The annual salary statistics of reinforcing iron and rebar workers in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage data of reinforcing iron and rebar 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 | $41,600 |
| 25th Percentile Wage | $46,050 |
| 50th Percentile Wage | $56,180 |
| 75th Percentile Wage | $59,630 |
| 90th Percentile Wage | $59,640 |
Table 1 shows the average annual salary for reinforcing iron and rebar 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 $59,640. The median (50th percentile) annual salary is $56,180. The average annual salary for the bottom 10 percent earners is $41,600.
The table and chart below show the trend of the median salary of reinforcing iron and rebar workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $56,180 | -8.28% | 27.52% |
| 2021 | $60,830 | 24.48% | - |
| 2020 | $45,940 | -6.05% | - |
| 2019 | $48,720 | 5.48% | - |
| 2018 | $46,050 | -6.80% | - |
| 2017 | $49,180 | 17.20% | - |
| 2016 | $40,720 | -1.40% | - |
| 2015 | $41,290 | 1.38% | - |
| 2012 | $40,720 | - | - |
From Table 3 we note that with a median annual salary of $56,180, Denver-Aurora-Broomfield is the highest paying city for reinforcing iron and rebar workers in state of Colorado, followed by Colorado Springs (median annual salary $41,310). In comparison, the median annual salary of reinforcing iron and rebar workers in Denver-Aurora-Broomfield is 26.5 percent (26.5%) higher than that in Colorado Springs.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Colorado Springs |