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Average Tool and Die Makers Salary in Central Kentucky nonmetropolitan area

Tool and Die Makers in Central Kentucky's nonmetropolitan area can expect an average annual salary of $59,540. This figure is notably below the national average of $65,000, reflecting regional economic factors and the specific demand within this localized market. The concentration of manufacturing and the specialized nature of the trade in this area influence compensation levels.

Executive Summary

  • Average Salary: $59,540 per year.
  • Growth Trend: Salaries have shifted 3.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,430.
  • Outlook: The Central Kentucky nonmetropolitan area supports a dedicated workforce of 260 Tool and Die Makers. With a Location Quotient of 4.26, this region exhibits a significantly higher concentration of these skilled professionals compared to the national average, indicating a robust and specialized local demand for their expertise. The presence of 1.521 jobs per 1,000 workers further underscores the established presence and ongoing need for this critical trade within the local economy.
2024 Market Data

Salary Overview

$59,540

The average Tool and Die Makers in Central Kentucky nonmetropolitan area earns-8.4%below the national average.

BreakdownBased on 40h/week
Hourly

$28.6

Weekly

$1,145

Monthly

$4,962

Tool and Die Makers Salary Distribution in Central Kentucky nonmetropolitan area

The career trajectory for Tool and Die Makers in Central Kentucky typically involves significant salary progression based on 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 substantially higher salaries. The percentile gaps in earnings clearly signify the value placed on accumulated knowledge, advanced skills, and the ability to tackle complex tooling challenges.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,540$21.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,655$21.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$62,350$30
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$74,425$35.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$78,430$37.7

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$59,540

Gross Pay

Real Wage (Purchasing Power)

$59,540

Adjusted for COL (100)

The average annual salary of $59,540 in Central Kentucky's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Tool and Die Maker's salary in this region is equivalent to the national average, offering a stable financial standing relative to typical living expenses. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay maintains its value.

Job Market Context

260

Total Jobs

1.521

Per 1K Jobs

4.26

Location Quotient

Major Hub

Central Kentucky nonmetropolitan area has 4.3x 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 4.26 for Tool and Die Makers in Central Kentucky's nonmetropolitan area signifies a highly concentrated job market. This indicates that the region has a significantly larger proportion of these professionals than the national average, suggesting a strong and established demand for their specialized skills. While this concentration points to abundant opportunities, it also implies a potentially competitive environment for new entrants seeking to establish themselves in this niche.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Central Kentucky nonmetropolitan area?

The median annual salary for a Tool and Die Makers in Central Kentucky nonmetropolitan area is $59,540. This typically ranges from $44,540 for entry-level positions to $78,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 8.4% lower than the national median of $65,000.

Is Central Kentucky nonmetropolitan area a lucrative place for Tool and Die Makers?

No, but it offers stable purchasing power.The average salary is below the national average, but the cost of living is also at the national average, meaning your earnings hold their value.

Is Central Kentucky nonmetropolitan area a good place to live for Tool and Die Makers?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($74,640) and Louisville/Jefferson County, KY-IN.

How does the Central Kentucky salary compare to the national average?

The average salary for Tool and Die Makers in Central Kentucky is $59,540, which is lower than the national average of $65,000.

What is the concentration of Tool and Die Makers in this region?

Central Kentucky has a high concentration of Tool and Die Makers, with a Location Quotient of 4.26, indicating a significantly higher presence than the national average.

Does the cost of living affect the salary's value?

No, the Cost of Living Index is 100, which is the national average. This means the $59,540 salary has the same purchasing power as the national average salary.

How many Tool and Die Makers work in Central Kentucky?

There are approximately 260 Tool and Die Makers employed in the Central Kentucky 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 260 employees in the Central Kentucky nonmetropolitan area area with a job density of 1.521 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.