The annual salary statistics of tool and die makers in Florence-Muscle Shoals, Alabama is shown in Table 1. The wage statistics of tool and die makers in Florence-Muscle Shoals 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 | $29,030 |
| 25th Percentile Wage | $34,970 |
| 50th Percentile Wage | $53,580 |
| 75th Percentile Wage | $68,020 |
| 90th Percentile Wage | $68,020 |
Table 1 shows the average annual salary for tool and die makers in Florence-Muscle Shoals, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $68,020. The median (50th percentile) annual salary is $53,580. The average annual salary for the bottom 10 percent earners is $29,030.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $53,580 | 10.21% | 33.59% |
| 2021 | $48,110 | -3.14% | - |
| 2020 | $49,620 | 2.36% | - |
| 2019 | $48,450 | 5.78% | - |
| 2018 | $45,650 | 8.13% | - |
| 2017 | $41,940 | 11.37% | - |
| 2016 | $37,170 | -11.76% | - |
| 2015 | $41,540 | 28.05% | - |
| 2014 | $29,890 | -16.96% | - |
| 2013 | $34,960 | -1.77% | - |
| 2012 | $35,580 | - | - |
From Table 3 we note that the median annual salary of $53,580 in Florence-Muscle Shoals is in the middle of salary range for tool and die makers in state of Alabama. In comparison, the annual salary of tool and die makers in Florence-Muscle Shoals is 13.8 percent (13.8%) lower than that in the highest paying Anniston-Oxford and 19.2 percent (19.2%) higher than that in the lowest paying Auburn-Opelika.
| Cities/Areas | Median Annual Salary |
|---|---|
| Anniston-Oxford | |
| Huntsville | |
| Montgomery | |
| Northeast Alabama nonmetropolitan area | |
| Birmingham-Hoover | |
| Florence-Muscle Shoals | |
| Northwest Alabama nonmetropolitan area | |
| Decatur | |
| Gadsden | |
| Southeast Alabama nonmetropolitan area | |
| Auburn-Opelika |