According to the U.S. Bureau of Labor Statistics, the median hourly wage for a tool and die maker was $22.60 as of May 2012. This corresponds to a yearly salary of roughly $43,392.
The wages a tool and die maker earns can vary considerably depending on skill and experience level. In 2012, the bottom 10 percent of tool and die makers by wage earned less than $15.16 per hour, while the top 10 percent earned more than $33.44. Many tool and die makers learn their craft through apprenticeship programs in which they learn on the job and receive pay raises as they gain experience. Some learn their craft in technical schools or community colleges, but time is needed after completion of such programs to hone skills and gain experience.