The annual salary statistics of tool and die makers in Albany-Schenectady-Troy, New York is shown in Table 1. The wage data of tool and die makers in Albany-Schenectady-Troy 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 | $41,040 |
| 25th Percentile Wage | $55,950 |
| 50th Percentile Wage | $74,840 |
| 75th Percentile Wage | $82,600 |
| 90th Percentile Wage | $87,210 |
Table 1 shows the average annual salary for tool and die makers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $87,210. The median (50th percentile) annual salary is $74,840. The average annual salary for the bottom 10 percent earners is $41,040.
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 | $74,840 | 3.81% | 39.58% |
| 2021 | $71,990 | 3.72% | - |
| 2020 | $69,310 | 5.08% | - |
| 2019 | $65,790 | -0.03% | - |
| 2018 | $65,810 | 20.77% | - |
| 2017 | $52,140 | 5.73% | - |
| 2016 | $49,150 | 1.75% | - |
| 2015 | $48,290 | 4.49% | - |
| 2014 | $46,120 | 2.49% | - |
| 2013 | $44,970 | -0.56% | - |
| 2012 | $45,220 | - | - |
From Table 3 we note that with a median annual salary of $74,840, Albany-Schenectady-Troy is the highest paying city for tool and die makers in state of New York, followed by Buffalo-Niagara Falls (median annual salary $72,450). In comparison, the median annual salary of tool and die makers in Albany-Schenectady-Troy is 3.2 percent (3.2%) higher than that in Buffalo-Niagara Falls.