The annual salary statistics of machinists in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of machinists 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 | $32,200 |
| 25th Percentile Wage | $36,990 |
| 50th Percentile Wage | $46,100 |
| 75th Percentile Wage | $55,280 |
| 90th Percentile Wage | $62,820 |
Table 1 shows the average annual salary for machinists 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 $62,820. The median (50th percentile) annual salary is $46,100. The average annual salary for the bottom 10 percent earners is $32,200.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $46,100 | -1.04% | 38.22% |
| 2021 | $46,580 | 8.84% | - |
| 2020 | $42,460 | 4.83% | - |
| 2019 | $40,410 | 1.88% | - |
| 2018 | $39,650 | -8.75% | - |
| 2017 | $43,120 | 4.34% | - |
| 2016 | $41,250 | 6.35% | - |
| 2015 | $38,630 | 17.11% | - |
| 2014 | $32,020 | 10.06% | - |
| 2013 | $28,800 | 1.11% | - |
| 2012 | $28,480 | - | - |
From Table 3 we note that the median annual salary of $46,100 in Grand Rapids-Wyoming is in the middle of salary range for machinists in state of Michigan. In comparison, the annual salary of machinists in Grand Rapids-Wyoming is 10.8 percent (10.8%) lower than that in the highest paying Monroe and 21.9 percent (21.9%) higher than that in the lowest paying Holland-Grand Haven.