Average Molders, Shapers, and Casters, Except Metal and Plastic Salary in Indiana
Molders, Shapers, and Casters, Except Metal and Plastic in Indiana earn an average annual salary of $47,420. This figure slightly surpasses the national average of $46,700, indicating a favorable compensation landscape within the state. Local economic factors and industry demand likely contribute to this competitive pay.
Executive Summary
- Average Salary: $47,420 per year.
- Growth Trend: Salaries have shifted 32.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,570.
- Outlook: Indiana's market for Molders, Shapers, and Casters, Except Metal and Plastic, shows a robust presence with a total local workforce of 1,740 individuals. The Location Quotient of 2.42 signifies a significantly higher concentration of these roles compared to the national average, suggesting strong and sustained demand for these specialized skills within the state.
Salary Overview
The average Molders, Shapers, and Casters, Except Metal and Plastic in Indiana earns+1.5%above the national average.
$22.8
$912
$3,952
Molders, Shapers, and Casters, Except Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Molders, Shapers, and Casters, Except Metal and Plastic in Indiana has experienced steady growth over the past four years. This trend is typical for skilled trades in regions with consistent industrial activity, reflecting both inflation and increasing demand for experienced professionals.
Molders, Shapers, and Casters, Except Metal and Plastic Salary Distribution in Indiana
Career progression for Molders, Shapers, and Casters, Except Metal and Plastic in Indiana typically sees salary increases with experience. Entry-level positions might start at a lower percentile, while senior or specialized roles command higher compensation. The variance in pay across different experience levels highlights significant opportunities for career and income advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,090 | $16.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,565 | $17.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,990 | $22.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $59,275 | $28.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,570 | $28.6 |
Detailed Molders, Shapers, and Casters, Except Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$47,420
Gross Pay
Real Wage (Purchasing Power)
$52,689
Adjusted for COL (90)
The average annual salary of $47,420 in Indiana presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 90. This index is below the national average of 100, meaning that the nominal salary earned by Molders, Shapers, and Casters, Except Metal and Plastic in Indiana will likely translate to a higher real income and greater affordability for daily expenses.
Job Market Context
1,740
Total Jobs
0.546
Per 1K Jobs
2.42
Location Quotient
Indiana has 2.4x the national concentration of Molders, Shapers, and Casters, Except Metal and Plastic jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.42, Indiana demonstrates a pronounced concentration of Molders, Shapers, and Casters, Except Metal and Plastic roles relative to the national distribution. This high quotient suggests that the job market in Indiana is not only abundant in opportunities for these professionals but also potentially less saturated than national averages, offering a competitive edge for job seekers.
Nearby Job Markets
Nearby Cities for Molders, Shapers, and Casters, Except Metal and Plastic
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Molders, Shapers, and Casters, Except Metal and Plastic Salary | $47,690↑ 1% | 8 mi |
| Bloomington, IN Molders, Shapers, and Casters, Except Metal and Plastic Salary | $49,610↑ 5% | 49 mi |
Comparing salaries near Indiana
Hiring Molders, Shapers, and Casters, Except Metal and Plastics?
Frequently Asked Questions
How much does a Molders, Shapers, and Casters, Except Metal and Plastic make in Indiana?
The median annual salary for a Molders, Shapers, and Casters, Except Metal and Plastic in Indiana is $47,420. This typically ranges from $35,090 for entry-level positions to $59,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 1.5% higher than the national median of $46,700.
Is Indiana a lucrative place for Molders, Shapers, and Casters, Except Metal and Plastics?
Yes, Indiana offers a lucrative environment for these professionals.The average salary exceeds the national average, and the cost of living is below the national average, enhancing overall financial well-being.
Is Indiana a good place to live for Molders, Shapers, and Casters, Except Metal and Plastics?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($47,690) and Bloomington, IN.
How does Indiana's concentration of Molders compare to the national average?
Indiana's concentration, measured by a Location Quotient of 2.42, is significantly higher than the national average of 1.0, indicating a greater prevalence of these jobs within the state.
What is the average number of Molders per 1,000 workers in Indiana?
In Indiana, there are approximately 0.546 jobs for Molders, Shapers, and Casters, Except Metal and Plastic per 1,000 workers, reflecting the specialized nature of this occupation within the state's workforce.
How does the cost of living in Indiana affect the Molders' salary?
The cost of living index in Indiana is 90, which is 10% lower than the national average. This means the $47,420 average salary provides greater purchasing power for residents compared to living in a higher cost-of-living area.
What is the total number of Molders, Shapers, and Casters, Except Metal and Plastic employed in Indiana?
There are approximately 1,740 individuals employed in roles such as Molders, Shapers, and Casters, Except Metal and Plastic within Indiana, highlighting a substantial local workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,740 employees in the Indiana area with a job density of 0.546 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Molders, Shapers, and Casters, Except Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Indiana