The annual salary statistics of bakers in Sherman-Denison, Texas is shown in Table 1. The wage data of bakers in Sherman-Denison 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 | $16,770 |
| 25th Percentile Wage | $17,910 |
| 50th Percentile Wage | $19,800 |
| 75th Percentile Wage | $25,100 |
| 90th Percentile Wage | $29,250 |
Table 1 shows the average annual salary for bakers in Sherman-Denison, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $29,250. The median (50th percentile) annual salary is $19,800. The average annual salary for the bottom 10 percent earners is $16,770.
The table and chart below show the trend of the median salary of bakers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $19,800 | 1.26% | 8.69% |
| 2019 | $19,550 | 1.84% | - |
| 2018 | $19,190 | -21.68% | - |
| 2017 | $23,350 | 18.89% | - |
| 2015 | $18,940 | 4.49% | - |
| 2014 | $18,090 | 1.88% | - |
| 2013 | $17,750 | -1.86% | - |
| 2012 | $18,080 | - | - |
From Table 3 we note that with a median annual salary of $19,800, Sherman-Denison is the lowest paying city for bakers in state of Texas, following city of San Antonio-New Braunfels (median annual salary of $32,140). In comparison, the median annual salary of bakers in Sherman-Denison is 38.4 percent (38.4%) lower than that in the highest paying city San Antonio-New Braunfels.