SalaryNode

Average Molders, Shapers, and Casters, Except Metal and Plastic Salary in New Jersey

Molders, Shapers, and Casters, Except Metal and Plastic in New Jersey earn an average annual salary of $54,000, significantly above the national average of $46,700. This higher compensation reflects the state's robust industrial sector and potentially higher operational costs, which often translate into increased wages for skilled labor.

Executive Summary

  • Average Salary: $54,000 per year.
  • Growth Trend: Salaries have shifted 43.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,360.
  • Outlook: With a local workforce of approximately 800 individuals in this specialized field, New Jersey demonstrates a notable presence for Molders, Shapers, and Casters. The Location Quotient of 0.83 suggests a concentration slightly below the national average, indicating a stable but not overly saturated market, implying consistent demand for these roles within the state's economy.
2024 Market Data

Salary Overview

$54,000

The average Molders, Shapers, and Casters, Except Metal and Plastic in New Jersey earns+15.6%above the national average.

BreakdownBased on 40h/week
Hourly

$26

Weekly

$1,038

Monthly

$4,500

Molders, Shapers, and Casters, Except Metal and Plastic Salary Distribution in New Jersey

Career progression for Molders, Shapers, and Casters typically involves a salary increase from entry-level positions to senior roles. While specific percentile data isn't available, the gap between starting salaries and those earned by highly experienced professionals can be substantial, reflecting the value of accumulated expertise, specialized certifications, and demonstrated proficiency in complex casting and molding techniques.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,530$18
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,500$19.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$49,120$23.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$67,500$32.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$74,360$35.8

Detailed Molders, Shapers, and Casters, Except Metal and Plastic Market Analysis

Relocation Context

Nominal Salary

$54,000

Gross Pay

Real Wage (Purchasing Power)

$48,043

Adjusted for COL (112.4)

The average annual salary of $54,000 in New Jersey for Molders, Shapers, and Casters needs to be considered alongside the state's Cost of Living Index of 112.4. This index, which is 12.4% higher than the national average, means that while the nominal salary is attractive, the purchasing power may be slightly diminished compared to areas with a lower cost of living.

Job Market Context

800

Total Jobs

0.188

Per 1K Jobs

0.83

Location Quotient

Below Average

New Jersey has 0.83x the national average concentration of Molders, Shapers, and Casters, Except Metal and Plastic 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 0.83 for Molders, Shapers, and Casters in New Jersey indicates that the industry's presence is slightly less concentrated than the national average. This suggests that while opportunities exist, the market may not be as intensely competitive as in regions with a higher concentration, potentially offering a balanced environment for job seekers and employers.

Nearby Job Markets

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 New Jersey?

The median annual salary for a Molders, Shapers, and Casters, Except Metal and Plastic in New Jersey is $54,000. This typically ranges from $37,530 for entry-level positions to $74,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 15.6% higher than the national median of $46,700.

Is New Jersey a lucrative place for Molders, Shapers, and Casters, Except Metal and Plastics?

Yes, generally.New Jersey offers an average salary of $54,000, which is higher than the national average, indicating a potentially lucrative market despite a slightly above-average cost of living.

Is New Jersey a good place to live for Molders, Shapers, and Casters, Except Metal and Plastics?

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($54,400) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

How does the New Jersey salary compare to the national average?

The average annual salary for Molders, Shapers, and Casters in New Jersey is $54,000, which is $7,300 higher than the national average of $46,700.

What is the concentration of Molders, Shapers, and Casters in New Jersey?

New Jersey has a Location Quotient of 0.83 for this profession, meaning the concentration of these jobs is slightly below the national average.

How does the cost of living in New Jersey affect the salary?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the $54,000 salary may have less purchasing power than in lower-cost areas.

What is the total workforce size for this role in New Jersey?

There are approximately 800 Molders, Shapers, and Casters, Except Metal and Plastic employed in New Jersey.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 800 employees in the New Jersey area with a job density of 0.188 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.