The annual salary statistics of machinists in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage statistics of machinists 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 | $36,640 |
| 25th Percentile Wage | $40,470 |
| 50th Percentile Wage | $50,060 |
| 75th Percentile Wage | $60,360 |
| 90th Percentile Wage | $70,710 |
Table 1 shows the average annual salary for machinists 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 $70,710. The median (50th percentile) annual salary is $50,060. The average annual salary for the bottom 10 percent earners is $36,640.
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 | $50,060 | 4.17% | 23.21% |
| 2021 | $47,970 | 2.63% | - |
| 2020 | $46,710 | 0.96% | - |
| 2019 | $46,260 | 2.23% | - |
| 2018 | $45,230 | 6.90% | - |
| 2017 | $42,110 | 1.16% | - |
| 2016 | $41,620 | 2.04% | - |
| 2015 | $40,770 | 5.05% | - |
| 2014 | $38,710 | 0.31% | - |
| 2013 | $38,590 | 0.39% | - |
| 2012 | $38,440 | - | - |
From Table 3 we note that the median annual salary of $50,060 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for machinists in state of California. In comparison, the annual salary of machinists in Oxnard-Thousand Oaks-Ventura is 18.7 percent (18.7%) lower than that in the highest paying San Francisco-Oakland-Fremont and 29.0 percent (29.0%) higher than that in the lowest paying Los Angeles-Long Beach-Santa Ana.