The annual and hourly salary statistics of jewelers and precious stone and metal workers in Indianapolis-Carmel, Indiana are shown in Table 1 and Table 2, respectively. The wage statistics of jewelers and precious stone and metal workers in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,520 |
| 25th Percentile Wage | $34,840 |
| 50th Percentile Wage | $40,480 |
| 75th Percentile Wage | $47,760 |
| 90th Percentile Wage | $53,140 |
Table 1 shows the average annual salary for jewelers and precious stone and metal workers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $53,140. The median (50th percentile) annual salary is $40,480. The average annual salary for the bottom 10 percent earners is $31,520.
The table and chart below show the trend of the median salary of jewelers and precious stone and metal workers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $40,480 | -11.07% | -15.19% |
| 2016 | $44,960 | -3.47% | - |
| 2015 | $46,520 | -3.87% | - |
| 2014 | $48,320 | -9.00% | - |
| 2013 | $52,670 | 11.47% | - |
| 2012 | $46,630 | - | - |
From Table 3 we note that with a median annual salary of $40,480, Indianapolis-Carmel is the highest paying city for jewelers and precious stone and metal workers in state of Indiana, followed by Central Indiana nonmetropolitan area (median annual salary $37,550). In comparison, the median annual salary of jewelers and precious stone and metal workers in Indianapolis-Carmel is 7.2 percent (7.2%) higher than that in Central Indiana nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Central Indiana nonmetropolitan area | |
| Fort Wayne | |
| Gary |