Machine Tool Setters, Operators, and Tenders in Madison, WI, earn an average annual salary of $50,070, slightly exceeding the national average of $48,590. This localized premium is often influenced by the specific industrial demands and the operational costs within the Madison metropolitan area, reflecting a stable employment landscape for these skilled trades.
Executive Summary
- Average Salary: $50,070 per year.
- Growth Trend: Salaries have shifted 9.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,650.
- Outlook: With a local workforce of 260 professionals in this role and a Location Quotient of 0.76, Madison presents a moderately concentrated market for Machine Tool Setters, Operators, and Tenders. While not significantly overrepresented compared to the national average, the steady presence of these jobs, indicated by 0.639 per 1,000 workers, suggests a consistent demand within the region's manufacturing sector.
Salary Overview
The average Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Madison, WI earns+3.0%above the national average.
$24.1
$963
$4,173
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data for this niche role in Madison is not provided, it is reasonable to assume a general upward trend in salaries for skilled manufacturing positions over the past four years. Economic factors, including inflation and increased demand for precision manufacturing, typically drive wage growth, suggesting that Machine Tool Setters, Operators, and Tenders in Madison have likely seen their compensation increase.
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Madison, WI
Salary progression for Machine Tool Setters, Operators, and Tenders in Madison, WI, typically correlates with experience and skill specialization. Entry-level positions may start closer to the lower end of the pay scale, while senior operators with extensive experience in complex machinery and programming can command significantly higher salaries, often reaching into the upper percentiles of the $50,070 average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,320 | $18.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,553 | $18.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,910 | $22.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,588 | $30.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $63,650 | $30.6 |
Detailed Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$50,070
Gross Pay
Real Wage (Purchasing Power)
$50,070
Adjusted for COL (100)
The average annual salary of $50,070 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Machine Tool Setter, Operator, or Tender's salary in Madison is equivalent to the national average, offering a stable financial standing without the added pressure of higher living expenses.
Job Market Context
260
Total Jobs
0.639
Per 1K Jobs
0.76
Location Quotient
Madison, WI has 0.76x 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 0.76 indicates that Machine Tool Setters, Operators, and Tenders are slightly less concentrated in Madison, WI, compared to the national average. This suggests that while the profession is present and valued, the market is not saturated, potentially offering good opportunities for skilled individuals seeking employment without facing intense competition from a disproportionately large pool of local candidates.
Nearby Job Markets
Nearby Cities for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Madison, WI
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 Madison, WI?
The median annual salary for a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Madison, WI is $50,070. This typically ranges from $38,320 for entry-level positions to $63,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 3.0% higher than the national median of $48,590.
Is Madison, WI a lucrative place for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Yes, it offers competitive compensation.The average salary of $50,070 is above the national average, and with a cost of living at par, the purchasing power is strong.
Is Madison, WI a good place to live for Multiple Machine Tool 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 ($43,710) and Rockford, IL.
How does the Madison salary compare to the national average?
The average annual salary in Madison, WI, is $50,070, which is slightly higher than the national average of $48,590.
What is the significance of the Location Quotient (LQ) of 0.76?
An LQ of 0.76 means that Machine Tool Setters, Operators, and Tenders are 24% less concentrated in Madison compared to the national average, indicating a less saturated job market.
How does the Cost of Living in Madison affect the salary?
With a Cost of Living Index of 100, Madison's expenses are at the national average, meaning the $50,070 salary offers purchasing power equivalent to the national average.
What does the number of jobs per 1,000 workers (0.639) imply?
This figure suggests that for every 1,000 workers in Madison, approximately 0.639 are employed as Machine Tool Setters, Operators, and Tenders, indicating a steady presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Madison, WI area with a job density of 0.639 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 Madison, WI