The annual salary statistics of structural iron and steel workers in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage data of structural iron and steel workers in Detroit-Warren-Livonia 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 | $48,400 |
| 25th Percentile Wage | $64,150 |
| 50th Percentile Wage | $68,140 |
| 75th Percentile Wage | $74,510 |
| 90th Percentile Wage | $78,360 |
Table 1 shows the average annual salary for structural iron and steel workers in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $78,360. The median (50th percentile) annual salary is $68,140. The average annual salary for the bottom 10 percent earners is $48,400.
The table and chart below show the trend of the median salary of structural iron and steel workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $68,140 | 11.42% | 11.68% |
| 2021 | $60,360 | -4.66% | - |
| 2020 | $63,170 | 4.83% | - |
| 2019 | $60,120 | 3.78% | - |
| 2018 | $57,850 | 5.77% | - |
| 2017 | $54,510 | 2.13% | - |
| 2016 | $53,350 | -1.14% | - |
| 2015 | $53,960 | 2.74% | - |
| 2014 | $52,480 | -1.28% | - |
| 2013 | $53,150 | -13.23% | - |
| 2012 | $60,180 | - | - |
From Table 3 we note that with a median annual salary of $68,140, Detroit-Warren-Livonia is the highest paying city for structural iron and steel workers in state of Michigan, followed by Saginaw-Saginaw Township North (median annual salary $63,490). In comparison, the median annual salary of structural iron and steel workers in Detroit-Warren-Livonia is 6.8 percent (6.8%) higher than that in Saginaw-Saginaw Township North.