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Average Foundry Mold and Coremakers Salary in Waterloo-Cedar Falls, IA

The average salary for a Foundry Mold and Coremakers in Waterloo-Cedar Falls, IA is $45,570. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Waterloo-Cedar Falls, IA is a key hub for this profession, with a job concentration 4.37x higher than average.

Executive Summary

  • Average Salary: $45,570 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,070.
  • Outlook: The current demand for Foundry Mold and Coremakerss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Waterloo-Cedar Falls, IA economy.
2024 Market Data

Salary Overview

$45,570

The average Foundry Mold and Coremakers in Waterloo-Cedar Falls, IA earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$876

Monthly

$3,798

Foundry Mold and Coremakers Salary Distribution in Waterloo-Cedar Falls, IA

The earning potential for Foundry Mold and Coremakerss in Waterloo-Cedar Falls, IA 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 $39,940, while highly experienced professionals can command wages upwards of $54,070.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,940$19.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$34,178$16.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,600$22.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$56,963$27.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$54,070$26

Detailed Foundry Mold and Coremakers Market Analysis

Relocation Context

Nominal Salary

$45,570

Gross Pay

Real Wage (Purchasing Power)

$45,570

Adjusted for COL (100)

In Waterloo-Cedar Falls, IA, the Cost of Living Index is 100. This increases your effective purchasing power from $45,570 to $45,570.

Job Market Context

30

Total Jobs

0.361

Per 1K Jobs

4.37

Location Quotient

Major Hub

Waterloo-Cedar Falls, IA has 4.4x 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.

30 people work as Foundry Mold and Coremakers in Waterloo-Cedar Falls, IA.

Only 0.361 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

Comparing salaries near Waterloo-Cedar Falls, IA

Hiring Foundry Mold and Coremakerss?

Frequently Asked Questions

How much does a Foundry Mold and Coremakers make in Waterloo-Cedar Falls, IA?

The median annual salary for a Foundry Mold and Coremakers in Waterloo-Cedar Falls, IA is $45,570. This typically ranges from $39,940 for entry-level positions to $54,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterloo-Cedar Falls, IA is 2.7% lower than the national median of $46,830.

Is Waterloo-Cedar Falls, IA a good place for Foundry Mold and Coremakerss?

Yes, Waterloo-Cedar Falls, IA is highly recommended due to strong job demand. While salaries are competitive ($45,570), the area is particularly notable for its high job density for Foundry Mold and Coremakerss. See distinct detailed breakdown below.

Is Waterloo-Cedar Falls, IA a good place to live for Foundry Mold and Coremakers?

The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterloo-Cedar Falls, IA?

Some top paying nearby cities include Southeast Iowa nonmetropolitan area ($47,310) and Southwest Iowa nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Waterloo-Cedar Falls, IA area with a job density of 0.361 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.