The average annual salaries for tool and die makers in the state of Indiana are shown in Table 1. The comparison of the salary statistics of tool and die makers amongst Indiana cities is shown in Table 2. The salary statistics are 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 | $38,900 |
| 25th Percentile Wage | $47,900 |
| 50th Percentile Wage | $61,040 |
| 75th Percentile Wage | $72,250 |
| 90th Percentile Wage | $79,540 |
Table 1 shows the average annual salary for tool and die makers in Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $79,540. The median (50th percentile) annual salary is $61,040. The average annual salary for the bottom 10 percent is $38,900.
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 | $61,040 | 4.18% | 26.72% |
| 2021 | $58,490 | 3.73% | - |
| 2020 | $56,310 | 4.49% | - |
| 2019 | $53,780 | 2.27% | - |
| 2018 | $52,560 | 3.20% | - |
| 2017 | $50,880 | 2.20% | - |
| 2016 | $49,760 | -2.79% | - |
| 2015 | $51,150 | 1.68% | - |
| 2014 | $50,290 | 5.01% | - |
| 2013 | $47,770 | 6.36% | - |
| 2012 | $44,730 | - | - |
Table 3 shows the median annual salary of tool and die makers in some Indiana cities and metropolitan areas. We note that the median annual salary of tool and die makers in state of Indiana ranges from $47,520 to $75,150. The highest paying area for tool and die makers in Indiana is Kokomo with a median annual salary of $75,150. The second highest paying city/area in Indiana State is Southern Indiana nonmetropolitan area (mean annual salary $63,930). The lowest paying area is Gary with a median annual salary of $47,520.