Average Miscellaneous Assemblers and Fabricators Salary in Indianapolis-Carmel-Greenwood, IN
In the Indianapolis-Carmel-Greenwood, IN metropolitan area, Miscellaneous Assemblers and Fabricators earn an average annual salary of $42,080. This figure is slightly below the national average of $44,850, suggesting localized economic factors and demand dynamics influence compensation within this specific region. The cost of living in Indianapolis aligns perfectly with the national average, meaning the nominal salary offers standard purchasing power.
Executive Summary
- Average Salary: $42,080 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,590.
- Outlook: The Indianapolis-Carmel-Greenwood area supports a substantial workforce of 12,460 Miscellaneous Assemblers and Fabricators. With a Location Quotient of 1.2, this indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing job market for these skilled professionals within the region.
Salary Overview
The average Miscellaneous Assemblers and Fabricators in Indianapolis-Carmel-Greenwood, IN earns-6.2%below the national average.
$20.2
$809
$3,507
Miscellaneous Assemblers and Fabricators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Miscellaneous Assemblers and Fabricators in the Indianapolis-Carmel-Greenwood area have seen consistent growth over the past four years, mirroring national trends of wage increases driven by inflation and evolving labor demands. This upward trajectory likely reflects increased demand for manufacturing and assembly roles.
Miscellaneous Assemblers and Fabricators Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Miscellaneous Assemblers and Fabricators typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles can command substantially higher compensation. The percentile gaps in salary distribution highlight clear opportunities for advancement and increased earning potential throughout one's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,910 | $15.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,560 | $15.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $39,680 | $19.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $52,600 | $25.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $52,590 | $25.3 |
Detailed Miscellaneous Assemblers and Fabricators Market Analysis
Relocation Context
Nominal Salary
$42,080
Gross Pay
Real Wage (Purchasing Power)
$42,080
Adjusted for COL (100)
The average annual salary of $42,080 in Indianapolis-Carmel-Greenwood, IN, is directly comparable to the national average cost of living, which stands at an index of 100. This means that the purchasing power of the salary in this metropolitan area is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
12,460
Total Jobs
11.361
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Indianapolis-Carmel-Greenwood, IN has a slightly higher-than-average concentration of Miscellaneous Assemblers and Fabricators roles compared to the national norm.
A Location Quotient of 1.2 for Miscellaneous Assemblers and Fabricators in Indianapolis-Carmel-Greenwood signifies a notable concentration of these jobs relative to the national average. This suggests that the local job market is more specialized in this field than the typical U.S. metropolitan area, potentially leading to more opportunities but also indicating a competitive landscape for skilled workers.
Nearby Job Markets
Nearby Cities for Miscellaneous Assemblers and Fabricators
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Miscellaneous Assemblers and Fabricators make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Miscellaneous Assemblers and Fabricators in Indianapolis-Carmel-Greenwood, IN is $42,080. This typically ranges from $31,910 for entry-level positions to $52,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 6.2% lower than the national median of $44,850.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Miscellaneous Assemblers and Fabricators?
No, not significantly more lucrative than the national average.While the area has a higher concentration of these jobs (LQ of 1.2), the average salary of $42,080 is slightly below the national average, and the cost of living is on par with the national average.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Miscellaneous Assemblers and Fabricators?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($43,190) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary for Miscellaneous Assemblers and Fabricators in Indianapolis is $42,080, which is slightly lower than the national average of $44,850.
Is there strong demand for Assemblers in Indianapolis?
Yes, the Location Quotient of 1.2 indicates a higher concentration of these jobs in Indianapolis compared to the national average, suggesting a robust local demand.
What is the cost of living impact on salary in Indianapolis?
The cost of living in Indianapolis is exactly at the national average (index of 100), meaning the $42,080 salary has standard purchasing power equivalent to the national median.
How many Assemblers work in the Indianapolis area?
The Indianapolis-Carmel-Greenwood metropolitan area employs approximately 12,460 Miscellaneous Assemblers and Fabricators.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,460 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 11.361 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Miscellaneous Assemblers and Fabricators • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN