SOC 51-4071 · Waterloo-Cedar Falls, IA metro

Foundry Mold and Coremakers Salary in Waterloo, IA

The average salary for foundry mold and coremakers in Waterloo, Iowa is $54,010 a year ($25.97 an hour), according to BLS estimates for May 2025. The median is $54,920: half of the 80 people in this job in the Waterloo-Cedar Falls, IA metro area earn more than that, half earn less. That average is 8% more than the U.S. average for this job ($49,860).

$54,010average per year

$25.97 / hourMedian $54,920Take-home ≈ $44,136

  • $50K10th
  • $53K25th
  • $55KMedian
  • $55K75th
  • $55K90th

median average · bar = middle 50% of workers · how to read it

80people in this job
+8%vs U.S. average
#1 of 2Iowa metros
87cost of living (U.S. = 100)
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Foundry Mold and Coremakers pay range in Waterloo

New workers and the lowest-paid 10% earn about $50,460 a year or less, while the top 10% make $54,960 or more. The middle half of foundry mold and coremakers in Waterloo earn between $52,620 and $54,920.

  • $50K10th
  • $53K25th
  • $55KMedian
  • $55K75th
  • $55K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$54,010$4,501$25.97
Median$54,920$4,577$26.40
Entry level (25th percentile)$52,620$4,385$25.30
Experienced (75th percentile)$54,920$4,577$26.40

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Foundry Mold and Coremakers pay in Waterloo vs. Iowa and the U.S.

Foundry mold and coremakers in Waterloo earn 7% more than the Iowa average ($50,270) and 8% more than the U.S. average ($49,860). At the median the gap is +14% against the U.S. median of $48,110.

AreaAverageMedian10th pct.90th pct.Jobs
Waterloo$54,010$54,920$50,460$54,96080
Iowa$50,270$49,060$43,250$57,580480
United States$49,860$48,110$37,160$62,64012,790

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Foundry Mold and Coremakers salary after taxes in Waterloo

On the average salary of $54,010, a single filer in Waterloo takes home about $44,136 a year, or $3,678 a month and $1,698 every two weeks. Taxes take 18% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Iowa paycheck calculator: try your own salary

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Is Waterloo a good place for foundry mold and coremakers? Pay vs. cost of living

Prices in the Waterloo area are 13% below the U.S. average (BEA price parity 87.1), so the average $54,010 buys what about $62,040 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Waterloo ($47,430). A typical home costs $200,191, or 3.7 years of this average salary before tax.

See what $54,010 is worth in another city

Foundry Mold and Coremakers salary in other Iowa cities

Waterloo ranks 1st of 2 Iowa metro areas for this job, the best-paid in the state.

All Foundry Mold and Coremakers salaries in Iowa

Highest-paying cities for foundry mold and coremakers

Minneapolis, MN pays this job the most of the metro areas we cover ($63,610).

Foundry Mold and Coremakers salary by city

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Foundry Mold and Coremakers salary in Waterloo: questions

How much do foundry mold and coremakers make an hour in Waterloo?

$25.97 an hour on average, and $26.40 at the median (BLS, May 2025).

What is the entry-level foundry mold and coremakers salary in Waterloo?

The lowest-paid 10% earn about $50,460 a year and the 25th percentile is $52,620, a fair guide to starting pay.

What is the foundry mold and coremakers take-home pay in Waterloo?

About $44,136 a year ($3,678 a month) for a single filer on the average salary of $54,010. Iowa school district surtaxes (a percentage of state tax in some districts) are not included.

Do foundry mold and coremakers earn more in Waterloo than elsewhere?

The average here is 8% more than the U.S. average for this job ($49,860).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 51-4071; area Waterloo-Cedar Falls, IA (47940). Relative standard error of the mean wage: 0.5%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Iowa school district surtaxes (a percentage of state tax in some districts) are not included.
  • Job concentration: location quotient 10.98, this job is 11.0 times as concentrated as in the U.S. overall.

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