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Average Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Salary in New York-Newark-Jersey City, NY-NJ

In the New York-Newark-Jersey City, NY-NJ metropolitan area, Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic earn an average annual salary of $42,040. This figure is slightly below the national average of $43,940, suggesting that while the role is present, local market dynamics and potentially higher operational costs may influence compensation compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $42,040 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,490.
  • Outlook: The local job market for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in the New York-Newark-Jersey City, NY-NJ area is characterized by a workforce of 3,300 individuals. With a Location Quotient of 0.35, this indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially more specialized demand within the region.
2024 Market Data

Salary Overview

$42,040

The average Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in New York-Newark-Jersey City, NY-NJ earns-4.3%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$808

Monthly

$3,503

Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in New York-Newark-Jersey City, NY-NJ

Experience plays a significant role in the earning potential for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized skills can command salaries considerably higher than the average. The percentile gaps in salary distribution clearly signify opportunities for career progression and increased earning power with accumulated experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$31,470$15.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$31,530$15.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$37,320$17.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$52,550$25.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$59,490$28.6

Detailed Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic Market Analysis

Relocation Context

Nominal Salary

$42,040

Gross Pay

Real Wage (Purchasing Power)

$42,040

Adjusted for COL (100)

The nominal average annual salary of $42,040 in the New York-Newark-Jersey City, NY-NJ area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average, indicating that while the salary may seem lower than some high-cost urban centers, it is effectively balanced by the local cost of living, making it neither exceptionally lucrative nor significantly disadvantaged in terms of affordability.

Job Market Context

3,300

Total Jobs

0.353

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.35 for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in the New York-Newark-Jersey City, NY-NJ area suggests that this profession is less concentrated than the national average. This implies that while there are opportunities, the market is not oversaturated, potentially offering a stable environment for skilled workers, though employers might face challenges in finding a large pool of readily available talent.

Nearby Job Markets

Frequently Asked Questions

How much does a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic in New York-Newark-Jersey City, NY-NJ is $42,040. This typically ranges from $31,470 for entry-level positions to $59,490 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 4.3% lower than the national median of $43,940.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic?

No, not particularly lucrative compared to the national average.The average salary of $42,040 is slightly below the national average, and while the cost of living is at the national average, it doesn't offer a significant financial advantage.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, 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.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($46,770) and Trenton-Princeton, NJ.

How does the local workforce size impact job prospects?

With a local workforce of 3,300, the market is of a moderate size, suggesting a consistent demand for skilled professionals rather than rapid expansion.

What does a Location Quotient of 0.35 mean for job seekers?

A Location Quotient below 1.0 indicates fewer jobs per capita than the national average, meaning the field is less common in this region, which could translate to less competition but potentially fewer openings.

How does the Cost of Living Index affect the $42,040 salary?

With a Cost of Living Index of 100, the $42,040 salary has the same purchasing power as the national average, meaning it's neither exceptionally high nor low relative to expenses in the area.

Are there many jobs per 1,000 workers for this role in NY-NJ?

With 0.353 jobs per 1,000 workers, this role represents a small fraction of the overall employment landscape in the New York-Newark-Jersey City, NY-NJ area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,300 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.353 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.