The annual salary statistics of tax preparers in Raleigh-Cary, North Carolina is shown in Table 1. The wage data of tax preparers in Raleigh-Cary 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 | $27,950 |
| 25th Percentile Wage | $38,690 |
| 50th Percentile Wage | $48,340 |
| 75th Percentile Wage | $75,300 |
| 90th Percentile Wage | $98,480 |
Table 1 shows the average annual salary for tax preparers in Raleigh-Cary, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,480. The median (50th percentile) annual salary is $48,340. The average annual salary for the bottom 10 percent earners is $27,950.
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 | 21.64% | 13.07% |
| 2021 | $37,880 | 40.21% | - |
| 2020 | $22,650 | -321.81% | - |
| 2018 | $95,540 | 3.18% | - |
| 2017 | $92,500 | 63.68% | - |
| 2016 | $33,600 | -33.87% | - |
| 2015 | $44,980 | 4.76% | - |
| 2014 | $42,840 | -5.07% | - |
| 2013 | $45,010 | 6.64% | - |
| 2012 | $42,020 | - | - |
From Table 3 we note that the median annual salary of $48,340 in Raleigh-Cary is in the middle of salary range for tax preparers in state of North Carolina. In comparison, the annual salary of tax preparers in Raleigh-Cary is 18.8 percent (18.8%) lower than that in the highest paying Durham-Chapel Hill and 62.6 percent (62.6%) higher than that in the lowest paying Other North Carolina nonmetropolitan area.