The annual salary statistics of tax preparers in Kalamazoo-Portage, Michigan is shown in Table 1. The wage data of tax preparers in Kalamazoo-Portage 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 | $29,170 |
| 25th Percentile Wage | $36,400 |
| 50th Percentile Wage | $48,340 |
| 75th Percentile Wage | $71,560 |
| 90th Percentile Wage | $102,180 |
Table 1 shows the average annual salary for tax preparers in Kalamazoo-Portage, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,180. The median (50th percentile) annual salary is $48,340. The average annual salary for the bottom 10 percent earners is $29,170.
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 | $48,340 | 23.81% | 45.51% |
| 2020 | $36,830 | -2.25% | - |
| 2019 | $37,660 | -14.50% | - |
| 2018 | $43,120 | 2.16% | - |
| 2017 | $42,190 | 6.19% | - |
| 2016 | $39,580 | 11.27% | - |
| 2015 | $35,120 | 6.12% | - |
| 2014 | $32,970 | 14.53% | - |
| 2013 | $28,180 | 6.53% | - |
| 2012 | $26,340 | - | - |
From Table 3 we note that the median annual salary of $48,340 in Kalamazoo-Portage is in the middle of salary range for tax preparers in state of Michigan. In comparison, the annual salary of tax preparers in Kalamazoo-Portage is 16.1 percent (16.1%) lower than that in the highest paying South Bend-Mishawaka and 47.1 percent (47.1%) higher than that in the lowest paying Saginaw-Saginaw Township North.