Machinists Salary Trend (2011–2024)
Historical salary and employment data from the U.S. Bureau of Labor Statistics.
Median Salary in 2024
$56,150
↑ 43.2% since 2011
Median Salary Over Time
Machinists — Median Annual Salary
Employment Over Time
Machinists — Total Employment
Key Insights
📈Salaries grew 43.2% since 2011 ($39,220 → $56,150)
🏆Peak year: 2024 at $56,150
🦠COVID impact: Salary rose 3.2% from 2019 to 2020, likely reflecting workforce composition changes.
💰After inflation (~3%/yr), real growth is approximately -3%
Year-by-Year Salary Data
| Year | Median Salary | YoY Change |
|---|---|---|
| 2024 | $56,150 | +10.4% |
| 2023 | $50,840 | +4.8% |
| 2022 | $48,510 | +1.6% |
| 2021 | $47,730 | +4.1% |
| 2020 | $45,840 | +3.2% |
| 2019 | $44,420 | +1.8% |
| 2018 | $43,630 | +2.4% |
| 2017 | $42,600 | +2.2% |
| 2016 | $41,700 | +2.8% |
| 2015 | $40,550 | +1.4% |
| 2014 | $39,980 | +1.0% |
| 2013 | $39,570 | +0.2% |
| 2012 | $39,500 | +0.7% |
| 2011 | $39,220 | — |
Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), 2011–2024. All figures are annual median wages in nominal dollars.