The average annual and hourly salaries for molders, shapers, and casters, except metal and plastic in the state of Michigan are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of molders, shapers, and casters, except metal and plastic amongst Michigan cities is shown in Table 3. The salary statistics are 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 | $20,130 |
| 25th Percentile Wage | $23,540 |
| 50th Percentile Wage | $28,470 |
| 75th Percentile Wage | $36,390 |
| 90th Percentile Wage | $46,240 |
Table 1 shows the average annual salary for molders, shapers, and casters, except metal and plastic in Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $46,240. The median (50th percentile) annual salary is $28,470. The average annual salary for the bottom 10 percent is $20,130.
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 | $28,470 | -4.64% | -15.42% |
| 2016 | $29,790 | -2.52% | - |
| 2015 | $30,540 | -4.52% | - |
| 2014 | $31,920 | -3.54% | - |
| 2013 | $33,050 | 0.57% | - |
| 2012 | $32,860 | - | - |
Table 3 shows the median annual salary of molders, shapers, and casters, except metal and plastic in some Michigan cities and metropolitan areas. We note that the median annual salary of molders, shapers, and casters, except metal and plastic in state of Michigan ranges from $23,070 to $36,600. The highest paying area for molders, shapers, and casters, except metal and plastic in Michigan is Kalamazoo-Portage with a median annual salary of $36,600. The second highest paying city/area in Michigan State is Balance of Lower Peninsula of Michigan nonmetropolitan area (mean annual salary $35,410). The lowest paying area is Grand Rapids-Wyoming with a median annual salary of $23,070.