The annual salary statistics of industrial machinery mechanics in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage data of industrial machinery mechanics 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 | $47,530 |
| 25th Percentile Wage | $52,470 |
| 50th Percentile Wage | $60,800 |
| 75th Percentile Wage | $65,590 |
| 90th Percentile Wage | $74,840 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $74,840. The median (50th percentile) annual salary is $60,800. The average annual salary for the bottom 10 percent earners is $47,530.
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 | $60,800 | 0.56% | 18.29% |
| 2021 | $60,460 | 0.98% | - |
| 2020 | $59,870 | 8.28% | - |
| 2019 | $54,910 | 6.85% | - |
| 2018 | $51,150 | 4.83% | - |
| 2017 | $48,680 | -2.05% | - |
| 2016 | $49,680 | -13.24% | - |
| 2015 | $56,260 | 11.70% | - |
| 2012 | $49,680 | - | - |
From Table 3 we note that the median annual salary of $60,800 in Lafayette-West Lafayette 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 Lafayette-West Lafayette is 22.8 percent (22.8%) lower than that in the highest paying Kokomo and 17.3 percent (17.3%) 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 |