The annual salary statistics of electricians in Sherman-Denison, Texas is shown in Table 1. The wage data of electricians 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 | $32,860 |
| 25th Percentile Wage | $38,490 |
| 50th Percentile Wage | $49,180 |
| 75th Percentile Wage | $58,810 |
| 90th Percentile Wage | $62,870 |
Table 1 shows the average annual salary for electricians 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 $62,870. The median (50th percentile) annual salary is $49,180. The average annual salary for the bottom 10 percent earners is $32,860.
The table and chart below show the trend of the median salary of electricians from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $49,180 | 4.35% | 14.66% |
| 2021 | $47,040 | 15.24% | - |
| 2020 | $39,870 | -5.39% | - |
| 2019 | $42,020 | -12.71% | - |
| 2018 | $47,360 | -4.08% | - |
| 2017 | $49,290 | 12.34% | - |
| 2016 | $43,210 | 10.60% | - |
| 2015 | $38,630 | 2.90% | - |
| 2014 | $37,510 | -0.85% | - |
| 2013 | $37,830 | -10.94% | - |
| 2012 | $41,970 | - | - |
From Table 3 we note that the median annual salary of $49,180 in Sherman-Denison is in the middle of salary range for electricians in state of Texas. In comparison, the annual salary of electricians in Sherman-Denison is 18.6 percent (18.6%) lower than that in the highest paying Midland and 14.7 percent (14.7%) higher than that in the lowest paying Laredo.