The annual salary statistics of tax preparers in Philadelphia-Camden-Wilmington, Pennsylvania is shown in Table 1. The wage data of tax preparers in Philadelphia-Camden-Wilmington 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 | $28,500 |
| 25th Percentile Wage | $39,520 |
| 50th Percentile Wage | $51,820 |
| 75th Percentile Wage | $78,560 |
| 90th Percentile Wage | $101,700 |
Table 1 shows the average annual salary for tax preparers in Philadelphia-Camden-Wilmington, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,700. The median (50th percentile) annual salary is $51,820. The average annual salary for the bottom 10 percent earners is $28,500.
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 | $51,820 | 16.87% | 35.80% |
| 2021 | $43,080 | -5.64% | - |
| 2020 | $45,510 | -3.89% | - |
| 2019 | $47,280 | 18.59% | - |
| 2018 | $38,490 | -2.42% | - |
| 2017 | $39,420 | -2.69% | - |
| 2016 | $40,480 | -12.33% | - |
| 2015 | $45,470 | 17.22% | - |
| 2014 | $37,640 | 12.49% | - |
| 2013 | $32,940 | -1.00% | - |
| 2012 | $33,270 | - | - |
From Table 3 we note that the median annual salary of $51,820 in Philadelphia-Camden-Wilmington is in the middle of salary range for tax preparers in state of Pennsylvania. In comparison, the annual salary of tax preparers in Philadelphia-Camden-Wilmington is 14.1 percent (14.1%) lower than that in the highest paying Pittsburgh and 62.2 percent (62.2%) higher than that in the lowest paying East Central Pennsylvania nonmetropolitan area.