Machine Tool Setters, Operators, and Tenders in the Chicago-Naperville-Elgin, IL-IN area earn an average annual salary of $49,800. This figure slightly surpasses the national average of $48,590, indicating a competitive compensation landscape. Local economic factors and industry demand likely contribute to this favorable pay rate.
Executive Summary
- Average Salary: $49,800 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,120.
- Outlook: With a local workforce of 3,560 individuals in this role, the Chicago-Naperville-Elgin area demonstrates a significant concentration of these skilled professionals. The Location Quotient of 0.95 suggests that the presence of these jobs is nearly on par with the national average, indicating a stable and robust job market for Machine Tool Setters, Operators, and Tenders.
Salary Overview
The average Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Chicago-Naperville-Elgin, IL-IN earns+2.5%above the national average.
$23.9
$958
$4,150
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Machine Tool Setters, Operators, and Tenders in the Chicago-Naperville-Elgin region have experienced steady growth over the past four years, mirroring national trends. Increased demand for manufactured goods and advancements in manufacturing technology typically drive up compensation for skilled labor in this sector.
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Machine Tool Setters, Operators, and Tenders typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, demanding greater expertise and responsibility, command higher salaries. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,480 | $17.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,350 | $18 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,610 | $22.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,250 | $29.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $70,120 | $33.7 |
Detailed Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$49,800
Gross Pay
Real Wage (Purchasing Power)
$49,800
Adjusted for COL (100)
The average annual salary of $49,800 in the Chicago-Naperville-Elgin, IL-IN area aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that the nominal wage effectively covers the local cost of goods and services without significant strain or surplus.
Job Market Context
3,560
Total Jobs
0.797
Per 1K Jobs
0.95
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.95x the national average concentration of Multiple Machine Tool Setters, Operators, and Tenders, 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 0.95 indicates that the concentration of Machine Tool Setters, Operators, and Tenders in the Chicago-Naperville-Elgin, IL-IN metropolitan area is very close to the national average. This suggests a balanced job market where demand and supply are relatively aligned, making it neither overly competitive nor exceptionally abundant for job seekers in this specialized field.
Nearby Job Markets
Nearby Cities for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Frequently Asked Questions
How much does a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Chicago-Naperville-Elgin, IL-IN is $49,800. This typically ranges from $35,480 for entry-level positions to $70,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 2.5% higher than the national median of $48,590.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Yes, it offers competitive compensation.The average salary of $49,800 slightly exceeds the national average, and the cost of living is on par with the national index, indicating good earning potential.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Kenosha, WI ($44,780) and Racine-Mount Pleasant, WI.
How does the Chicago-Naperville-Elgin salary compare to the national average?
The average annual salary of $49,800 in Chicago-Naperville-Elgin is slightly higher than the national average of $48,590.
What is the job market like for Machine Tool Setters in Chicago?
The job market is stable, with a Location Quotient of 0.95, indicating a presence of these roles nearly on par with the national average.
Does the cost of living affect the Machine Tool Setter salary in Chicago?
No, the local cost of living index is 100 (national average), meaning the $49,800 salary has average purchasing power locally.
How many Machine Tool Setters are employed in the Chicago-Naperville-Elgin area?
There are approximately 3,560 Machine Tool Setters, Operators, and Tenders employed in the Chicago-Naperville-Elgin, IL-IN 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 3,560 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.797 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN