The annual salary statistics of machinists in Lakeland-Winter Haven, Florida is shown in Table 1. The wage data of machinists 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 | $23,760 |
| 25th Percentile Wage | $33,650 |
| 50th Percentile Wage | $46,840 |
| 75th Percentile Wage | $51,200 |
| 90th Percentile Wage | $61,080 |
Table 1 shows the average annual salary for machinists 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 $61,080. The median (50th percentile) annual salary is $46,840. The average annual salary for the bottom 10 percent earners is $23,760.
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 | $46,840 | 19.04% | 32.07% |
| 2021 | $37,920 | -5.30% | - |
| 2020 | $39,930 | -2.70% | - |
| 2019 | $41,010 | -1.93% | - |
| 2018 | $41,800 | 4.76% | - |
| 2017 | $39,810 | 3.19% | - |
| 2016 | $38,540 | 5.03% | - |
| 2015 | $36,600 | 1.23% | - |
| 2014 | $36,150 | 17.34% | - |
| 2013 | $29,880 | -6.49% | - |
| 2012 | $31,820 | - | - |
From Table 3 we note that the median annual salary of $46,840 in Lakeland-Winter Haven is in the middle of salary range for machinists in state of Florida. In comparison, the annual salary of machinists in Lakeland-Winter Haven is 17.8 percent (17.8%) lower than that in the highest paying Naples-Marco Island and 24.1 percent (24.1%) higher than that in the lowest paying Miami-Miami Beach-Kendall.