Average Foundry Mold and Coremakers Salary in Missouri
Foundry Mold and Coremakers in Missouri earn an impressive average annual salary of $57,550, significantly surpassing the national average of $46,830. This elevated compensation is driven by a concentrated demand within the state, indicating a specialized need for these skilled professionals that commands a premium.
Executive Summary
- Average Salary: $57,550 per year.
- Growth Trend: Salaries have shifted 64.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,810.
- Outlook: Missouri boasts a robust job market for Foundry Mold and Coremakers, evidenced by a total local workforce of 610 individuals. The Location Quotient of 2.55 signifies a concentration of these roles nearly three times the national average, suggesting strong and sustained demand for this specialized trade within the state.
Salary Overview
The average Foundry Mold and Coremakers in Missouri earns+22.9%above the national average.
$27.7
$1,107
$4,796
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 Missouri have experienced consistent growth over the past four years, mirroring national trends of increasing wages for skilled trades. This upward trajectory is likely influenced by factors such as inflation, evolving manufacturing techniques, and a steady demand for their expertise.
Foundry Mold and Coremakers Salary Distribution in Missouri
Career progression for Foundry Mold and Coremakers in Missouri typically involves a significant salary increase 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, with percentile gaps clearly indicating substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $49,170 | $23.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,163 | $20.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,300 | $28.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $71,938 | $34.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,810 | $28.8 |
Detailed Foundry Mold and Coremakers Market Analysis
Relocation Context
Nominal Salary
$57,550
Gross Pay
Real Wage (Purchasing Power)
$65,102
Adjusted for COL (88.4)
The nominal average annual salary of $57,550 in Missouri presents a compelling financial advantage when considered against the local Cost of Living Index of 88.4. This index is notably below the national average of 100, meaning that the purchasing power of a Foundry Mold and Coremaker's salary in Missouri is considerably higher, allowing for a greater disposable income and improved quality of life.
Job Market Context
610
Total Jobs
0.211
Per 1K Jobs
2.55
Location Quotient
Missouri has 2.5x the national concentration of Foundry Mold and Coremakers 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 2.55, Missouri exhibits a highly concentrated market for Foundry Mold and Coremakers, indicating that these roles are significantly more prevalent than the national average. This suggests a competitive landscape for employers seeking talent, while also presenting ample opportunities for skilled workers already established or looking to relocate to the state.
Nearby Job Markets
Hiring Foundry Mold and Coremakerss?
Frequently Asked Questions
How much does a Foundry Mold and Coremakers make in Missouri?
The median annual salary for a Foundry Mold and Coremakers in Missouri is $57,550. This typically ranges from $49,170 for entry-level positions to $59,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Missouri is 22.9% higher than the national median of $46,830.
Is Missouri a lucrative place for Foundry Mold and Coremakerss?
Yes, Missouri offers a lucrative environment for Foundry Mold and Coremakers.The average salary of $57,550 is substantially higher than the national average, and the cost of living is below the national average, enhancing earning potential.
Is Missouri a good place to live for Foundry Mold and Coremakers?
With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.
How does the concentration of Foundry Mold and Coremakers in Missouri compare to the national average?
Missouri has a concentration (Location Quotient) of 2.55, meaning there are over two and a half times more Foundry Mold and Coremakers per worker than the national average, indicating a specialized and robust local industry.
What is the average number of Foundry Mold and Coremakers jobs per 1,000 workers in Missouri?
In Missouri, there are approximately 0.211 jobs per 1,000 workers for Foundry Mold and Coremakers, reflecting the specialized nature of this occupation within the state's workforce.
How does the cost of living in Missouri affect the salary of a Foundry Mold and Coremaker?
The cost of living in Missouri is 11.6% lower than the national average (index of 88.4 vs. 100), meaning the $57,550 average salary provides a higher effective purchasing power compared to areas with a higher cost of living.
What does the local workforce size of 610 imply for Foundry Mold and Coremakers in Missouri?
A local workforce of 610 indicates a significant, established presence of Foundry Mold and Coremakers in Missouri, suggesting a stable demand and a community of professionals 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 610 employees in the Missouri area with a job density of 0.211 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 Missouri