The annual and hourly salary statistics of molders, shapers, and casters, except metal and plastic in Richmond, Virginia are shown in Table 1 and Table 2, respectively. The wage statistics of molders, shapers, and casters, except metal and plastic in Richmond is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $25,990 |
| 25th Percentile Wage | $28,480 |
| 50th Percentile Wage | $34,050 |
| 75th Percentile Wage | $43,330 |
| 90th Percentile Wage | $52,150 |
Table 1 shows the average annual salary for molders, shapers, and casters, except metal and plastic in Richmond, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $52,150. The median (50th percentile) annual salary is $34,050. The average annual salary for the bottom 10 percent earners is $25,990.
The table and chart below show the trend of the median salary of molders, shapers, and casters, except metal and plastic from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $34,050 | -2.00% | 18.38% |
| 2016 | $34,730 | 9.96% | - |
| 2015 | $31,270 | 7.87% | - |
| 2014 | $28,810 | 3.51% | - |
| 2013 | $27,800 | 0.04% | - |
| 2012 | $27,790 | - | - |
From Table 3 we note that the median annual salary of $34,050 in Richmond is in the middle of salary range for molders, shapers, and casters, except metal and plastic in state of Virginia. In comparison, the annual salary of molders, shapers, and casters, except metal and plastic in Richmond is 22.2 percent (22.2%) lower than that in the highest paying Southwestern Virginia nonmetropolitan area and 14.4 percent (14.4%) higher than that in the lowest paying Kingsport-Bristol-Bristol.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwestern Virginia nonmetropolitan area | |
| Northeastern Virginia nonmetropolitan area | |
| Richmond | |
| Virginia Beach-Norfolk-Newport News | |
| Southside Virginia nonmetropolitan area | |
| Roanoke | |
| Kingsport-Bristol-Bristol |