SalaryNode

Average Coil Winders, Tapers, and Finishers Salary in Memphis, TN-MS-AR

Coil Winders, Tapers, and Finishers in the Memphis, TN-MS-AR area earn an average annual salary of $43,800. This figure is notably below the national average of $48,880, suggesting that local market dynamics and potentially lower demand contribute to this pay differential. The cost of living in Memphis aligns perfectly with the national average, making the nominal salary a direct reflection of purchasing power.

Executive Summary

  • Average Salary: $43,800 per year.
  • Growth Trend: Salaries have shifted 10.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,860.
  • Outlook: The Memphis, TN-MS-AR region supports a local workforce of 220 Coil Winders, Tapers, and Finishers. With a Location Quotient of 4.54, this occupation is significantly more concentrated in Memphis than the national average, indicating a robust local demand and a specialized labor market. The presence of 0.359 jobs per 1,000 workers further underscores the established presence and ongoing need for these skilled professionals within the region.
2024 Market Data

Salary Overview

$43,800

The average Coil Winders, Tapers, and Finishers in Memphis, TN-MS-AR earns-10.4%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$842

Monthly

$3,650

Coil Winders, Tapers, and Finishers Salary Distribution in Memphis, TN-MS-AR

Salary progression for Coil Winders, Tapers, and Finishers typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities within this trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,870$18.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$32,850$15.8
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$40,680$19.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$54,750$26.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$61,860$29.7

Detailed Coil Winders, Tapers, and Finishers Market Analysis

Relocation Context

Nominal Salary

$43,800

Gross Pay

Real Wage (Purchasing Power)

$43,800

Adjusted for COL (100)

The average annual salary of $43,800 in Memphis, TN-MS-AR aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, without the added financial strain of a higher cost of living often seen in more expensive metropolitan areas.

Job Market Context

220

Total Jobs

0.359

Per 1K Jobs

4.54

Location Quotient

Major Hub

Memphis, TN-MS-AR has 4.5x the national concentration of Coil Winders, Tapers, and Finishers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 4.54 signifies that Coil Winders, Tapers, and Finishers are highly concentrated in the Memphis, TN-MS-AR area, being over 4.5 times more prevalent than the national average. This indicates a specialized and potentially competitive market where employers actively seek out this specific skill set, and workers may find a greater abundance of relevant job opportunities.

Nearby Job Markets

Hiring Coil Winders, Tapers, and Finisherss?

Frequently Asked Questions

How much does a Coil Winders, Tapers, and Finishers make in Memphis, TN-MS-AR?

The median annual salary for a Coil Winders, Tapers, and Finishers in Memphis, TN-MS-AR is $43,800. This typically ranges from $37,870 for entry-level positions to $61,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 10.4% lower than the national median of $48,880.

Is Memphis, TN-MS-AR a lucrative place for Coil Winders, Tapers, and Finishers?

No, but it is a concentrated market.While the average salary of $43,800 is below the national average, the exceptionally high Location Quotient of 4.54 suggests a strong local demand and a specialized job market for these professionals.

Is Memphis, TN-MS-AR a good place to live for Coil Winders, Tapers, and Finishers?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

How does the Memphis salary compare to the national average?

The average salary for Coil Winders, Tapers, and Finishers in Memphis, TN-MS-AR is $43,800, which is approximately $5,080 less than the national average of $48,880.

What does a Location Quotient of 4.54 mean?

A Location Quotient of 4.54 indicates that the concentration of Coil Winders, Tapers, and Finishers in the Memphis area is 4.54 times higher than the national average, suggesting a significant local industry presence.

Is the cost of living in Memphis high for this profession?

No, the cost of living in Memphis is exactly at the national average (index of 100), meaning your $43,800 salary has average national purchasing power.

How many Coil Winders, Tapers, and Finishers work in Memphis?

There are approximately 220 Coil Winders, Tapers, and Finishers employed in the Memphis, TN-MS-AR region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Memphis, TN-MS-AR area with a job density of 0.359 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR