Average Machinists Salary in Lexington-Fayette, KY
Machinists in Lexington-Fayette, KY, earn an average annual salary of $57,310, which is slightly above the national average of $57,000. This marginal difference suggests that local economic factors and industry demand in the Lexington-Fayette area are closely aligned with national trends, resulting in competitive compensation for skilled trades.
Executive Summary
- Average Salary: $57,310 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,370.
- Outlook: The machinist job market in Lexington-Fayette, KY, is characterized by a local workforce of 330 professionals. With a Location Quotient of 0.6, the concentration of machinists is below the national average, indicating a potentially less saturated but still present demand for these specialized skills within the region's industrial landscape.
Salary Overview
The average Machinists in Lexington-Fayette, KY earns+0.5%above the national average.
$27.6
$1,102
$4,776
Machinists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for machinists in Lexington-Fayette, KY, have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by ongoing industrial activity, technological advancements requiring skilled labor, and a consistent demand for precision manufacturing.
Machinists Salary Distribution in Lexington-Fayette, KY
The career trajectory for machinists in Lexington-Fayette, KY, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, while senior machinists with specialized skills and extensive experience can command salaries well into the higher percentiles, reflecting their expertise and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $44,030 | $21.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,983 | $20.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,910 | $27.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $71,638 | $34.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,370 | $36.2 |
Detailed Machinists Market Analysis
Relocation Context
Nominal Salary
$57,310
Gross Pay
Real Wage (Purchasing Power)
$57,310
Adjusted for COL (100)
With an average annual salary of $57,310 and a Cost of Living Index of 100, machinists in Lexington-Fayette, KY, find their earnings directly commensurate with the national average cost of living. This means that the purchasing power of their salary in Lexington-Fayette is equivalent to the national average, offering a stable financial environment.
Job Market Context
330
Total Jobs
1.167
Per 1K Jobs
0.6
Location Quotient
Lexington-Fayette, KY 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 for machinists in Lexington-Fayette, KY, indicates that the profession is less concentrated here compared to the national average. This suggests that while the demand exists, the market is not oversaturated, potentially offering good opportunities for skilled machinists seeking employment without facing intense competition.
Nearby Job Markets
Nearby Cities for Machinists
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Machinists Salary | $47,470↓ 17% | 28 mi |
| South Central Kentucky nonmetropolitan area Machinists Salary | $54,660↓ 5% | 28 mi |
| West Kentucky nonmetropolitan area Machinists Salary | $51,330↓ 10% | 28 mi |
| East Kentucky nonmetropolitan area Machinists Salary | $51,830↓ 10% | 28 mi |
| Louisville/Jefferson County, KY-IN Machinists Salary | $57,980↑ 1% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Machinistss?
Frequently Asked Questions
How much does a Machinists make in Lexington-Fayette, KY?
The median annual salary for a Machinists in Lexington-Fayette, KY is $57,310. This typically ranges from $44,030 for entry-level positions to $75,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 0.5% higher than the national median of $57,000.
Is Lexington-Fayette, KY a lucrative place for Machinists?
Yes, it offers competitive compensation.Machinists in Lexington-Fayette, KY, earn an average of $57,310, aligning closely with the national average. Coupled with a cost of living index of 100, this makes the area financially comparable to the national standard for this profession.
Is Lexington-Fayette, KY a good place to live for Machinists?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($47,470) and South Central Kentucky nonmetropolitan area.
How does the machinist job market compare nationally?
The machinist job market in Lexington-Fayette, KY, has a lower concentration (LQ of 0.6) than the national average, suggesting fewer machinists per capita locally compared to the rest of the country.
What is the average number of machinists per 1,000 workers in Lexington-Fayette, KY?
There are approximately 1.167 machinists per 1,000 workers in Lexington-Fayette, KY, reflecting the local density of this skilled trade.
Does the cost of living affect machinist salaries in Lexington-Fayette, KY?
The cost of living in Lexington-Fayette, KY, is exactly at the national average (100), meaning the machinist salary of $57,310 has purchasing power equivalent to the national average.
What does a Location Quotient of 0.6 mean for machinists in Lexington-Fayette, KY?
A Location Quotient of 0.6 signifies that machinists are less prevalent in Lexington-Fayette, KY, than the national average, potentially indicating a market with moderate demand and less competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Lexington-Fayette, KY area with a job density of 1.167 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Machinists • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY