The annual salary statistics of coil winders, tapers, and finishers in Elkhart-Goshen, Indiana is shown in Table 1. The wage data of coil winders, tapers, and finishers in Elkhart-Goshen 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 | $30,010 |
| 25th Percentile Wage | $38,330 |
| 50th Percentile Wage | $38,370 |
| 75th Percentile Wage | $39,750 |
| 90th Percentile Wage | $50,040 |
Table 1 shows the average annual salary for coil winders, tapers, and finishers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $50,040. The median (50th percentile) annual salary is $38,370. The average annual salary for the bottom 10 percent earners is $30,010.
The table and chart below show the trend of the median salary of coil winders, tapers, and finishers from 2012 to 2021. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2021 | $38,370 | 11.44% | 20.51% |
| 2020 | $33,980 | 10.24% | - |
| 2019 | $30,500 | - | - |
From Table 3 we note that the median annual salary of $38,370 in Elkhart-Goshen is in the middle of salary range for coil winders, tapers, and finishers in state of Indiana. In comparison, the annual salary of coil winders, tapers, and finishers in Elkhart-Goshen is 19.3 percent (19.3%) lower than that in the highest paying Indianapolis-Carmel and 48.9 percent (48.9%) higher than that in the lowest paying Central Indiana nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Northern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Fort Wayne | |
| Lafayette | |
| Central Indiana nonmetropolitan area |