The annual salary statistics of tax preparers in Virginia Beach-Norfolk-Newport News, Virginia is shown in Table 1. The wage statistics of tax preparers in Virginia Beach-Norfolk-Newport News 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 | $22,880 |
| 25th Percentile Wage | $23,150 |
| 50th Percentile Wage | $30,510 |
| 75th Percentile Wage | $48,750 |
| 90th Percentile Wage | $59,020 |
Table 1 shows the average annual salary for tax preparers in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $59,020. The median (50th percentile) annual salary is $30,510. The average annual salary for the bottom 10 percent earners is $22,880.
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 | $30,510 | -28.22% | -15.86% |
| 2021 | $39,120 | 0.49% | - |
| 2020 | $38,930 | 16.44% | - |
| 2019 | $32,530 | 15.12% | - |
| 2018 | $27,610 | 4.78% | - |
| 2017 | $26,290 | -5.40% | - |
| 2016 | $27,710 | -35.87% | - |
| 2015 | $37,650 | 6.69% | - |
| 2014 | $35,130 | -8.91% | - |
| 2013 | $38,260 | 7.61% | - |
| 2012 | $35,350 | - | - |
From Table 3 we note that the median annual salary of $30,510 in Virginia Beach-Norfolk-Newport News is in the middle of salary range for tax preparers in state of Virginia. In comparison, the annual salary of tax preparers in Virginia Beach-Norfolk-Newport News is 50.1 percent (50.1%) lower than that in the highest paying Charlottesville and 21.6 percent (21.6%) higher than that in the lowest paying Northwestern Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Charlottesville | |
| Roanoke | |
| Richmond | |
| Lynchburg | |
| Northeastern Virginia nonmetropolitan area | |
| Kingsport-Bristol-Bristol | |
| Virginia Beach-Norfolk-Newport News | |
| Southwestern Virginia nonmetropolitan area | |
| Southside Virginia nonmetropolitan area | |
| Blacksburg-Christiansburg-Radford | |
| Northwestern Virginia nonmetropolitan area |