The annual salary statistics of structural iron and steel workers in Lake Charles, Louisiana is shown in Table 1. The wage statistics of structural iron and steel workers in Lake Charles 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 | $36,990 |
| 25th Percentile Wage | $46,900 |
| 50th Percentile Wage | $60,520 |
| 75th Percentile Wage | $76,600 |
| 90th Percentile Wage | $78,150 |
Table 1 shows the average annual salary for structural iron and steel workers in Lake Charles, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $78,150. The median (50th percentile) annual salary is $60,520. The average annual salary for the bottom 10 percent earners is $36,990.
The table and chart below show the trend of the median salary of structural iron and steel workers from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2021 | $60,520 | 3.45% | 15.68% |
| 2020 | $58,430 | -3.29% | - |
| 2019 | $60,350 | 1.06% | - |
| 2018 | $59,710 | 9.36% | - |
| 2016 | $54,120 | 0.83% | - |
| 2015 | $53,670 | -2.38% | - |
| 2014 | $54,950 | 7.13% | - |
| 2013 | $51,030 | - | - |
From Table 3 we note that with a median annual salary of $60,520, Lake Charles is the second highest paying city for structural iron and steel workers in state of Louisiana, following the highest paying city Baton Rouge (median annual salary of $64,640). Compared with Baton Rouge, the median annual salary of structural iron and steel workers in Lake Charles is 6.4 percent (6.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Baton Rouge | |
| Lake Charles | |
| New Iberia nonmetropolitan area | |
| Southwest Louisiana nonmetropolitan area | |
| New Orleans-Metairie-Kenner | |
| Houma-Bayou Cane-Thibodaux | |
| Monroe | |
| Lafayette | |
| Shreveport-Bossier City | |
| Alexandria |