The annual salary statistics of tool grinders, filers, and sharpeners in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage information of tool grinders, filers, and sharpeners 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 | $22,180 |
| 25th Percentile Wage | $31,250 |
| 50th Percentile Wage | $38,200 |
| 75th Percentile Wage | $46,100 |
| 90th Percentile Wage | $52,590 |
Table 1 shows the average annual salary for tool grinders, filers, and sharpeners 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 $52,590. The median (50th percentile) annual salary is $38,200. The average annual salary for the bottom 10 percent earners is $22,180.
The table and chart below show the trend of the median salary of tool grinders, filers, and sharpeners from 2012 to 2015. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 3-Year Growth |
|---|---|---|---|
| 2015 | $38,200 | -6.57% | -12.59% |
| 2014 | $40,710 | 5.63% | - |
| 2013 | $38,420 | -11.95% | - |
| 2012 | $43,010 | - | - |
From Table 3 we note that with a median annual salary of $38,200, Waterloo-Cedar Falls is the second highest paying city for tool grinders, filers, and sharpeners in state of Iowa, following the highest paying city Southwest Iowa nonmetropolitan area (median annual salary of $49,680). Compared with Southwest Iowa nonmetropolitan area, the median annual salary of tool grinders, filers, and sharpeners in Waterloo-Cedar Falls is 23.1 percent (23.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Davenport-Moline-Rock Island | |
| Northwest Iowa nonmetropolitan area |