The annual salary statistics of machinists in Fort Collins-Loveland, Colorado is shown in Table 1. The wage information of machinists 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 | $38,610 |
| 25th Percentile Wage | $44,360 |
| 50th Percentile Wage | $49,960 |
| 75th Percentile Wage | $60,040 |
| 90th Percentile Wage | $71,460 |
Table 1 shows the average annual salary for machinists 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 $71,460. The median (50th percentile) annual salary is $49,960. The average annual salary for the bottom 10 percent earners is $38,610.
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 | $49,960 | 4.04% | 21.22% |
| 2021 | $47,940 | -5.42% | - |
| 2020 | $50,540 | 4.45% | - |
| 2019 | $48,290 | -0.06% | - |
| 2018 | $48,320 | 5.73% | - |
| 2017 | $45,550 | 4.17% | - |
| 2016 | $43,650 | 1.97% | - |
| 2015 | $42,790 | -5.02% | - |
| 2014 | $44,940 | 12.04% | - |
| 2013 | $39,530 | 0.43% | - |
| 2012 | $39,360 | - | - |
From Table 3 we note that the median annual salary of $49,960 in Fort Collins-Loveland is in the middle of salary range for machinists in state of Colorado. In comparison, the annual salary of machinists in Fort Collins-Loveland is 11.4 percent (11.4%) lower than that in the highest paying Boulder and 19.4 percent (19.4%) higher than that in the lowest paying East and South Colorado nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boulder | |
| Colorado Springs | |
| Denver-Aurora-Broomfield | |
| Pueblo | |
| Fort Collins-Loveland | |
| Grand Junction | |
| West Colorado nonmetropolitan area | |
| Greeley | |
| Northcentral Colorado nonmetropolitan area | |
| East and South Colorado nonmetropolitan area |