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Average Machinists Salary in Waco, TX

Machinists in Waco, TX earn an average annual salary of $51,350. This figure is notably below the national average of $57,000, suggesting that local market dynamics and potentially a lower cost of labor contribute to this pay differential. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.

Executive Summary

  • Average Salary: $51,350 per year.
  • Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,050.
  • Outlook: Waco, TX hosts a Machinist workforce of approximately 220 individuals. With a Location Quotient of 0.86, the concentration of machinists is slightly below the national average, indicating a stable but not exceptionally high demand relative to other professions. The rate of 1.659 jobs per 1,000 workers further underscores a consistent presence of these roles within the local economy.
2024 Market Data

Salary Overview

$51,350

The average Machinists in Waco, TX earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24.7

Weekly

$988

Monthly

$4,279

Machinists Salary Distribution in Waco, TX

The salary trajectory for machinists in Waco, TX, like elsewhere, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression opportunities, rewarding expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$32,950$15.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,513$18.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,370$23.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$64,188$30.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$75,050$36.1

Detailed Machinists Market Analysis

Relocation Context

Nominal Salary

$51,350

Gross Pay

Real Wage (Purchasing Power)

$51,350

Adjusted for COL (100)

With a Cost of Living Index of 100, Waco, TX is precisely at the national average. This means the Machinist salary of $51,350 holds purchasing power equivalent to the national average. Therefore, while the nominal salary is lower than the national average, the cost of living does not exacerbate the difference, presenting a neutral financial environment for relocation.

Job Market Context

220

Total Jobs

1.659

Per 1K Jobs

0.86

Location Quotient

Below Average

Waco, TX 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 Waco, TX, suggests that the profession is slightly less concentrated than the national average. This indicates a market that is neither oversaturated nor experiencing extreme scarcity. Employers may find a steady pool of talent, but highly specialized skills could still command competitive compensation due to this moderate concentration.

Nearby Job Markets

Nearby Cities for Machinists

CitySalaryDist.
North Region of Texas nonmetropolitan area Machinists Salary$51,490↑ 0%41 mi
Northwestern Region of Texas nonmetropolitan area Machinists Salary$55,120↑ 7%41 mi
Hill Country Region of Texas nonmetropolitan area Machinists Salary$51,710↑ 1%41 mi
Coastal Plains Region of Texas nonmetropolitan area Machinists Salary$58,900↑ 15%41 mi
Eastern Region of Texas nonmetropolitan area Machinists Salary$51,380↑ 0%41 mi

Comparing salaries near Waco, TX

Hiring Machinistss?

Frequently Asked Questions

How much does a Machinists make in Waco, TX?

The median annual salary for a Machinists in Waco, TX is $51,350. This typically ranges from $32,950 for entry-level positions to $75,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 9.9% lower than the national median of $57,000.

Is Waco, TX a lucrative place for Machinists?

No, not exceptionally lucrative compared to national averages.The average Machinist salary in Waco, TX ($51,350) is below the national average ($57,000), although the cost of living is also at the national average.

Is Waco, TX a good place to live for Machinists?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($51,490) and Northwestern Region of Texas nonmetropolitan area.

What is the average salary for a Machinist in Waco, TX?

The average annual salary for a Machinist in Waco, TX is $51,350.

How does Waco, TX compare to the national average for Machinist salaries?

Machinists in Waco, TX earn approximately 10.6% less than the national average salary of $57,000.

What is the concentration of Machinists in Waco, TX?

Waco, TX has a Location Quotient of 0.86 for Machinists, indicating a slightly lower concentration than the national average.

How does the cost of living in Waco, TX affect Machinist salaries?

Waco, TX has a Cost of Living Index of 100, which is the national average. This means the $51,350 salary has purchasing power equivalent to the national average, despite being nominally lower than the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Waco, TX area with a job density of 1.659 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 Waco, TX