SalaryNode

Average Tool and Die Makers Salary in Madison, WI

The average salary for a Tool and Die Makers in Madison, WI is $64,650. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $64,650 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,620.
  • Outlook: The current demand for Tool and Die Makerss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Madison, WI economy.
2024 Market Data

Salary Overview

$64,650

The average Tool and Die Makers in Madison, WI earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$31.1

Weekly

$1,243

Monthly

$5,388

Tool and Die Makers Salary Distribution in Madison, WI

The earning potential for Tool and Die Makerss in Madison, WI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $47,860, while highly experienced professionals can command wages upwards of $81,620.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$47,860$23
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$48,488$23.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$63,020$30.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$80,813$38.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$81,620$39.2

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$64,650

Gross Pay

Real Wage (Purchasing Power)

$64,650

Adjusted for COL (100)

In Madison, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $64,650 to $64,650.

Job Market Context

150

Total Jobs

0.364

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Madison, WI has a slightly higher-than-average concentration of Tool and Die Makers roles compared to the national norm.

150 people work as Tool and Die Makers in Madison, WI.

Only 0.364 out of every 1,000 local jobs are Tool and Die Makers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Madison, WI

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Madison, WI?

The median annual salary for a Tool and Die Makers in Madison, WI is $64,650. This typically ranges from $47,860 for entry-level positions to $81,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 0.5% lower than the national median of $65,000.

Is Madison, WI a good place for Tool and Die Makerss?

It depends on your priorities. While the average Tool and Die Makers salary in Madison, WI is $64,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Madison, WI. See distinct detailed breakdown below.

Is Madison, WI a good place to live for Tool and Die Makers?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($63,400) and Rockford, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Madison, WI area with a job density of 0.364 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.