SalaryNode

Average Coil Winders, Tapers, and Finishers Salary in Michigan

Coil Winders, Tapers, and Finishers in Michigan earn an average annual salary of $45,960. This figure is slightly below the national average of $48,880, a common trend in regions with a lower cost of living. Local economic factors and industry demand within Michigan play a significant role in shaping this compensation.

Executive Summary

  • Average Salary: $45,960 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,330.
  • Outlook: With a total local workforce of 210 individuals in this specialized role, the market in Michigan indicates a niche presence for Coil Winders, Tapers, and Finishers. The Location Quotient of 0.59 suggests that this profession is less concentrated in Michigan compared to the national average, implying a potentially stable but not overly saturated job market.
2024 Market Data

Salary Overview

$45,960

The average Coil Winders, Tapers, and Finishers in Michigan earns-6.0%below the national average.

BreakdownBased on 40h/week
Hourly

$22.1

Weekly

$884

Monthly

$3,830

Coil Winders, Tapers, and Finishers Salary Distribution in Michigan

Career progression for Coil Winders, Tapers, and Finishers typically involves gaining experience and mastering advanced techniques. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles commanding higher salaries reflect years of dedicated practice and expertise. The salary distribution, though not detailed here, would show a widening gap between entry-level and senior positions, signifying clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$21,490$10.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$34,470$16.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$45,270$21.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$57,450$27.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$61,330$29.5

Detailed Coil Winders, Tapers, and Finishers Market Analysis

Relocation Context

Nominal Salary

$45,960

Gross Pay

Real Wage (Purchasing Power)

$50,728

Adjusted for COL (90.6)

The average annual salary of $45,960 in Michigan presents a favorable financial situation when considered against the local Cost of Living Index of 90.6. Since this index is below the national average of 100, the nominal salary offers a stronger purchasing power for residents, meaning their earnings can go further in covering daily expenses and maintaining a comfortable lifestyle compared to areas with a higher cost of living.

Job Market Context

210

Total Jobs

0.047

Per 1K Jobs

0.59

Location Quotient

Below Average

Michigan has 0.59x the national average concentration of Coil Winders, Tapers, and Finishers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.59 for Coil Winders, Tapers, and Finishers in Michigan indicates that this profession is less prevalent in the state than the national average. This suggests that while there is a demand for these skilled workers, the market is not saturated, potentially offering good opportunities for those entering or established in the field without intense competition.

Nearby Job Markets

Hiring Coil Winders, Tapers, and Finisherss?

Frequently Asked Questions

How much does a Coil Winders, Tapers, and Finishers make in Michigan?

The median annual salary for a Coil Winders, Tapers, and Finishers in Michigan is $45,960. This typically ranges from $21,490 for entry-level positions to $61,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 6.0% lower than the national median of $48,880.

Is Michigan a lucrative place for Coil Winders, Tapers, and Finishers?

Yes, with a caveat.While the average salary is slightly below the national average, Michigan's lower cost of living significantly enhances the purchasing power of the $45,960 salary, making it financially advantageous.

Is Michigan a good place to live for Coil Winders, Tapers, and Finishers?

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

How does Michigan's cost of living affect Coil Winder salaries?

Michigan's cost of living is 9.4% lower than the national average, meaning the $45,960 salary provides a higher effective purchasing power for residents compared to the national average salary in a higher cost-of-living area.

Is the job market for Coil Winders, Tapers, and Finishers competitive in Michigan?

With a Location Quotient of 0.59, the market is less concentrated than the national average, suggesting moderate competition and potentially good job availability for skilled individuals.

What is the total number of Coil Winders, Tapers, and Finishers in Michigan?

There are approximately 210 Coil Winders, Tapers, and Finishers employed in Michigan, indicating a specialized segment within the state's workforce.

How does Michigan's average salary compare to the national average?

The average annual salary for Coil Winders, Tapers, and Finishers in Michigan is $45,960, which is approximately $2,920 less than the national average of $48,880.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Michigan area with a job density of 0.047 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.