The annual salary statistics of industrial machinery mechanics in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of industrial machinery mechanics 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 | $38,830 |
| 25th Percentile Wage | $47,880 |
| 50th Percentile Wage | $57,920 |
| 75th Percentile Wage | $63,830 |
| 90th Percentile Wage | $74,150 |
Table 1 shows the average annual salary for industrial machinery mechanics 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 $74,150. The median (50th percentile) annual salary is $57,920. The average annual salary for the bottom 10 percent earners is $38,830.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $57,920 | 13.36% | 17.89% |
| 2021 | $50,180 | -0.44% | - |
| 2020 | $50,400 | 4.68% | - |
| 2019 | $48,040 | 3.60% | - |
| 2018 | $46,310 | 0.11% | - |
| 2017 | $46,260 | 1.66% | - |
| 2016 | $45,490 | 1.74% | - |
| 2015 | $44,700 | -0.76% | - |
| 2014 | $45,040 | -0.04% | - |
| 2013 | $45,060 | -5.55% | - |
| 2012 | $47,560 | - | - |
From Table 3 we note that the median annual salary of $57,920 in Grand Rapids-Wyoming is in the middle of salary range for industrial machinery mechanics in state of Michigan. In comparison, the annual salary of industrial machinery mechanics in Grand Rapids-Wyoming is 8.7 percent (8.7%) lower than that in the highest paying Battle Creek and 24.3 percent (24.3%) higher than that in the lowest paying Holland-Grand Haven.