Toolmakers in the United States are largely men, earning an average of $24.01 per hour. Total incomes of Toolmakers incorporate potential for, in a few cases, more than $3K from bonuses and close to $15K from profit sharing; these performance components cause packages to range between $37K and $75K. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most report receiving medical coverage from their employers and a majority collect dental insurance. The majority of Toolmakers claim high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
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$40,851 - $80,107
$41K
$62K
$80K
MEDIAN: $61,801
10%
50%
90%

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$16.17 - $30.73
$16
$24
$31
MEDIAN: $24.01
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$27K$54K$81K
Salary
$40,851 - $80,107  
   
Bonus
$402.68 - $3,109  
Profit Sharing
$515 - $14,544  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,051 - $75,131  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 48
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$16.17 - $30.73  
   
Overtime
$22.44 - $45.81  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$402.68 - $3,109  
   
Profit Sharing
$515 - $14,544  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,051 - $75,131  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 429

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Job Description for Toolmaker

Toolmakers are responsible for all aspects related to creating tools; this involves overseeing and implementing all steps in the process of efficiently producing usable tools. Toolmakers begin with the initial engineering design, mark raw material, and perform basic cutting. Then, they use machine tools to complete the rough outline of the product. Next, they use hand tools to provide proper finishing. Finally, they assemble and test the completed tool to ensure quality craftsmanship. Toolmakers are capable of producing unique custom tools, as well as modifying existing tools to meet specific manufacturing needs.

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Toolmaker Tasks

  • Read blueprints, design, maintain, and build gauges, tools, dies and other equipment.
  • Test equipment, validate that it meets specifications, and file, grind, and adjust parts as needed.
  • Inspect, troubleshoot, and repair tooling, dies, and equipment.
  • Calibrate, set up, and run machines and equipment.

Common Career Paths for Toolmaker


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Many Toolmakers move into a Tool Maker role, which does not lead to a big boost in pay. Tool Makers on average bring in a similar salary to Toolmakers. A lot of Toolmakers advance their careers by becoming Machinists and Prototype Machinists. However, those positions offer $13K less and $6K less per year on average.

Tool and Die Maker Job Listings

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Popular Skills for Toolmaker


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Engineering Design, Machine Programming, Manufacturing, toolmaker, and CAD/CAM are correlated to pay that is above average, with boosts between 4 percent and 15 percent. At the other end of the pay range are skills like Grinding Tools, CNC, and Mold Making. Most people skilled in CNC/NC are similarly competent in CAD/CAM. Those who learned Tools also tend to know Precision Machining.

Pay by Experience Level for Toolmaker

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Salaries for the relatively untried average out to around $41K, but survey participants with five to 10 years of experience earn a significantly higher median of $51K. The average pay reported by folks with 10 to 20 years of experience is around $55K. As Toolmakers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $60K.

Related Job Salaries

Key Stats for Toolmaker

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 64 votes.
059
Less than 1 year
1%
1-4 years
12%
5-9 years
11%
10-19 years
16%
20 years or more
60%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Toolmaker Salaries



National Average
$54,000



Skills That Affect Toolmaker Salaries

Engineering Design
up arrow 15%

Machine Programming, Manufacturing
up arrow 7%

toolmaker
up arrow 4%


CAD/CAM
up arrow 3%

up arrow 1%

National Average
$54,000

up arrow 1%

Mold Making
up arrow 7%

Grinding Tools
up arrow 8%

CNC
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 64 votes.

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
11%
10-19 years
16%
20 years or more
60%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 66%
vision benefits
Vision: 49%
dental benefits
None: 12%
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