In the Indianapolis-Carmel-Greenwood, IN area, Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders earn an average annual salary of $47,160. This figure is slightly above the national average of $47,040, indicating a stable, albeit not significantly higher, compensation landscape for this role locally. Local economic factors and industry demand within the region contribute to this pay scale.
Executive Summary
- Average Salary: $47,160 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,070.
- Outlook: With a local workforce of 320 individuals in this specific occupation, the Indianapolis-Carmel-Greenwood area demonstrates a moderate presence of Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders. The Location Quotient of 0.79 suggests that this role is slightly less concentrated here compared to the national average, implying a steady but not exceptionally high demand for these professionals.
Salary Overview
The average Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Indianapolis-Carmel-Greenwood, IN earns+0.3%above the national average.
$22.7
$907
$3,930
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Salary Trends (2020-2024)
While specific historical data for this niche role in Indianapolis is not provided, it is reasonable to assume that salaries for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders have seen gradual growth over the past four years, mirroring general economic trends and inflation adjustments seen across many manufacturing and industrial sectors.
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders typically involves moving from entry-level positions to more senior or specialized roles. As experience increases, individuals can expect their salaries to rise, with significant percentile gaps between junior and senior operators reflecting the acquisition of advanced skills, operational knowledge, and supervisory responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,710 | $17.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,370 | $17 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,420 | $21.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $58,950 | $28.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $73,070 | $35.1 |
Detailed Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Market Analysis
Relocation Context
Nominal Salary
$47,160
Gross Pay
Real Wage (Purchasing Power)
$47,160
Adjusted for COL (100)
The nominal average annual salary of $47,160 in Indianapolis-Carmel-Greenwood, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial environment for residents without the added pressure of a higher cost of living.
Job Market Context
320
Total Jobs
0.294
Per 1K Jobs
0.79
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.79x the national average concentration of Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.79 for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Indianapolis-Carmel-Greenwood, IN, indicates that this occupation is present but not a dominant industry sector within the region when compared to national concentrations. This suggests a balanced job market where opportunities exist, but the competition might be less intense than in areas with a higher LQ.
Nearby Job Markets
Nearby Cities for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
Hiring Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenderss?
Frequently Asked Questions
How much does a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders in Indianapolis-Carmel-Greenwood, IN is $47,160. This typically ranges from $36,710 for entry-level positions to $73,070 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 0.3% higher than the national median of $47,040.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenderss?
Yes, it offers a salary on par with the national average in a cost-of-living environment that matches the national average.The average salary of $47,160 is slightly above the national average, and with a Cost of Living Index of 100, your earnings will have equivalent purchasing power to the national average.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders?
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 ($48,420) and Southern Indiana nonmetropolitan area.
How does the local workforce size affect job availability?
A local workforce of 320 suggests a stable, established presence of this role, indicating consistent opportunities for those with the necessary skills.
What does a Location Quotient of 0.79 mean for job seekers?
A Location Quotient below 1.0 means the occupation is less concentrated locally than nationally, which can imply a less saturated job market and potentially more room for negotiation.
How does experience impact salary for this role in Indianapolis?
As with most technical roles, increased experience and specialized skills will lead to higher earning potential, moving beyond the average salary towards senior-level compensation.
Is the Indianapolis-Carmel-Greenwood area experiencing growth in this sector?
While specific growth data isn't provided, the stable average salary and moderate workforce suggest a consistent demand rather than rapid expansion or decline.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.294 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders Salaries by State
Top Jobs in Indianapolis-Carmel-Greenwood, IN
- All Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Transportation and Material Moving Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Office and Administrative Support Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Sales and Related Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Food Preparation and Serving Related Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Healthcare Practitioners and Technical Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Production Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Business and Financial Operations Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Management Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Educational Instruction and Library Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Browse All Jobs in Indianapolis-Carmel-Greenwood, IN →
Semantic Salary Analysis for Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN