As of July 01, 2026, the average salary for a Tool Maker in New Mexico is $66,791 per year, which breaks down to an hourly rate of $32.
However, a Tool Maker's salary can vary significantly. Here’s a look at the typical salary range:
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Tool Maker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,379 | $5,948 | $1,373 | $34 |
| Average | $66,791 | $5,566 | $1,284 | $32 |
| 25th Percentile | $60,013 | $5,001 | $1,154 | $29 |
Focus Staff - BANGOR, ME
Focus Staff - PRESQUE ISLE, ME
Focus Staff - LEBANON, NH
Focus Staff - SHELTON, WA
A Tool Maker'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 Tool Maker'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 |
|---|---|
| Tool and ... Level Tool Maker | $45,806 |
| Tool and ... Level Tool Maker | $59,279 |
| Tool Make... Level Tool Maker | $66,454 |
| Tool and ... Level Tool Maker | $74,210 |
| Tool, Die... Level Tool Maker | $78,308 |
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 Makers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Tool Maker roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Energy & Utilities sectors offer the strongest compensation, at 30% above the average. In contrast, Tool Maker positions in Retail & Wholesale or Transportation typically offer lower base pay, as these industries often view Tool Maker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $86,829 | $42.0 | 30% |
| Energy & Utilities | $80,150 | $39.0 | 20% |
| Financial Services | $76,810 | $37.0 | 15% |
| Biotechnology | $73,471 | $35.0 | 10% |
| Aerospace & Defense | $70,131 | $34.0 | 5% |
Understanding how a Tool Maker'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $71,379 | $5,948 | $1,373 | $34 |
| Average | $66,791 | $5,566 | $1,284 | $32 |
| 25th Percentile | $60,013 | $5,001 | $1,154 | $29 |
Ready to take the next step in your career? Browse thousands of current Tool Maker job openings on our job board. Use the search bar below to find your perfect match.
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