Tool and Die Maker Salary in Indianapolis, IN
Tool and Die Makers in the Indianapolis-Carmel-Greenwood, IN metro area earn a median $62,040 a year — 3% less than the national median. After 2026 taxes, that is $50,228 take-home, or $4,186 a month.
Take-home pay calculator
Pre-filled with the median tool and die maker salary in Indianapolis, IN. Enter your own offer to see your paycheck.
- Federal income tax$5,265
- Social Security (6.2%)$3,846
- Medicare (1.45%)$900
- Indiana income tax$1,801
- Take-home pay$50,228
Marginal rate: 12% federal + 2.95% state
Tool and Die Maker pay by experience in Indianapolis, IN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $41,300 | $19.86 | $34,176 | $2,848 |
| 25th percentile | $51,310 | $24.67 | $41,923 | $3,494 |
| Median (50th) | $62,040 | $29.83 | $50,228 | $4,186 |
| 75th percentile | $75,770 | $36.43 | $59,928 | $4,994 |
| 90th percentile (top earners) | $84,140 | $40.45 | $65,570 | $5,464 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Indiana resident, 2026 tax rules.
What $62,040 buys in Indianapolis, IN
Prices in Indianapolis, IN are 4.3% lower than the U.S. average (housing costs are 11% below the national average). Adjusted for local prices, a median tool and die maker's $50,228 take-home pay has the buying power of $52,488 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Indianapolis, IN has 1.4× the national concentration of tool and die maker jobs — a strong local market for this occupation.
Best-paying cities for tool and die makers, adjusted for cost of living
Indianapolis, IN ranks #18 of 24 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Seattle, WA | $116,850 | $91,034 | $81,914 |
| 2 | Wichita, KS | $83,890 | $63,965 | $71,915 |
| 3 | Kansas City, MO | $85,740 | $66,056 | $71,378 |
| 4 | Louisville, KY | $75,250 | $59,252 | $63,661 |
| 5 | Waterbury, CT | $76,420 | $59,963 | $60,097 |
| 6 | Toledo, OH | $66,630 | $54,654 | $59,761 |
| 7 | Nashville, TN | $69,210 | $57,519 | $59,706 |
| 8 | Hartford, CT | $78,060 | $61,027 | $59,396 |
| 18 | Indianapolis, IN | $62,040 | $50,228 | $52,488 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 24 metros →
Frequently asked questions
How much does a tool and die maker make in Indianapolis, IN?
The median tool and die maker salary in the Indianapolis-Carmel-Greenwood, IN metro area is $62,040 a year, or about $29.83 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $51,310 and $75,770.
What is a tool and die maker’s take-home pay in Indianapolis, IN?
On the median $62,040 salary, a single filer living in Indiana takes home about $50,228 a year ($4,186 a month) after federal tax, Social Security, Medicare and $1,801 in Indiana taxes in 2026.
Is Indianapolis, IN a good place to work as a tool and die maker?
Pay here is 3% below the national median of $64,050. Local prices are 4.3% below the U.S. average, so the take-home pay buys what $52,488 would in a typical U.S. city. Indianapolis, IN ranks #18 of 24 metro areas for cost-of-living-adjusted pay in this job.
Can a tool and die maker afford rent in Indianapolis, IN?
HUD’s fair market rent for a one-bedroom in Indianapolis, IN is $1,242 a month ($1,454 for two bedrooms) — 30% of a median tool and die maker’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Indianapolis, IN
- First-Line Supervisor of Production and Operating Workers — $76,080
- Chemical Equipment Operator and Tender — $61,020
- Water and Wastewater Treatment Plant and System Operator — $58,530
- Separating, Filtering, Clarifying, Precipitating, and Still Machine Setters, Operators, and Tenders — $57,890
- Structural Metal Fabricator and Fitter — $55,750
- Welders, Cutters, Solderers, and Brazers — $51,070
- Machinist — $50,610
- Paper Goods Machine Setters, Operators, and Tenders — $49,120
- Inspectors, Testers, Sorters, Samplers, and Weighers — $47,980
- Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic — $47,680
- Coating, Painting, and Spraying Machine Setters, Operators, and Tenders — $47,230
- Cabinetmaker and Bench Carpenter — $47,140