The annual salary statistics of tax preparers in Albany-Schenectady-Troy, New York is shown in Table 1. The wage data of tax preparers in Albany-Schenectady-Troy 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 | $31,900 |
| 25th Percentile Wage | $36,150 |
| 50th Percentile Wage | $62,540 |
| 75th Percentile Wage | $102,680 |
| 90th Percentile Wage | $108,440 |
Table 1 shows the average annual salary for tax preparers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $108,440. The median (50th percentile) annual salary is $62,540. The average annual salary for the bottom 10 percent earners is $31,900.
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 | $62,540 | 39.61% | 40.58% |
| 2021 | $37,770 | -88.83% | - |
| 2020 | $71,320 | -1.12% | - |
| 2019 | $72,120 | 56.95% | - |
| 2016 | $31,050 | 22.58% | - |
| 2015 | $24,040 | -95.59% | - |
| 2014 | $47,020 | 23.14% | - |
| 2013 | $36,140 | -2.82% | - |
| 2012 | $37,160 | - | - |
From Table 3 we note that the median annual salary of $62,540 in Albany-Schenectady-Troy is in the middle of salary range for tax preparers in state of New York. In comparison, the annual salary of tax preparers in Albany-Schenectady-Troy is 7.2 percent (7.2%) lower than that in the highest paying New York-White Plains-Wayne and 68.1 percent (68.1%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.