In the Indianapolis-Carmel-Greenwood, IN area, Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic earn an average annual salary of $42,020. This figure is notably below the national average of $48,590, suggesting that local market dynamics and potentially a different cost of living structure influence compensation for these roles. While the nominal salary is lower, understanding the local economic landscape is crucial for evaluating its true value.
Executive Summary
- Average Salary: $42,020 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,810.
- Outlook: The Indianapolis-Carmel-Greenwood, IN metropolitan area supports a local workforce of 1,080 individuals in roles for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic. With a Location Quotient of 1.16, this indicates a slightly higher concentration of these jobs compared to the national average. This suggests a stable, albeit not overwhelmingly dominant, demand for these skilled positions within the region's industrial base.
Salary Overview
The average Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN earns-13.5%below the national average.
$20.2
$808
$3,502
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data for this niche role in Indianapolis is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns and inflation. Increased automation and evolving manufacturing techniques likely contribute to a steady or increasing demand for skilled machine tool operators, potentially driving wage adjustments upwards to attract and retain talent.
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Machine Tool Setters, Operators, and Tenders typically involves gaining experience and specialized skills. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with expertise in complex machinery, programming, or quality control can command significantly higher salaries. The percentile gaps in earnings clearly signify the value placed on experience and advanced capabilities within this trade.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,370 | $17 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,515 | $15.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $38,820 | $18.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $52,525 | $25.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $52,810 | $25.4 |
Detailed Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$42,020
Gross Pay
Real Wage (Purchasing Power)
$42,020
Adjusted for COL (100)
The average annual salary of $42,020 in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a Machine Tool Setter's salary in this region is equivalent to the national average. While the nominal pay is lower than the national average, the cost of living does not present a disadvantage, suggesting that the take-home pay may offer comparable lifestyle benefits.
Job Market Context
1,080
Total Jobs
0.98
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Indianapolis-Carmel-Greenwood, IN has a slightly higher-than-average concentration of Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic roles compared to the national norm.
With a Location Quotient of 1.16, the Indianapolis-Carmel-Greenwood, IN area exhibits a slightly higher concentration of Machine Tool Setters, Operators, and Tenders, Metal and Plastic jobs than the national average. This suggests that the local job market for these roles is moderately competitive, with a healthy presence of employers seeking these skills. While not an exceptionally high concentration, it indicates a consistent demand within the region's manufacturing sector.
Nearby Job Markets
Nearby Cities for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Indianapolis-Carmel-Greenwood, 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 Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN is $42,020. This typically ranges from $35,370 for entry-level positions to $52,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 13.5% lower than the national median of $48,590.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Yes, it offers average national purchasing power.While the average salary of $42,020 is below the national average, the local cost of living is also at the national average (100). This means your salary's purchasing power is comparable to the national average, making it a stable, though not exceptionally high-paying, location.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($44,910) and Southern Indiana nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Indianapolis-Carmel-Greenwood, IN is $42,020, which is lower than the national average of $48,590.
What is the concentration of these jobs in Indianapolis?
The Indianapolis-Carmel-Greenwood, IN area has a Location Quotient of 1.16 for these roles, indicating a slightly higher concentration of jobs compared to the national average.
How does the cost of living affect the salary in Indianapolis?
The cost of living in Indianapolis-Carmel-Greenwood, IN is at the national average (100), meaning the $42,020 salary offers purchasing power equivalent to the national average.
What is the total number of Machine Tool Setters, Operators, and Tenders in the Indianapolis area?
There are approximately 1,080 individuals employed in these roles within the Indianapolis-Carmel-Greenwood, 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 1,080 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.98 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 Indianapolis-Carmel-Greenwood, IN