The annual salary statistics of welders, cutters, solderers, and brazers in Elkhart-Goshen, Indiana is shown in Table 1. The wage information of welders, cutters, solderers, and brazers in Elkhart-Goshen 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 | $37,940 |
| 25th Percentile Wage | $40,800 |
| 50th Percentile Wage | $48,310 |
| 75th Percentile Wage | $53,950 |
| 90th Percentile Wage | $61,680 |
Table 1 shows the average annual salary for welders, cutters, solderers, and brazers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $61,680. The median (50th percentile) annual salary is $48,310. The average annual salary for the bottom 10 percent earners is $37,940.
The table and chart below show the trend of the median salary of welders, cutters, solderers, and brazers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,310 | 2.90% | 39.00% |
| 2021 | $46,910 | 18.38% | - |
| 2020 | $38,290 | -0.65% | - |
| 2019 | $38,540 | -0.78% | - |
| 2018 | $38,840 | 4.09% | - |
| 2017 | $37,250 | 5.77% | - |
| 2016 | $35,100 | 3.22% | - |
| 2015 | $33,970 | 8.10% | - |
| 2014 | $31,220 | 1.02% | - |
| 2013 | $30,900 | 4.63% | - |
| 2012 | $29,470 | - | - |
From Table 3 we note that with a median annual salary of $48,310, Elkhart-Goshen is the highest paying city for welders, cutters, solderers, and brazers in state of Indiana, followed by Indianapolis-Carmel (median annual salary $47,410). In comparison, the median annual salary of welders, cutters, solderers, and brazers in Elkhart-Goshen is 1.9 percent (1.9%) higher than that in Indianapolis-Carmel.
| Cities/Areas | Median Annual Salary |
|---|---|
| Elkhart-Goshen | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Kokomo | |
| Bloomington | |
| Terre Haute | |
| Michigan City-La Porte | |
| Fort Wayne | |
| Muncie | |
| Northern Indiana nonmetropolitan area | |
| Columbus | |
| Southern Indiana nonmetropolitan area | |
| Gary | |
| Central Indiana nonmetropolitan area | |
| Lafayette | |
| Anderson |