The annual salary statistics of tax preparers in Lansing-East Lansing, Michigan is shown in Table 1. The wage information of tax preparers in Lansing-East Lansing 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 | $33,280 |
| 25th Percentile Wage | $34,490 |
| 50th Percentile Wage | $36,710 |
| 75th Percentile Wage | $48,380 |
| 90th Percentile Wage | $66,720 |
Table 1 shows the average annual salary for tax preparers in Lansing-East Lansing, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $66,720. The median (50th percentile) annual salary is $36,710. The average annual salary for the bottom 10 percent earners is $33,280.
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 | $36,710 | -32.63% | -63.14% |
| 2021 | $48,690 | 7.83% | - |
| 2020 | $44,880 | 4.88% | - |
| 2019 | $42,690 | 4.24% | - |
| 2018 | $40,880 | -3.99% | - |
| 2017 | $42,510 | 15.29% | - |
| 2016 | $36,010 | -28.80% | - |
| 2015 | $46,380 | -35.68% | - |
| 2014 | $62,930 | 8.95% | - |
| 2013 | $57,300 | -4.52% | - |
| 2012 | $59,890 | - | - |
From Table 3 we note that the median annual salary of $36,710 in Lansing-East Lansing is in the middle of salary range for tax preparers in state of Michigan. In comparison, the annual salary of tax preparers in Lansing-East Lansing is 36.3 percent (36.3%) lower than that in the highest paying South Bend-Mishawaka and 30.4 percent (30.4%) higher than that in the lowest paying Saginaw-Saginaw Township North.