The annual salary statistics of tool and die makers in Elkhart-Goshen, Indiana is shown in Table 1. The wage statistics of tool and die makers in Elkhart-Goshen 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 | $37,120 |
| 25th Percentile Wage | $47,610 |
| 50th Percentile Wage | $58,720 |
| 75th Percentile Wage | $68,160 |
| 90th Percentile Wage | $75,380 |
Table 1 shows the average annual salary for tool and die makers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,380. The median (50th percentile) annual salary is $58,720. The average annual salary for the bottom 10 percent earners is $37,120.
The table and chart below show the trend of the median salary of tool and die makers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $58,720 | 13.01% | 27.42% |
| 2021 | $51,080 | -15.84% | - |
| 2020 | $59,170 | 6.51% | - |
| 2019 | $55,320 | 6.16% | - |
| 2018 | $51,910 | 7.63% | - |
| 2017 | $47,950 | -4.53% | - |
| 2016 | $50,120 | -3.93% | - |
| 2015 | $52,090 | 6.51% | - |
| 2014 | $48,700 | 7.60% | - |
| 2013 | $45,000 | 5.29% | - |
| 2012 | $42,620 | - | - |
From Table 3 we note that the median annual salary of $58,720 in Elkhart-Goshen is in the middle of salary range for tool and die makers in state of Indiana. In comparison, the annual salary of tool and die makers in Elkhart-Goshen is 21.9 percent (21.9%) lower than that in the highest paying Kokomo and 19.1 percent (19.1%) higher than that in the lowest paying Gary.
| Cities/Areas | Median Annual Salary |
|---|---|
| Kokomo | |
| Southern Indiana nonmetropolitan area | |
| Bloomington | |
| Fort Wayne | |
| Michigan City-La Porte | |
| Central Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Columbus | |
| Lafayette | |
| Terre Haute | |
| Muncie | |
| Gary |