Average Tool and Die Makers Salary in Central Indiana nonmetropolitan area
Tool and Die Makers in Central Indiana's nonmetropolitan areas earn an impressive average annual salary of $66,980, surpassing the national average of $65,000. This elevated compensation is likely driven by the specialized skills required for this trade and a localized demand that outstrips the general national trend. The concentration of these roles in the region suggests a strong need for skilled professionals in manufacturing and production.
Executive Summary
- Average Salary: $66,980 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,870.
- Outlook: The job market for Tool and Die Makers in Central Indiana's nonmetropolitan areas appears robust, underscored by a substantial local workforce of 290 professionals. The exceptionally high Location Quotient of 4.96 indicates a significantly higher concentration of these jobs compared to the national average, suggesting strong and sustained demand within the region's industrial landscape.
Salary Overview
The average Tool and Die Makers in Central Indiana nonmetropolitan area earns+3.0%above the national average.
$32.2
$1,288
$5,582
Tool and Die Makers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Tool and Die Makers in Central Indiana have mirrored national trends over the past four years, likely experiencing steady growth. Factors such as inflation, increasing demand for precision manufacturing, and the ongoing need for skilled tradespeople would typically contribute to a positive salary trajectory for this specialized profession.
Tool and Die Makers Salary Distribution in Central Indiana nonmetropolitan area
Salary progression for Tool and Die Makers is closely tied to experience and skill development. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise in complex tooling, design, and maintenance command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding those who advance their technical proficiencies and take on more challenging responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $47,060 | $22.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,235 | $24.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $64,140 | $30.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $83,725 | $40.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,870 | $40.8 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$66,980
Gross Pay
Real Wage (Purchasing Power)
$66,980
Adjusted for COL (100)
A nominal salary of $66,980 in Central Indiana's nonmetropolitan areas offers excellent purchasing power, as the local Cost of Living Index is exactly at the national average of 100. This means that the higher-than-average wages translate directly into a strong real income, allowing professionals to maintain or improve their standard of living without the added financial pressure often associated with higher living costs.
Job Market Context
290
Total Jobs
1.774
Per 1K Jobs
4.96
Location Quotient
Central Indiana nonmetropolitan area has 5.0x 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.
The Location Quotient of 4.96 for Tool and Die Makers in Central Indiana's nonmetropolitan areas signifies a highly concentrated job market. This indicates that the demand for these skilled professionals is nearly five times greater than the national average relative to the overall workforce, suggesting a competitive environment for employers seeking talent and a favorable landscape for job seekers.
Nearby Job Markets
Nearby Cities for Tool and Die Makers
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Tool and Die Makers Salary | $63,840↓ 5% | 8 mi |
| Columbus, IN Tool and Die Makers Salary | $63,490↓ 5% | 48 mi |
| Lafayette-West Lafayette, IN Tool and Die Makers Salary | $65,990↓ 1% | 50 mi |
Comparing salaries near Central Indiana nonmetropolitan area
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Central Indiana nonmetropolitan area?
The median annual salary for a Tool and Die Makers in Central Indiana nonmetropolitan area is $66,980. This typically ranges from $47,060 for entry-level positions to $84,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Indiana nonmetropolitan area is 3.0% higher than the national median of $65,000.
Is Central Indiana nonmetropolitan area a lucrative place for Tool and Die Makerss?
Yes, Central Indiana's nonmetropolitan areas offer a lucrative environment for Tool and Die Makers.Tool and Die Makers here earn above the national average salary, and the cost of living is on par with the national average, providing strong purchasing power.
Is Central Indiana nonmetropolitan area a good place to live for Tool and Die Makers?
The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($63,840) and Columbus, IN.
How does the local workforce size impact job availability?
A local workforce of 290 suggests a dedicated pool of talent, but the high Location Quotient indicates demand likely outstrips this supply, creating opportunities.
What does a Location Quotient of 4.96 mean for job seekers?
A Location Quotient of 4.96 means Tool and Die Maker jobs are significantly more concentrated in this region than nationally, indicating high demand and potentially more job openings.
How does the Cost of Living Index affect the Tool and Die Maker salary?
With a Cost of Living Index of 100, the national average, the $66,980 salary in Central Indiana provides excellent real value and purchasing power for residents.
Are there many jobs per 1,000 workers for Tool and Die Makers in this area?
With 1.774 jobs per 1,000 workers, this indicates a solid presence of Tool and Die Maker roles within the local economy, reflecting consistent industry needs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Central Indiana nonmetropolitan area area with a job density of 1.774 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 Central Indiana nonmetropolitan area