In Elkhart-Goshen, IN, Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders earn an average annual salary of $43,740. This figure is slightly below the national average of $47,040, a difference often influenced by regional economic factors and the specific industrial landscape of the area. Local demand and the concentration of related industries play a significant role in shaping compensation within this specialized field.
Executive Summary
- Average Salary: $43,740 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,870.
- Outlook: The job market for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Elkhart-Goshen, IN, appears robust, with a total local workforce of 300 individuals in this role. The exceptionally high Location Quotient of 6.32 indicates a significant concentration of these jobs relative to the national average, suggesting strong local demand and a specialized industrial base that favors this profession.
Salary Overview
The average Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Elkhart-Goshen, IN earns-7.0%below the national average.
$21
$841
$3,645
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Salary Trends (2020-2024)
While specific historical data for this role in Elkhart-Goshen is not provided, it is generally assumed that salaries for skilled manufacturing positions like Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders have seen steady growth over the past four years. This trend is typically driven by inflation, increased demand for manufactured goods, and the ongoing need for skilled labor to operate and maintain complex machinery.
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Salary Distribution in Elkhart-Goshen, IN
Career progression for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,430 | $17 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $32,805 | $15.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $38,160 | $18.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $54,675 | $26.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $58,870 | $28.3 |
Detailed Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Market Analysis
Relocation Context
Nominal Salary
$43,740
Gross Pay
Real Wage (Purchasing Power)
$43,740
Adjusted for COL (100)
The average annual salary of $43,740 in Elkhart-Goshen, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is comparable to the national standard, making relocation financially neutral in terms of everyday expenses. While the nominal salary is slightly below the national average, the equivalent cost of living ensures that the real value of the income is maintained.
Job Market Context
300
Total Jobs
2.349
Per 1K Jobs
6.32
Location Quotient
Elkhart-Goshen, IN has 6.3x the national concentration of Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders 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 6.32, Elkhart-Goshen, IN, exhibits a highly concentrated market for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders. This indicates that the demand for these professionals is significantly higher in this region compared to the national average, suggesting a competitive environment for employers seeking talent and favorable opportunities for job seekers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders make in Elkhart-Goshen, IN?
The median annual salary for a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Elkhart-Goshen, IN is $43,740. This typically ranges from $35,430 for entry-level positions to $58,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 7.0% lower than the national median of $47,040.
Is Elkhart-Goshen, IN a lucrative place for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenderss?
Yes, it offers strong career concentration.While the average salary is slightly below the national average, the extremely high Location Quotient of 6.32 signifies a very strong local demand and concentration of these roles, indicating good career prospects.
Is Elkhart-Goshen, IN a good place to live for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
How does the local salary compare to the national average?
The average annual salary for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Elkhart-Goshen, IN is $43,740, which is slightly lower than the national average of $47,040.
What is the significance of the Location Quotient (LQ) in Elkhart-Goshen?
An LQ of 6.32 means that jobs for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders are over six times more concentrated in Elkhart-Goshen than the national average, indicating high local demand.
How does the cost of living affect the salary in Elkhart-Goshen?
The Cost of Living Index in Elkhart-Goshen is 100, matching the national average. This means the $43,740 salary has purchasing power equivalent to the national average, despite being nominally lower.
What is the total number of these machine setters, operators, and tenders in Elkhart-Goshen?
There are approximately 300 individuals employed in roles such as Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders within the Elkhart-Goshen, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Elkhart-Goshen, IN area with a job density of 2.349 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, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders • Data source: BLS OEWS 2024 •Jobs in Elkhart-Goshen, IN