Average Tool and Die Makers Salary in Louisville/Jefferson County, KY-IN
Tool and Die Makers in Louisville/Jefferson County, KY-IN are earning an impressive average annual salary of $67,890, significantly surpassing the national average of $65,000. This localized premium is often driven by a strong industrial base and specialized manufacturing needs within the region, creating a demand that supports higher compensation for skilled trades.
Executive Summary
- Average Salary: $67,890 per year.
- Growth Trend: Salaries have shifted 9.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,820.
- Outlook: With a total local workforce of 620 individuals in this specialized field, Louisville/Jefferson County demonstrates a robust employment landscape for Tool and Die Makers. The high Location Quotient of 2.53 indicates a concentration of these roles significantly above the national norm, suggesting a strong and potentially growing demand for skilled professionals in this sector.
Salary Overview
The average Tool and Die Makers in Louisville/Jefferson County, KY-IN earns+4.4%above the national average.
$32.6
$1,306
$5,658
Tool and Die Makers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Tool and Die Maker salaries in Louisville/Jefferson County have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for precision manufacturing, and the need for specialized skills likely contribute to a positive salary trajectory for these professionals.
Tool and Die Makers Salary Distribution in Louisville/Jefferson County, KY-IN
The career path for Tool and Die Makers typically involves significant salary progression based on experience and skill specialization. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with expertise in complex tooling, die design, or advanced manufacturing techniques can command salaries in the upper percentiles, reflecting years of accumulated knowledge and problem-solving capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $46,710 | $22.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,918 | $24.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $71,570 | $34.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $84,863 | $40.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $82,820 | $39.8 |
Detailed Tool and Die Makers Market Analysis
Relocation Context
Nominal Salary
$67,890
Gross Pay
Real Wage (Purchasing Power)
$67,890
Adjusted for COL (100)
The average annual salary of $67,890 in Louisville/Jefferson County, KY-IN aligns perfectly with the national average cost of living, indicated by an 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 stable financial stability without the added pressure of a higher cost of living.
Job Market Context
620
Total Jobs
0.904
Per 1K Jobs
2.53
Location Quotient
Louisville/Jefferson County, KY-IN has 2.5x 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.
A Location Quotient of 2.53 for Tool and Die Makers in Louisville/Jefferson County, KY-IN signifies a highly concentrated job market. This indicates that the region has more than double the national average proportion of these specialized roles, suggesting a competitive environment for employers seeking talent but also a wealth of opportunities for skilled individuals already in or looking to enter the local workforce.
Nearby Job Markets
Nearby Cities for Tool and Die Makers
| City | Salary | Dist. |
|---|---|---|
| Columbus, IN Tool and Die Makers Salary | $63,490↓ 6% | 67 mi |
| Central Kentucky nonmetropolitan area Tool and Die Makers Salary | $59,540↓ 12% | 72 mi |
| South Central Kentucky nonmetropolitan area Tool and Die Makers Salary | $55,230↓ 19% | 72 mi |
| West Kentucky nonmetropolitan area Tool and Die Makers Salary | $57,960↓ 15% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Tool and Die Makerss?
Frequently Asked Questions
How much does a Tool and Die Makers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Tool and Die Makers in Louisville/Jefferson County, KY-IN is $67,890. This typically ranges from $46,710 for entry-level positions to $82,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 4.4% higher than the national median of $65,000.
Is Louisville/Jefferson County, KY-IN a lucrative place for Tool and Die Makers?
Yes, it is a lucrative place for Tool and Die Makers.The average salary is higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Louisville/Jefferson County, KY-IN a good place to live for Tool and Die Makers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Columbus, IN ($63,490) and Central Kentucky nonmetropolitan area.
How does the local salary compare to the national average?
Tool and Die Makers in Louisville/Jefferson County, KY-IN earn an average of $67,890 annually, which is higher than the national average of $65,000.
What is the concentration of Tool and Die Makers in Louisville/Jefferson County, KY-IN?
The concentration, measured by the Location Quotient, is 2.53, meaning the area has more than double the national average proportion of these jobs.
Does the cost of living affect the salary's value?
No, the cost of living in Louisville/Jefferson County, KY-IN is exactly at the national average (index 100), so the $67,890 salary holds its value effectively.
How many Tool and Die Makers are employed in this region?
There are approximately 620 Tool and Die Makers employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.904 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tool and Die Makers Salaries by State
Top Jobs in Louisville/Jefferson County, KY-IN
- All Occupations Salary in Louisville/Jefferson County, KY-IN
- Transportation and Material Moving Occupations Salary in Louisville/Jefferson County, KY-IN
- Office and Administrative Support Occupations Salary in Louisville/Jefferson County, KY-IN
- Production Occupations Salary in Louisville/Jefferson County, KY-IN
- Food Preparation and Serving Related Occupations Salary in Louisville/Jefferson County, KY-IN
- Sales and Related Occupations Salary in Louisville/Jefferson County, KY-IN
- Healthcare Practitioners and Technical Occupations Salary in Louisville/Jefferson County, KY-IN
- Management Occupations Salary in Louisville/Jefferson County, KY-IN
- Business and Financial Operations Occupations Salary in Louisville/Jefferson County, KY-IN
- Installation, Maintenance, and Repair Occupations Salary in Louisville/Jefferson County, KY-IN
- Browse All Jobs in Louisville/Jefferson County, KY-IN →
Semantic Salary Analysis for Tool and Die Makers • Data source: BLS OEWS 2024 •Jobs in Louisville/Jefferson County, KY-IN