The annual and hourly salary statistics of molders, shapers, and casters, except metal and plastic in Newark-Union, Pennsylvania are shown in Table 1 and Table 2, respectively. The wage statistics of molders, shapers, and casters, except metal and plastic in Newark-Union is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,890 |
| 25th Percentile Wage | $36,020 |
| 50th Percentile Wage | $43,360 |
| 75th Percentile Wage | $54,470 |
| 90th Percentile Wage | $64,630 |
Table 1 shows the average annual salary for molders, shapers, and casters, except metal and plastic in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,630. The median (50th percentile) annual salary is $43,360. The average annual salary for the bottom 10 percent earners is $31,890.
The table and chart below show the trend of the median salary of molders, shapers, and casters, except metal and plastic from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $43,360 | 16.28% | 34.13% |
| 2016 | $36,300 | 5.90% | - |
| 2015 | $34,160 | 6.59% | - |
| 2014 | $31,910 | 6.86% | - |
| 2013 | $29,720 | 3.90% | - |
| 2012 | $28,560 | - | - |
From Table 3 we note that with a median annual salary of $43,360, Newark-Union is the highest paying city for molders, shapers, and casters, except metal and plastic in state of Pennsylvania, followed by Philadelphia (median annual salary $38,440). In comparison, the median annual salary of molders, shapers, and casters, except metal and plastic in Newark-Union is 11.3 percent (11.3%) higher than that in Philadelphia.