The annual salary statistics of tax preparers in Kankakee-Bradley, Illinois is shown in Table 1. The wage data of tax preparers in Kankakee-Bradley 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 | $25,840 |
| 25th Percentile Wage | $27,030 |
| 50th Percentile Wage | $29,030 |
| 75th Percentile Wage | $31,020 |
| 90th Percentile Wage | $35,600 |
Table 1 shows the average annual salary for tax preparers in Kankakee-Bradley, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $35,600. The median (50th percentile) annual salary is $29,030. The average annual salary for the bottom 10 percent earners is $25,840.
The table and chart below show the trend of the median salary of tax preparers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $29,030 | 2.27% | 34.48% |
| 2019 | $28,370 | 30.10% | - |
| 2018 | $19,830 | 1.11% | - |
| 2017 | $19,610 | 3.01% | - |
| 2016 | $19,020 | -27.92% | - |
| 2015 | $24,330 | 21.82% | - |
| 2012 | $19,020 | - | - |
From Table 3 we note that with a median annual salary of $29,030, Kankakee-Bradley is the lowest paying city for tax preparers in state of Illinois, following city of Northwest Illinois nonmetropolitan area (median annual salary of $63,420). In comparison, the median annual salary of tax preparers in Kankakee-Bradley is 54.2 percent (54.2%) lower than that in the highest paying city Northwest Illinois nonmetropolitan area.