Mold Designer Salary

Average Mold Designer Base Salary in the United States

Average Base Salary

$62,716 Per Year

Salary Range: $37,556 to $94,834

Mold Designer Salary

$37,556

10%

$46,916

25% 

$ 62,716

AVERAGE

$75,968

75%  

$94,834

90%  

How Much Does a Mold Designer Make Per Year in the United States?

The national average salary for a  Mold Designer is $62,716 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $62,716 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Technology Used

Microsoft Excel – Spreadsheet software

Microsoft PowerPoint – Presentation software

SAP business and customer relations management software – Enterprise resource planning ERP software

Microsoft Project – Project management software

Autodesk AutoCAD – Computer aided design CAD software

ESRI ArcGIS software – Geographic information system

Extensible markup language XML – Enterprise application integration software

Adobe Systems Adobe After Effects – Graphics or photo imaging software

Knowledge and Expertise

Design

Engineering and Technology

Mechanical

Mathematics

Physics

Computers and Electronics

Soft Skills

Reading Comprehension

Active Listening

Mathematics

Critical Thinking

Active Learning

Speaking

What is the salary range of a Mold Designer?

Mold Designer salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $62,716 but a Mold Designer can earn a base salary anywhere from $37,556 to $94,834 per year with some companies paying more than others.

Pay ranges on average for a Mold Designer job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for a Mold Designer?

The highest Mold Designer salaries in the top 10% earn more than $94,834 per year. The salary range for the top 75% – 90% is between and $75,968 and $94,834 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for a Mold Designer?

The lowest Mold Designer salaries are in the bottom 10% of earners who make less than $37,556 per year. The salary range for the lowest 10% – 25% is between $37,556 and $46,916 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for a Mold Designer?

If we only look at the data for Mold Designer salaries and we don’t compare it to any other jobs, a good salary for a Mold Designer job would be over $62,716 per year. This is the average salary for this position in the United States. An excellent pay for a Mold Designer would be anything over the top 75%, which is $75,968 annually.

How Can I Increase My Salary as a Mold Designer?

There are a few ways you can increase your average salary for a profession as a Mold Designer. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for a Mold Designer?

The top paying industries for a Mold Designer job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Professional, Scientific, and Technical Services
  • Architectural, Engineering, and Related Services
  • Engineering Services
  • Machinery Manufacturing
  • Finance and Insurance

Does a Mold Designer Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, a Mold Designer would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an Mold Designer, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does a Mold Designer make good money?

 In general, a Mold Designer can make a good salary. The national average salary is $52,632 annually which is less than the average Mold Designer salary, meaning most earn a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average Mold Designer pay is above the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 94,834 per year, while the lowest-paid income is less than 37,556 annually.

If you want to maximize your earnings as a Mold Designer, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a Mold Designer will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as a Mold Designer?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for a Mold Designer in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as a Mold Designer is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of a Mold Designer?

The money a Mold Designer can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much a Mold Designer earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.