The annual salary statistics of welders, cutters, solderers, and brazers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of welders, cutters, solderers, and brazers 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 | $36,160 |
| 25th Percentile Wage | $39,800 |
| 50th Percentile Wage | $47,410 |
| 75th Percentile Wage | $57,050 |
| 90th Percentile Wage | $66,570 |
Table 1 shows the average annual salary for welders, cutters, solderers, and brazers 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 $66,570. The median (50th percentile) annual salary is $47,410. The average annual salary for the bottom 10 percent earners is $36,160.
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 | $47,410 | 1.62% | 21.22% |
| 2021 | $46,640 | 6.35% | - |
| 2020 | $43,680 | 4.35% | - |
| 2019 | $41,780 | 5.55% | - |
| 2018 | $39,460 | 2.56% | - |
| 2017 | $38,450 | -0.55% | - |
| 2016 | $38,660 | 2.28% | - |
| 2015 | $37,780 | -2.67% | - |
| 2014 | $38,790 | 7.12% | - |
| 2013 | $36,030 | -3.66% | - |
| 2012 | $37,350 | - | - |
From Table 3 we note that with a median annual salary of $47,410, Indianapolis-Carmel is the second highest paying city for welders, cutters, solderers, and brazers in state of Indiana, following the highest paying city Elkhart-Goshen (median annual salary of $48,310). Compared with Elkhart-Goshen, the median annual salary of welders, cutters, solderers, and brazers in Indianapolis-Carmel is 1.9 percent (1.9%) lower.
| 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 |