The annual salary statistics of tax preparers in Buffalo-Niagara Falls, New York is shown in Table 1. The wage data of tax preparers in Buffalo-Niagara Falls 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 | $30,180 |
| 25th Percentile Wage | $30,380 |
| 50th Percentile Wage | $32,770 |
| 75th Percentile Wage | $61,300 |
| 90th Percentile Wage | $78,800 |
Table 1 shows the average annual salary for tax preparers in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $78,800. The median (50th percentile) annual salary is $32,770. The average annual salary for the bottom 10 percent earners is $30,180.
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 | $32,770 | 9.46% | 7.90% |
| 2021 | $29,670 | -37.31% | - |
| 2020 | $40,740 | 37.58% | - |
| 2019 | $25,430 | 2.44% | - |
| 2018 | $24,810 | 5.64% | - |
| 2017 | $23,410 | -75.78% | - |
| 2016 | $41,150 | 32.35% | - |
| 2015 | $27,840 | -11.71% | - |
| 2014 | $31,100 | 7.20% | - |
| 2013 | $28,860 | -4.57% | - |
| 2012 | $30,180 | - | - |
From Table 3 we note that the median annual salary of $32,770 in Buffalo-Niagara Falls is in the middle of salary range for tax preparers in state of New York. In comparison, the annual salary of tax preparers in Buffalo-Niagara Falls is 51.4 percent (51.4%) lower than that in the highest paying New York-White Plains-Wayne and 39.2 percent (39.2%) higher than that in the lowest paying Capital-Northern New York nonmetropolitan area.