SalaryNode

Average Foundry Mold and Coremakers Salary in New York-Newark-Jersey City, NY-NJ

Yes, New York-Newark-Jersey City, NY-NJ is a highly lucrative market for Foundry Mold and Coremakerss. With an average annual salary of $58,010, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $58,010 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,600.
  • Outlook: The current demand for Foundry Mold and Coremakerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader New York-Newark-Jersey City, NY-NJ economy.
2024 Market Data

Salary Overview

$58,010

The average Foundry Mold and Coremakers in New York-Newark-Jersey City, NY-NJ earns+23.9%above the national average.

BreakdownBased on 40h/week
Hourly

$27.9

Weekly

$1,116

Monthly

$4,834

Foundry Mold and Coremakers Salary Distribution in New York-Newark-Jersey City, NY-NJ

The earning potential for Foundry Mold and Coremakerss in New York-Newark-Jersey City, NY-NJ varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $36,320, while highly experienced professionals can command wages upwards of $83,600.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,320$17.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$43,508$20.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$54,190$26.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$72,513$34.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$83,600$40.2

Detailed Foundry Mold and Coremakers Market Analysis

Relocation Context

Nominal Salary

$58,010

Gross Pay

Real Wage (Purchasing Power)

$58,010

Adjusted for COL (100)

In New York-Newark-Jersey City, NY-NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $58,010 to $58,010.

Job Market Context

60

Total Jobs

0.006

Per 1K Jobs

0.07

Location Quotient

Low Concentration

At 0.07x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Foundry Mold and Coremakers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Foundry Mold and Coremakers in New York-Newark-Jersey City, NY-NJ.

Only 0.006 out of every 1,000 local jobs are Foundry Mold and Coremakers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Foundry Mold and Coremakers

CitySalaryDist.
New Haven, CT Foundry Mold and Coremakers Salary$64,120 11%70 mi

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Foundry Mold and Coremakerss?

Frequently Asked Questions

How much does a Foundry Mold and Coremakers make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Foundry Mold and Coremakers in New York-Newark-Jersey City, NY-NJ is $58,010. This typically ranges from $36,320 for entry-level positions to $83,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 23.9% higher than the national median of $46,830.

Is New York-Newark-Jersey City, NY-NJ a good place for Foundry Mold and Coremakerss?

Yes, New York-Newark-Jersey City, NY-NJ is financially attractive for Foundry Mold and Coremakerss. The average salary of $58,010 exceeds the national average. See distinct detailed breakdown below.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Foundry Mold and Coremakers?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include New Haven, CT ($64,120) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.006 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.