The annual salary statistics of mechanical insulation workers in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage data of mechanical insulation workers in Denver-Aurora-Broomfield 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 | $38,400 |
| 25th Percentile Wage | $46,430 |
| 50th Percentile Wage | $49,880 |
| 75th Percentile Wage | $97,660 |
| 90th Percentile Wage | $97,660 |
Table 1 shows the average annual salary for mechanical insulation workers in Denver-Aurora-Broomfield, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,660. The median (50th percentile) annual salary is $49,880. The average annual salary for the bottom 10 percent earners is $38,400.
The table and chart below show the trend of the median salary of mechanical insulation workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $49,880 | 5.93% | 32.46% |
| 2021 | $46,920 | 5.52% | - |
| 2020 | $44,330 | -0.45% | - |
| 2019 | $44,530 | 4.51% | - |
| 2018 | $42,520 | 4.68% | - |
| 2017 | $40,530 | 6.39% | - |
| 2016 | $37,940 | 6.48% | - |
| 2015 | $35,480 | 0.11% | - |
| 2014 | $35,440 | 4.88% | - |
| 2013 | $33,710 | 0.06% | - |
| 2012 | $33,690 | - | - |
From Table 3 we note that with a median annual salary of $49,880, Denver-Aurora-Broomfield is the highest paying city for mechanical insulation workers in state of Colorado, followed by Colorado Springs (median annual salary $47,110). In comparison, the median annual salary of mechanical insulation workers in Denver-Aurora-Broomfield is 5.6 percent (5.6%) higher than that in Colorado Springs.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Colorado Springs | |
| Greeley | |
| Northcentral Colorado nonmetropolitan area | |
| Grand Junction |