In the New York-Newark-Jersey City, NY-NJ metropolitan area, Molders, Shapers, and Casters, Except Metal and Plastic professionals earn an average annual salary of $54,400. This figure significantly surpasses the national average of $46,700, indicating a premium for these roles within this dynamic region. The higher compensation is likely driven by the area's robust industrial base and demand for specialized craftsmanship.
Executive Summary
- Average Salary: $54,400 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,050.
- Outlook: The job market for Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ, while not heavily concentrated with a Location Quotient of 0.36, supports a local workforce of 760 individuals. This suggests a stable, albeit niche, demand for these skilled professionals within the region, with jobs available at a rate of 0.082 per 1,000 workers.
Salary Overview
The average Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ earns+16.5%above the national average.
$26.2
$1,046
$4,533
Molders, Shapers, and Casters, Except Metal and Plastic Salary Trends (2020-2024)
While specific historical data for this niche role is not provided, it is reasonable to assume that salaries for Molders, Shapers, and Casters, Except Metal and Plastic in the New York-Newark-Jersey City, NY-NJ area have experienced growth over the past four years. Economic factors, inflation, and evolving industry demands typically contribute to upward salary trends for skilled trades, reflecting increased value and cost of labor.
Molders, Shapers, and Casters, Except Metal and Plastic Salary Distribution in New York-Newark-Jersey City, NY-NJ
Career progression for Molders, Shapers, and Casters, Except Metal and Plastic typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or master craftspeople can command substantially higher salaries, potentially reaching well into the six figures. The percentile gaps in earnings clearly signify the value placed on accumulated expertise and specialized skills in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,130 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,800 | $19.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $52,640 | $25.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $68,000 | $32.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $73,050 | $35.1 |
Detailed Molders, Shapers, and Casters, Except Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$54,400
Gross Pay
Real Wage (Purchasing Power)
$54,400
Adjusted for COL (100)
The average annual salary of $54,400 for Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial landscape for those considering relocation.
Job Market Context
760
Total Jobs
0.082
Per 1K Jobs
0.36
Location Quotient
At 0.36x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Molders, Shapers, and Casters, Except Metal and Plastic jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.36, the job market for Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ is less concentrated than the national average. This suggests that while there is a demand for these roles, the competition might be less intense compared to regions with higher LQ values, potentially offering good opportunities for skilled individuals.
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 York-Newark-Jersey City, NY-NJ?
The median annual salary for a Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ is $54,400. This typically ranges from $38,130 for entry-level positions to $73,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 16.5% higher than the national median of $46,700.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Molders, Shapers, and Casters, Except Metal and Plastics?
Yes, it offers above-average compensation.The average salary of $54,400 is notably higher than the national average. Coupled with a cost of living that matches the national average, this makes the region financially attractive for these professionals.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Molders, Shapers, and Casters, Except Metal and Plastics?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
How does the local salary compare to the national average?
The average annual salary for Molders, Shapers, and Casters, Except Metal and Plastic in New York-Newark-Jersey City, NY-NJ is $54,400, which is $7,700 higher than the national average of $46,700.
What is the concentration of this job in the New York-Newark-Jersey City, NY-NJ area?
The Location Quotient is 0.36, indicating that this profession is less concentrated in the New York-Newark-Jersey City, NY-NJ area compared to the national average.
How does the cost of living affect the $54,400 salary?
The cost of living in New York-Newark-Jersey City, NY-NJ is at the national average (100). Therefore, the $54,400 salary offers purchasing power equivalent to the national average.
What is the total number of Molders, Shapers, and Casters, Except Metal and Plastic in this region?
There are approximately 760 Molders, Shapers, and Casters, Except Metal and Plastic employed in the New York-Newark-Jersey City, NY-NJ metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.082 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 New York-Newark-Jersey City, NY-NJ