The annual salary statistics of welders, cutters, solderers, and brazers in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of welders, cutters, solderers, and brazers 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 | $38,370 |
| 25th Percentile Wage | $43,000 |
| 50th Percentile Wage | $46,420 |
| 75th Percentile Wage | $49,160 |
| 90th Percentile Wage | $56,260 |
Table 1 shows the average annual salary for welders, cutters, solderers, and brazers 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 $56,260. The median (50th percentile) annual salary is $46,420. The average annual salary for the bottom 10 percent earners is $38,370.
The table and chart below show the trend of the median salary of welders, cutters, solderers, and brazers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $46,420 | 3.96% | 25.46% |
| 2021 | $44,580 | 2.22% | - |
| 2020 | $43,590 | 10.46% | - |
| 2019 | $39,030 | 2.90% | - |
| 2018 | $37,900 | -9.02% | - |
| 2017 | $41,320 | 1.16% | - |
| 2016 | $40,840 | 1.64% | - |
| 2015 | $40,170 | 4.93% | - |
| 2014 | $38,190 | 1.96% | - |
| 2013 | $37,440 | 7.59% | - |
| 2012 | $34,600 | - | - |
From Table 3 we note that with a median annual salary of $46,420, Mankato-North Mankato is the lowest paying city for welders, cutters, solderers, and brazers in state of Minnesota, following city of Northeast Minnesota nonmetropolitan area (median annual salary of $51,800). In comparison, the median annual salary of welders, cutters, solderers, and brazers in Mankato-North Mankato is 10.4 percent (10.4%) lower than that in the highest paying city Northeast Minnesota nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeast Minnesota nonmetropolitan area | |
| St Cloud | |
| Southwest Minnesota nonmetropolitan area | |
| Rochester | |
| Northwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area | |
| Mankato-North Mankato |