In Madison, WI, Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic earn an average annual salary of $45,590. This figure slightly surpasses the national average of $43,940, indicating a favorable compensation landscape in the region. Local economic factors and industry demand likely contribute to this competitive pay.
Executive Summary
- Average Salary: $45,590 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,810.
- Outlook: The job market for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI, appears robust. With a total local workforce of 800 individuals in this role, and a Location Quotient of 1.96, the concentration of these jobs significantly exceeds the national average. This suggests a strong and potentially growing demand for these skilled professionals within the Madison area.
Salary Overview
The average Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI earns+3.8%above the national average.
$21.9
$877
$3,799
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI, have experienced steady growth over the past four years. This trend is typical for roles in manufacturing and skilled trades, driven by inflation, increased demand, and the need to attract and retain qualified personnel.
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Madison, WI
Career progression for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI, typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior operators with extensive expertise and specialized skills can command significantly higher salaries, reflecting the value of their accumulated knowledge and proficiency.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,230 | $17.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $34,193 | $16.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $43,550 | $20.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $56,988 | $27.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $57,810 | $27.8 |
Detailed Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$45,590
Gross Pay
Real Wage (Purchasing Power)
$45,590
Adjusted for COL (100)
The average annual salary of $45,590 in Madison, WI, is particularly attractive given the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of your earnings in Madison is equivalent to the national standard, allowing your salary to cover essential expenses and discretionary spending effectively.
Job Market Context
800
Total Jobs
1.965
Per 1K Jobs
1.96
Location Quotient
Madison, WI has 2.0x the national concentration of Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.96 for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI, signifies that this profession is more than twice as concentrated in Madison compared to the national average. This indicates a strong local industry presence and potentially a more competitive job market for employers seeking talent, while also suggesting ample opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Madison, WI
Hiring Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastics?
Frequently Asked Questions
How much does a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic make in Madison, WI?
The median annual salary for a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI is $45,590. This typically ranges from $36,230 for entry-level positions to $57,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 3.8% higher than the national median of $43,940.
Is Madison, WI a lucrative place for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastics?
Yes, Madison, WI offers a lucrative environment for these professionals.The average salary of $45,590 is above the national average, and the cost of living is on par with the national average, enhancing purchasing power. The high location quotient also points to strong local demand.
Is Madison, WI a good place to live for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastics?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($42,550) and Rockford, IL.
How does the local salary compare to the national average?
The average annual salary for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Madison, WI is $45,590, which is higher than the national average of $43,940.
What is the significance of the Location Quotient (LQ) in Madison, WI?
An LQ of 1.96 means that Madison, WI has a concentration of these jobs that is 96% higher than the national average, indicating a strong local industry presence and demand.
How does the Cost of Living in Madison, WI affect the salary?
With a Cost of Living Index of 100, Madison, WI is at the national average. This means the $45,590 salary has the same purchasing power as it would nationally, making it a stable financial environment.
What is the total number of these jobs in Madison, WI?
There are approximately 800 Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic employed in Madison, WI.
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 Madison, WI area with a job density of 1.965 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Madison, WI