Jewelry and Silverware Manufacturing — Average Employee Salary

The average employee in the jewelry and silverware manufacturing industry earns $59,693 per year ($28.70/hour), according to Bureau of Labor Statistics QCEW data.

$59,693
Avg Annual Pay
21,989
Total Employees
2,230
Total Establishments
10
Avg Employees/Business

What Do Jewelry and Silverware Manufacturing Workers Earn?

At $59,693/year (equivalent to $28.70/hour for a full-time worker), jewelry and silverware manufacturing wages are near the national average of ~$65,000.

The typical jewelry and silverware manufacturing business employs 10 people. These are mid-sized operations where payroll is a significant but manageable expense.

Wages as a Percentage of Revenue

23.1%

For the average jewelry and silverware manufacturing business generating $2.6M/year with 10 employees at $59,693 each, total payroll represents roughly 23.1% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.

What This Means for Business Owners

If you're starting or running a jewelry and silverware manufacturingbusiness, here's what the wage data means for your bottom line:

  • Per-employee cost: Budget approximately $77,601/year per employee (salary + ~30% for benefits, taxes, and insurance).
  • Typical team size: 10 employees = ~$596,930/year in base payroll.
  • Hourly equivalent: $28.70/hour base — factor this into pricing and project estimates.
  • Revenue needed: With average revenue of $2.6M/business, you need strong utilization rates to maintain healthy margins after payroll.

See how these wages compare to total revenue and profit margins.

View full Jewelry and Silverware Manufacturing revenue benchmarks →

Frequently Asked Questions

How much do jewelry and silverware manufacturing employees make?
The average jewelry and silverware manufacturing employee earns $59,693 per year, which is equivalent to $28.70/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
How many people work in the jewelry and silverware manufacturing industry?
The jewelry and silverware manufacturing industry employs 21,989 workers across 2,230 establishments in the United States. The average business in this industry has approximately 10 employees.

Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).