The annual salary statistics of tax preparers in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage statistics of tax preparers in Boston-Cambridge-Quincy 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 | $32,920 |
| 25th Percentile Wage | $42,760 |
| 50th Percentile Wage | $59,540 |
| 75th Percentile Wage | $69,990 |
| 90th Percentile Wage | $89,020 |
Table 1 shows the average annual salary for tax preparers in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $89,020. The median (50th percentile) annual salary is $59,540. The average annual salary for the bottom 10 percent earners is $32,920.
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 | $59,540 | -2.22% | 12.93% |
| 2021 | $60,860 | -0.81% | - |
| 2020 | $61,350 | 6.05% | - |
| 2019 | $57,640 | -4.37% | - |
| 2018 | $60,160 | 2.49% | - |
| 2017 | $58,660 | 18.79% | - |
| 2015 | $47,640 | -3.17% | - |
| 2014 | $49,150 | 25.68% | - |
| 2013 | $36,530 | -41.91% | - |
| 2012 | $51,840 | - | - |
From Table 3 we note that with a median annual salary of $59,540, Boston-Cambridge-Quincy is the second highest paying city for tax preparers in state of Massachusetts, following the highest paying city Boston-Cambridge-Quincy (median annual salary of $60,290). Compared with Boston-Cambridge-Quincy, the median annual salary of tax preparers in Boston-Cambridge-Quincy is 1.2 percent (1.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boston-Cambridge-Quincy | |
| Boston-Cambridge-Quincy | |
| Brockton-Bridgewater-Easton | |
| Springfield | |
| Framingham | |
| Massachusetts nonmetropolitan area | |
| Worcester | |
| Barnstable Town | |
| New Bedford | |
| Pittsfield |