The annual salary statistics of computer-controlled machine tool operators, metal and plastic in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage statistics of computer-controlled machine tool operators, metal and plastic in Waterloo-Cedar Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $25,590 |
| 25th Percentile Wage | $31,460 |
| 50th Percentile Wage | $40,810 |
| 75th Percentile Wage | $46,220 |
| 90th Percentile Wage | $49,560 |
Table 1 shows the average annual salary for computer-controlled machine tool operators, metal and plastic in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $49,560. The median (50th percentile) annual salary is $40,810. The average annual salary for the bottom 10 percent earners is $25,590.
The table and chart below show the trend of the median salary of computer-controlled machine tool operators, metal and plastic from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $40,810 | 3.58% | 7.08% |
| 2017 | $39,350 | 8.79% | - |
| 2014 | $35,890 | -4.29% | - |
| 2013 | $37,430 | -1.31% | - |
| 2012 | $37,920 | - | - |
From Table 3 we note that the median annual salary of $40,810 in Waterloo-Cedar Falls is in the middle of salary range for computer-controlled machine tool operators, metal and plastic in state of Iowa. In comparison, the annual salary of computer-controlled machine tool operators, metal and plastic in Waterloo-Cedar Falls is 8.0 percent (8.0%) lower than that in the highest paying Southeast Iowa nonmetropolitan area and 14.5 percent (14.5%) higher than that in the lowest paying Iowa City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southeast Iowa nonmetropolitan area | |
| Cedar Rapids | |
| Waterloo-Cedar Falls | |
| Des Moines-West Des Moines | |
| Northeast Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island | |
| Ames | |
| Dubuque | |
| Iowa City |