The annual salary statistics of cabinetmakers and bench carpenters in Lakeland-Winter Haven, Florida is shown in Table 1. The wage data of cabinetmakers and bench carpenters 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 | $30,150 |
| 25th Percentile Wage | $35,900 |
| 50th Percentile Wage | $37,480 |
| 75th Percentile Wage | $43,750 |
| 90th Percentile Wage | $50,410 |
Table 1 shows the average annual salary for cabinetmakers and bench carpenters 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 $50,410. The median (50th percentile) annual salary is $37,480. The average annual salary for the bottom 10 percent earners is $30,150.
The table and chart below show the trend of the median salary of cabinetmakers and bench carpenters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $37,480 | 19.77% | 34.82% |
| 2021 | $30,070 | -5.45% | - |
| 2020 | $31,710 | -4.48% | - |
| 2019 | $33,130 | -2.41% | - |
| 2018 | $33,930 | 19.86% | - |
| 2017 | $27,190 | 18.50% | - |
| 2016 | $22,160 | -8.84% | - |
| 2015 | $24,120 | -10.66% | - |
| 2014 | $26,690 | 2.77% | - |
| 2013 | $25,950 | 5.86% | - |
| 2012 | $24,430 | - | - |
From Table 3 we note that the median annual salary of $37,480 in Lakeland-Winter Haven is in the middle of salary range for cabinetmakers and bench carpenters in state of Florida. In comparison, the annual salary of cabinetmakers and bench carpenters in Lakeland-Winter Haven is 21.3 percent (21.3%) lower than that in the highest paying Naples-Marco Island and 33.1 percent (33.1%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.