As of July 01, 2026, the average salary for a Mold Maker III in New Mexico is $53,683 per year, which breaks down to an hourly rate of $26.
However, a Mold Maker III's salary can vary significantly. Here’s a look at the typical salary range:
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A Mold Maker III'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, and company size can directly affect your earning potential.
Experience is a primary driver of a Mold Maker III'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:
| Levels | Salary |
|---|---|
| Entry Level Mold Maker III | $51,820 |
| Intermediate Level Mold Maker III | $52,130 |
| Senior Level Mold Maker III | $53,248 |
| Specialist Level Mold Maker III | $54,038 |
| Expert Level Mold Maker III | $54,223 |
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 Mold Maker IIIs. For example, consider the average annual salaries in these key locations:
Mold Maker III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $60,610. While startup companies pay approximate $51,341.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $51,341 |
| Growth Stage | 51~500 | $54,276 |
| Established | 501~5000 | $58,554 |
| Enterprise | 5000+ | $60,610 |
For Mold Maker III roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Energy & Utilities sectors offer the strongest compensation, at 60% above the average. In contrast, Mold Maker positions in MFG Nondurable or MFG Durable typically offer lower base pay, as these industries often view Mold Maker III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $85,892 | $41.0 | 60% |
| Energy & Utilities | $75,156 | $36.0 | 40% |
| Biotechnology | $69,787 | $34.0 | 30% |
| Aerospace & Defense | $64,419 | $31.0 | 20% |
Understanding how a Mold Maker III'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 July 01, 2026For a Mold Maker III, the most direct path to higher earnings is advancing to the Mold Maker IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $63,160 - a projected growth of 18% over your current level.
Ready to take the next step in your career? Browse thousands of current Mold Maker III job openings on our job board. Use the search bar below to find your perfect match.
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