The annual salary statistics of foundry mold and coremakers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of foundry mold and coremakers in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $30,870 |
| 25th Percentile Wage | $34,830 |
| 50th Percentile Wage | $39,200 |
| 75th Percentile Wage | $47,000 |
| 90th Percentile Wage | $55,470 |
Table 1 shows the average annual salary for foundry mold and coremakers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,470. The median (50th percentile) annual salary is $39,200. The average annual salary for the bottom 10 percent earners is $30,870.
The table and chart below show the trend of the median salary of foundry mold and coremakers from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 6-Year Growth |
|---|---|---|---|
| 2020 | $39,200 | -9.08% | 13.09% |
| 2018 | $42,760 | 18.03% | - |
| 2015 | $35,050 | 2.80% | - |
| 2014 | $34,070 | - | - |
From Table 3 we note that the median annual salary of $39,200 in Indianapolis-Carmel is in the middle of salary range for foundry mold and coremakers in state of Indiana. In comparison, the annual salary of foundry mold and coremakers in Indianapolis-Carmel is 14.4 percent (14.4%) lower than that in the highest paying Southern Indiana nonmetropolitan area and 20.2 percent (20.2%) higher than that in the lowest paying Columbus.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southern Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Muncie | |
| Elkhart-Goshen | |
| Central Indiana nonmetropolitan area | |
| Fort Wayne | |
| Columbus |