The annual salary statistics of industrial machinery mechanics in Lakeland-Winter Haven, Florida is shown in Table 1. The wage information of industrial machinery mechanics 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 | $36,230 |
| 25th Percentile Wage | $46,250 |
| 50th Percentile Wage | $59,460 |
| 75th Percentile Wage | $66,930 |
| 90th Percentile Wage | $73,810 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $73,810. The median (50th percentile) annual salary is $59,460. The average annual salary for the bottom 10 percent earners is $36,230.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $59,460 | -0.86% | 22.42% |
| 2021 | $59,970 | 5.90% | - |
| 2020 | $56,430 | 8.45% | - |
| 2019 | $51,660 | 4.10% | - |
| 2018 | $49,540 | -0.46% | - |
| 2017 | $49,770 | 3.03% | - |
| 2016 | $48,260 | 5.14% | - |
| 2015 | $45,780 | 2.77% | - |
| 2014 | $44,510 | 0.61% | - |
| 2013 | $44,240 | -4.27% | - |
| 2012 | $46,130 | - | - |
From Table 3 we note that the median annual salary of $59,460 in Lakeland-Winter Haven is in the middle of salary range for industrial machinery mechanics in state of Florida. In comparison, the annual salary of industrial machinery mechanics in Lakeland-Winter Haven is 6.2 percent (6.2%) lower than that in the highest paying Crestview-Fort Walton Beach-Destin and 33.8 percent (33.8%) higher than that in the lowest paying Homosassa Springs.