The annual salary statistics of tax preparers in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage information of tax preparers in Nashville-Davidson--Murfreesboro--Franklin 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 | $22,480 |
| 25th Percentile Wage | $29,570 |
| 50th Percentile Wage | $50,960 |
| 75th Percentile Wage | $69,330 |
| 90th Percentile Wage | $85,180 |
Table 1 shows the average annual salary for tax preparers in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $85,180. The median (50th percentile) annual salary is $50,960. The average annual salary for the bottom 10 percent earners is $22,480.
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 | $50,960 | 41.35% | 53.75% |
| 2021 | $29,890 | -77.48% | - |
| 2020 | $53,050 | 4.58% | - |
| 2019 | $50,620 | 10.21% | - |
| 2018 | $45,450 | 6.80% | - |
| 2017 | $42,360 | -13.34% | - |
| 2016 | $48,010 | -0.48% | - |
| 2015 | $48,240 | -28.59% | - |
| 2014 | $62,030 | 61.10% | - |
| 2013 | $24,130 | 2.32% | - |
| 2012 | $23,570 | - | - |
From Table 3 we note that with a median annual salary of $50,960, Nashville-Davidson--Murfreesboro--Franklin is the highest paying city for tax preparers in state of Tennessee, followed by Western Tennessee nonmetropolitan area (median annual salary $35,820). In comparison, the median annual salary of tax preparers in Nashville-Davidson--Murfreesboro--Franklin is 29.7 percent (29.7%) higher than that in Western Tennessee nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | |
| Western Tennessee nonmetropolitan area | |
| Morristown | |
| Chattanooga | |
| Knoxville | |
| Memphis | |
| Jackson | |
| Johnson City | |
| Clarksville | |
| South Central Tennessee nonmetropolitan area | |
| Eastern Tennessee nonmetropolitan area | |
| North Central Tennessee nonmetropolitan area |