The annual salary statistics of tax preparers in Charleston-North Charleston-Summerville, South Carolina is shown in Table 1. The wage data of tax preparers in Charleston-North Charleston-Summerville 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 | $20,660 |
| 25th Percentile Wage | $22,590 |
| 50th Percentile Wage | $29,290 |
| 75th Percentile Wage | $47,080 |
| 90th Percentile Wage | $83,840 |
Table 1 shows the average annual salary for tax preparers in Charleston-North Charleston-Summerville, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $83,840. The median (50th percentile) annual salary is $29,290. The average annual salary for the bottom 10 percent earners is $20,660.
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 | $29,290 | -9.15% | 12.94% |
| 2021 | $31,970 | 0.25% | - |
| 2020 | $31,890 | -68.05% | - |
| 2019 | $53,590 | 5.80% | - |
| 2018 | $50,480 | 51.70% | - |
| 2017 | $24,380 | -16.32% | - |
| 2016 | $28,360 | 5.99% | - |
| 2015 | $26,660 | 2.55% | - |
| 2014 | $25,980 | 9.05% | - |
| 2013 | $23,630 | -7.91% | - |
| 2012 | $25,500 | - | - |
From Table 3 we note that the median annual salary of $29,290 in Charleston-North Charleston-Summerville is in the middle of salary range for tax preparers in state of South Carolina. In comparison, the annual salary of tax preparers in Charleston-North Charleston-Summerville is 53.2 percent (53.2%) lower than that in the highest paying Hilton Head Island-Bluffton-Beaufort and 30.3 percent (30.3%) higher than that in the lowest paying Low Country South Carolina nonmetropolitan area.