The annual salary statistics of tool and die makers in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage information of tool and die makers 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 | $40,210 |
| 25th Percentile Wage | $48,260 |
| 50th Percentile Wage | $57,920 |
| 75th Percentile Wage | $76,350 |
| 90th Percentile Wage | $76,350 |
Table 1 shows the average annual salary for tool and die makers 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 $76,350. The median (50th percentile) annual salary is $57,920. The average annual salary for the bottom 10 percent earners is $40,210.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $57,920 | 15.06% | 4.89% |
| 2021 | $49,200 | -8.37% | - |
| 2020 | $53,320 | -13.95% | - |
| 2018 | $60,760 | 3.42% | - |
| 2017 | $58,680 | 6.12% | - |
| 2016 | $55,090 | -4.59% | - |
| 2015 | $57,620 | 4.39% | - |
| 2012 | $55,090 | - | - |
From Table 3 we note that the median annual salary of $57,920 in Lafayette-West Lafayette is in the middle of salary range for tool and die makers in state of Indiana. In comparison, the annual salary of tool and die makers in Lafayette-West Lafayette is 22.9 percent (22.9%) lower than that in the highest paying Kokomo and 18.0 percent (18.0%) higher than that in the lowest paying Gary.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kokomo | |
| Southern Indiana nonmetropolitan area | |
| Bloomington | |
| Fort Wayne | |
| Michigan City-La Porte | |
| Central Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Columbus | |
| Lafayette | |
| Terre Haute | |
| Muncie | |
| Gary |