The annual salary statistics of tax preparers in South Bend-Mishawaka, Michigan is shown in Table 1. The wage statistics of tax preparers in South Bend-Mishawaka 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 | $36,900 |
| 50th Percentile Wage | $57,630 |
| 75th Percentile Wage | $65,670 |
| 90th Percentile Wage | $81,530 |
Table 1 shows the average annual salary for tax preparers in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $81,530. The median (50th percentile) annual salary is $57,630. 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 | $57,630 | -3.04% | 50.39% |
| 2021 | $59,380 | 30.97% | - |
| 2020 | $40,990 | 4.07% | - |
| 2019 | $39,320 | 19.96% | - |
| 2013 | $31,470 | 9.15% | - |
| 2012 | $28,590 | - | - |
From Table 3 we note that with a median annual salary of $57,630, South Bend-Mishawaka is the highest paying city for tax preparers in state of Michigan, followed by Ann Arbor (median annual salary $49,490). In comparison, the median annual salary of tax preparers in South Bend-Mishawaka is 14.1 percent (14.1%) higher than that in Ann Arbor.