The annual salary statistics of industrial machinery mechanics in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of industrial machinery mechanics in Saginaw-Saginaw Township North 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 | $39,490 |
| 25th Percentile Wage | $48,060 |
| 50th Percentile Wage | $59,550 |
| 75th Percentile Wage | $71,150 |
| 90th Percentile Wage | $71,460 |
Table 1 shows the average annual salary for industrial machinery mechanics in Saginaw-Saginaw Township North, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $71,460. The median (50th percentile) annual salary is $59,550. The average annual salary for the bottom 10 percent earners is $39,490.
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 | 9-Year Growth |
|---|---|---|---|
| 2022 | $59,550 | 3.80% | 24.33% |
| 2021 | $57,290 | 18.52% | - |
| 2020 | $46,680 | 0.47% | - |
| 2019 | $46,460 | 1.64% | - |
| 2018 | $45,700 | -3.52% | - |
| 2017 | $47,310 | 4.38% | - |
| 2016 | $45,240 | -1.57% | - |
| 2015 | $45,950 | 4.81% | - |
| 2014 | $43,740 | -3.02% | - |
| 2013 | $45,060 | - | - |
From Table 3 we note that the median annual salary of $59,550 in Saginaw-Saginaw Township North 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 Saginaw-Saginaw Township North is 6.2 percent (6.2%) lower than that in the highest paying Battle Creek and 26.4 percent (26.4%) higher than that in the lowest paying Holland-Grand Haven.