As of August 01, 2026, the average salary for a Tool Maker IV in the United States is $78,790 per year, which breaks down to an hourly rate of $38.
However, a Tool Maker IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Tool 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 Tool 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 |
| Tool 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 Tool 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
|
$89,033 |
13%
|
|
Continuous Improvement
|
$86,669 |
10%
|
|
Flexibility
|
$85,881 |
9%
|
|
Injection Molding
|
$85,881 |
9%
|
|
Innovation
|
$85,881 |
9%
|
|
Manufacturing Engineering
|
$84,305 |
7%
|
Tool Maker IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $88,628. While startup companies pay approximate $74,930.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $74,930 |
| Growth Stage | 51~500 | $79,259 |
| Established | 501~5000 | $85,574 |
| Enterprise | 5000+ | $88,628 |
For Tool 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, Tool Maker positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Tool Maker IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $106,366 | $51.0 | 35% |
| Software & Networking | $98,488 | $47.0 | 25% |
| Insurance | $92,972 | $45.0 | 18% |
| Energy & Utilities | $89,821 | $43.0 | 14% |
| Aerospace & Defense | $88,245 | $42.0 | 12% |
Your level of education can impact your salary potential. While many Tool 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 Tool Maker IV with a High School Diploma or Technical Certificate is between $75,915 and $81,591).
Tool 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 Tool 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 Tool 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 Tool 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 Tool 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
|
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The Pharmaceuticals industry offers the highest average compensation for Tool Maker IV roles, with salaries approximately 35% above the market median.
As of now, the salary for a Tool Maker in the United States ranges from $72,590 to $92,290 annually, with a median salary of $82,890. This translates to approximately $34.92 to $44.39 per hour, or $1,304 to $1,774 per week. The monthly earnings range from $6,049 to $7,607.
There are currently an estimated 62,700 tool and die makers in the United States. The job market for tool and die makers is expected to shrink by -8.5% between 2022 and 2032. Salaries for this role range from a minimum of $72,590 to a maximum of $92,290, with a mid-salary of $82,890.
Toolmakers are expected to see steady demand, with around 35,400 job openings annually from 2023 to 2033. The salary range for toolmakers is competitive, with a minimum salary of $72,590, a mid-range salary of $82,890, and a maximum salary of $92,290, reflecting the skilled nature of the profession.
The highest salary for a Tool Maker is $92,290 annually. The average starting salary is approximately $82,890, while the minimum salary is $72,590. Typically, a Tool Maker requires at least one year of experience to reach these salary levels.
While high-paying jobs like Obstetricians and Anesthesiologists earn around $239,200, Tool Makers also have a competitive salary range. The minimum salary for a Tool Maker is $72,590, with a mid-range salary of $82,890 and a maximum of $92,290. This profession offers a solid income, making it a valuable career choice.
The salary for a Tool Maker ranges from $72,590 to $92,290 annually, with a median salary of $82,890. This reflects the compensation for Tool Maker positions across various locations and industries, indicating a competitive pay scale in the field.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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