The annual salary statistics of mechanical insulation workers in Greensboro-High Point, North Carolina is shown in Table 1. The wage statistics of mechanical insulation workers in Greensboro-High Point 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 | $37,180 |
| 25th Percentile Wage | $38,080 |
| 50th Percentile Wage | $45,140 |
| 75th Percentile Wage | $45,900 |
| 90th Percentile Wage | $49,610 |
Table 1 shows the average annual salary for mechanical insulation workers in Greensboro-High Point, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $49,610. The median (50th percentile) annual salary is $45,140. The average annual salary for the bottom 10 percent earners is $37,180.
The table and chart below show the trend of the median salary of mechanical insulation workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $45,140 | -0.80% | 36.95% |
| 2021 | $45,500 | 17.89% | - |
| 2020 | $37,360 | 3.10% | - |
| 2019 | $36,200 | 1.55% | - |
| 2018 | $35,640 | 2.61% | - |
| 2017 | $34,710 | 4.90% | - |
| 2016 | $33,010 | 2.57% | - |
| 2015 | $32,160 | 11.50% | - |
| 2012 | $28,460 | - | - |
From Table 3 we note that the median annual salary of $45,140 in Greensboro-High Point is in the middle of salary range for mechanical insulation workers in state of North Carolina. In comparison, the annual salary of mechanical insulation workers in Greensboro-High Point is 13.8 percent (13.8%) lower than that in the highest paying Raleigh-Cary and 21.5 percent (21.5%) higher than that in the lowest paying Winston-Salem.
| Cities/Areas | Median Annual Salary |
|---|---|
| Raleigh-Cary | |
| Northeastern North Carolina nonmetropolitan area | |
| Greensboro-High Point | |
| Western Central North Carolina nonmetropolitan area | |
| Wilmington | |
| Durham-Chapel Hill | |
| Winston-Salem |