The annual salary statistics of machinists in Lexington-Fayette, Kentucky is shown in Table 1. The wage information of machinists 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 | $31,910 |
| 25th Percentile Wage | $42,290 |
| 50th Percentile Wage | $49,860 |
| 75th Percentile Wage | $59,820 |
| 90th Percentile Wage | $63,970 |
Table 1 shows the average annual salary for machinists 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 $63,970. The median (50th percentile) annual salary is $49,860. The average annual salary for the bottom 10 percent earners is $31,910.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $49,860 | 3.85% | 19.37% |
| 2021 | $47,940 | -2.90% | - |
| 2020 | $49,330 | 5.43% | - |
| 2019 | $46,650 | -0.60% | - |
| 2018 | $46,930 | 4.96% | - |
| 2017 | $44,600 | 0.74% | - |
| 2016 | $44,270 | 4.59% | - |
| 2015 | $42,240 | 1.35% | - |
| 2014 | $41,670 | 10.94% | - |
| 2013 | $37,110 | -8.33% | - |
| 2012 | $40,200 | - | - |
From Table 3 we note that with a median annual salary of $49,860, Lexington-Fayette is the second highest paying city for machinists in state of Kentucky, following the highest paying city Owensboro (median annual salary of $62,770). Compared with Owensboro, the median annual salary of machinists in Lexington-Fayette is 20.6 percent (20.6%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Owensboro | |
| Lexington-Fayette | |
| Louisville-Jefferson County | |
| Evansville | |
| Elizabethtown | |
| West Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| Bowling Green | |
| South Central Kentucky nonmetropolitan area |