Average Foundry Mold and Coremakers Salary in Georgia
Foundry Mold and Coremakers in Georgia earn an impressive average annual salary of $55,000, which is notably higher than the national average of $46,830. This elevated compensation in Georgia can be attributed to a combination of regional economic factors and the specific demands of the manufacturing sector within the state.
Executive Summary
- Average Salary: $55,000 per year.
- Growth Trend: Salaries have shifted 87.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,710.
- Outlook: With a local workforce of 330 Foundry Mold and Coremakers and a Location Quotient of 0.83, Georgia presents a stable, albeit slightly below-national-average concentration of these specialized roles. The number of jobs per 1,000 workers at 0.069 indicates a consistent, though not booming, demand for skilled professionals in this trade within the state.
Salary Overview
The average Foundry Mold and Coremakers in Georgia earns+17.4%above the national average.
$26.4
$1,058
$4,583
Foundry Mold and Coremakers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Foundry Mold and Coremakers in Georgia have experienced steady growth over the past four years, mirroring national trends in skilled trades. This growth is likely driven by inflation, increased demand for manufactured goods, and the ongoing need for experienced professionals in the foundry industry.
Foundry Mold and Coremakers Salary Distribution in Georgia
Salary progression for Foundry Mold and Coremakers in Georgia typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential available to those who advance in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $49,010 | $23.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,250 | $19.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $51,410 | $24.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $68,750 | $33.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $65,710 | $31.6 |
Detailed Foundry Mold and Coremakers Market Analysis
Relocation Context
Nominal Salary
$55,000
Gross Pay
Real Wage (Purchasing Power)
$61,659
Adjusted for COL (89.2)
The average annual salary of $55,000 in Georgia offers substantial purchasing power, especially when contrasted with the state's Cost of Living Index of 89.2, which is below the national average of 100. This means that the nominal salary translates into a higher real income, allowing for a better standard of living compared to more expensive regions.
Job Market Context
330
Total Jobs
0.069
Per 1K Jobs
0.83
Location Quotient
Georgia has 0.83x the national average concentration of Foundry Mold and Coremakers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.83 suggests that Georgia has a slightly lower concentration of Foundry Mold and Coremakers compared to the national average. This indicates that while the market is not saturated, there is a steady presence of these roles, implying a balanced environment for job seekers and employers alike, without extreme competition or scarcity.
Nearby Job Markets
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Frequently Asked Questions
How much does a Foundry Mold and Coremakers make in Georgia?
The median annual salary for a Foundry Mold and Coremakers in Georgia is $55,000. This typically ranges from $49,010 for entry-level positions to $65,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Georgia is 17.4% higher than the national median of $46,830.
Is Georgia a lucrative place for Foundry Mold and Coremakerss?
Yes, Georgia offers a lucrative environment for Foundry Mold and Coremakers.The average salary of $55,000 significantly surpasses the national average, and the lower cost of living further enhances the financial benefits for these professionals.
Is Georgia a good place to live for Foundry Mold and Coremakers?
With a Cost of Living Index of 89.2 (lower than the national average of 100), your salary goes further here.
How does Georgia's salary for Foundry Mold and Coremakers compare to the national average?
Foundry Mold and Coremakers in Georgia earn an average of $55,000 annually, which is approximately $8,170 more than the national average of $46,830.
What is the concentration of Foundry Mold and Coremakers in Georgia?
Georgia has a Location Quotient of 0.83 for this profession, indicating a slightly lower concentration of these jobs compared to the national average.
How does the cost of living in Georgia affect the salary for Foundry Mold and Coremakers?
With a Cost of Living Index of 89.2, Georgia is more affordable than the national average, making the $55,000 salary provide greater purchasing power for its residents.
What does the total local workforce size suggest about job opportunities?
A local workforce of 330 suggests a stable, established presence of Foundry Mold and Coremakers, indicating consistent, though not rapidly expanding, job opportunities within the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Georgia area with a job density of 0.069 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Foundry Mold and Coremakers • Data source: BLS OEWS 2024 •Jobs in Georgia