The annual salary statistics of reinforcing iron and rebar workers in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage statistics of reinforcing iron and rebar workers in Nashville-Davidson--Murfreesboro--Franklin 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 | $40,530 |
| 25th Percentile Wage | $46,920 |
| 50th Percentile Wage | $48,410 |
| 75th Percentile Wage | $51,160 |
| 90th Percentile Wage | $55,630 |
Table 1 shows the average annual salary for reinforcing iron and rebar workers in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,630. The median (50th percentile) annual salary is $48,410. The average annual salary for the bottom 10 percent earners is $40,530.
The table and chart below show the trend of the median salary of reinforcing iron and rebar workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,410 | 0.76% | 36.93% |
| 2021 | $48,040 | -2.02% | - |
| 2020 | $49,010 | -12.92% | - |
| 2019 | $55,340 | 36.41% | - |
| 2018 | $35,190 | 8.30% | - |
| 2017 | $32,270 | 5.39% | - |
| 2016 | $30,530 | 0.00% | - |
| 2012 | $30,530 | - | - |
From Table 3 we note that with a median annual salary of $48,410, Nashville-Davidson--Murfreesboro--Franklin is the highest paying city for reinforcing iron and rebar workers in state of Tennessee, followed by Memphis (median annual salary $47,600). In comparison, the median annual salary of reinforcing iron and rebar workers in Nashville-Davidson--Murfreesboro--Franklin is 1.7 percent (1.7%) higher than that in Memphis.
| Cities/Areas | Median Annual Salary |
|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | |
| Memphis | |
| South Central Tennessee nonmetropolitan area | |
| Knoxville |