SalaryNode

Average Tool and Die Makers Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Tool and Die Makers in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area earn an average annual salary of $69,040, which is notably higher than the national average of $65,000. This elevated compensation is often a reflection of the specialized skills required for this trade and the specific industrial demands within the region.

Executive Summary

  • Average Salary: $69,040 per year.
  • Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,670.
  • Outlook: With a local workforce of 540 Tool and Die Makers, the Philadelphia-Camden-Wilmington area demonstrates a stable, albeit not exceptionally concentrated, presence of these skilled professionals. The Location Quotient of 0.53 suggests that while the profession is present, it is less concentrated than the national average, indicating a potentially balanced job market where demand might be met by the existing workforce without significant oversupply.
2024 Market Data

Salary Overview

$69,040

The average Tool and Die Makers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+6.2%above the national average.

BreakdownBased on 40h/week
Hourly

$33.2

Weekly

$1,328

Monthly

$5,753

Tool and Die Makers Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

The career trajectory for Tool and Die Makers typically involves significant salary growth with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Tool and Die Makers, with extensive expertise and specialized certifications, can command salaries well above the average. The percentile gaps in salary distributions highlight these opportunities for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$46,790$22.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$51,780$24.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$66,020$31.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$86,300$41.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$102,670$49.4

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$69,040

Gross Pay

Real Wage (Purchasing Power)

$69,040

Adjusted for COL (100)

The average annual salary of $69,040 in Philadelphia-Camden-Wilmington 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 region is equivalent to the national average, offering a stable financial standing without the added pressure of a significantly higher cost of living.

Job Market Context

540

Total Jobs

0.189

Per 1K Jobs

0.53

Location Quotient

Below Average

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 0.53x the national average concentration of Tool and Die Makers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.53 indicates that Tool and Die Makers are less concentrated in the Philadelphia-Camden-Wilmington area compared to the national average. This suggests that while the profession is established, there isn't an overabundance of these specialists relative to other occupations, potentially leading to a competitive environment for employers seeking talent and good opportunities for skilled individuals.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

CitySalaryDist.
Allentown-Bethlehem-Easton, PA-NJ Tool and Die Makers Salary$58,920↓ 15%47 mi
Reading, PA Tool and Die Makers Salary$64,830↓ 6%48 mi

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Tool and Die Makers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $69,040. This typically ranges from $46,790 for entry-level positions to $102,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 6.2% higher than the national median of $65,000.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Tool and Die Makers?

Yes, it offers above-average compensation.Tool and Die Makers in this region earn $69,040 annually, surpassing the national average of $65,000. Coupled with a cost of living that matches the national average, this makes the area financially attractive for the profession.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Tool and Die Makers?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Allentown-Bethlehem-Easton, PA-NJ ($58,920) and Reading, PA.

How does the Philadelphia-Camden-Wilmington salary compare to the national average?

The average annual salary for Tool and Die Makers in Philadelphia-Camden-Wilmington is $69,040, which is $4,040 higher than the national average of $65,000.

What is the concentration of Tool and Die Makers in this region?

The Location Quotient is 0.53, meaning Tool and Die Makers are less concentrated in Philadelphia-Camden-Wilmington compared to the national average.

How does the cost of living affect the salary?

The cost of living in Philadelphia-Camden-Wilmington is 100, which is the national average. Therefore, the $69,040 salary has the same purchasing power as the national average salary.

What does the job market look like for Tool and Die Makers in this area?

With 540 local workers and a Location Quotient below 1.0, the market is present but not overly saturated, suggesting a balanced demand 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 540 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.189 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Semantic Salary Analysis for Tool and Die Makers • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD