The annual salary statistics of industrial machinery mechanics in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage data of industrial machinery mechanics in Oxnard-Thousand Oaks-Ventura 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 | $40,130 |
| 25th Percentile Wage | $48,750 |
| 50th Percentile Wage | $61,200 |
| 75th Percentile Wage | $76,230 |
| 90th Percentile Wage | $95,570 |
Table 1 shows the average annual salary for industrial machinery mechanics in Oxnard-Thousand Oaks-Ventura, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $95,570. The median (50th percentile) annual salary is $61,200. The average annual salary for the bottom 10 percent earners is $40,130.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $61,200 | -1.09% | 22.68% |
| 2021 | $61,870 | -6.55% | - |
| 2020 | $65,920 | 7.63% | - |
| 2019 | $60,890 | 3.20% | - |
| 2018 | $58,940 | 0.63% | - |
| 2017 | $58,570 | 2.42% | - |
| 2016 | $57,150 | -0.30% | - |
| 2015 | $57,320 | 2.08% | - |
| 2014 | $56,130 | 5.77% | - |
| 2013 | $52,890 | 10.53% | - |
| 2012 | $47,320 | - | - |
From Table 3 we note that the median annual salary of $61,200 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for industrial machinery mechanics in state of California. In comparison, the annual salary of industrial machinery mechanics in Oxnard-Thousand Oaks-Ventura is 23.1 percent (23.1%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 23.7 percent (23.7%) higher than that in the lowest paying North Valley Region of California nonmetropolitan area.