Average Machinists Salary in Elkhart-Goshen, IN
Machinists in Elkhart-Goshen, Indiana, can expect an average annual salary of $50,380. This figure is notably below the national average of $57,000, suggesting that local market dynamics and industry concentration play a significant role in compensation within this region. Factors such as the specific manufacturing sectors prevalent in Elkhart-Goshen and the overall demand for skilled trades contribute to this localized pay scale.
Executive Summary
- Average Salary: $50,380 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,410.
- Outlook: The Elkhart-Goshen area demonstrates a robust demand for machinists, evidenced by a substantial local workforce of 820 professionals. With 6.356 jobs per 1,000 workers, the concentration significantly exceeds the national average, indicating a strong and active job market for this skilled trade within the region.
Salary Overview
The average Machinists in Elkhart-Goshen, IN earns-11.6%below the national average.
$24.2
$969
$4,198
Machinists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for machinists in Elkhart-Goshen have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing demand for precision manufacturing, advancements in machining technology, and the ongoing need for skilled labor to operate and maintain sophisticated equipment.
Machinists Salary Distribution in Elkhart-Goshen, IN
The career trajectory for machinists in Elkhart-Goshen offers significant earning potential as experience increases. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The widening salary gap between junior and senior roles reflects the value placed on expertise, problem-solving abilities, and proficiency with advanced machining techniques.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,000 | $18.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,785 | $18.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,280 | $23.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,975 | $30.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $63,410 | $30.5 |
Detailed Machinists Market Analysis
Relocation Context
Nominal Salary
$50,380
Gross Pay
Real Wage (Purchasing Power)
$50,380
Adjusted for COL (100)
The average annual salary of $50,380 for machinists in Elkhart-Goshen aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a machinist's income in this area is comparable to the national standard, offering a stable financial environment without the added pressure of significantly higher or lower living expenses.
Job Market Context
820
Total Jobs
6.356
Per 1K Jobs
3.28
Location Quotient
Elkhart-Goshen, IN has 3.3x the national concentration of Machinists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Elkhart-Goshen boasts a highly concentrated market for machinists, with a Location Quotient of 3.28, significantly surpassing the national average. This indicates that machinists are disproportionately represented in the local workforce compared to the rest of the country, suggesting a specialized industrial base that relies heavily on these skilled professionals.
Nearby Job Markets
Nearby Cities for Machinists
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Machinists Salary | $50,910↑ 1% | 16 mi |
| Niles, MI Machinists Salary | $50,140↓ 0% | 18 mi |
| Kalamazoo-Portage, MI Machinists Salary | $52,830↑ 5% | 45 mi |
| Michigan City-La Porte, IN Machinists Salary | $49,760↓ 1% | 47 mi |
| Battle Creek, MI Machinists Salary | $51,220↑ 2% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
Hiring Machinistss?
Frequently Asked Questions
How much does a Machinists make in Elkhart-Goshen, IN?
The median annual salary for a Machinists in Elkhart-Goshen, IN is $50,380. This typically ranges from $39,000 for entry-level positions to $63,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 11.6% lower than the national median of $57,000.
Is Elkhart-Goshen, IN a lucrative place for Machinists?
No, not significantly more lucrative than the national average.While the cost of living is average, the machinist salary in Elkhart-Goshen is below the national average. However, the high concentration of jobs suggests strong local demand.
Is Elkhart-Goshen, IN a good place to live for Machinists?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($50,910) and Niles, MI.
How does the Elkhart-Goshen machinist salary compare to the national average?
The average annual salary for machinists in Elkhart-Goshen is $50,380, which is lower than the national average of $57,000.
What is the concentration of machinists in Elkhart-Goshen?
Elkhart-Goshen has a high concentration of machinists, with a Location Quotient of 3.28, meaning there are over three times the national average number of machinists relative to the overall workforce.
How does the cost of living in Elkhart-Goshen affect machinist salaries?
The cost of living in Elkhart-Goshen is exactly at the national average (100), meaning the $50,380 salary has average purchasing power compared to other regions.
What does the job market look like for machinists in Elkhart-Goshen?
The job market is robust, with 6.356 jobs per 1,000 workers and a total local workforce of 820, indicating significant demand and a specialized industry presence.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Elkhart-Goshen, IN area with a job density of 6.356 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Machinists Salaries by State
Top Jobs in Elkhart-Goshen, IN
- All Occupations Salary in Elkhart-Goshen, IN
- Production Occupations Salary in Elkhart-Goshen, IN
- Miscellaneous Assemblers and Fabricators Salary in Elkhart-Goshen, IN
- Office and Administrative Support Occupations Salary in Elkhart-Goshen, IN
- Transportation and Material Moving Occupations Salary in Elkhart-Goshen, IN
- Sales and Related Occupations Salary in Elkhart-Goshen, IN
- Food Preparation and Serving Related Occupations Salary in Elkhart-Goshen, IN
- Installation, Maintenance, and Repair Occupations Salary in Elkhart-Goshen, IN
- Management Occupations Salary in Elkhart-Goshen, IN
- Construction and Extraction Occupations Salary in Elkhart-Goshen, IN
- Browse All Jobs in Elkhart-Goshen, IN →
Semantic Salary Analysis for Machinists • Data source: BLS OEWS 2024 •Jobs in Elkhart-Goshen, IN