The annual salary statistics of machinists in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of machinists 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 | $34,320 |
| 25th Percentile Wage | $40,260 |
| 50th Percentile Wage | $49,660 |
| 75th Percentile Wage | $60,540 |
| 90th Percentile Wage | $62,930 |
Table 1 shows the average annual salary for machinists 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 $62,930. The median (50th percentile) annual salary is $49,660. The average annual salary for the bottom 10 percent earners is $34,320.
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 | $49,660 | 6.08% | 14.00% |
| 2021 | $46,640 | 8.00% | - |
| 2020 | $42,910 | 5.92% | - |
| 2019 | $40,370 | -0.57% | - |
| 2018 | $40,600 | 2.41% | - |
| 2017 | $39,620 | -7.80% | - |
| 2016 | $42,710 | 6.04% | - |
| 2015 | $40,130 | 0.82% | - |
| 2014 | $39,800 | 4.52% | - |
| 2013 | $38,000 | -12.39% | - |
| 2012 | $42,710 | - | - |
From Table 3 we note that with a median annual salary of $49,660, Saginaw-Saginaw Township North is the second highest paying city for machinists in state of Michigan, following the highest paying city Monroe (median annual salary of $51,660). Compared with Monroe, the median annual salary of machinists in Saginaw-Saginaw Township North is 3.9 percent (3.9%) lower.