The annual salary statistics of tax preparers in McAllen-Edinburg-Mission, Texas is shown in Table 1. The wage information of tax preparers in McAllen-Edinburg-Mission 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 | $23,240 |
| 25th Percentile Wage | $29,320 |
| 50th Percentile Wage | $29,800 |
| 75th Percentile Wage | $44,210 |
| 90th Percentile Wage | $67,070 |
Table 1 shows the average annual salary for tax preparers in McAllen-Edinburg-Mission, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,070. The median (50th percentile) annual salary is $29,800. The average annual salary for the bottom 10 percent earners is $23,240.
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 | $29,800 | 0.81% | 2.32% |
| 2021 | $29,560 | -85.93% | - |
| 2020 | $54,960 | 57.30% | - |
| 2014 | $23,470 | -28.04% | - |
| 2013 | $30,050 | 3.13% | - |
| 2012 | $29,110 | - | - |
From Table 3 we note that the median annual salary of $29,800 in McAllen-Edinburg-Mission is in the middle of salary range for tax preparers in state of Texas. In comparison, the annual salary of tax preparers in McAllen-Edinburg-Mission is 54.3 percent (54.3%) lower than that in the highest paying Fort Worth-Arlington and 7.3 percent (7.3%) higher than that in the lowest paying Texarkana-Texarkana.