The annual salary statistics of machinists in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage data of machinists in Hickory-Lenoir-Morganton 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 | $29,790 |
| 25th Percentile Wage | $34,730 |
| 50th Percentile Wage | $45,520 |
| 75th Percentile Wage | $50,140 |
| 90th Percentile Wage | $61,010 |
Table 1 shows the average annual salary for machinists in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $61,010. The median (50th percentile) annual salary is $45,520. The average annual salary for the bottom 10 percent earners is $29,790.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $45,520 | -2.86% | 29.20% |
| 2021 | $46,820 | 9.50% | - |
| 2020 | $42,370 | 9.23% | - |
| 2019 | $38,460 | 1.85% | - |
| 2018 | $37,750 | -12.77% | - |
| 2017 | $42,570 | 2.09% | - |
| 2016 | $41,680 | 7.10% | - |
| 2015 | $38,720 | 10.72% | - |
| 2014 | $34,570 | 10.10% | - |
| 2013 | $31,080 | -3.70% | - |
| 2012 | $32,230 | - | - |
From Table 3 we note that the median annual salary of $45,520 in Hickory-Lenoir-Morganton is in the middle of salary range for machinists in state of North Carolina. In comparison, the annual salary of machinists in Hickory-Lenoir-Morganton is 26.2 percent (26.2%) lower than that in the highest paying New Bern and 20.6 percent (20.6%) higher than that in the lowest paying Western Central North Carolina nonmetropolitan area.