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Average Tool and Die Makers Salary in Monroe, MI

The average salary for a Tool and Die Makers in Monroe, MI is $59,460. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Monroe, MI is a key hub for this profession, with a job concentration 7.74x higher than average.

Executive Summary

  • Average Salary: $59,460 per year.
  • Growth Trend: Salaries have shifted 5.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,760.
  • Outlook: The current demand for Tool and Die Makerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Monroe, MI economy.
2024 Market Data

Salary Overview

$59,460

The average Tool and Die Makers in Monroe, MI earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$28.6

Weekly

$1,143

Monthly

$4,955

Tool and Die Makers Salary Distribution in Monroe, MI

The earning potential for Tool and Die Makerss in Monroe, MI 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 $37,720, while highly experienced professionals can command wages upwards of $82,760.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,720$18.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,595$21.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$58,930$28.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$74,325$35.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$82,760$39.8

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$59,460

Gross Pay

Real Wage (Purchasing Power)

$59,460

Adjusted for COL (100)

In Monroe, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $59,460 to $59,460.

Job Market Context

110

Total Jobs

2.767

Per 1K Jobs

7.74

Location Quotient

Major Hub

Monroe, MI has 7.7x 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.

110 people work as Tool and Die Makers in Monroe, MI.

Moderate density — roughly 2.767 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Monroe, MI

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Monroe, MI?

The median annual salary for a Tool and Die Makers in Monroe, MI is $59,460. This typically ranges from $37,720 for entry-level positions to $82,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, MI is 8.5% lower than the national median of $65,000.

Is Monroe, MI a good place for Tool and Die Makerss?

Yes, Monroe, MI is highly recommended due to strong job demand. While salaries are competitive ($59,460), the area is particularly notable for its high job density for Tool and Die Makerss. See distinct detailed breakdown below.

Is Monroe, MI a good place to live for Tool and Die Makers?

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

Where are the highest paying cities near Monroe, MI?

Some top paying nearby cities include Toledo, OH ($66,610) and Ann Arbor, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Monroe, MI area with a job density of 2.767 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.