The annual salary statistics of machinists in Crestview-Fort Walton Beach-Destin, Florida is shown in Table 1. The wage statistics of machinists in Crestview-Fort Walton Beach-Destin 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 | $36,820 |
| 25th Percentile Wage | $44,720 |
| 50th Percentile Wage | $48,820 |
| 75th Percentile Wage | $62,110 |
| 90th Percentile Wage | $67,460 |
Table 1 shows the average annual salary for machinists in Crestview-Fort Walton Beach-Destin, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,460. The median (50th percentile) annual salary is $48,820. The average annual salary for the bottom 10 percent earners is $36,820.
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 | $48,820 | 4.32% | 18.07% |
| 2021 | $46,710 | 7.60% | - |
| 2020 | $43,160 | -9.48% | - |
| 2019 | $47,250 | -3.56% | - |
| 2018 | $48,930 | 28.92% | - |
| 2016 | $34,780 | -7.68% | - |
| 2014 | $37,450 | -1.39% | - |
| 2013 | $37,970 | -5.35% | - |
| 2012 | $40,000 | - | - |
From Table 3 we note that the median annual salary of $48,820 in Crestview-Fort Walton Beach-Destin is in the middle of salary range for machinists in state of Florida. In comparison, the annual salary of machinists in Crestview-Fort Walton Beach-Destin is 14.3 percent (14.3%) lower than that in the highest paying Naples-Marco Island and 27.2 percent (27.2%) higher than that in the lowest paying Miami-Miami Beach-Kendall.