Average Tool and Die Makers Salary in Indiana
Tool and Die Makers in Indiana can expect an average annual salary of $65,230, a figure that aligns closely with the national average of $65,000. This strong compensation reflects the state's robust manufacturing sector and the specialized skills required for this critical trade, making Indiana a significant hub for these professionals.
Executive Summary
- Average Salary: $65,230 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,230.
- Outlook: With a local workforce of 3,580 Tool and Die Makers, Indiana demonstrates a substantial concentration of talent in this field. The Location Quotient of 3.14 significantly exceeds the national average, indicating a robust demand and a specialized market for these skilled tradespeople within the state's industrial landscape.
Salary Overview
The average Tool and Die Makers in Indiana earns+0.4%above the national average.
$31.4
$1,254
$5,436
Tool and Die Makers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tool and Die Maker salaries in Indiana have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing demand for precision manufacturing, technological advancements in tooling, and the ongoing need for experienced professionals to maintain and innovate production processes.
Tool and Die Makers Salary Distribution in Indiana
The career trajectory for Tool and Die Makers in Indiana typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, hone their skills in complex machining and design, and take on more challenging projects, their earning potential escalates, with senior roles commanding top-tier compensation reflecting their advanced capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $44,590 | $21.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $48,923 | $23.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $63,590 | $30.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $81,538 | $39.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,230 | $42.9 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$65,230
Gross Pay
Real Wage (Purchasing Power)
$72,478
Adjusted for COL (90)
The average annual salary of $65,230 in Indiana presents a favorable financial standing when considered against the state's Cost of Living Index of 90. This index, which is below the national average of 100, suggests that the nominal salary offers a strong purchasing power, allowing Tool and Die Makers to enjoy a comfortable lifestyle relative to national benchmarks.
Job Market Context
3,580
Total Jobs
1.124
Per 1K Jobs
3.14
Location Quotient
Indiana has 3.1x 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.
Indiana's Location Quotient of 3.14 for Tool and Die Makers is exceptionally high, signifying a market where this profession is more than three times as concentrated as the national average. This indicates a highly specialized and potentially competitive job market, where employers actively seek out and value the specialized skills that these professionals bring to the state's manufacturing ecosystem.
Nearby Job Markets
Nearby Cities for Tool and Die Makers
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Tool and Die Makers Salary | $63,840↓ 2% | 8 mi |
| Columbus, IN Tool and Die Makers Salary | $63,490↓ 3% | 48 mi |
| Lafayette-West Lafayette, IN Tool and Die Makers Salary | $65,990↑ 1% | 50 mi |
Comparing salaries near Indiana
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Indiana?
The median annual salary for a Tool and Die Makers in Indiana is $65,230. This typically ranges from $44,590 for entry-level positions to $89,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 0.4% higher than the national median of $65,000.
Is Indiana a lucrative place for Tool and Die Makerss?
Yes, Indiana offers a lucrative environment for Tool and Die Makers.The average salary is on par with the national average, and the significantly lower cost of living enhances purchasing power. Furthermore, a high concentration of these jobs suggests strong local demand.
Is Indiana a good place to live for Tool and Die Makers?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($63,840) and Columbus, IN.
How does Indiana's concentration of Tool and Die Makers compare nationally?
Indiana's concentration, measured by a Location Quotient of 3.14, is substantially higher than the national average, indicating a specialized and robust market for these professionals within the state.
What is the purchasing power of a Tool and Die Maker's salary in Indiana?
With an average salary of $65,230 and a Cost of Living Index of 90, Tool and Die Makers in Indiana benefit from strong purchasing power, as the cost of goods and services is below the national average.
How many Tool and Die Makers are employed in Indiana?
Indiana employs a significant workforce of 3,580 Tool and Die Makers, contributing to the state's strong presence in the manufacturing sector.
Are there many job opportunities for Tool and Die Makers in Indiana?
The high Location Quotient suggests a strong demand and a concentrated market for Tool and Die Makers in Indiana, indicating ample opportunities for skilled professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,580 employees in the Indiana area with a job density of 1.124 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 Indiana