SalaryNode

Average Tool and Die Makers Salary in Akron, OH

Tool and Die Makers in Akron, OH, can expect an average annual salary of $60,390. This figure is notably below the national average of $65,000. Local economic factors, including industry demand and the specific manufacturing landscape within Akron, likely contribute to this regional salary variation.

Executive Summary

  • Average Salary: $60,390 per year.
  • Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,070.
  • Outlook: With a local workforce of 300 Tool and Die Makers, Akron presents a concentrated market for this skilled trade. The Location Quotient of 2.66 significantly exceeds the national average, indicating a robust demand and a higher-than-average concentration of these professionals in the area, suggesting a stable job market for experienced individuals.
2024 Market Data

Salary Overview

$60,390

The average Tool and Die Makers in Akron, OH earns-7.1%below the national average.

BreakdownBased on 40h/week
Hourly

$29

Weekly

$1,161

Monthly

$5,033

Tool and Die Makers Salary Distribution in Akron, OH

Salary progression for Tool and Die Makers in Akron is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command significantly higher salaries, often reaching the upper percentiles of the provided average.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$45,260$21.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$45,293$21.8
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$61,330$29.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$75,488$36.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$75,070$36.1

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$60,390

Gross Pay

Real Wage (Purchasing Power)

$60,390

Adjusted for COL (100)

The average annual salary of $60,390 in Akron, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Tool and Die Maker's salary in Akron is comparable to the national standard, offering a stable financial footing without the premium or discount often associated with higher or lower cost-of-living areas.

Job Market Context

300

Total Jobs

0.95

Per 1K Jobs

2.66

Location Quotient

Major Hub

Akron, OH has 2.7x the national concentration of Tool and Die Makers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Akron's Location Quotient of 2.66 for Tool and Die Makers signifies a substantial concentration of these professionals relative to the national average. This high quotient suggests a mature and potentially competitive market, where employers may actively seek out skilled talent, and the presence of a strong local industry dedicated to precision manufacturing is evident.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

CitySalaryDist.
Canton-Massillon, OH Tool and Die Makers Salary$57,120↓ 5%20 mi
Cleveland, OH Tool and Die Makers Salary$64,480↑ 7%29 mi
Youngstown-Warren, OH Tool and Die Makers Salary$64,760↑ 7%46 mi
Mansfield, OH Tool and Die Makers Salary$59,210↓ 2%57 mi
Sandusky, OH Tool and Die Makers Salary$69,090↑ 14%66 mi

Comparing salaries near Akron, OH

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Akron, OH?

The median annual salary for a Tool and Die Makers in Akron, OH is $60,390. This typically ranges from $45,260 for entry-level positions to $75,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 7.1% lower than the national median of $65,000.

Is Akron, OH a lucrative place for Tool and Die Makers?

No, not significantly more lucrative than the national average.While the average salary of $60,390 is stable relative to the cost of living, it falls below the national average of $65,000. The high concentration of jobs indicates demand, but not necessarily higher pay.

Is Akron, OH a good place to live for Tool and Die Makers?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($57,120) and Cleveland, OH.

How does Akron's Tool and Die Maker salary compare to the national average?

The average annual salary for Tool and Die Makers in Akron, OH, is $60,390, which is approximately $4,610 less than the national average of $65,000.

What does a Location Quotient of 2.66 mean for Tool and Die Makers in Akron?

A Location Quotient of 2.66 indicates that Tool and Die Makers are more than twice as concentrated in Akron, OH, compared to the national average, suggesting a strong local industry presence and demand for this profession.

Is the cost of living in Akron, OH, high for Tool and Die Makers?

The cost of living in Akron, OH, is exactly at the national average (100). This means the $60,390 salary offers standard purchasing power compared to the rest of the country.

How many Tool and Die Makers are there in Akron, OH?

There are approximately 300 Tool and Die Makers employed in Akron, OH, representing 0.95 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Akron, OH area with a job density of 0.95 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tool and Die Makers • Data source: BLS OEWS 2024 •Jobs in Akron, OH