The annual salary statistics of machinists in Prescott, Arizona is shown in Table 1. The wage information of machinists in Prescott 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 | $34,610 |
| 25th Percentile Wage | $47,930 |
| 50th Percentile Wage | $54,620 |
| 75th Percentile Wage | $64,690 |
| 90th Percentile Wage | $81,450 |
Table 1 shows the average annual salary for machinists in Prescott, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $81,450. The median (50th percentile) annual salary is $54,620. The average annual salary for the bottom 10 percent earners is $34,610.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $54,620 | 12.56% | 30.57% |
| 2021 | $47,760 | 20.23% | - |
| 2020 | $38,100 | -5.14% | - |
| 2019 | $40,060 | -6.84% | - |
| 2018 | $42,800 | 19.44% | - |
| 2017 | $34,480 | 2.09% | - |
| 2016 | $33,760 | 3.41% | - |
| 2015 | $32,610 | -10.03% | - |
| 2014 | $35,880 | -0.47% | - |
| 2013 | $36,050 | -5.19% | - |
| 2012 | $37,920 | - | - |
From Table 3 we note that with a median annual salary of $54,620, Prescott is the second highest paying city for machinists in state of Arizona, following the highest paying city Flagstaff (median annual salary of $63,070). Compared with Flagstaff, the median annual salary of machinists in Prescott is 13.4 percent (13.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Flagstaff | |
| Prescott | |
| Phoenix-Mesa-Glendale | |
| Tucson | |
| North Arizona nonmetropolitan area | |
| Yuma | |
| Lake Havasu City-Kingman | |
| Southeast Arizona nonmetropolitan area |