The annual salary statistics of tax preparers in Elkhart-Goshen, Indiana is shown in Table 1. The wage data of tax preparers in Elkhart-Goshen 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 | $22,390 |
| 25th Percentile Wage | $25,810 |
| 50th Percentile Wage | $32,880 |
| 75th Percentile Wage | $53,220 |
| 90th Percentile Wage | $65,090 |
Table 1 shows the average annual salary for tax preparers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $65,090. The median (50th percentile) annual salary is $32,880. The average annual salary for the bottom 10 percent earners is $22,390.
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 | $32,880 | -60.04% | 2.74% |
| 2019 | $52,620 | -0.72% | - |
| 2018 | $53,000 | 7.23% | - |
| 2017 | $49,170 | 34.96% | - |
| 2016 | $31,980 | 17.07% | - |
| 2015 | $26,520 | -20.59% | - |
| 2012 | $31,980 | - | - |
From Table 3 we note that the median annual salary of $32,880 in Elkhart-Goshen is in the middle of salary range for tax preparers in state of Indiana. In comparison, the annual salary of tax preparers in Elkhart-Goshen is 41.0 percent (41.0%) lower than that in the highest paying Indianapolis-Carmel and 12.7 percent (12.7%) higher than that in the lowest paying Kokomo.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Lafayette | |
| Fort Wayne | |
| Michigan City-La Porte | |
| Bloomington | |
| Central Indiana nonmetropolitan area | |
| Terre Haute | |
| Southern Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Gary | |
| Elkhart-Goshen | |
| Lafayette-West Lafayette | |
| Kokomo |