The annual salary statistics of bakers in Lakeland-Winter Haven, Florida is shown in Table 1. The wage data of bakers in Lakeland-Winter Haven 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 | $23,190 |
| 25th Percentile Wage | $26,890 |
| 50th Percentile Wage | $30,460 |
| 75th Percentile Wage | $36,670 |
| 90th Percentile Wage | $39,790 |
Table 1 shows the average annual salary for bakers in Lakeland-Winter Haven, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $39,790. The median (50th percentile) annual salary is $30,460. The average annual salary for the bottom 10 percent earners is $23,190.
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 | $30,460 | 7.49% | 17.04% |
| 2021 | $28,180 | -6.85% | - |
| 2020 | $30,110 | 7.37% | - |
| 2019 | $27,890 | 6.99% | - |
| 2018 | $25,940 | 5.98% | - |
| 2017 | $24,390 | -5.66% | - |
| 2016 | $25,770 | 6.36% | - |
| 2015 | $24,130 | 4.52% | - |
| 2014 | $23,040 | -9.68% | - |
| 2012 | $25,270 | - | - |
From Table 3 we note that the median annual salary of $30,460 in Lakeland-Winter Haven is in the middle of salary range for bakers in state of Florida. In comparison, the annual salary of bakers in Lakeland-Winter Haven is 16.2 percent (16.2%) lower than that in the highest paying Punta Gorda and 31.8 percent (31.8%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.