The annual salary statistics of bakers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of bakers in Grand Rapids-Wyoming 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 | $23,300 |
| 25th Percentile Wage | $27,570 |
| 50th Percentile Wage | $28,800 |
| 75th Percentile Wage | $35,060 |
| 90th Percentile Wage | $44,510 |
Table 1 shows the average annual salary for bakers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $44,510. The median (50th percentile) annual salary is $28,800. The average annual salary for the bottom 10 percent earners is $23,300.
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 | $28,800 | 0.56% | 13.89% |
| 2021 | $28,640 | 3.74% | - |
| 2020 | $27,570 | 2.65% | - |
| 2019 | $26,840 | 9.76% | - |
| 2018 | $24,220 | 1.82% | - |
| 2017 | $23,780 | 3.53% | - |
| 2016 | $22,940 | -5.10% | - |
| 2015 | $24,110 | -4.06% | - |
| 2014 | $25,090 | -1.16% | - |
| 2013 | $25,380 | 2.29% | - |
| 2012 | $24,800 | - | - |
From Table 3 we note that the median annual salary of $28,800 in Grand Rapids-Wyoming is in the middle of salary range for bakers in state of Michigan. In comparison, the annual salary of bakers in Grand Rapids-Wyoming is 16.5 percent (16.5%) lower than that in the highest paying Ann Arbor and 30.0 percent (30.0%) higher than that in the lowest paying Midland.