The annual salary statistics of tool and die makers in Lynchburg, Virginia is shown in Table 1. The wage information of tool and die makers in Lynchburg 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 | $28,020 |
| 25th Percentile Wage | $36,750 |
| 50th Percentile Wage | $38,810 |
| 75th Percentile Wage | $56,040 |
| 90th Percentile Wage | $60,910 |
Table 1 shows the average annual salary for tool and die makers in Lynchburg, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $60,910. The median (50th percentile) annual salary is $38,810. The average annual salary for the bottom 10 percent earners is $28,020.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2021. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 4-Year Growth |
|---|---|---|---|
| 2021 | $38,810 | -48.57% | 17.26% |
| 2020 | $57,660 | -0.59% | - |
| 2019 | $58,000 | 44.64% | - |
| 2017 | $32,110 | - | - |
From Table 3 we note that the median annual salary of $38,810 in Lynchburg is in the middle of salary range for tool and die makers in state of Virginia. In comparison, the annual salary of tool and die makers in Lynchburg is 37.6 percent (37.6%) lower than that in the highest paying Staunton-Waynesboro and 2.4 percent (2.4%) higher than that in the lowest paying Southwestern Virginia nonmetropolitan area.