The annual salary statistics of industrial machinery mechanics in Fort Collins-Loveland, Colorado is shown in Table 1. The wage data of industrial machinery mechanics in Fort Collins-Loveland 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 | $46,520 |
| 25th Percentile Wage | $51,390 |
| 50th Percentile Wage | $61,820 |
| 75th Percentile Wage | $74,870 |
| 90th Percentile Wage | $83,040 |
Table 1 shows the average annual salary for industrial machinery mechanics in Fort Collins-Loveland, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $83,040. The median (50th percentile) annual salary is $61,820. The average annual salary for the bottom 10 percent earners is $46,520.
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 | $61,820 | 2.88% | 14.40% |
| 2021 | $60,040 | -20.05% | - |
| 2020 | $72,080 | 2.84% | - |
| 2019 | $70,030 | -0.43% | - |
| 2018 | $70,330 | 1.92% | - |
| 2017 | $68,980 | 12.77% | - |
| 2016 | $60,170 | 3.04% | - |
| 2015 | $58,340 | 5.37% | - |
| 2014 | $55,210 | 4.44% | - |
| 2013 | $52,760 | -0.30% | - |
| 2012 | $52,920 | - | - |
From Table 3 we note that the median annual salary of $61,820 in Fort Collins-Loveland is in the middle of salary range for industrial machinery mechanics in state of Colorado. In comparison, the annual salary of industrial machinery mechanics in Fort Collins-Loveland is 18.6 percent (18.6%) lower than that in the highest paying Northcentral Colorado nonmetropolitan area and 16.8 percent (16.8%) higher than that in the lowest paying Grand Junction.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northcentral Colorado nonmetropolitan area | |
| West Colorado nonmetropolitan area | |
| Pueblo | |
| Denver-Aurora-Broomfield | |
| Boulder | |
| Greeley | |
| Colorado Springs | |
| Fort Collins-Loveland | |
| East and South Colorado nonmetropolitan area | |
| Grand Junction |