The annual salary statistics of bakers in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage data of bakers in Lafayette-West Lafayette 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 | $23,730 |
| 25th Percentile Wage | $24,390 |
| 50th Percentile Wage | $27,850 |
| 75th Percentile Wage | $30,230 |
| 90th Percentile Wage | $36,640 |
Table 1 shows the average annual salary for bakers in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $36,640. The median (50th percentile) annual salary is $27,850. The average annual salary for the bottom 10 percent earners is $23,730.
The table and chart below show the trend of the median salary of bakers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $27,850 | 1.40% | 19.17% |
| 2021 | $27,460 | 9.32% | - |
| 2020 | $24,900 | 5.14% | - |
| 2019 | $23,620 | 4.70% | - |
| 2018 | $22,510 | - | - |
From Table 3 we note that the median annual salary of $27,850 in Lafayette-West Lafayette is in the middle of salary range for bakers in state of Indiana. In comparison, the annual salary of bakers in Lafayette-West Lafayette is 13.8 percent (13.8%) lower than that in the highest paying Indianapolis-Carmel and 26.2 percent (26.2%) higher than that in the lowest paying Muncie.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Elkhart-Goshen | |
| Michigan City-La Porte | |
| Central Indiana nonmetropolitan area | |
| Bloomington | |
| Fort Wayne | |
| Northern Indiana nonmetropolitan area | |
| Lafayette-West Lafayette | |
| Southern Indiana nonmetropolitan area | |
| Columbus | |
| Gary | |
| Terre Haute | |
| Kokomo | |
| Anderson | |
| Lafayette | |
| Muncie |