As of August 01, 2026, the average salary for a Machine Shop Tool & Die Maker IV in the United States is $78,800 per year, which breaks down to an hourly rate of $38.
However, a Machine Shop Tool & Die Maker IV's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Smart Recruiting
A Machine Shop Tool & Die Maker IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of a Machine Shop Tool & Die Maker IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Machine Shop Tool & Die Maker II | 1-3 years | $62,929 |
| Machine Shop Tool & Die Maker III | 3-5 years | $70,547 |
| Machine Shop Tool & Die Maker IV | 5-7 years | $78,782 |
| Tool and Die Supervisor I | 7+ years | $83,138 |
| Tool and Die Supervisor II | 7+ years | $89,816 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Machine Shop Tool & Die Maker IVs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Troubleshooting | 5.56% |
| Repairing | 3.53% |
| Machine Controls | 1.79% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Process Improvement
|
$89,044 |
13%
|
|
Continuous Improvement
|
$86,680 |
10%
|
|
Flexibility
|
$85,892 |
9%
|
|
Injection Molding
|
$85,892 |
9%
|
|
Innovation
|
$85,892 |
9%
|
|
Manufacturing Engineering
|
$84,316 |
7%
|
Machine Shop Tool & Die Maker IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $88,640. While startup companies pay approximate $74,939.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $74,939 |
| Growth Stage | 51~500 | $79,269 |
| Established | 501~5000 | $85,585 |
| Enterprise | 5000+ | $88,640 |
For Machine Shop Tool & Die Maker IV roles, the industry you choose can affect earning potential by as much as 58% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Software & Networking sectors offer the strongest compensation, at 35% above the average. In contrast, Machine Shop Tool & Die Maker positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Machine Shop Tool & Die Maker IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $106,380 | $51.0 | 35% |
| Software & Networking | $98,500 | $47.0 | 25% |
| Insurance | $92,984 | $45.0 | 18% |
| Energy & Utilities | $89,832 | $43.0 | 14% |
| Aerospace & Defense | $88,256 | $42.0 | 12% |
Your level of education can impact your salary potential. While many Machine Shop Tool & Die Maker IVs enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Machine Shop Tool & Die Maker IV with a High School Diploma or Technical Certificate is between $75,925 and $81,601).
Machine Shop Tool & Die Maker IV Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 60.0% |
| High School | 60.0% |
| Associates | 37.1% |
| Bachelors | 1.4% |
| Masters | 1.4% |
| Doctorate | 0.0% |
Understanding how a Machine Shop Tool & Die Maker IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Machine Shop Tool & Die Maker IV, the most direct path to higher earnings is advancing to the Tool and Die Supervisor I role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $83,200 - a projected growth of 6% over your current level.
Salaries for a Machine Shop Tool & Die Maker IV can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $63,793 in 2023 to around $63,042 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Machine Shop Tool & Die Maker IV salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $63,793 |
| 2024 | $63,503 |
| 2025 | $63,042 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Machine Shop Tool & Die Maker IV and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Machine Shop Tool & Die Maker IV job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
The Pharmaceuticals industry offers the highest average compensation for Machine Shop Tool & Die Maker IV roles, with salaries approximately 35% above the market median.
Yes, tool and die makers are in demand due to the growing manufacturing sector. Their skills are essential for producing precision tools and components. The salary range for this profession typically falls between $72,600 and $92,300, with a median salary of around $82,900, reflecting the value and expertise required in this field.
The highest paying machining job is that of a Tool & Die Maker in a machine shop. The salary range for this position typically starts at $72,600, with a mid-level salary of $82,900, and can go up to a maximum of $92,300. This role requires specialized skills in creating and maintaining tools and dies used in manufacturing processes.
Becoming a tool and die maker typically requires long-term, on-the-job training lasting at least 1 year. Trainees usually work 40 hours per week while also attending evening technical classes. In terms of salary, tool and die makers can expect to earn between $72,600 and $92,300 annually, with a median salary of around $82,900.
The highest salary for a Tool & Die Maker is $92,300 per year. Salary estimates indicate a range from a minimum of $72,600 to a maximum of $92,300, with a mid-level salary of $82,900. These figures reflect the compensation for skilled professionals in the field.
A toolmaker is a professional who specializes in producing tools, often using advanced manufacturing equipment. This career offers competitive pay, with salaries ranging from $72,600 to $92,300, along with opportunities to contribute to innovations in construction and manufacturing. Overall, it can be a rewarding and stable career choice.
One of the highest paying machining jobs is a Tool & Die Maker, with a salary range of $72,600 to $92,300 per year. This role requires advanced skills in precision machining and tool design, making it a lucrative option in the machining industry. Other high-paying positions include Machine Shop Supervisor and Precision Machinist, but the Tool & Die Maker stands out for its earning potential.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
Salary.com's CompAnalyst platform offers:
