The annual salary statistics of industrial machinery mechanics in Elkhart-Goshen, Indiana is shown in Table 1. The wage information of industrial machinery mechanics 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 | $42,780 |
| 25th Percentile Wage | $48,710 |
| 50th Percentile Wage | $55,370 |
| 75th Percentile Wage | $63,970 |
| 90th Percentile Wage | $74,680 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $74,680. The median (50th percentile) annual salary is $55,370. The average annual salary for the bottom 10 percent earners is $42,780.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $55,370 | 7.21% | 24.00% |
| 2021 | $51,380 | -6.70% | - |
| 2020 | $54,820 | 2.83% | - |
| 2019 | $53,270 | 6.61% | - |
| 2018 | $49,750 | 6.59% | - |
| 2017 | $46,470 | 4.84% | - |
| 2016 | $44,220 | 1.65% | - |
| 2015 | $43,490 | 7.47% | - |
| 2014 | $40,240 | -1.96% | - |
| 2013 | $41,030 | -2.56% | - |
| 2012 | $42,080 | - | - |
From Table 3 we note that the median annual salary of $55,370 in Elkhart-Goshen is in the middle of salary range for industrial machinery mechanics in state of Indiana. In comparison, the annual salary of industrial machinery mechanics in Elkhart-Goshen is 29.7 percent (29.7%) lower than that in the highest paying Kokomo and 9.2 percent (9.2%) higher than that in the lowest paying Anderson.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kokomo | |
| Terre Haute | |
| Bloomington | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Central Indiana nonmetropolitan area | |
| Muncie | |
| Fort Wayne | |
| Northern Indiana nonmetropolitan area | |
| Columbus | |
| Lafayette | |
| Southern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Michigan City-La Porte | |
| Gary | |
| Anderson |