SalaryNode

Average Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic Salary in Indianapolis-Carmel-Greenwood, IN

In the Indianapolis-Carmel-Greenwood, IN area, Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic professionals earn an average annual salary of $45,640. This figure is slightly below the national average of $47,060, suggesting localized market dynamics and potentially a different cost-of-living adjustment influencing compensation within this specific region.

Executive Summary

  • Average Salary: $45,640 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,680.
  • Outlook: The Indianapolis-Carmel-Greenwood, IN metropolitan area demonstrates a notable concentration of Metal and Plastic Machine Setters, Operators, and Tenders, with a Location Quotient of 1.52, indicating a workforce 52% more concentrated than the national average. With 1.714 jobs per 1,000 workers and a local workforce of 1,880 in this role, the demand appears robust and suggests a stable job market for these skilled professionals within the region.
2024 Market Data

Salary Overview

$45,640

The average Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN earns-3.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$878

Monthly

$3,803

Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Indianapolis-Carmel-Greenwood, IN

Salary progression for Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic is significantly influenced by experience and skill specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with expertise in complex machinery, quality control, and machine maintenance can command higher salaries. The percentile gaps in earnings clearly signify career progression opportunities, rewarding accumulated knowledge and operational proficiency.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,530$17.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$34,230$16.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$45,650$21.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$57,050$27.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$59,680$28.7

Detailed Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic Market Analysis

Relocation Context

Nominal Salary

$45,640

Gross Pay

Real Wage (Purchasing Power)

$45,640

Adjusted for COL (100)

The nominal average annual salary of $45,640 in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, making the $45,640 salary hold its value effectively within the region without significant strain or surplus compared to national standards.

Job Market Context

1,880

Total Jobs

1.714

Per 1K Jobs

1.52

Location Quotient

Major Hub

Indianapolis-Carmel-Greenwood, IN has 1.5x the national concentration of Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.52, the Indianapolis-Carmel-Greenwood, IN area exhibits a higher concentration of Metal and Plastic Machine Setters, Operators, and Tenders than the national average. This suggests a more competitive job market for employers seeking these specialized skills, potentially leading to more stable employment opportunities and a slightly stronger bargaining position for experienced workers in this sector within the region.

Nearby Job Markets

Frequently Asked Questions

How much does a Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN is $45,640. This typically ranges from $36,530 for entry-level positions to $59,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 3.0% lower than the national median of $47,060.

Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic?

Yes, it offers competitive opportunities.The area has a higher concentration of these jobs than the national average, indicating strong local demand. Coupled with a cost of living that matches the national average, the $45,640 salary provides equivalent purchasing power.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastics?

The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($44,860) and Southern Indiana nonmetropolitan area.

How does the local salary compare to the national average?

The average annual salary in Indianapolis-Carmel-Greenwood, IN is $45,640, which is slightly lower than the national average of $47,060.

What is the concentration of these jobs in Indianapolis-Carmel-Greenwood, IN?

The Location Quotient is 1.52, meaning this role is 52% more concentrated in this area compared to the national average, indicating a significant presence of these jobs.

How does the cost of living affect the salary in Indianapolis?

The Cost of Living Index is 100, which is the national average. This means the $45,640 salary has the same purchasing power as the national average salary.

What does the job market look like for these roles in Indianapolis?

The job market appears robust, with 1.714 jobs per 1,000 workers and a total local workforce of 1,880 in this occupation, suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,880 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 1.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.