The annual salary statistics of farmers, ranchers, and other agricultural managers in Waco, Texas is shown in Table 1. The wage information of farmers, ranchers, and other agricultural managers in Waco is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,650 |
| 25th Percentile Wage | $54,380 |
| 50th Percentile Wage | $58,810 |
| 75th Percentile Wage | $63,250 |
| 90th Percentile Wage | $65,900 |
Table 1 shows the average annual salary for farmers, ranchers, and other agricultural managers in Waco, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $65,900. The median (50th percentile) annual salary is $58,810. The average annual salary for the bottom 10 percent earners is $38,650.
From Table 3 we note that with a median annual salary of $58,810, Waco is the lowest paying city for farmers, ranchers, and other agricultural managers in state of Texas, following city of Northwestern Texas nonmetropolitan area (median annual salary of $93,050). In comparison, the median annual salary of farmers, ranchers, and other agricultural managers in Waco is 36.8 percent (36.8%) lower than that in the highest paying city Northwestern Texas nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northwestern Texas nonmetropolitan area | |
| Dallas-Fort Worth-Arlington | |
| Houston-Sugar Land-Baytown | |
| Waco |