The annual salary statistics of new accounts clerks in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage information of new accounts clerks 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 | $36,020 |
| 25th Percentile Wage | $38,540 |
| 50th Percentile Wage | $40,300 |
| 75th Percentile Wage | $45,830 |
| 90th Percentile Wage | $49,600 |
Table 1 shows the average annual salary for new accounts clerks 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 $49,600. The median (50th percentile) annual salary is $40,300. The average annual salary for the bottom 10 percent earners is $36,020.
The table and chart below show the trend of the median salary of new accounts clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $40,300 | 6.80% | 22.75% |
| 2021 | $37,560 | -2.66% | - |
| 2020 | $38,560 | -0.52% | - |
| 2019 | $38,760 | 7.15% | - |
| 2018 | $35,990 | -0.14% | - |
| 2017 | $36,040 | 2.91% | - |
| 2016 | $34,990 | 7.17% | - |
| 2014 | $32,480 | 4.16% | - |
| 2012 | $31,130 | - | - |
From Table 3 we note that the median annual salary of $40,300 in Grand Rapids-Wyoming is in the middle of salary range for new accounts clerks in state of Michigan. In comparison, the annual salary of new accounts clerks in Grand Rapids-Wyoming is 19.2 percent (19.2%) lower than that in the highest paying Saginaw-Saginaw Township North and 19.7 percent (19.7%) higher than that in the lowest paying Warren-Troy-Farmington Hills.