The annual salary statistics of machinists in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage data of machinists 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 | $30,220 |
| 25th Percentile Wage | $37,000 |
| 50th Percentile Wage | $47,320 |
| 75th Percentile Wage | $54,450 |
| 90th Percentile Wage | $61,270 |
Table 1 shows the average annual salary for machinists 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 $61,270. The median (50th percentile) annual salary is $47,320. The average annual salary for the bottom 10 percent earners is $30,220.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $47,320 | -1.75% | 20.41% |
| 2021 | $48,150 | 9.35% | - |
| 2020 | $43,650 | 1.83% | - |
| 2019 | $42,850 | 5.48% | - |
| 2018 | $40,500 | 17.16% | - |
| 2017 | $33,550 | 6.80% | - |
| 2016 | $31,270 | 0.32% | - |
| 2015 | $31,170 | -10.62% | - |
| 2014 | $34,480 | -8.50% | - |
| 2013 | $37,410 | -0.67% | - |
| 2012 | $37,660 | - | - |
From Table 3 we note that the median annual salary of $47,320 in Cape Coral-Fort Myers is in the middle of salary range for machinists in state of Florida. In comparison, the annual salary of machinists in Cape Coral-Fort Myers is 16.9 percent (16.9%) lower than that in the highest paying Naples-Marco Island and 24.9 percent (24.9%) higher than that in the lowest paying Miami-Miami Beach-Kendall.