The annual salary statistics of tax preparers in Hagerstown-Martinsburg, West Virginia is shown in Table 1. The wage information of tax preparers in Hagerstown-Martinsburg 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 | $28,500 |
| 25th Percentile Wage | $29,010 |
| 50th Percentile Wage | $32,890 |
| 75th Percentile Wage | $46,740 |
| 90th Percentile Wage | $59,070 |
Table 1 shows the average annual salary for tax preparers in Hagerstown-Martinsburg, West Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $59,070. The median (50th percentile) annual salary is $32,890. The average annual salary for the bottom 10 percent earners is $28,500.
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 | $32,890 | 9.24% | 42.75% |
| 2021 | $29,850 | -10.12% | - |
| 2020 | $32,870 | -0.94% | - |
| 2019 | $33,180 | 2.41% | - |
| 2018 | $32,380 | 2.66% | - |
| 2017 | $31,520 | 20.84% | - |
| 2016 | $24,950 | -31.02% | - |
| 2015 | $32,690 | 42.40% | - |
| 2012 | $18,830 | - | - |
From Table 3 we note that with a median annual salary of $32,890, Hagerstown-Martinsburg is the second highest paying city for tax preparers in state of West Virginia, following the highest paying city Washington-Arlington-Alexandria (median annual salary of $41,840). Compared with Washington-Arlington-Alexandria, the median annual salary of tax preparers in Hagerstown-Martinsburg is 21.4 percent (21.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Washington-Arlington-Alexandria | |
| Hagerstown-Martinsburg | |
| Winchester | |
| Southern West Virginia nonmetropolitan area | |
| Wheeling | |
| Morgantown | |
| Huntington-Ashland | |
| Charleston | |
| North Central West Virginia nonmetropolitan area |