Average Tool and Die Makers Salary in Albany-Schenectady-Troy, NY
Yes, Albany-Schenectady-Troy, NY is a highly lucrative market for Tool and Die Makerss. With an average annual salary of $81,610, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $81,610 per year.
- Growth Trend: Salaries have shifted 30.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,800.
- Outlook: The current demand for Tool and Die Makerss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
Salary Overview
The average Tool and Die Makers in Albany-Schenectady-Troy, NY earns+25.6%above the national average.
$39.2
$1,569
$6,801
Tool and Die Makers Salary Trends (2020-2024)
Over the past 4 years, Tool and Die Makers salaries in Albany-Schenectady-Troy, NY have experienced a rapid surge, growing by 30.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tool and Die Makers Salary Distribution in Albany-Schenectady-Troy, NY
The earning potential for Tool and Die Makerss in Albany-Schenectady-Troy, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $51,860, while highly experienced professionals can command wages upwards of $97,800.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $51,860 | $24.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $61,208 | $29.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $90,140 | $43.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $102,013 | $49 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $97,800 | $47 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$81,610
Gross Pay
Real Wage (Purchasing Power)
$81,610
Adjusted for COL (100)
In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $81,610 to $81,610.
Job Market Context
70
Total Jobs
0.163
Per 1K Jobs
0.46
Location Quotient
At 0.46x, Albany-Schenectady-Troy, NY has a notably lower concentration of Tool and Die Makers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
70 people work as Tool and Die Makers in Albany-Schenectady-Troy, NY.
Only 0.163 out of every 1,000 local jobs are Tool and Die Makers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Tool and Die Makers
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Tool and Die Makers Salary | $65,680↓ 20% | 31 mi |
| Southwest New York nonmetropolitan area Tool and Die Makers Salary | $61,820↓ 24% | 68 mi |
| Central East New York nonmetropolitan area Tool and Die Makers Salary | $65,140↓ 20% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Albany-Schenectady-Troy, NY?
The median annual salary for a Tool and Die Makers in Albany-Schenectady-Troy, NY is $81,610. This typically ranges from $51,860 for entry-level positions to $97,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 25.6% higher than the national median of $65,000.
Is Albany-Schenectady-Troy, NY a good place for Tool and Die Makerss?
Yes, Albany-Schenectady-Troy, NY is financially attractive for Tool and Die Makerss. The average salary of $81,610 exceeds the national average. See distinct detailed breakdown below.
Is Albany-Schenectady-Troy, NY a good place to live for Tool and Die Makers?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Pittsfield, MA ($65,680) and Southwest New York nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.163 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Tool and Die Makers • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY