The annual salary statistics of tax preparers in Minneapolis-St Paul-Bloomington, Wisconsin is shown in Table 1. The wage data of tax preparers in Minneapolis-St Paul-Bloomington 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 | $30,570 |
| 25th Percentile Wage | $40,250 |
| 50th Percentile Wage | $61,450 |
| 75th Percentile Wage | $81,600 |
| 90th Percentile Wage | $104,320 |
Table 1 shows the average annual salary for tax preparers in Minneapolis-St Paul-Bloomington, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $104,320. The median (50th percentile) annual salary is $61,450. The average annual salary for the bottom 10 percent earners is $30,570.
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 | $61,450 | 2.73% | 34.50% |
| 2021 | $59,770 | 10.56% | - |
| 2020 | $53,460 | -5.39% | - |
| 2019 | $56,340 | 0.91% | - |
| 2018 | $55,830 | -6.32% | - |
| 2017 | $59,360 | 10.88% | - |
| 2016 | $52,900 | 19.34% | - |
| 2015 | $42,670 | 1.20% | - |
| 2014 | $42,160 | 6.45% | - |
| 2013 | $39,440 | -2.05% | - |
| 2012 | $40,250 | - | - |
From Table 3 we note that with a median annual salary of $61,450, Minneapolis-St Paul-Bloomington is the highest paying city for tax preparers in state of Wisconsin, followed by Appleton (median annual salary $58,600). In comparison, the median annual salary of tax preparers in Minneapolis-St Paul-Bloomington is 4.6 percent (4.6%) higher than that in Appleton.