Welder Salary in Greenwood, IN: $52,005 (2026)
Quick Answer:A full-time welder in Greenwood, IN earns a median $52,005/year (≈ $25.00/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 51-4121). Once you factor in Greenwood's price level (9% below national, BEA RPP 91.3), that paycheck buys what $56,961 would nationally. Nominal pay sits 0.8% above the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, welders in Greenwood, Indiana, can expect a median annual salary of $52,005, a figure that reflects a local market slightly below the national average of $55,895. The salary range for welders in the area spans from $38,509 at the lower end to $74,244 for those at the upper percentile. These estimates, derived from BLS state-level data and adjusted for regional cost considerations, point to a competitive landscape for welding professionals. Opportunities may vary significantly depending on the specific industries present in Greenwood, as well as the skillsets and certifications welders possess, including vital credentials such as AWS certifications.
About the Greenwood Market
Salary estimated from Indiana average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,509 | $18.51 |
| Lower Range (P25) | $45,289 | $21.78 |
| Median (P50)(typical) | $52,005 | $25.00 |
| Upper Range (P75) | $61,871 | $29.74 |
| Top Earners (P90) | $74,244 | $35.69 |
Median Salary Position
6.96% below the national average
2026 Salary Percentile Distribution in Greenwood
In Greenwood, IN, the welder salary spread from the 10th to 90th percentile is $35,735 (2026 est.). At $52,005, the local median is 6.96% below the national median of $55,895.
Salary Calculator
At 40 hours/week in Greenwood: You'd be in the lower-middle range
How Greenwood Welder Pay Compares
Greenwood median: $52,005/year (2026)
| Compared To | Median Salary | Greenwood Pays |
|---|---|---|
| Indiana Average | $51,593 | +0.80% more |
| National Average | $55,895 | -6.96% less |
Welders in Greenwood, IN earn a median of $52,005 per year (2026 est.), which is 6.96% lower than the national median of $55,895 and 0.80% above the Indiana state average of $51,593.
Cost-of-Living Adjusted Salary
Greenwood has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Greenwood, IN has a cost-of-living index of 91.3 (below the national average of 100). A welder earning $52,005 nominally has purchasing power equivalent to $56,961 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$39,533
2025 BLS Actual
$50,010
2026 Current Est.
$52,005
2019–2027 Growth
+36.8%
Salary Trajectory for Welders in Greenwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.99% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,533 | Actual |
| 2020 | $41,115 | Actual |
| 2021 | $43,739 | Actual |
| 2022 | $44,232 | Actual |
| 2023 | $45,535 | Actual |
| 2024 | $46,025 | Actual |
| 2025 | $50,010 | Actual |
| 2026(current) | $52,005 | Estimated |
| 2027 | $54,080 | Projected |
Based on 7 years of BLS OEWS data for the Greenwood metropolitan area, the median welder salary grew 26.5% from $39,533 (2019) to $50,010 (2025). At a 3.99% compound annual growth rate, salaries are projected to reach $54,080 by 2027 — a total increase of $14,547 (36.80%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Greenwood metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.99% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $38,509 – $45,289 |
| 3-5 years (Mid Career) | $45,289 – $52,005 |
| 5+ years (Experienced) | $52,005 – $61,871 |
| 10+ years (Top Earner) | $61,871 – $74,244 |
WLD salary ranges estimated from BLS percentile data. Individual welder compensation varies by employer, certifications, and specialization.
Welder Job Market in Greenwood
The local job market supports approximately 15 welders, which highlights a stable demand, though below the national average. An important factor to consider is the cost-of-living index in Greenwood, which stands at 91.3, suggesting a more affordable backdrop for residents compared to many other locations. This enhances the take-home purchasing power of welders, making the salary figures more appealing. Employers in Greenwood engaged in sectors like structural steel fabrication and oil and gas pipeline welding tend to offer more lucrative pay. Additionally, welders with specialized skills, such as 6G pipe certification or experience in the nuclear industry, can command higher wages. For those looking to maximize their earning potential in this market, pursuing advanced certifications, seeking mobile welding opportunities, or considering ownership of personal welding equipment can serve as effective strategies.
More salary data for Greenwood, IN:
Frequently Asked Questions
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Written by James Mendoza, AWS Certified Welder
Career Analyst
James has over 10 years of experience in welding. He specializes in MIG and TIG welding. He has worked in various manufacturing settings.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $50,010 for weldersin the Greenwood metropolitan area. A 3.99% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Greenwood is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.99%, derived from historical BLS wage trends for welders (SOC 51-4121).
Compiled and verified by James Mendoza, AWS Certified Welder, a licensed welder with 10+ years of clinical experience. · View source data at BLS.gov