Average Foundry Mold and Coremakers Salary in U.S.
Foundry Mold and Coremakers in U.S. earn an average annual salary of $46,830. This figure precisely matches the national average, indicating that compensation in this region is aligned with broader industry standards. Factors such as the local economic landscape and the specific demands of the manufacturing sector in U.S. likely contribute to this equilibrium.
Executive Summary
- Average Salary: $46,830 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,130.
- Outlook: With a local workforce of 12,680 Foundry Mold and Coremakers, the U.S. presents a substantial base for this skilled trade. While a specific Location Quotient is not provided, the significant workforce size suggests a stable, albeit not necessarily rapidly expanding, demand for these professionals within the region's industrial framework.
Salary Overview
The average Foundry Mold and Coremakers in U.S. earns-0.0%below the national average.
$22.5
$901
$3,903
Foundry Mold and Coremakers Salary Trends (2020-2024)
Historically, salaries for skilled trades like Foundry Mold and Coremakers have shown a consistent upward trend over the past four years, driven by inflation, increasing demand for manufactured goods, and the need to attract and retain specialized talent. It is reasonable to assume that U.S. has mirrored this national trend, with professionals in this role experiencing gradual salary growth.
Foundry Mold and Coremakers Salary Distribution in U.S.
Salary progression for Foundry Mold and Coremakers in U.S. typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with years of specialized knowledge and demonstrated skill can command salaries in the higher percentiles. These percentile gaps reflect the value placed on expertise and the career advancement opportunities available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,220 | $17.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,123 | $16.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,690 | $22 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $58,538 | $28.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $61,130 | $29.4 |
Detailed Foundry Mold and Coremakers Market Analysis
Relocation Context
Nominal Salary
$46,830
Gross Pay
Real Wage (Purchasing Power)
$46,830
Adjusted for COL (100)
The average annual salary of $46,830 in U.S. aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Foundry Mold and Coremaker's salary in U.S. is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
12,680
Total Jobs
N/A
Per 1K Jobs
N/A
Location Quotient
The absence of a specific Location Quotient (LQ) makes it challenging to definitively assess the concentration of Foundry Mold and Coremakers in U.S. relative to the national average. However, the presence of a sizable workforce of 12,680 suggests a well-established presence, indicating a potentially competitive but accessible market for these skilled professionals.
Nearby Job Markets
Hiring Foundry Mold and Coremakerss?
Frequently Asked Questions
How much does a Foundry Mold and Coremakers make in U.S.?
The median annual salary for a Foundry Mold and Coremakers in U.S. is $46,830. This typically ranges from $36,220 for entry-level positions to $61,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in U.S. is 0.0% lower than the national median of $46,830.
Is U.S. a lucrative place for Foundry Mold and Coremakers?
No, U.S. offers average compensation for Foundry Mold and Coremakers.The average salary of $46,830 in U.S. is exactly the national average, and the cost of living is also at the national average. This indicates a balanced market rather than a lucrative one.
Is U.S. a good place to live for Foundry Mold and Coremakers?
The Cost of Living Index in U.S. is 100. While higher than average, this often correlates with higher wages.
What is the average salary for a Foundry Mold and Coremaker in U.S.?
The average annual salary for a Foundry Mold and Coremaker in U.S. is $46,830.
How does the U.S. salary compare to the national average?
The average salary in U.S. for this role is identical to the national average, suggesting comparable earning potential across the country.
What is the cost of living in U.S. relative to the national average?
The Cost of Living Index in U.S. is 100, which is exactly the national average, meaning the cost of goods and services is neither higher nor lower than the typical U.S. city.
How large is the Foundry Mold and Coremaker workforce in U.S.?
There are approximately 12,680 Foundry Mold and Coremakers employed in U.S., indicating a significant presence of this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,680 employees in the U.S. area with a job density of 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 U.S.