The annual salary statistics of tool and die makers in Sherman-Denison, Texas is shown in Table 1. The wage data of tool and die makers 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 | $30,670 |
| 25th Percentile Wage | $37,720 |
| 50th Percentile Wage | $49,380 |
| 75th Percentile Wage | $58,470 |
| 90th Percentile Wage | $63,290 |
Table 1 shows the average annual salary for tool and die makers 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 $63,290. The median (50th percentile) annual salary is $49,380. The average annual salary for the bottom 10 percent earners is $30,670.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $49,380 | 5.91% | 1.42% |
| 2019 | $46,460 | -4.78% | - |
| 2016 | $48,680 | 5.26% | - |
| 2015 | $46,120 | -5.55% | - |
| 2012 | $48,680 | - | - |
From Table 3 we note that the median annual salary of $49,380 in Sherman-Denison is in the middle of salary range for tool and die makers in state of Texas. In comparison, the annual salary of tool and die makers in Sherman-Denison is 24.9 percent (24.9%) lower than that in the highest paying Corpus Christi and 57.2 percent (57.2%) higher than that in the lowest paying McAllen-Edinburg-Mission.