The annual salary statistics of bakers in Lexington-Fayette, Kentucky is shown in Table 1. The wage statistics of bakers in Lexington-Fayette 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 | $22,620 |
| 25th Percentile Wage | $27,150 |
| 50th Percentile Wage | $34,180 |
| 75th Percentile Wage | $38,000 |
| 90th Percentile Wage | $46,560 |
Table 1 shows the average annual salary for bakers in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $46,560. The median (50th percentile) annual salary is $34,180. The average annual salary for the bottom 10 percent earners is $22,620.
The table and chart below show the trend of the median salary of bakers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $34,180 | 13.69% | 41.08% |
| 2021 | $29,500 | 13.76% | - |
| 2020 | $25,440 | 2.36% | - |
| 2019 | $24,840 | -4.87% | - |
| 2018 | $26,050 | 6.95% | - |
| 2017 | $24,240 | 9.57% | - |
| 2016 | $21,920 | 3.28% | - |
| 2015 | $21,200 | 9.62% | - |
| 2014 | $19,160 | -3.60% | - |
| 2013 | $19,850 | -1.46% | - |
| 2012 | $20,140 | - | - |
From Table 3 we note that with a median annual salary of $34,180, Lexington-Fayette is the highest paying city for bakers in state of Kentucky, followed by Evansville (median annual salary $31,790). In comparison, the median annual salary of bakers in Lexington-Fayette is 7.0 percent (7.0%) higher than that in Evansville.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lexington-Fayette | |
| Evansville | |
| Louisville-Jefferson County | |
| West Central Kentucky nonmetropolitan area | |
| Bowling Green | |
| East Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| Owensboro | |
| Elizabethtown |