Average Tool and Die Makers Salary in Boston-Cambridge-Newton, MA-NH
Tool and Die Makers in the Boston-Cambridge-Newton, MA-NH metropolitan area command an impressive average annual salary of $74,350. This figure substantially surpasses the national average of $65,000, indicating a premium placed on specialized manufacturing skills within this dynamic region. The higher compensation is likely driven by the area's robust industrial base and the demand for precision manufacturing expertise.
Executive Summary
- Average Salary: $74,350 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,770.
- Outlook: With a local workforce of 350 Tool and Die Makers and a Location Quotient of 0.36, the job market in Boston-Cambridge-Newton, MA-NH, suggests a specialized but present demand for these skilled professionals. While not a dominant industry concentration compared to the national average, the existing workforce indicates ongoing opportunities and a stable need for experienced individuals in precision manufacturing roles.
Salary Overview
The average Tool and Die Makers in Boston-Cambridge-Newton, MA-NH earns+14.4%above the national average.
$35.7
$1,430
$6,196
Tool and Die Makers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tool and Die Makers in the Boston-Cambridge-Newton, MA-NH area have experienced steady growth over the past four years. Economic factors, inflation, and increasing demand for precision components likely contribute to a positive salary trend, mirroring broader trends in skilled trades.
Tool and Die Makers Salary Distribution in Boston-Cambridge-Newton, MA-NH
Salary progression for Tool and Die Makers typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential available to those who advance their skills and tenure in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $52,490 | $25.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $55,763 | $26.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $75,730 | $36.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $92,938 | $44.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $94,770 | $45.6 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$74,350
Gross Pay
Real Wage (Purchasing Power)
$74,350
Adjusted for COL (100)
The average annual salary of $74,350 in Boston-Cambridge-Newton, MA-NH aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly to purchasing power equivalent to the national standard, offering a stable financial footing for those considering relocation or residing in the area.
Job Market Context
350
Total Jobs
0.127
Per 1K Jobs
0.36
Location Quotient
At 0.36x, Boston-Cambridge-Newton, MA-NH 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.
A Location Quotient of 0.36 indicates that Tool and Die Maker roles are less concentrated in the Boston-Cambridge-Newton, MA-NH area compared to the national average. This suggests that while opportunities exist, the market may be less saturated, potentially leading to competitive hiring for skilled candidates. Employers might actively seek out specialized talent due to this lower concentration.
Nearby Job Markets
Nearby Cities for Tool and Die Makers
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Tool and Die Makers Salary | $63,270↓ 15% | 37 mi |
| Providence-Warwick, RI-MA Tool and Die Makers Salary | $64,920↓ 13% | 38 mi |
| Manchester-Nashua, NH Tool and Die Makers Salary | $68,570↓ 8% | 50 mi |
Comparing salaries near Boston-Cambridge-Newton, MA-NH
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Boston-Cambridge-Newton, MA-NH?
The median annual salary for a Tool and Die Makers in Boston-Cambridge-Newton, MA-NH is $74,350. This typically ranges from $52,490 for entry-level positions to $94,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boston-Cambridge-Newton, MA-NH is 14.4% higher than the national median of $65,000.
Is Boston-Cambridge-Newton, MA-NH a lucrative place for Tool and Die Makerss?
Yes, Boston-Cambridge-Newton, MA-NH offers a lucrative environment for Tool and Die Makers.The average salary of $74,350 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong purchasing power.
Is Boston-Cambridge-Newton, MA-NH a good place to live for Tool and Die Makers?
The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?
Some top paying nearby cities include Worcester, MA ($63,270) and Providence-Warwick, RI-MA.
How does the Boston-Cambridge-Newton, MA-NH salary compare to the national average?
Tool and Die Makers in Boston-Cambridge-Newton, MA-NH earn an average of $74,350, which is $9,350 higher than the national average of $65,000.
What is the concentration of Tool and Die Makers in this area?
The concentration, measured by the Location Quotient, is 0.36, meaning the presence of these jobs is below the national average concentration.
Does the cost of living affect the Tool and Die Maker salary in Boston?
The cost of living in Boston-Cambridge-Newton, MA-NH is at the national average (100), so the higher salary of $74,350 provides equivalent purchasing power to the national average salary in a lower cost-of-living area.
What does a Location Quotient of 0.36 imply for job seekers?
A Location Quotient below 1.0 suggests that the field is less concentrated locally than nationally, which could mean fewer job openings but potentially less competition for skilled individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 0.127 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 Boston-Cambridge-Newton, MA-NH