The annual salary statistics of tool and die makers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of tool and die makers 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 | $39,940 |
| 25th Percentile Wage | $49,540 |
| 50th Percentile Wage | $62,040 |
| 75th Percentile Wage | $67,200 |
| 90th Percentile Wage | $73,520 |
Table 1 shows the average annual salary for tool and die makers 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 $73,520. The median (50th percentile) annual salary is $62,040. The average annual salary for the bottom 10 percent earners is $39,940.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $62,040 | 2.71% | 22.89% |
| 2021 | $60,360 | 5.82% | - |
| 2020 | $56,850 | 4.75% | - |
| 2019 | $54,150 | 2.36% | - |
| 2018 | $52,870 | 3.33% | - |
| 2017 | $51,110 | 1.84% | - |
| 2016 | $50,170 | 5.08% | - |
| 2015 | $47,620 | -3.70% | - |
| 2014 | $49,380 | 4.05% | - |
| 2013 | $47,380 | -0.97% | - |
| 2012 | $47,840 | - | - |
From Table 3 we note that the median annual salary of $62,040 in Grand Rapids-Wyoming is in the middle of salary range for tool and die makers in state of Michigan. In comparison, the annual salary of tool and die makers in Grand Rapids-Wyoming is 18.6 percent (18.6%) lower than that in the highest paying Flint and 28.1 percent (28.1%) higher than that in the lowest paying Holland-Grand Haven.