The annual salary statistics of cabinetmakers and bench carpenters in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage data of cabinetmakers and bench carpenters 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 | $31,730 |
| 25th Percentile Wage | $36,390 |
| 50th Percentile Wage | $41,700 |
| 75th Percentile Wage | $48,660 |
| 90th Percentile Wage | $58,620 |
Table 1 shows the average annual salary for cabinetmakers and bench carpenters 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 $58,620. The median (50th percentile) annual salary is $41,700. The average annual salary for the bottom 10 percent earners is $31,730.
The table and chart below show the trend of the median salary of cabinetmakers and bench carpenters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $41,700 | 8.85% | 22.83% |
| 2021 | $38,010 | -3.60% | - |
| 2020 | $39,380 | 2.13% | - |
| 2019 | $38,540 | 2.21% | - |
| 2018 | $37,690 | 3.29% | - |
| 2017 | $36,450 | -0.80% | - |
| 2016 | $36,740 | 2.56% | - |
| 2015 | $35,800 | 15.14% | - |
| 2014 | $30,380 | -1.38% | - |
| 2013 | $30,800 | -4.48% | - |
| 2012 | $32,180 | - | - |
From Table 3 we note that the median annual salary of $41,700 in Grand Rapids-Wyoming is in the middle of salary range for cabinetmakers and bench carpenters in state of Michigan. In comparison, the annual salary of cabinetmakers and bench carpenters in Grand Rapids-Wyoming is 14.4 percent (14.4%) lower than that in the highest paying Lansing-East Lansing and 34.1 percent (34.1%) higher than that in the lowest paying Upper Peninsula of Michigan nonmetropolitan area.