The annual salary statistics of laborers and freight, stock, and material movers in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of laborers and freight, stock, and material movers in Mankato-North Mankato 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 | $29,550 |
| 25th Percentile Wage | $31,470 |
| 50th Percentile Wage | $36,410 |
| 75th Percentile Wage | $39,890 |
| 90th Percentile Wage | $47,000 |
Table 1 shows the average annual salary for laborers and freight, stock, and material movers in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $47,000. The median (50th percentile) annual salary is $36,410. The average annual salary for the bottom 10 percent earners is $29,550.
The table and chart below show the trend of the median salary of laborers and freight, stock, and material movers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $36,410 | 2.22% | 36.34% |
| 2021 | $35,600 | 16.35% | - |
| 2020 | $29,780 | -3.83% | - |
| 2019 | $30,920 | 12.16% | - |
| 2018 | $27,160 | -10.64% | - |
| 2017 | $30,050 | 15.34% | - |
| 2016 | $25,440 | 5.62% | - |
| 2015 | $24,010 | 2.58% | - |
| 2014 | $23,390 | 2.61% | - |
| 2013 | $22,780 | -1.76% | - |
| 2012 | $23,180 | - | - |
From Table 3 we note that with a median annual salary of $36,410, Mankato-North Mankato is the lowest paying city for laborers and freight, stock, and material movers in state of Minnesota, following city of Southwest Minnesota nonmetropolitan area (median annual salary of $39,320). Also we note that in comparison, the annual salary of laborers and freight, stock, and material movers in Mankato-North Mankato is about 7.4 percent (7.4%) lower than that of the highest paying city Southwest Minnesota nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area | |
| Northwest Minnesota nonmetropolitan area | |
| Rochester | |
| St Cloud | |
| Northeast Minnesota nonmetropolitan area | |
| Mankato-North Mankato |