The annual salary statistics of industrial machinery mechanics in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage statistics of industrial machinery mechanics in Waterloo-Cedar Falls 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 | $39,810 |
| 25th Percentile Wage | $47,970 |
| 50th Percentile Wage | $54,030 |
| 75th Percentile Wage | $61,630 |
| 90th Percentile Wage | $65,270 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $65,270. The median (50th percentile) annual salary is $54,030. The average annual salary for the bottom 10 percent earners is $39,810.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $54,030 | 9.99% | 2.48% |
| 2021 | $48,630 | -6.31% | - |
| 2020 | $51,700 | 4.84% | - |
| 2019 | $49,200 | -1.97% | - |
| 2018 | $50,170 | -6.02% | - |
| 2017 | $53,190 | -0.13% | - |
| 2016 | $53,260 | 12.52% | - |
| 2015 | $46,590 | 2.51% | - |
| 2014 | $45,420 | 0.02% | - |
| 2013 | $45,410 | -16.03% | - |
| 2012 | $52,690 | - | - |
From Table 3 we note that the median annual salary of $54,030 in Waterloo-Cedar Falls is in the middle of salary range for industrial machinery mechanics in state of Iowa. In comparison, the annual salary of industrial machinery mechanics in Waterloo-Cedar Falls is 17.8 percent (17.8%) lower than that in the highest paying Davenport-Moline-Rock Island and 4.4 percent (4.4%) higher than that in the lowest paying Southwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Davenport-Moline-Rock Island | |
| Des Moines-West Des Moines | |
| Iowa City | |
| Cedar Rapids | |
| Northwest Iowa nonmetropolitan area | |
| Ames | |
| Southeast Iowa nonmetropolitan area | |
| Dubuque | |
| Northeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Southwest Iowa nonmetropolitan area |