The annual salary statistics of tool and die makers in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage information of tool and die makers 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 | $41,970 |
| 25th Percentile Wage | $45,660 |
| 50th Percentile Wage | $48,650 |
| 75th Percentile Wage | $55,430 |
| 90th Percentile Wage | $67,260 |
Table 1 shows the average annual salary for tool and die makers 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 $67,260. The median (50th percentile) annual salary is $48,650. The average annual salary for the bottom 10 percent earners is $41,970.
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 | $48,650 | 0.80% | -4.73% |
| 2021 | $48,260 | -2.42% | - |
| 2020 | $49,430 | 3.90% | - |
| 2019 | $47,500 | -3.87% | - |
| 2018 | $49,340 | 0.63% | - |
| 2017 | $49,030 | -8.16% | - |
| 2016 | $53,030 | 4.49% | - |
| 2015 | $50,650 | -2.51% | - |
| 2014 | $51,920 | -0.87% | - |
| 2013 | $52,370 | 2.71% | - |
| 2012 | $50,950 | - | - |
From Table 3 we note that the median annual salary of $48,650 in Waterloo-Cedar Falls is in the middle of salary range for tool and die makers in state of Iowa. In comparison, the annual salary of tool and die makers in Waterloo-Cedar Falls is 20.6 percent (20.6%) lower than that in the highest paying Des Moines-West Des Moines and 20.8 percent (20.8%) higher than that in the lowest paying Iowa City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Northwest Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island | |
| Southwest Iowa nonmetropolitan area | |
| Dubuque | |
| Cedar Rapids | |
| Northeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Iowa City |