The annual salary statistics of machinists in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage statistics of machinists 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 | $35,930 |
| 25th Percentile Wage | $46,060 |
| 50th Percentile Wage | $54,310 |
| 75th Percentile Wage | $54,310 |
| 90th Percentile Wage | $63,510 |
Table 1 shows the average annual salary for machinists 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 $63,510. The median (50th percentile) annual salary is $54,310. The average annual salary for the bottom 10 percent earners is $35,930.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $54,310 | 10.48% | 11.34% |
| 2021 | $48,620 | 0.97% | - |
| 2018 | $48,150 | - | - |
From Table 3 we note that with a median annual salary of $54,310, Lafayette-West Lafayette is the second highest paying city for machinists in state of Indiana, following the highest paying city Northern Indiana nonmetropolitan area (median annual salary of $56,870). Compared with Northern Indiana nonmetropolitan area, the median annual salary of machinists in Lafayette-West Lafayette is 4.5 percent (4.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northern Indiana nonmetropolitan area | |
| Lafayette-West Lafayette | |
| Bloomington | |
| Lafayette | |
| Fort Wayne | |
| Indianapolis-Carmel | |
| Terre Haute | |
| Central Indiana nonmetropolitan area | |
| Columbus | |
| Michigan City-La Porte | |
| Southern Indiana nonmetropolitan area | |
| Kokomo | |
| Elkhart-Goshen | |
| Muncie | |
| Gary | |
| Anderson |