SalaryNode

Average Tool and Die Makers Salary in Providence-Warwick, RI-MA

Tool and Die Makers in the Providence-Warwick, RI-MA area earn an average annual salary of $64,920. This figure is remarkably aligned with the national average of $65,000, indicating a stable and competitive compensation landscape. Local economic factors and industry demand within the region contribute to this parity.

Executive Summary

  • Average Salary: $64,920 per year.
  • Growth Trend: Salaries have shifted 18.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,200.
  • Outlook: The Providence-Warwick area supports a dedicated workforce of 410 Tool and Die Makers. With a Location Quotient of 1.63, this region demonstrates a significantly higher concentration of these skilled professionals compared to the national average. This suggests a robust and established demand for their expertise within the local industrial ecosystem.
2024 Market Data

Salary Overview

$64,920

The average Tool and Die Makers in Providence-Warwick, RI-MA earns-0.1%below the national average.

BreakdownBased on 40h/week
Hourly

$31.2

Weekly

$1,248

Monthly

$5,410

Tool and Die Makers Salary Distribution in Providence-Warwick, RI-MA

The salary for Tool and Die Makers naturally scales with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command significantly higher compensation. The percentile gaps in salary distribution clearly signify the career progression and earning potential available as one advances in this specialized trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$47,000$22.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$48,690$23.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$64,740$31.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$81,150$39
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$80,200$38.6

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$64,920

Gross Pay

Real Wage (Purchasing Power)

$64,920

Adjusted for COL (100)

With an average annual salary of $64,920 and a Cost of Living Index of 100, the nominal earnings of Tool and Die Makers in Providence-Warwick, RI-MA are directly equivalent to the national average in terms of purchasing power. This means that the salary offers a standard level of affordability for goods and services within the region, without significant advantage or disadvantage compared to the national benchmark.

Job Market Context

410

Total Jobs

0.581

Per 1K Jobs

1.63

Location Quotient

Major Hub

Providence-Warwick, RI-MA has 1.6x 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.

The Location Quotient of 1.63 for Tool and Die Makers in Providence-Warwick strongly indicates a concentrated and specialized job market. This suggests that the region has a higher proportion of these roles than the national average, implying a potentially competitive environment for job seekers but also a strong presence of employers actively seeking this specific skill set.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Providence-Warwick, RI-MA

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Providence-Warwick, RI-MA?

The median annual salary for a Tool and Die Makers in Providence-Warwick, RI-MA is $64,920. This typically ranges from $47,000 for entry-level positions to $80,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 0.1% lower than the national median of $65,000.

Is Providence-Warwick, RI-MA a lucrative place for Tool and Die Makerss?

Yes, it is a competitive place for Tool and Die Makers.The average salary aligns with the national average, and the high concentration of professionals (LQ 1.63) indicates strong local demand for their specialized skills.

Is Providence-Warwick, RI-MA a good place to live for Tool and Die Makers?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Worcester, MA ($63,270) and Boston-Cambridge-Newton, MA-NH.

How does the Providence-Warwick salary compare to the national average?

The average annual salary for Tool and Die Makers in Providence-Warwick is $64,920, which is nearly identical to the national average of $65,000.

What does the Location Quotient of 1.63 mean for Tool and Die Makers?

A Location Quotient of 1.63 signifies that Tool and Die Makers are 63% more concentrated in the Providence-Warwick area than the national average, indicating a strong regional presence and demand.

Is the cost of living high in Providence-Warwick for Tool and Die Makers?

The Cost of Living Index for Providence-Warwick is 100, which is exactly the national average. Therefore, the $64,920 salary offers standard purchasing power.

How many Tool and Die Makers are employed in Providence-Warwick?

There are approximately 410 Tool and Die Makers employed in the Providence-Warwick, RI-MA area, representing 0.581 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Providence-Warwick, RI-MA area with a job density of 0.581 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.