The annual salary statistics of machinists in Providence-Fall River-Warwick, Rhode Island is shown in Table 1. The wage statistics of machinists in Providence-Fall River-Warwick 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 | $37,320 |
| 25th Percentile Wage | $40,400 |
| 50th Percentile Wage | $51,490 |
| 75th Percentile Wage | $62,240 |
| 90th Percentile Wage | $75,050 |
Table 1 shows the average annual salary for machinists in Providence-Fall River-Warwick, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,050. The median (50th percentile) annual salary is $51,490. The average annual salary for the bottom 10 percent earners is $37,320.
The table and chart below show the trend of the median salary of machinists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $51,490 | 6.37% | 17.23% |
| 2021 | $48,210 | 4.40% | - |
| 2020 | $46,090 | -2.56% | - |
| 2019 | $47,270 | -2.16% | - |
| 2018 | $48,290 | 3.09% | - |
| 2017 | $46,800 | 6.82% | - |
| 2016 | $43,610 | 1.38% | - |
| 2015 | $43,010 | 1.74% | - |
| 2014 | $42,260 | -1.56% | - |
| 2013 | $42,920 | 0.70% | - |
| 2012 | $42,620 | - | - |
From Table 3 we note that with a median annual salary of $51,490, Providence-Fall River-Warwick is the second highest paying city for machinists in state of Rhode Island, following the highest paying city Norwich-New London (median annual salary of $70,470). Compared with Norwich-New London, the median annual salary of machinists in Providence-Fall River-Warwick is 26.9 percent (26.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Norwich-New London | |
| Providence-Fall River-Warwick |