The annual salary statistics of sheet metal workers in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of sheet metal workers 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 | $40,960 |
| 25th Percentile Wage | $44,570 |
| 50th Percentile Wage | $61,740 |
| 75th Percentile Wage | $64,630 |
| 90th Percentile Wage | $80,250 |
Table 1 shows the average annual salary for sheet metal workers 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 $80,250. The median (50th percentile) annual salary is $61,740. The average annual salary for the bottom 10 percent earners is $40,960.
The table and chart below show the trend of the median salary of sheet metal workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $61,740 | 0.31% | 33.74% |
| 2021 | $61,550 | 7.49% | - |
| 2020 | $56,940 | 9.76% | - |
| 2019 | $51,380 | 5.59% | - |
| 2018 | $48,510 | 18.86% | - |
| 2017 | $39,360 | 4.40% | - |
| 2016 | $37,630 | 2.55% | - |
| 2015 | $36,670 | -3.71% | - |
| 2014 | $38,030 | -4.76% | - |
| 2013 | $39,840 | -2.69% | - |
| 2012 | $40,910 | - | - |
From Table 3 we note that the median annual salary of $61,740 in Waterloo-Cedar Falls is in the middle of salary range for sheet metal workers in state of Iowa. In comparison, the annual salary of sheet metal workers in Waterloo-Cedar Falls is 20.6 percent (20.6%) lower than that in the highest paying Davenport-Moline-Rock Island and 26.3 percent (26.3%) higher than that in the lowest paying Northwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Davenport-Moline-Rock Island | |
| Cedar Rapids | |
| Des Moines-West Des Moines | |
| Waterloo-Cedar Falls | |
| Iowa City | |
| Ames | |
| Northeast Iowa nonmetropolitan area | |
| Dubuque | |
| Southwest Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area |