SalaryNode

Average Machinists Salary in Lakeland-Winter Haven, FL

Machinists in Lakeland-Winter Haven, FL, can expect an average annual salary of $51,260. This figure is notably below the national average of $57,000. Local economic factors and industry demand within the Lakeland-Winter Haven region likely contribute to this pay differential.

Executive Summary

  • Average Salary: $51,260 per year.
  • Growth Trend: Salaries have shifted 25.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $69,850.
  • Outlook: The machinist job market in Lakeland-Winter Haven, FL, is characterized by a modest workforce of approximately 300 professionals. With a Location Quotient of 0.6, the concentration of machinists is below the national average, suggesting a potentially less saturated but also less robust demand compared to national trends.
2024 Market Data

Salary Overview

$51,260

The average Machinists in Lakeland-Winter Haven, FL earns-10.1%below the national average.

BreakdownBased on 40h/week
Hourly

$24.7

Weekly

$986

Monthly

$4,272

Machinists Salary Distribution in Lakeland-Winter Haven, FL

Salary progression for machinists in Lakeland-Winter Haven, FL, typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior machinists with specialized skills and extensive experience can command significantly higher salaries, reflecting the increasing value and responsibility associated with advanced roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,680$18.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,445$18.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$47,210$22.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$64,075$30.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$69,850$33.6

Detailed Machinists Market Analysis

Relocation Context

Nominal Salary

$51,260

Gross Pay

Real Wage (Purchasing Power)

$51,260

Adjusted for COL (100)

The average annual salary of $51,260 in Lakeland-Winter Haven, FL, aligns precisely with the national average cost of living (index of 100). This means that while the nominal salary is lower than the national average, the purchasing power of that income locally is equivalent to the national standard, offering a stable financial environment.

Job Market Context

300

Total Jobs

1.157

Per 1K Jobs

0.6

Location Quotient

Below Average

Lakeland-Winter Haven, FL has 0.60x the national average concentration of Machinists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.6 indicates that machinists are less concentrated in Lakeland-Winter Haven, FL, than the national average. This suggests that while the profession is present, it may not be a dominant industry, potentially leading to fewer job openings but also less direct competition for available roles compared to more saturated markets.

Nearby Job Markets

Nearby Cities for Machinists

Comparing salaries near Lakeland-Winter Haven, FL

Hiring Machinistss?

Frequently Asked Questions

How much does a Machinists make in Lakeland-Winter Haven, FL?

The median annual salary for a Machinists in Lakeland-Winter Haven, FL is $51,260. This typically ranges from $37,680 for entry-level positions to $69,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lakeland-Winter Haven, FL is 10.1% lower than the national median of $57,000.

Is Lakeland-Winter Haven, FL a lucrative place for Machinists?

No, not particularly lucrative compared to national averages.The average salary of $51,260 is below the national average of $57,000. However, the cost of living is also at the national average, meaning purchasing power is maintained.

Is Lakeland-Winter Haven, FL a good place to live for Machinists?

The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lakeland-Winter Haven, FL?

Some top paying nearby cities include North Florida nonmetropolitan area ($52,290) and South Florida nonmetropolitan area.

How does the number of machinists in Lakeland-Winter Haven compare nationally?

With a total local workforce of 300 machinists, and 1.157 jobs per 1,000 workers, the presence of this profession is less concentrated than the national average, as indicated by the Location Quotient of 0.6.

What is the significance of the Location Quotient (LQ) for machinists in this area?

An LQ of 0.6 means that machinists are employed in Lakeland-Winter Haven, FL, at 60% of the national average rate. This suggests a lower concentration of these jobs relative to the overall workforce compared to the rest of the country.

Does the cost of living affect the machinist salary in Lakeland-Winter Haven?

The cost of living in Lakeland-Winter Haven, FL, is exactly at the national average (100). Therefore, the $51,260 salary offers purchasing power equivalent to the national average, despite being lower than the national salary benchmark.

What does the job market look like for machinists in Lakeland-Winter Haven?

The market is moderately present with a workforce of 300. The below-average Location Quotient suggests it's not a primary hub for machinists, implying a potentially stable but not rapidly expanding job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Lakeland-Winter Haven, FL area with a job density of 1.157 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.