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Average Foundry Mold and Coremakers Salary in Ohio

Foundry Mold and Coremakers in Ohio earn an average annual salary of $47,930, surpassing the national average of $46,830. This favorable pay differential is often influenced by the state's industrial landscape and specific regional economic factors that drive demand for skilled labor in this specialized manufacturing sector.

Executive Summary

  • Average Salary: $47,930 per year.
  • Growth Trend: Salaries have shifted 35.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,070.
  • Outlook: With a dedicated local workforce of 1,100 individuals and a robust Location Quotient of 2.41, Ohio demonstrates a significant concentration of Foundry Mold and Coremakers. This indicates a strong and established presence of this occupation within the state, suggesting consistent demand and a stable job market for professionals in this field.
2024 Market Data

Salary Overview

$47,930

The average Foundry Mold and Coremakers in Ohio earns+2.3%above the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$922

Monthly

$3,994

Foundry Mold and Coremakers Salary Distribution in Ohio

Career progression for Foundry Mold and Coremakers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior mold and coremakers, with their specialized knowledge and proven track record, command higher salaries. The percentile gaps in earnings signify the distinct career trajectory and earning potential available as one advances in this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,290$17.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,948$17.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,890$22.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$59,913$28.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$62,070$29.8

Detailed Foundry Mold and Coremakers Market Analysis

Relocation Context

Nominal Salary

$47,930

Gross Pay

Real Wage (Purchasing Power)

$52,786

Adjusted for COL (90.8)

The average annual salary of $47,930 in Ohio presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 90.8, which is below the national average of 100. This means that the nominal salary earned by Foundry Mold and Coremakers in Ohio can translate into a higher real income, allowing for a better standard of living compared to areas with a higher cost of living.

Job Market Context

1,100

Total Jobs

0.198

Per 1K Jobs

2.41

Location Quotient

Major Hub

Ohio has 2.4x 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.

Ohio's Location Quotient of 2.41 for Foundry Mold and Coremakers signifies a market that is more than twice as concentrated as the national average. This high concentration suggests a specialized and potentially competitive job market where employers actively seek out experienced talent, and skilled workers may find a greater number of opportunities relative to the general workforce.

Nearby Job Markets

Hiring Foundry Mold and Coremakerss?

Frequently Asked Questions

How much does a Foundry Mold and Coremakers make in Ohio?

The median annual salary for a Foundry Mold and Coremakers in Ohio is $47,930. This typically ranges from $36,290 for entry-level positions to $62,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ohio is 2.3% higher than the national median of $46,830.

Is Ohio a lucrative place for Foundry Mold and Coremakerss?

Yes, Ohio offers a lucrative environment for Foundry Mold and Coremakers.The average salary exceeds the national average, and the significantly lower cost of living enhances the real value of these earnings.

Is Ohio a good place to live for Foundry Mold and Coremakers?

With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.

How does the number of workers in Ohio compare nationally?

With 1,100 Foundry Mold and Coremakers, Ohio has a substantial local workforce, and the Location Quotient of 2.41 indicates a higher concentration of these jobs relative to the national average.

What does a Location Quotient of 2.41 mean for job seekers?

A Location Quotient of 2.41 suggests that Ohio has a disproportionately high number of Foundry Mold and Coremaker jobs compared to the national average, indicating strong local demand and potentially more career opportunities.

How does the cost of living affect the salary in Ohio?

With a Cost of Living Index of 90.8, Ohio is more affordable than the national average. This means the $47,930 salary provides greater purchasing power for residents.

What is the job density for Foundry Mold and Coremakers in Ohio?

There are approximately 0.198 Foundry Mold and Coremaker jobs per 1,000 workers in Ohio, reflecting the specialized nature of this occupation within the state's economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,100 employees in the Ohio area with a job density of 0.198 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Foundry Mold and Coremakers • Data source: BLS OEWS 2024 •Jobs in Ohio