The annual salary statistics of tool and die makers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of tool and die makers 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 | $39,650 |
| 25th Percentile Wage | $45,680 |
| 50th Percentile Wage | $58,630 |
| 75th Percentile Wage | $68,230 |
| 90th Percentile Wage | $83,510 |
Table 1 shows the average annual salary for tool and die makers 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 $83,510. The median (50th percentile) annual salary is $58,630. The average annual salary for the bottom 10 percent earners is $39,650.
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 | $58,630 | 15.42% | 25.89% |
| 2021 | $49,590 | 0.10% | - |
| 2020 | $49,540 | -0.95% | - |
| 2019 | $50,010 | 2.08% | - |
| 2018 | $48,970 | -7.09% | - |
| 2017 | $52,440 | 16.38% | - |
| 2016 | $43,850 | -2.21% | - |
| 2015 | $44,820 | 5.49% | - |
| 2014 | $42,360 | -3.87% | - |
| 2013 | $44,000 | 1.25% | - |
| 2012 | $43,450 | - | - |
From Table 3 we note that the median annual salary of $58,630 in Indianapolis-Carmel 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 Indianapolis-Carmel is 22.0 percent (22.0%) lower than that in the highest paying Kokomo and 18.9 percent (18.9%) 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 |