In Indianapolis-Carmel-Greenwood, IN, Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic earn an average annual salary of $44,410. This figure is slightly below the national average of $48,170, suggesting localized market dynamics and potentially lower demand or a different competitive landscape influence compensation in this region. The cost of living in Indianapolis aligns perfectly with the national average, meaning the purchasing power of this salary is standard.
Executive Summary
- Average Salary: $44,410 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,780.
- Outlook: The local job market for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN, shows a moderate presence with a total local workforce of 310 individuals. The Location Quotient of 0.66 indicates that this occupation is less concentrated here than the national average, implying a potentially less saturated market but also possibly lower overall demand compared to other regions.
Salary Overview
The average Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN earns-7.8%below the national average.
$21.4
$854
$3,701
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for skilled manufacturing roles like Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic have experienced steady growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical for roles requiring specialized technical skills and operational expertise in the manufacturing sector.
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic typically involves moving from entry-level positions to more senior roles with increased responsibilities and expertise. As individuals gain experience, their salaries naturally increase, reflecting a higher level of proficiency and value to employers. The salary gaps between different experience levels, often seen across various percentiles, signify these opportunities for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,460 | $17.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,308 | $16 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $43,860 | $21.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $55,513 | $26.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $55,780 | $26.8 |
Detailed Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$44,410
Gross Pay
Real Wage (Purchasing Power)
$44,410
Adjusted for COL (100)
The average annual salary of $44,410 in Indianapolis-Carmel-Greenwood, IN, is positioned directly against a Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a standard level of purchasing power, neither significantly enhanced nor diminished by local living expenses. Individuals relocating to this area can expect their earnings to cover typical expenses without the added financial pressure of a high cost of living, but also without the benefit of a lower cost of living to stretch their income further.
Job Market Context
310
Total Jobs
0.282
Per 1K Jobs
0.66
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.66x the national average concentration of Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.66, the market for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN, is less concentrated than the national average. This suggests that while the occupation is present, it is not a dominant industry sector within the region, potentially leading to fewer job openings compared to more specialized areas. However, this lower concentration could also mean less competition for available positions.
Nearby Job Markets
Nearby Cities for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
Hiring Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastics?
Frequently Asked Questions
How much does a Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN is $44,410. This typically ranges from $36,460 for entry-level positions to $55,780 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 7.8% lower than the national median of $48,170.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastics?
No, it is not exceptionally lucrative compared to the national average.The average salary of $44,410 is below the national average of $48,170, and the location quotient of 0.66 indicates lower concentration, suggesting less robust demand or competitive pay.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Extruding and Drawing 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 ($48,340) and Southern Indiana nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN is $44,410, which is lower than the national average of $48,170.
What is the concentration of this job in Indianapolis?
The concentration, measured by the Location Quotient, is 0.66, indicating that this occupation is less prevalent in Indianapolis-Carmel-Greenwood, IN compared to the national average.
How does the cost of living affect the salary in Indianapolis?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100, which is the national average. This means the $44,410 salary has standard purchasing power locally.
What does the total local workforce number mean for this role?
A total local workforce of 310 for this specific role suggests a niche market within Indianapolis-Carmel-Greenwood, IN, with a limited number of professionals currently employed in this occupation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.282 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN