SalaryNode

Average Tool and Die Makers Salary in Milwaukee-Waukesha, WI

Tool and Die Makers in the Milwaukee-Waukesha, WI area command an impressive average annual salary of $67,480. This figure notably surpasses the national average of $65,000, indicating a strong local demand and specialized skill appreciation within this region. The concentration of manufacturing and related industries in Milwaukee-Waukesha likely drives this elevated compensation.

Executive Summary

  • Average Salary: $67,480 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,170.
  • Outlook: With a local workforce of 1,060 Tool and Die Makers and a Location Quotient of 3.62, Milwaukee-Waukesha exhibits a significantly higher concentration of these professionals than the national average. This robust presence suggests a healthy and active job market, pointing to consistent demand and a stable environment for those in this skilled trade.
2024 Market Data

Salary Overview

$67,480

The average Tool and Die Makers in Milwaukee-Waukesha, WI earns+3.8%above the national average.

BreakdownBased on 40h/week
Hourly

$32.4

Weekly

$1,298

Monthly

$5,623

Tool and Die Makers Salary Distribution in Milwaukee-Waukesha, WI

Salary progression for Tool and Die Makers is typically tied to experience and specialization. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with expertise in complex die design, maintenance, and repair can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,190$21.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$50,610$24.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$67,500$32.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$84,350$40.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$84,170$40.5

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$67,480

Gross Pay

Real Wage (Purchasing Power)

$67,480

Adjusted for COL (100)

The average annual salary of $67,480 in Milwaukee-Waukesha aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Tool and Die Maker's salary in this area is equivalent to the national standard, offering a stable financial environment without the premium often associated with higher-than-average living expenses.

Job Market Context

1,060

Total Jobs

1.294

Per 1K Jobs

3.62

Location Quotient

Major Hub

Milwaukee-Waukesha, WI has 3.6x 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 3.62 for Tool and Die Makers in Milwaukee-Waukesha signifies a market that is more than three times as concentrated as the national average. This indicates a highly specialized and robust local industry for this trade, suggesting strong employer demand and a competitive environment for skilled professionals.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Milwaukee-Waukesha, WI

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Milwaukee-Waukesha, WI?

The median annual salary for a Tool and Die Makers in Milwaukee-Waukesha, WI is $67,480. This typically ranges from $44,190 for entry-level positions to $84,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Milwaukee-Waukesha, WI is 3.8% higher than the national median of $65,000.

Is Milwaukee-Waukesha, WI a lucrative place for Tool and Die Makers?

Yes, Milwaukee-Waukesha, WI is a lucrative location for Tool and Die Makers.The average salary of $67,480 significantly exceeds the national average, and the cost of living is on par with the national index, offering excellent purchasing power.

Is Milwaukee-Waukesha, WI a good place to live for Tool and Die Makers?

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

Where are the highest paying cities near Milwaukee-Waukesha, WI?

Some top paying nearby cities include Racine-Mount Pleasant, WI ($64,730) and Kenosha, WI.

How does the local job market compare nationally for Tool and Die Makers?

Milwaukee-Waukesha has a job market concentration 3.62 times the national average, indicating a significantly higher demand and presence of Tool and Die Makers compared to the rest of the country.

What is the typical salary range for Tool and Die Makers in Milwaukee-Waukesha?

While the average is $67,480, salaries can vary widely based on experience, skills, and employer. Entry-level positions will earn less, while senior or specialized roles can command higher compensation, potentially reaching into the upper percentiles.

Does the cost of living affect the value of a Tool and Die Maker's salary in Milwaukee-Waukesha?

No, the cost of living in Milwaukee-Waukesha is exactly at the national average (100). This means the $67,480 salary offers purchasing power equivalent to the national average, making it a financially stable location.

How many Tool and Die Makers are employed in the Milwaukee-Waukesha area?

There are approximately 1,060 Tool and Die Makers employed within the Milwaukee-Waukesha, WI region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,060 employees in the Milwaukee-Waukesha, WI area with a job density of 1.294 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.