The annual salary statistics of mechanical insulation workers in Binghamton, New York is shown in Table 1. The wage data of mechanical insulation workers in Binghamton 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 | $25,380 |
| 25th Percentile Wage | $32,090 |
| 50th Percentile Wage | $45,010 |
| 75th Percentile Wage | $67,150 |
| 90th Percentile Wage | $73,580 |
Table 1 shows the average annual salary for mechanical insulation workers in Binghamton, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $73,580. The median (50th percentile) annual salary is $45,010. The average annual salary for the bottom 10 percent earners is $25,380.
The table and chart below show the trend of the median salary of mechanical insulation workers from 2012 to 2015. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 3-Year Growth |
|---|---|---|---|
| 2015 | $45,010 | 3.42% | 0.00% |
| 2013 | $43,470 | -3.54% | - |
| 2012 | $45,010 | - | - |
From Table 3 we note that with a median annual salary of $45,010, Binghamton is the lowest paying city for mechanical insulation workers in state of New York, following city of Nassau-Suffolk (median annual salary of $116,560). In comparison, the median annual salary of mechanical insulation workers in Binghamton is 61.4 percent (61.4%) lower than that in the highest paying city Nassau-Suffolk.
| Cities/Areas | Median Annual Salary |
|---|---|
| Nassau-Suffolk | |
| New York-Northern New Jersey-Long Island | |
| Syracuse | |
| Albany-Schenectady-Troy | |
| New York-White Plains-Wayne | |
| Buffalo-Niagara Falls | |
| Rochester | |
| Binghamton |