The annual salary statistics of tax preparers in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage statistics of tax preparers in Detroit-Warren-Livonia 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 | $28,030 |
| 25th Percentile Wage | $35,580 |
| 50th Percentile Wage | $41,420 |
| 75th Percentile Wage | $89,780 |
| 90th Percentile Wage | $99,450 |
Table 1 shows the average annual salary for tax preparers in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $99,450. The median (50th percentile) annual salary is $41,420. The average annual salary for the bottom 10 percent earners is $28,030.
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 | $41,420 | 8.84% | 7.58% |
| 2019 | $37,760 | 10.99% | - |
| 2018 | $33,610 | 26.09% | - |
| 2017 | $24,840 | -22.71% | - |
| 2016 | $30,480 | -0.26% | - |
| 2015 | $30,560 | -30.53% | - |
| 2014 | $39,890 | 6.74% | - |
| 2013 | $37,200 | -2.90% | - |
| 2012 | $38,280 | - | - |
From Table 3 we note that the median annual salary of $41,420 in Detroit-Warren-Livonia is in the middle of salary range for tax preparers in state of Michigan. In comparison, the annual salary of tax preparers in Detroit-Warren-Livonia is 28.1 percent (28.1%) lower than that in the highest paying South Bend-Mishawaka and 38.3 percent (38.3%) higher than that in the lowest paying Saginaw-Saginaw Township North.