SalaryNode

Average Tool and Die Makers Salary in Waterbury-Shelton, CT

Tool and Die Makers in the Waterbury-Shelton, CT area command an impressive average annual salary of $72,660. This figure significantly surpasses the national average of $65,000, indicating a strong local demand for these specialized skills. The robust pay in this region is likely influenced by the concentration of manufacturing industries and the specialized nature of tool and die work.

Executive Summary

  • Average Salary: $72,660 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,950.
  • Outlook: The Waterbury-Shelton, CT area presents a robust job market for Tool and Die Makers, evidenced by a substantial local workforce of 570 individuals. With a Location Quotient of 10.09, the concentration of these roles is exceptionally high compared to the national average, signaling strong and sustained demand for skilled professionals in this sector.
2024 Market Data

Salary Overview

$72,660

The average Tool and Die Makers in Waterbury-Shelton, CT earns+11.8%above the national average.

BreakdownBased on 40h/week
Hourly

$34.9

Weekly

$1,397

Monthly

$6,055

Tool and Die Makers Salary Distribution in Waterbury-Shelton, CT

The salary trajectory for Tool and Die Makers in Waterbury-Shelton, CT typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential associated with advancing through seniority and skill mastery.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$46,800$22.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$54,495$26.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$73,860$35.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$90,825$43.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$101,950$49

Detailed Tool and Die Makers Market Analysis

Relocation Context

Nominal Salary

$72,660

Gross Pay

Real Wage (Purchasing Power)

$72,660

Adjusted for COL (100)

For Tool and Die Makers considering a move to Waterbury-Shelton, CT, the nominal salary of $72,660 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national average, suggesting that the higher local wages effectively offset the cost of living, providing a stable financial standing.

Job Market Context

570

Total Jobs

3.607

Per 1K Jobs

10.09

Location Quotient

Major Hub

Waterbury-Shelton, CT has 10.1x 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 10.09 for Tool and Die Makers in Waterbury-Shelton, CT is exceptionally high, indicating a market that is significantly more concentrated with these professionals than the national average. This suggests a highly specialized and potentially competitive environment, where employers actively seek out this specific talent pool, and skilled individuals are in high demand.

Nearby Job Markets

Nearby Cities for Tool and Die Makers

Comparing salaries near Waterbury-Shelton, CT

Hiring Tool and Die Makerss?

Frequently Asked Questions

How much does a Tool and Die Makers make in Waterbury-Shelton, CT?

The median annual salary for a Tool and Die Makers in Waterbury-Shelton, CT is $72,660. This typically ranges from $46,800 for entry-level positions to $101,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 11.8% higher than the national median of $65,000.

Is Waterbury-Shelton, CT a lucrative place for Tool and Die Makers?

Yes, Waterbury-Shelton, CT is a highly lucrative location for Tool and Die Makers.Tool and Die Makers earn an average of $72,660 annually, significantly above the national average, and the local cost of living is on par with the national average, enhancing purchasing power.

Is Waterbury-Shelton, CT a good place to live for Tool and Die Makers?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($70,010) and New Haven, CT.

How does the local workforce size impact job availability for Tool and Die Makers in Waterbury-Shelton, CT?

A local workforce of 570 indicates a substantial presence of Tool and Die Makers, suggesting a stable job market with ongoing opportunities for both new entrants and experienced professionals.

What does a Location Quotient of 10.09 mean for Tool and Die Makers in Waterbury-Shelton, CT?

A Location Quotient of 10.09 signifies that Tool and Die Makers are over 10 times more concentrated in Waterbury-Shelton, CT than the national average, pointing to a specialized and robust local industry demand.

How does the Waterbury-Shelton, CT salary compare to the national average for Tool and Die Makers?

The average salary of $72,660 in Waterbury-Shelton, CT is notably higher than the national average of $65,000, offering a significant financial advantage to professionals in this region.

What is the cost of living impact on Tool and Die Maker salaries in Waterbury-Shelton, CT?

With a Cost of Living Index of 100, the national average, the $72,660 salary in Waterbury-Shelton, CT provides purchasing power equivalent to the national average, making it a financially stable location.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Waterbury-Shelton, CT area with a job density of 3.607 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.