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Average Machinists Salary in Madison, WI

Machinists in Madison, WI, can expect an average annual salary of $56,560. This figure is slightly below the national average of $57,000, a common occurrence where local economic factors and industry demand subtly influence compensation. While close to the national benchmark, Madison's specific market dynamics play a role in this precise salary level.

Executive Summary

  • Average Salary: $56,560 per year.
  • Growth Trend: Salaries have shifted 46.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,030.
  • Outlook: Madison, WI, supports a local workforce of 680 machinists, with a location quotient of 0.86, indicating a slightly lower concentration of these roles compared to the national average. Despite this, the presence of nearly 1.7 jobs per 1,000 workers suggests a stable, albeit not hyper-concentrated, demand for skilled machinists within the region's industrial landscape.
2024 Market Data

Salary Overview

$56,560

The average Machinists in Madison, WI earns-0.8%below the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,088

Monthly

$4,713

Machinists Salary Distribution in Madison, WI

Salary progression for machinists in Madison, WI, typically scales with experience. Entry-level positions may start at a lower percentile, while senior machinists with specialized skills and extensive experience can command salaries significantly above the average. The variance between entry-level and senior roles highlights clear career progression pathways and the value placed on accumulated expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,050$17.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$42,420$20.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$54,370$26.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$70,700$34
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$79,030$38

Detailed Machinists Market Analysis

Relocation Context

Nominal Salary

$56,560

Gross Pay

Real Wage (Purchasing Power)

$56,560

Adjusted for COL (100)

With an average annual salary of $56,560 and a Cost of Living Index of 100, machinists in Madison, WI, find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Madison is equivalent to the national average, offering a stable financial environment without significant cost-of-living advantages or disadvantages.

Job Market Context

680

Total Jobs

1.676

Per 1K Jobs

0.86

Location Quotient

Below Average

Madison, WI has 0.86x 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.

The location quotient of 0.86 for machinists in Madison, WI, suggests that the profession is present but not disproportionately concentrated compared to the rest of the United States. This indicates a balanced job market where demand exists, but the supply of machinists is relatively in line with national proportions, implying a moderately competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Machinists

CitySalaryDist.
Janesville-Beloit, WI Machinists Salary$46,530↓ 18%33 mi
Rockford, IL Machinists Salary$53,180↓ 6%59 mi
Fond du Lac, WI Machinists Salary$54,630↓ 3%68 mi
Milwaukee-Waukesha, WI Machinists Salary$55,490↓ 2%72 mi
Oshkosh-Neenah, WI Machinists Salary$55,360↓ 2%77 mi

Comparing salaries near Madison, WI

Hiring Machinistss?

Frequently Asked Questions

How much does a Machinists make in Madison, WI?

The median annual salary for a Machinists in Madison, WI is $56,560. This typically ranges from $37,050 for entry-level positions to $79,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 0.8% lower than the national median of $57,000.

Is Madison, WI a lucrative place for Machinists?

Yes, Madison, WI offers a stable earning environment for Machinists.Machinists in Madison earn an average of $56,560, which aligns perfectly with the national average cost of living. The stable job market, with nearly 1.7 jobs per 1,000 workers, ensures consistent opportunities.

Is Madison, WI a good place to live for Machinists?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($46,530) and Rockford, IL.

How does Madison's machinist salary compare to the national average?

The average annual salary for machinists in Madison, WI is $56,560, which is slightly below the national average of $57,000.

What is the concentration of machinists in Madison, WI?

Madison, WI has a location quotient of 0.86 for machinists, indicating a slightly lower concentration of these roles compared to the national average.

What is the cost of living in Madison, WI for machinists?

The Cost of Living Index in Madison, WI is 100, which is exactly the national average, meaning your salary has equivalent purchasing power.

How many machinists are employed in Madison, WI?

There are approximately 680 machinists employed in Madison, WI, with about 1.676 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Madison, WI area with a job density of 1.676 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Machinists • Data source: BLS OEWS 2024 •Jobs in Madison, WI