Average Tool and Die Makers Salary in Binghamton, NY
The average salary for a Tool and Die Makers in Binghamton, NY is $65,490. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Binghamton, NY is a key hub for this profession, with a job concentration 1.42x higher than average.
Executive Summary
- Average Salary: $65,490 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,270.
- Outlook: The current demand for Tool and Die Makerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
Salary Overview
The average Tool and Die Makers in Binghamton, NY earns+0.8%above the national average.
$31.5
$1,259
$5,458
Tool and Die Makers Salary Trends (2020-2024)
Over the past 4 years, Tool and Die Makers salaries in Binghamton, NY have experienced a rapid surge, growing by 20.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tool and Die Makers Salary Distribution in Binghamton, NY
The earning potential for Tool and Die Makerss in Binghamton, 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 $52,680, while highly experienced professionals can command wages upwards of $82,270.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $52,680 | $25.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $49,118 | $23.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $64,830 | $31.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $81,863 | $39.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $82,270 | $39.6 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$65,490
Gross Pay
Real Wage (Purchasing Power)
$65,490
Adjusted for COL (100)
In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $65,490 to $65,490.
Job Market Context
50
Total Jobs
0.506
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Binghamton, NY has a slightly higher-than-average concentration of Tool and Die Makers roles compared to the national norm.
50 people work as Tool and Die Makers in Binghamton, NY.
Only 0.506 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. |
|---|---|---|
| Ithaca, NY Tool and Die Makers Salary | $64,490↓ 2% | 39 mi |
| Elmira, NY Tool and Die Makers Salary | $59,680↓ 9% | 46 mi |
| Southwest New York nonmetropolitan area Tool and Die Makers Salary | $61,820↓ 6% | 49 mi |
| Central East New York nonmetropolitan area Tool and Die Makers Salary | $65,140↓ 1% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Binghamton, NY?
The median annual salary for a Tool and Die Makers in Binghamton, NY is $65,490. This typically ranges from $52,680 for entry-level positions to $82,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 0.8% higher than the national median of $65,000.
Is Binghamton, NY a good place for Tool and Die Makerss?
Yes, Binghamton, NY is an excellent location for Tool and Die Makerss. It offers both higher-than-average salaries ($65,490) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Binghamton, NY a good place to live for Tool and Die Makers?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($64,490) and Elmira, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Binghamton, NY area with a job density of 0.506 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 Binghamton, NY