The annual salary statistics of industrial machinery mechanics in Lowell-Billerica-Chelmsford, New Hampshire is shown in Table 1. The wage information of industrial machinery mechanics in Lowell-Billerica-Chelmsford 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 | $40,640 |
| 25th Percentile Wage | $46,820 |
| 50th Percentile Wage | $57,000 |
| 75th Percentile Wage | $69,110 |
| 90th Percentile Wage | $80,460 |
Table 1 shows the average annual salary for industrial machinery mechanics in Lowell-Billerica-Chelmsford, New Hampshire in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $80,460. The median (50th percentile) annual salary is $57,000. The average annual salary for the bottom 10 percent earners is $40,640.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $57,000 | -8.21% | 10.84% |
| 2016 | $61,680 | 7.08% | - |
| 2015 | $57,310 | 4.17% | - |
| 2014 | $54,920 | 3.81% | - |
| 2013 | $52,830 | 3.80% | - |
| 2012 | $50,820 | - | - |
From Table 3 we note that the median annual salary of $57,000 in Lowell-Billerica-Chelmsford is in the middle of salary range for industrial machinery mechanics in state of New Hampshire. In comparison, the annual salary of industrial machinery mechanics in Lowell-Billerica-Chelmsford is 9.4 percent (9.4%) lower than that in the highest paying Portsmouth and 18.1 percent (18.1%) higher than that in the lowest paying Western New Hampshire nonmetropolitan area.