The annual salary statistics of machinists in Winston-Salem, North Carolina is shown in Table 1. The wage information of machinists in Winston-Salem 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 | $32,430 |
| 25th Percentile Wage | $38,720 |
| 50th Percentile Wage | $48,790 |
| 75th Percentile Wage | $58,410 |
| 90th Percentile Wage | $68,130 |
Table 1 shows the average annual salary for machinists in Winston-Salem, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $68,130. The median (50th percentile) annual salary is $48,790. The average annual salary for the bottom 10 percent earners is $32,430.
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 | $48,790 | 4.41% | 9.94% |
| 2021 | $46,640 | 4.22% | - |
| 2020 | $44,670 | -0.81% | - |
| 2019 | $45,030 | 2.04% | - |
| 2018 | $44,110 | 4.04% | - |
| 2017 | $42,330 | 2.88% | - |
| 2016 | $41,110 | 0.58% | - |
| 2015 | $40,870 | -2.57% | - |
| 2014 | $41,920 | 1.26% | - |
| 2013 | $41,390 | -6.16% | - |
| 2012 | $43,940 | - | - |
From Table 3 we note that the median annual salary of $48,790 in Winston-Salem is in the middle of salary range for machinists in state of North Carolina. In comparison, the annual salary of machinists in Winston-Salem is 20.9 percent (20.9%) lower than that in the highest paying New Bern and 25.9 percent (25.9%) higher than that in the lowest paying Western Central North Carolina nonmetropolitan area.