The annual salary statistics of bakers in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage information of bakers in Cape Coral-Fort Myers 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 | $24,230 |
| 25th Percentile Wage | $24,960 |
| 50th Percentile Wage | $29,920 |
| 75th Percentile Wage | $37,340 |
| 90th Percentile Wage | $38,410 |
Table 1 shows the average annual salary for bakers in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $38,410. The median (50th percentile) annual salary is $29,920. The average annual salary for the bottom 10 percent earners is $24,230.
The table and chart below show the trend of the median salary of bakers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $29,920 | 0.74% | 9.63% |
| 2021 | $29,700 | -15.12% | - |
| 2020 | $34,190 | 7.58% | - |
| 2019 | $31,600 | 9.30% | - |
| 2018 | $28,660 | 4.33% | - |
| 2017 | $27,420 | 6.27% | - |
| 2016 | $25,700 | -1.60% | - |
| 2015 | $26,110 | 4.25% | - |
| 2014 | $25,000 | -3.16% | - |
| 2013 | $25,790 | -4.85% | - |
| 2012 | $27,040 | - | - |
From Table 3 we note that the median annual salary of $29,920 in Cape Coral-Fort Myers is in the middle of salary range for bakers in state of Florida. In comparison, the annual salary of bakers in Cape Coral-Fort Myers is 17.6 percent (17.6%) lower than that in the highest paying Punta Gorda and 30.6 percent (30.6%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.