The annual salary statistics of tool and die makers in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage data of tool and die makers in Palm Bay-Melbourne-Titusville 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 | $49,900 |
| 25th Percentile Wage | $52,040 |
| 50th Percentile Wage | $72,310 |
| 75th Percentile Wage | $76,860 |
| 90th Percentile Wage | $76,860 |
Table 1 shows the average annual salary for tool and die makers in Palm Bay-Melbourne-Titusville, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $76,860. The median (50th percentile) annual salary is $72,310. The average annual salary for the bottom 10 percent earners is $49,900.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $72,310 | 15.95% | 27.52% |
| 2021 | $60,780 | 1.02% | - |
| 2020 | $60,160 | 3.56% | - |
| 2019 | $58,020 | 4.65% | - |
| 2018 | $55,320 | 5.26% | - |
| 2017 | $52,410 | 0.00% | - |
| 2012 | $52,410 | - | - |
From Table 3 we note that with a median annual salary of $72,310, Palm Bay-Melbourne-Titusville is the highest paying city for tool and die makers in state of Florida, followed by Jacksonville (median annual salary $60,440). In comparison, the median annual salary of tool and die makers in Palm Bay-Melbourne-Titusville is 16.4 percent (16.4%) higher than that in Jacksonville.