Toolmaker Salary

Toolmakers in the United States are largely men, earning an average of $23.33 per hour. With some bonuses approaching $2K and certain profit sharing proceeds approaching $11K, overall incomes of Toolmakers spread between $36K and $72K depending on individual performance. Location and experience level each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The majority of workers are highly satisfied with their job. The information for this snapshot was generated by responses to the PayScale salary survey.
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$37,313 - $77,869

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$16.01 - $30.56

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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$26K$52K$78K
Salary
$37,313 - $77,869  
   
Bonus
$0.00 - $2,027  
Profit Sharing
$148.99 - $10,766  
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).
)
$35,932 - $72,197  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 43
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$15$30$45
Hourly Rate
$16.01 - $30.56  
   
Overtime
$22.22 - $44.60  
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$30K$60K$90K
Bonus
$0.00 - $2,027  
   
Profit Sharing
$148.99 - $10,766  
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).
)
$35,932 - $72,197  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 453
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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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As Toolmakers make advancements in their career path, their salaries may not change right away. For example, the higher-level Prototype Machinist position pays around the same amount as the Toolmaker job on average. Toolmakers most often advance into Tool Maker and Machinist positions even though the median salaries are $4K lower and $12K lower, respectively.

Tool and Die Maker Job Listings

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Toolmakers note just a narrow range of job skills. Those who have experience with Precision Machining, CNC/NC, and Tools can expect to be compensated well for these skills. Aptitude in CNC/NC tends to also indicate an understanding of Tools.

Pay by Experience Level for Toolmaker

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


Toolmakers with a rich background of experience are typically rewarded with larger paychecks. Relatively untried employees who have less than five years' experience make $36K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $49K. Toolmakers see a median salary of $52K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $55K.

Toolmaker Advice

What do you wish you knew about your job when you first started out?

Toolmaker in Jackson:
"Pay attention."
Ask questions no matter how odd they seem and always watch close and learn from veteran toolmakers whenever possible.

Related Job Salaries

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Experience Affects Toolmaker Salaries


National Average
$52,000

Experienced
up arrow 1%

Mid-Career
up arrow 8%

Entry-Level
up arrow 32%

Skills That Affect Toolmaker Salaries

Precision Machining
up arrow 2%

CNC/NC
up arrow 1%

National Average
$52,000

Tools
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.

Years of Experience

Less than 1 year
0%
1-4 years
10%
5-9 years
7%
10-19 years
22%
20 years or more
60%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 60%
vision benefits Vision: 41% employee benefits None: 16%
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