The annual salary statistics of sheet metal workers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of sheet metal workers in Indianapolis-Carmel 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 | $42,800 |
| 25th Percentile Wage | $51,070 |
| 50th Percentile Wage | $55,930 |
| 75th Percentile Wage | $81,510 |
| 90th Percentile Wage | $81,570 |
Table 1 shows the average annual salary for sheet 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 $81,570. The median (50th percentile) annual salary is $55,930. The average annual salary for the bottom 10 percent earners is $42,800.
The table and chart below show the trend of the median salary of sheet metal workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $55,930 | 14.11% | 10.17% |
| 2021 | $48,040 | -6.83% | - |
| 2020 | $51,320 | 4.62% | - |
| 2019 | $48,950 | -16.55% | - |
| 2018 | $57,050 | 17.13% | - |
| 2017 | $47,280 | 3.11% | - |
| 2016 | $45,810 | -2.38% | - |
| 2015 | $46,900 | -2.43% | - |
| 2014 | $48,040 | -5.16% | - |
| 2013 | $50,520 | 0.55% | - |
| 2012 | $50,240 | - | - |
From Table 3 we note that the median annual salary of $55,930 in Indianapolis-Carmel is in the middle of salary range for sheet metal workers in state of Indiana. In comparison, the annual salary of sheet metal workers in Indianapolis-Carmel is 33.1 percent (33.1%) lower than that in the highest paying Gary and 46.6 percent (46.6%) higher than that in the lowest paying Muncie.
| Cities/Areas | Median Annual Salary |
|---|---|
| Gary | |
| Michigan City-La Porte | |
| Elkhart-Goshen | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Terre Haute | |
| Fort Wayne | |
| Bloomington | |
| Columbus | |
| Lafayette | |
| Southern Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Muncie |