In Michigan City-La Porte, IN, Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic earn an average annual salary of $40,660. This figure is slightly below the national average of $43,940, a difference often influenced by regional economic factors and the specific industrial landscape of the area. The concentration of these roles within the local economy plays a significant part in shaping compensation.
Executive Summary
- Average Salary: $40,660 per year.
- Growth Trend: Salaries have shifted 74.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,300.
- Outlook: The job market for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Michigan City-La Porte, IN, shows a robust local presence. With a total workforce of 230 individuals in this role and a Location Quotient of 5.67, indicating a concentration significantly higher than the national average, demand for these skilled professionals appears strong and well-established within the region's industrial framework.
Salary Overview
The average Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Michigan City-La Porte, IN earns-7.5%below the national average.
$19.6
$782
$3,388
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 generally observed that roles within manufacturing and industrial sectors, such as machine setters and operators, experience steady salary growth over a four-year period. This growth is typically driven by inflation, increased demand for skilled labor, and advancements in technology requiring updated skill sets, suggesting a positive trajectory for earnings in this field.
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Michigan City-La Porte, IN
Career progression for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic typically involves scaling from entry-level positions to more senior or specialized roles. As experience and expertise increase, individuals can expect their salaries to rise significantly, with higher percentile gaps reflecting greater responsibility and advanced skill acquisition, leading to substantial earning potential over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,690 | $15.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $30,495 | $14.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $38,010 | $18.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $50,825 | $24.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $46,300 | $22.3 |
Detailed Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$40,660
Gross Pay
Real Wage (Purchasing Power)
$40,660
Adjusted for COL (100)
The average annual salary of $40,660 in Michigan City-La Porte, IN, aligns precisely with the national average cost of living, which is indexed at 100. This means that the nominal salary holds its purchasing power effectively within the local market, offering a stable financial environment for residents without the added pressure of unusually high or low living expenses.
Job Market Context
230
Total Jobs
5.688
Per 1K Jobs
5.67
Location Quotient
Michigan City-La Porte, IN has 5.7x 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.
The Location Quotient of 5.67 for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Michigan City-La Porte, IN, signifies a highly concentrated industry presence. This substantial concentration suggests that the region is a key hub for these types of operations, potentially leading to a competitive job market with numerous opportunities but also a strong pool of experienced candidates.
Nearby Job Markets
Nearby Cities for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Michigan City-La Porte, IN
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 Michigan City-La Porte, IN?
The median annual salary for a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in Michigan City-La Porte, IN is $40,660. This typically ranges from $32,690 for entry-level positions to $46,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Michigan City-La Porte, IN is 7.5% lower than the national median of $43,940.
Is Michigan City-La Porte, IN a lucrative place for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic?
Yes, it offers a stable earning potential relative to living costs.While the average salary is slightly below the national average, the cost of living is also at the national average, making earnings comparable in purchasing power. The high concentration of these jobs indicates strong local demand.
Is Michigan City-La Porte, IN a good place to live for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastics?
The Cost of Living Index in Michigan City-La Porte, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Michigan City-La Porte, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($39,420) and Niles, MI.
How does the local salary compare to the national average?
The average annual salary in Michigan City-La Porte, IN is $40,660, which is approximately 7.5% lower than the national average of $43,940.
What does the Location Quotient (LQ) of 5.67 mean for this job role?
An LQ of 5.67 indicates that this job role is 5.67 times more concentrated in Michigan City-La Porte, IN, compared to the national average, suggesting a significant regional specialization.
How does the cost of living affect the salary in Michigan City-La Porte, IN?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $40,660 salary has a purchasing power equivalent to the national average.
What is the total number of workers in this field in Michigan City-La Porte, IN?
There are approximately 230 Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic employed in the Michigan City-La Porte, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Michigan City-La Porte, IN area with a job density of 5.688 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 Michigan City-La Porte, IN