The annual and hourly salary statistics of molders, shapers, and casters, except metal and plastic in Memphis, Tennessee are shown in Table 1 and Table 2, respectively. The wage information of molders, shapers, and casters, except metal and plastic in Memphis 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 | $19,470 |
| 25th Percentile Wage | $24,170 |
| 50th Percentile Wage | $30,420 |
| 75th Percentile Wage | $36,700 |
| 90th Percentile Wage | $42,980 |
Table 1 shows the average annual salary for molders, shapers, and casters, except metal and plastic in Memphis, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $42,980. The median (50th percentile) annual salary is $30,420. The average annual salary for the bottom 10 percent earners is $19,470.
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. Note that there is no salary data for some years between 2012 and 2017.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $30,420 | 9.76% | 19.00% |
| 2016 | $27,450 | -19.49% | - |
| 2013 | $32,800 | 24.88% | - |
| 2012 | $24,640 | - | - |
From Table 3 we note that the median annual salary of $30,420 in Memphis is in the middle of salary range for molders, shapers, and casters, except metal and plastic in state of Tennessee. In comparison, the annual salary of molders, shapers, and casters, except metal and plastic in Memphis is 18.8 percent (18.8%) lower than that in the highest paying North Central Tennessee nonmetropolitan area and 15.6 percent (15.6%) higher than that in the lowest paying Eastern Tennessee nonmetropolitan area.