The annual salary statistics of construction laborers in Sherman-Denison, Texas is shown in Table 1. The wage statistics of construction laborers 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 | $29,010 |
| 25th Percentile Wage | $30,840 |
| 50th Percentile Wage | $31,940 |
| 75th Percentile Wage | $36,060 |
| 90th Percentile Wage | $42,620 |
Table 1 shows the average annual salary for construction laborers 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 $42,620. The median (50th percentile) annual salary is $31,940. The average annual salary for the bottom 10 percent earners is $29,010.
The table and chart below show the trend of the median salary of construction laborers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $31,940 | 6.20% | 26.36% |
| 2021 | $29,960 | 1.17% | - |
| 2020 | $29,610 | -3.92% | - |
| 2019 | $30,770 | 2.53% | - |
| 2018 | $29,990 | 8.70% | - |
| 2017 | $27,380 | 8.07% | - |
| 2016 | $25,170 | 5.80% | - |
| 2015 | $23,710 | -3.33% | - |
| 2014 | $24,500 | 2.78% | - |
| 2013 | $23,820 | 1.26% | - |
| 2012 | $23,520 | - | - |
From Table 3 we note that the median annual salary of $31,940 in Sherman-Denison is in the middle of salary range for construction laborers in state of Texas. In comparison, the annual salary of construction laborers in Sherman-Denison is 16.5 percent (16.5%) lower than that in the highest paying Midland and 8.4 percent (8.4%) higher than that in the lowest paying McAllen-Edinburg-Mission.