Average Coil Winders, Tapers, and Finishers Salary in New York-Newark-Jersey City, NY-NJ
Coil Winders, Tapers, and Finishers in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an average annual salary of $49,710. This figure is slightly above the national average of $48,880, suggesting that the unique economic landscape and demand within this specific region contribute to a marginally higher compensation for these skilled roles. The concentration of industries requiring specialized winding and finishing processes likely influences this pay differential.
Executive Summary
- Average Salary: $49,710 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,200.
- Outlook: The local workforce for Coil Winders, Tapers, and Finishers in the New York-Newark-Jersey City area comprises approximately 350 individuals. With a Location Quotient of 0.47, the concentration of these roles is below the national average, indicating a less saturated market relative to other occupations nationally. While the absolute number of workers is modest, the below-average concentration suggests potential opportunities for skilled professionals seeking employment in this specialized field within the region.
Salary Overview
The average Coil Winders, Tapers, and Finishers in New York-Newark-Jersey City, NY-NJ earns+1.7%above the national average.
$23.9
$956
$4,143
Coil Winders, Tapers, and Finishers Salary Trends (2020-2024)
While specific historical data for Coil Winders, Tapers, and Finishers in the New York-Newark-Jersey City area over the past four years is not provided, it is reasonable to assume a general upward trend in salaries, mirroring broader economic patterns. Factors such as inflation, increased demand for manufactured goods, and evolving industry standards typically drive salary growth for specialized manufacturing roles over time. This suggests that compensation for these positions has likely seen incremental increases, reflecting their ongoing importance in the regional economy.
Coil Winders, Tapers, and Finishers Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for Coil Winders, Tapers, and Finishers typically correlates with experience and skill specialization. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and expertise in complex winding techniques or quality control can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile and beyond, clearly signify this career trajectory, rewarding accumulated knowledge and proficiency in the craft.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,470 | $15.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,283 | $17.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,420 | $22.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,138 | $29.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $71,200 | $34.2 |
Detailed Coil Winders, Tapers, and Finishers Market Analysis
Relocation Context
Nominal Salary
$49,710
Gross Pay
Real Wage (Purchasing Power)
$49,710
Adjusted for COL (100)
The nominal average annual salary of $49,710 in the New York-Newark-Jersey City, NY-NJ area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is slightly higher than the national average, the cost of living is also at par with the national benchmark. Therefore, the increased earnings effectively maintain purchasing power, offering no significant advantage or disadvantage in terms of real income compared to the national average.
Job Market Context
350
Total Jobs
0.037
Per 1K Jobs
0.47
Location Quotient
At 0.47x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Coil Winders, Tapers, and Finishers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient (LQ) of 0.47 for Coil Winders, Tapers, and Finishers in the New York-Newark-Jersey City, NY-NJ area indicates that this occupation is less concentrated in this region compared to the national average. An LQ below 1.0 suggests that the job market for these specific roles is not as robust or abundant as it is nationally. This could imply fewer job openings relative to the number of workers, potentially leading to a more competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Coil Winders, Tapers, and Finishers
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Coil Winders, Tapers, and Finishers Salary | $46,600↓ 6% | 70 mi |
| Waterbury-Shelton, CT Coil Winders, Tapers, and Finishers Salary | $40,350↓ 19% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Coil Winders, Tapers, and Finisherss?
Frequently Asked Questions
How much does a Coil Winders, Tapers, and Finishers make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Coil Winders, Tapers, and Finishers in New York-Newark-Jersey City, NY-NJ is $49,710. This typically ranges from $31,470 for entry-level positions to $71,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 1.7% higher than the national median of $48,880.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Coil Winders, Tapers, and Finishers?
Moderately. The average salary is slightly above the national average, but the cost of living is also at the national average.While the average salary of $49,710 is marginally higher than the national average, the cost of living in the New York-Newark-Jersey City, NY-NJ area is exactly at the national average. This means the increased pay does not translate to significantly greater purchasing power.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Coil Winders, Tapers, and Finishers?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include New Haven, CT ($46,600) and Waterbury-Shelton, CT.
What is the average salary for Coil Winders, Tapers, and Finishers in New York-Newark-Jersey City, NY-NJ?
The average annual salary for Coil Winders, Tapers, and Finishers in the New York-Newark-Jersey City, NY-NJ metropolitan area is $49,710.
How does the New York-Newark-Jersey City, NY-NJ salary compare to the national average?
The average salary of $49,710 in New York-Newark-Jersey City, NY-NJ is slightly higher than the national average of $48,880.
What is the Cost of Living Index in New York-Newark-Jersey City, NY-NJ?
The Cost of Living Index for New York-Newark-Jersey City, NY-NJ is 100, which is the same as the national average.
How concentrated are Coil Winder jobs in this region compared to the nation?
The concentration of Coil Winder, Taper, and Finisher jobs in New York-Newark-Jersey City, NY-NJ is below the national average, with a Location Quotient of 0.47.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.037 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Coil Winders, Tapers, and Finishers Salaries by State
Top Jobs in New York-Newark-Jersey City, NY-NJ
- All Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Office and Administrative Support Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Healthcare Support Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Sales and Related Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Business and Financial Operations Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Transportation and Material Moving Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Food Preparation and Serving Related Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Management Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Educational Instruction and Library Occupations Salary in New York-Newark-Jersey City, NY-NJ
- Home Health and Personal Care Aides Salary in New York-Newark-Jersey City, NY-NJ
- Browse All Jobs in New York-Newark-Jersey City, NY-NJ →
Semantic Salary Analysis for Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ