The annual salary statistics of tax preparers in Detroit-Livonia-Dearborn, Michigan is shown in Table 1. The wage information of tax preparers in Detroit-Livonia-Dearborn 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 | $18,820 |
| 25th Percentile Wage | $19,290 |
| 50th Percentile Wage | $27,500 |
| 75th Percentile Wage | $43,160 |
| 90th Percentile Wage | $55,690 |
Table 1 shows the average annual salary for tax preparers in Detroit-Livonia-Dearborn, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,690. The median (50th percentile) annual salary is $27,500. The average annual salary for the bottom 10 percent earners is $18,820.
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 | $27,500 | -2.36% | -31.96% |
| 2016 | $28,150 | 9.91% | - |
| 2015 | $25,360 | -41.48% | - |
| 2014 | $35,880 | 5.30% | - |
| 2013 | $33,980 | -6.80% | - |
| 2012 | $36,290 | - | - |
From Table 3 we note that the median annual salary of $27,500 in Detroit-Livonia-Dearborn is in the middle of salary range for tax preparers in state of Michigan. In comparison, the annual salary of tax preparers in Detroit-Livonia-Dearborn is 52.3 percent (52.3%) lower than that in the highest paying South Bend-Mishawaka and 7.1 percent (7.1%) higher than that in the lowest paying Saginaw-Saginaw Township North.