Toolmaker Salary (United States)

A sizeable majority of Toolmakers in the United States are men. In this role, average pay is around $22.59 per hour. A solid majority enjoy medical while more than half get dental coverage in this occupation. Vision coverage is also available to about a third. Job satisfaction for Toolmakers is high. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Toolmaker Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$42,294 - $81,892
(Median)
42K
54K
68K
82K
MEDIAN: $53,597
10%
50%
75%
90%
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Toolmaker Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$15.43 - $29.73
(Median)
15
19
23
26
30
MEDIAN: $22.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$42,294 - $81,892  
   
Bonus
$0.00 - $2,016  
Profit Sharing
$154.18 - $1,965  
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).
)
$35,890 - $71,829  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 33
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$15.43 - $29.73  
   
Overtime
$21.99 - $42.39  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $2,016  
   
Profit Sharing
$154.18 - $1,965  
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).
)
$35,890 - $71,829  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 334
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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
  • Inspect, troubleshoot, and repair tooling, dies, and equipment.
  • Calibrate, set up, and run machines and equipment.
  • 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.

Common Career Paths for Toolmaker

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Additional career progression does not lead to a big boost in pay for Toolmakers. At the upper end, those who move into a Prototype Machinist role will bring in a similar salary to their current position. Toolmakers most often move into positions as Tool Makers or Machinists, where they typically take pay cuts of $2,499 or $10,717 per year.

Toolmaker Job Listings

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Pay by Experience Level for Toolmaker

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Toolmakers with a lot of experience tend to enjoy higher salaries. Starting out, salaries are typically $34K, which grows to $45K after five to 10 years. After spending one to two decades on the job, pay usually hovers around $51K. The 20-year mark seems to bring slower salary growth, and Toolmakers at this tenure level tend to see their incomes plateau to $55K. Toolmakers with more than 20 years in the field are most commonly found while those with 10 to 20 years of experience are harder to spot. The rarest group is those with one to 10 years of experience.

Related Job Salaries

Experience Affects Toolmaker Salaries

Late-Career
up arrow 6%
Experienced
0%
National Average
$51,000
Mid-Career
up arrow 12%
Entry-Level
up arrow 34%

Skills That Affect Toolmaker Salaries

CNC/NC
up arrow 3%
National Average
$51,000
Tools
up arrow 2%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 59 votes.

Gender

Female
1%
female alumni
 
Male
99%
male alumni

Years of Experience

Less than 1 year
0%
1-4 years
9%
5-9 years
7%
10-19 years
23%
20 years or more
60%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 54%
vision benefits Vision: 34% employee benefits None: 18%
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