The annual salary statistics of tool and die makers in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage information of tool and die makers 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 | $45,570 |
| 25th Percentile Wage | $50,580 |
| 50th Percentile Wage | $56,070 |
| 75th Percentile Wage | $64,480 |
| 90th Percentile Wage | $69,100 |
Table 1 shows the average annual salary for tool and die makers 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 $69,100. The median (50th percentile) annual salary is $56,070. The average annual salary for the bottom 10 percent earners is $45,570.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $56,070 | -5.99% | 28.73% |
| 2021 | $59,430 | 15.50% | - |
| 2020 | $50,220 | 5.60% | - |
| 2019 | $47,410 | 0.51% | - |
| 2018 | $47,170 | -0.06% | - |
| 2017 | $47,200 | -0.04% | - |
| 2016 | $47,220 | 5.27% | - |
| 2015 | $44,730 | 1.72% | - |
| 2014 | $43,960 | 0.36% | - |
| 2013 | $43,800 | 8.77% | - |
| 2012 | $39,960 | - | - |
From Table 3 we note that the median annual salary of $56,070 in Hickory-Lenoir-Morganton is in the middle of salary range for tool and die makers in state of North Carolina. In comparison, the annual salary of tool and die makers in Hickory-Lenoir-Morganton is 17.6 percent (17.6%) lower than that in the highest paying New Bern and 40.1 percent (40.1%) higher than that in the lowest paying Other North Carolina nonmetropolitan area.