The annual and hourly salary statistics of molders, shapers, and casters, except metal and plastic in Grand Rapids-Wyoming, Michigan are shown in Table 1 and Table 2, respectively. The wage data of molders, shapers, and casters, except metal and plastic in Grand Rapids-Wyoming is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $18,890 |
| 25th Percentile Wage | $20,020 |
| 50th Percentile Wage | $23,070 |
| 75th Percentile Wage | $27,790 |
| 90th Percentile Wage | $37,660 |
Table 1 shows the average annual salary for molders, shapers, and casters, except metal and plastic 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 $37,660. The median (50th percentile) annual salary is $23,070. The average annual salary for the bottom 10 percent earners is $18,890.
The table and chart below show the trend of the median salary of molders, shapers, and casters, except metal and plastic from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $23,070 | 1.65% | 1.65% |
| 2016 | $22,690 | -15.03% | - |
| 2015 | $26,100 | -28.05% | - |
| 2014 | $33,420 | -1.38% | - |
| 2013 | $33,880 | 33.03% | - |
| 2012 | $22,690 | - | - |
From Table 3 we note that with a median annual salary of $23,070, Grand Rapids-Wyoming is the lowest paying city for molders, shapers, and casters, except metal and plastic in state of Michigan, following city of Kalamazoo-Portage (median annual salary of $36,600). Compared with the highest paying city Kalamazoo-Portage, the median annual salary of molders, shapers, and casters, except metal and plastic in Grand Rapids-Wyoming is 37.0 percent (37.0%) lower.