Salary data is based on the Dallas-Fort Worth-Arlington, TX metropolitan area and applied to Richardson using local cost-of-living adjustments.

Forging Machine Setters Salaries in Richardson, TX

Average Base Pay

$44,870/yr

10% below national average

Monthly

$3,739

Hourly

$22

Cost Index

102

Forging Machine Setters in Richardson, TX earn an average of $44,870 per year, with most salaries falling between $35,896 and $53,844 depending on experience, employer, and specialization. At 10% below the national average, Richardson offers a more modest rate for this role, in part reflecting a local cost of living index of 102. For professionals evaluating a move or negotiating an offer, the headline salary is only part of the picture—what matters most is how far that income actually goes once taxes, rent, and daily expenses are factored in. The sections below break that down in full for Richardson.

Salary Range

The chart below shows the full compensation spectrum for this role, from entry-level to senior positions. The highlighted center bars represent the 25th–75th percentile band where most professionals are paid.

$34K
Low

$45K
Median

$56K
High

25th percentile: $38K75th percentile: $52K

About Forging Machine Setters

Manufacturing Engineers develop, implement, and improve manufacturing processes that transform raw materials and components into finished products efficiently, safely, and to quality standards. They design and commission production lines, select manufacturing equipment, develop process parameters and work instructions, and troubleshoot production problems. In new product introduction, manufacturing engineers collaborate with product design teams from early development to ensure that product designs are manufacturable—flagging design features that are difficult or costly to produce and proposing design changes that improve producibility. They conduct process validation studies demonstrating that processes consistently produce output within specifications, write manufacturing process documentation, and develop operator training materials. Process improvement is continuous: manufacturing engineers collect and analyze production data, identify sources of scrap, yield loss, and cycle time inefficiency, and implement lean manufacturing improvements including 5S, standardized work, and error-proofing (poka-yoke). In regulated industries such as medical devices or pharmaceuticals, they manage process validation per FDA and ISO requirements.

What Forging Machine Setters Do

Design and implement manufacturing processes for new or existing products
Select, specify, and commission manufacturing equipment and tooling
Develop process parameters, work instructions, and operator training materials
Conduct process capability studies and manufacturing process validation
Troubleshoot production quality and efficiency problems
Collaborate with product design on design for manufacturability
Lead lean manufacturing improvement projects (5S, kaizen, standard work)
Manage process documentation and engineering change control

Key Skills & Qualifications

Manufacturing process design and optimization
CAD software for fixture and tooling design
Statistical process control (SPC) and process capability analysis
Lean manufacturing tools (5S, Kanban, SMED, poka-yoke)
Design for manufacturability and assembly (DFM/DFA)
Process validation methodology (IQ/OQ/PQ)
PLC and automation fundamentals
Engineering change management and document control

Career Path

Manufacturing Engineer I
Manufacturing Engineer II
Senior Manufacturing Engineer
Lead Manufacturing Engineer / Process Engineering Manager
Director of Manufacturing Engineering

Forging Machine Setters Market in Richardson, TX

Salary Competitiveness

Richardson currently pays 10% below the national median for Forging Machine Setters. This gap can reflect a lower regional cost base, thinner employer density, or a surplus of qualified candidates relative to open roles—factors worth factoring into any offer negotiation or relocation calculation.

Cost of Living Impact

Richardson sits close to the national cost average. Monthly essential expenses represent about 100% of take-home pay for this role—a midrange ratio that allows for modest savings and discretionary spending, provided housing costs remain stable.

Effective Purchasing Power

Despite a competitive gross salary, a Forging Machine Setters earning $44,870 in Richardson operates in a tight purchasing-power band once taxes and local cost of living are applied. Careful planning around housing, transportation, and discretionary spending is essential to avoid running negative disposable income month to month.

vs. National Avg

-10%

Cost Pressure

100%

Purchasing Power

Tight

Take-Home Pay Calculator

Enter any gross salary to see how federal and state taxes affect your actual take-home pay, broken down by year, month, and week. Results use an estimated effective tax rate of 27% based on this location and income level.

Annual Salary

Take-home (73%)Taxes (27%)

Annual Net

$32,755

Monthly

$2,730

Weekly

$630

Eff. Tax Rate

27%

A gross salary of $44,870 for a Forging Machine Setters in Richardson translates to roughly $2,730 in monthly take-home pay after estimated federal and state taxes. Set against monthly living costs of $2,727—covering housing, food, transportation, utilities, and healthcare—that leaves approximately $3 per month in disposable income. That margin, not the gross number, is what determines whether you can comfortably cover rent, build savings, and afford discretionary spending in Richardson's current market.

How far does this salary go in Richardson?

Cost of Living in Richardson

Estimated monthly expenses for a single person in Richardson, benchmarked against US regional price indices for housing, food, transportation, utilities, and healthcare.

Cost Index

102

Above Avg — US average is 100. Based on a single person (1-bed apartment).

🏠Housing / Rent$1,590/mo

🍔Food & Groceries$505/mo

🚗Transportation$135/mo

💡Utilities$185/mo

🏥Healthcare$312/mo

Monthly$2,727

Annual$32,724

Disposable Income$3

Financial Reality Check

This section compares estimated monthly take-home pay against typical living costs in Richardson to show your real disposable income—the amount remaining after essential bills are paid each month.

Monthly Take-Home

$2,730

Living Costs

$2,727

Disposable

Cost Index

102

Lifestyle

Tight

With a monthly take-home of $2,730, your estimated living costs in Richardson are $2,727 ($32,724/yr). This leaves $3 per month in disposable income, indicating a tight standard of living. Richardson's cost of living is 2% above the national average.

Overall, a Forging Machine Setters earning $44,870 in Richardson falls into a tight lifestyle tier and will need to budget carefully—essential costs consume a significant share of take-home pay, leaving limited room for savings or emergencies. With a cost index of 102, Richardson is 2% more expensive than the national average, which compresses real purchasing power. Regardless of tier, prioritizing retirement contributions, an emergency fund of three to six months' expenses, and incremental debt reduction will yield the greatest long-term financial stability—especially as living costs in Richardson continue to evolve.