for the bottom 10 percent earners is $28,880.
The table and chart below show the trend of the median salary of tax preparers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $58,960 | 32.48% | 61.21% |
| 2021 | $39,810 | -3.19% | - |
| 2020 | $41,080 | 0.78% | - |
| 2019 | $40,760 | -28.73% | - |
| 2018 | $52,470 | 25.37% | - |
| 2017 | $39,160 | 1.02% | - |
| 2016 | $38,760 | 4.00% | - |
| 2015 | $37,210 | 16.53% | - |
| 2014 | $31,060 | 22.83% | - |
| 2013 | $23,970 | 4.59% | - |
| 2012 | $22,870 | - | - |
From Table 3 we note that with a median annual salary of $58,960, Des Moines-West Des Moines is the highest paying city for tax preparers in state of Iowa, followed by Waterloo-Cedar Falls (median annual salary $45,730). In comparison, the median annual salary of tax preparers in Des Moines-West Des Moines is 22.4 percent (22.4%) higher than that in Waterloo-Cedar Falls.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Waterloo-Cedar Falls | |
| Iowa City | |
| Northwest Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Dubuque | |
| Davenport-Moline-Rock Island |