The annual salary statistics of tax preparers in Provo-Orem, Utah is shown in Table 1. The wage data of tax preparers in Provo-Orem 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 | $30,940 |
| 25th Percentile Wage | $38,560 |
| 50th Percentile Wage | $60,330 |
| 75th Percentile Wage | $79,850 |
| 90th Percentile Wage | $108,440 |
Table 1 shows the average annual salary for tax preparers in Provo-Orem, Utah in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $108,440. The median (50th percentile) annual salary is $60,330. The average annual salary for the bottom 10 percent earners is $30,940.
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 | $60,330 | 20.11% | 51.27% |
| 2021 | $48,200 | -9.69% | - |
| 2020 | $52,870 | 40.21% | - |
| 2019 | $31,610 | 3.64% | - |
| 2018 | $30,460 | -5.25% | - |
| 2017 | $32,060 | -22.58% | - |
| 2016 | $39,300 | -63.00% | - |
| 2015 | $64,060 | 7.99% | - |
| 2014 | $58,940 | 46.35% | - |
| 2013 | $31,620 | 7.02% | - |
| 2012 | $29,400 | - | - |
From Table 3 we note that the median annual salary of $60,330 in Provo-Orem is in the middle of salary range for tax preparers in state of Utah. In comparison, the annual salary of tax preparers in Provo-Orem is 28.2 percent (28.2%) lower than that in the highest paying Ogden-Clearfield and 42.9 percent (42.9%) higher than that in the lowest paying Northern Utah nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Ogden-Clearfield | |
| Salt Lake City | |
| Provo-Orem | |
| Logan | |
| Eastern Utah nonmetropolitan area | |
| St George | |
| Central Utah nonmetropolitan area | |
| Northern Utah nonmetropolitan area |