The annual salary statistics of tool and die makers in Kokomo, Indiana is shown in Table 1. The wage statistics of tool and die makers in Kokomo 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 | $67,480 |
| 25th Percentile Wage | $70,360 |
| 50th Percentile Wage | $75,150 |
| 75th Percentile Wage | $79,950 |
| 90th Percentile Wage | $82,820 |
Table 1 shows the average annual salary for tool and die makers in Kokomo, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $82,820. The median (50th percentile) annual salary is $75,150. The average annual salary for the bottom 10 percent earners is $67,480.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $75,150 | 4.87% | 17.37% |
| 2015 | $71,490 | 13.13% | - |
| 2012 | $62,100 | - | - |
From Table 3 we note that with a median annual salary of $75,150, Kokomo is the highest paying city for tool and die makers in state of Indiana, followed by Southern Indiana nonmetropolitan area (median annual salary $63,930). In comparison, the median annual salary of tool and die makers in Kokomo is 14.9 percent (14.9%) higher than that in Southern Indiana nonmetropolitan area.