Average Foundry Mold and Coremakers Salary in Oregon
Foundry Mold and Coremakers in Oregon earn an impressive average annual salary of $62,000, significantly outpacing the national average of $46,830. This substantial difference is largely attributed to Oregon's specialized industrial demands and potentially higher operational costs, which necessitate competitive compensation to attract and retain skilled professionals in this niche manufacturing sector.
Executive Summary
- Average Salary: $62,000 per year.
- Growth Trend: Salaries have shifted 23.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,180.
- Outlook: With a local workforce of 250 individuals and a Location Quotient of 1.56, Oregon demonstrates a notable concentration of Foundry Mold and Coremaker roles relative to the national average. This suggests a robust and potentially growing demand for these specialized skills within the state, indicating a healthy job market for experienced professionals in this field.
Salary Overview
The average Foundry Mold and Coremakers in Oregon earns+32.4%above the national average.
$29.8
$1,192
$5,167
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 Oregon have experienced steady growth over the past four years, mirroring national trends in manufacturing wages. Factors such as inflation, increased demand for manufactured goods, and evolving industry standards likely contribute to this upward salary trajectory.
Foundry Mold and Coremakers Salary Distribution in Oregon
Career progression for Foundry Mold and Coremakers in Oregon typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior mold and coremakers, possessing extensive expertise and potentially supervisory responsibilities, can command salaries well above the average. The percentile gaps in salary distribution clearly signify the substantial rewards associated with advancing through the ranks in this trade.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $48,090 | $23.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,500 | $22.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $65,020 | $31.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,500 | $37.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $77,180 | $37.1 |
Detailed Foundry Mold and Coremakers Market Analysis
Relocation Context
Nominal Salary
$62,000
Gross Pay
Real Wage (Purchasing Power)
$53,866
Adjusted for COL (115.1)
The average annual salary of $62,000 in Oregon presents a mixed financial picture when considering the local Cost of Living Index of 115.1. While the nominal salary is considerably higher than the national average, the 15.1% above-average cost of living means that purchasing power may not be as significantly enhanced as the raw salary figure suggests. Careful budgeting is advised for those relocating.
Job Market Context
250
Total Jobs
0.128
Per 1K Jobs
1.56
Location Quotient
Oregon has 1.6x 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.
Oregon's Location Quotient of 1.56 indicates that Foundry Mold and Coremaker positions are 56% more concentrated in the state than the national average. This suggests a specialized and potentially competitive market where employers may need to offer attractive compensation and benefits to secure talent, while also implying a good availability of relevant job opportunities for skilled individuals.
Nearby Job Markets
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Frequently Asked Questions
How much does a Foundry Mold and Coremakers make in Oregon?
The median annual salary for a Foundry Mold and Coremakers in Oregon is $62,000. This typically ranges from $48,090 for entry-level positions to $77,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oregon is 32.4% higher than the national median of $46,830.
Is Oregon a lucrative place for Foundry Mold and Coremakers?
Yes, Oregon is a lucrative place for Foundry Mold and Coremakers.The average salary of $62,000 significantly exceeds the national average, and the high concentration of these roles (LQ 1.56) indicates strong local demand.
Is Oregon a good place to live for Foundry Mold and Coremakers?
The Cost of Living Index in Oregon is 115.1. While higher than average, this often correlates with higher wages.
How does Oregon's salary compare to the national average for this role?
Foundry Mold and Coremakers in Oregon earn an average of $62,000 annually, which is considerably higher than the national average of $46,830.
What is the concentration of Foundry Mold and Coremakers in Oregon?
Oregon has a Location Quotient of 1.56 for this profession, meaning the jobs are 56% more concentrated in Oregon than the national average, indicating a specialized market.
How does the cost of living in Oregon affect the salary?
With a Cost of Living Index of 115.1, Oregon is more expensive than the national average. This means the higher salary of $62,000 may have slightly less purchasing power than it appears.
What does the size of the local workforce suggest about job opportunities?
A local workforce of 250 indicates a defined but not overly saturated market, suggesting stable opportunities for skilled Foundry Mold and Coremakers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Oregon area with a job density of 0.128 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 Oregon