The annual salary statistics of welders, cutters, solderers, and brazers in Lexington-Fayette, Kentucky is shown in Table 1. The wage information of welders, cutters, solderers, and brazers 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 | $34,520 |
| 25th Percentile Wage | $39,240 |
| 50th Percentile Wage | $45,560 |
| 75th Percentile Wage | $56,420 |
| 90th Percentile Wage | $64,050 |
Table 1 shows the average annual salary for welders, cutters, solderers, and brazers 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 $64,050. The median (50th percentile) annual salary is $45,560. The average annual salary for the bottom 10 percent earners is $34,520.
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 | $45,560 | -3.56% | 17.95% |
| 2021 | $47,180 | 11.49% | - |
| 2020 | $41,760 | -6.92% | - |
| 2019 | $44,650 | 6.16% | - |
| 2018 | $41,900 | -4.99% | - |
| 2017 | $43,990 | -5.66% | - |
| 2016 | $46,480 | 8.24% | - |
| 2015 | $42,650 | 3.31% | - |
| 2014 | $41,240 | 5.00% | - |
| 2013 | $39,180 | 4.59% | - |
| 2012 | $37,380 | - | - |
From Table 3 we note that with a median annual salary of $45,560, Lexington-Fayette is the second highest paying city for welders, cutters, solderers, and brazers in state of Kentucky, following the highest paying city Louisville-Jefferson County (median annual salary of $46,910). Compared with Louisville-Jefferson County, the median annual salary of welders, cutters, solderers, and brazers in Lexington-Fayette is 2.9 percent (2.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Lexington-Fayette | |
| Evansville | |
| Elizabethtown | |
| East Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| Bowling Green | |
| Owensboro | |
| West Central Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area |