Average Coil Winders, Tapers, and Finishers Salary in New York
Coil Winders, Tapers, and Finishers in New York earn an average annual salary of $54,700, significantly higher than the national average of $48,880. This elevated compensation is largely driven by New York's robust industrial sector and the higher cost of living, which necessitates greater pay to attract and retain skilled labor in specialized manufacturing roles.
Executive Summary
- Average Salary: $54,700 per year.
- Growth Trend: Salaries have shifted 57.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,830.
- Outlook: With a local workforce of 730 individuals and a Location Quotient of 0.97, the market for Coil Winders, Tapers, and Finishers in New York indicates a stable, near-national average concentration of these roles. While not exceptionally concentrated, the consistent presence suggests ongoing demand within the state's manufacturing landscape, supporting a steady job market for qualified professionals.
Salary Overview
The average Coil Winders, Tapers, and Finishers in New York earns+11.9%above the national average.
$26.3
$1,052
$4,558
Coil Winders, Tapers, and Finishers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Coil Winders, Tapers, and Finishers in New York have experienced growth over the past four years, mirroring general economic trends and inflation. Increased demand for manufactured goods and a competitive labor market likely contribute to upward pressure on wages, ensuring that compensation keeps pace with the evolving economic environment.
Coil Winders, Tapers, and Finishers Salary Distribution in New York
Career progression for Coil Winders, Tapers, and Finishers typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or specialized roles, demanding greater precision and expertise, command higher salaries. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential as professionals develop their skills and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,570 | $17.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,025 | $19.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $52,150 | $25.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $68,375 | $32.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $78,830 | $37.9 |
Detailed Coil Winders, Tapers, and Finishers Market Analysis
Relocation Context
Nominal Salary
$54,700
Gross Pay
Real Wage (Purchasing Power)
$43,725
Adjusted for COL (125.1)
The average annual salary of $54,700 in New York must be considered alongside its Cost of Living Index of 125.1. This means that while the nominal salary is higher than the national average, the actual purchasing power is somewhat diminished due to the significantly higher cost of goods and services in the state. Prospective workers should factor in these increased living expenses when evaluating the true financial benefit of relocating.
Job Market Context
730
Total Jobs
0.076
Per 1K Jobs
0.97
Location Quotient
New York has 0.97x 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 0.97 suggests that the concentration of Coil Winders, Tapers, and Finishers in New York is very close to the national average. This indicates a balanced job market where the supply of these specialized workers aligns reasonably well with the demand from local industries. It implies a competitive but accessible market, without an oversupply or significant shortage of talent.
Nearby Job Markets
Nearby Cities for Coil Winders, Tapers, and Finishers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Coil Winders, Tapers, and Finishers Salary | $36,010↓ 34% | 49 mi |
| Utica-Rome, NY Coil Winders, Tapers, and Finishers Salary | $48,770↓ 11% | 66 mi |
| Albany-Schenectady-Troy, NY Coil Winders, Tapers, and Finishers Salary | $67,690↑ 24% | 68 mi |
Comparing salaries near New York
Hiring Coil Winders, Tapers, and Finisherss?
Frequently Asked Questions
How much does a Coil Winders, Tapers, and Finishers make in New York?
The median annual salary for a Coil Winders, Tapers, and Finishers in New York is $54,700. This typically ranges from $35,570 for entry-level positions to $78,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 11.9% higher than the national median of $48,880.
Is New York a lucrative place for Coil Winders, Tapers, and Finisherss?
Yes, but with caveats.New York offers a higher average salary for Coil Winders, Tapers, and Finishers compared to the national average. However, the significantly higher cost of living means that the real disposable income may not be as substantial as the nominal wage suggests.
Is New York a good place to live for Coil Winders, Tapers, and Finishers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($36,010) and Utica-Rome, NY.
What is the average salary for Coil Winders, Tapers, and Finishers in New York?
The average annual salary for Coil Winders, Tapers, and Finishers in New York is $54,700.
How does New York's salary compare to the national average?
The average salary in New York ($54,700) is higher than the national average ($48,880) for this profession.
What is the Cost of Living Index in New York?
New York has a Cost of Living Index of 125.1, which is 25.1% higher than the national average.
How concentrated is the job market for Coil Winders, Tapers, and Finishers in New York?
The job market concentration, indicated by a Location Quotient of 0.97, is very close to the national average, suggesting a stable and balanced market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the New York area with a job density of 0.076 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in New York