The annual salary statistics of coil winders, tapers, and finishers in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage statistics of coil winders, tapers, and finishers in Detroit-Warren-Livonia 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 | $32,090 |
| 25th Percentile Wage | $34,300 |
| 50th Percentile Wage | $45,760 |
| 75th Percentile Wage | $76,960 |
| 90th Percentile Wage | $79,860 |
Table 1 shows the average annual salary for coil winders, tapers, and finishers in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $79,860. The median (50th percentile) annual salary is $45,760. The average annual salary for the bottom 10 percent earners is $32,090.
The table and chart below show the trend of the median salary of coil winders, tapers, and finishers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $45,760 | -4.11% | 35.90% |
| 2021 | $47,640 | 14.90% | - |
| 2020 | $40,540 | 4.00% | - |
| 2019 | $38,920 | 21.97% | - |
| 2018 | $30,370 | 2.34% | - |
| 2017 | $29,660 | -39.38% | - |
| 2016 | $41,340 | 11.71% | - |
| 2015 | $36,500 | 5.04% | - |
| 2014 | $34,660 | 6.00% | - |
| 2013 | $32,580 | 9.98% | - |
| 2012 | $29,330 | - | - |
From Table 3 we note that with a median annual salary of $45,760, Detroit-Warren-Livonia is the highest paying city for coil winders, tapers, and finishers in state of Michigan, followed by Detroit-Livonia-Dearborn (median annual salary $36,290). In comparison, the median annual salary of coil winders, tapers, and finishers in Detroit-Warren-Livonia is 20.7 percent (20.7%) higher than that in Detroit-Livonia-Dearborn.
| Cities/Areas | Median Annual Salary |
|---|---|
| Detroit-Warren-Livonia | |
| Detroit-Livonia-Dearborn | |
| Warren-Troy-Farmington Hills | |
| Holland-Grand Haven | |
| Grand Rapids-Wyoming |