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Average Aircraft Mechanics and Service Technicians Salary in Indianapolis-Carmel-Greenwood, IN

Aircraft Mechanics and Service Technicians in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $66,840. This figure is notably below the national average of $81,590, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $66,840 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $89,090.
  • Outlook: With a local workforce of 760 Aircraft Mechanics and Service Technicians, the Indianapolis-Carmel-Greenwood, IN market demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.79 indicates a slightly lower concentration compared to the national average, suggesting that while there is a dedicated workforce, the demand may not be outpacing supply to the extent seen in more concentrated hubs.
2024 Market Data

Salary Overview

$66,840

The average Aircraft Mechanics and Service Technicians in Indianapolis-Carmel-Greenwood, IN earns-18.1%below the national average.

BreakdownBased on 40h/week
Hourly

$32.1

Weekly

$1,285

Monthly

$5,570

Aircraft Mechanics and Service Technicians Salary Distribution in Indianapolis-Carmel-Greenwood, IN

Salary progression for Aircraft Mechanics and Service Technicians typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized certifications and extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify career progression, rewarding accumulated knowledge, problem-solving abilities, and a proven track record of safety and efficiency.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,520$21.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$50,130$24.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$63,660$30.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$83,550$40.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$89,090$42.8

Detailed Aircraft Mechanics and Service Technicians Market Analysis

Relocation Context

Nominal Salary

$66,840

Gross Pay

Real Wage (Purchasing Power)

$66,840

Adjusted for COL (100)

The average annual salary of $66,840 in Indianapolis-Carmel-Greenwood, IN aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an Aircraft Mechanic's salary in this area is equivalent to the national average. While the nominal salary is lower than the national average for the profession, the cost of living does not present a disadvantage, making the take-home pay relatively stable in comparison to other regions.

Job Market Context

760

Total Jobs

0.697

Per 1K Jobs

0.79

Location Quotient

Below Average

Indianapolis-Carmel-Greenwood, IN has 0.79x the national average concentration of Aircraft Mechanics and Service Technicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.79 for Aircraft Mechanics and Service Technicians in Indianapolis-Carmel-Greenwood, IN indicates that this profession is slightly less concentrated than the national average. This suggests that while there is a consistent need for these skilled workers, the market is not saturated, and there may be opportunities for skilled professionals. It implies a balanced job market where demand is met by a steady supply of talent.

Nearby Job Markets

Nearby Cities for Aircraft Mechanics and Service Technicians

Comparing salaries near Indianapolis-Carmel-Greenwood, IN

Hiring Aircraft Mechanics and Service Technicianss?

Frequently Asked Questions

How much does a Aircraft Mechanics and Service Technicians make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Aircraft Mechanics and Service Technicians in Indianapolis-Carmel-Greenwood, IN is $66,840. This typically ranges from $44,520 for entry-level positions to $89,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 18.1% lower than the national median of $81,590.

Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Aircraft Mechanics and Service Technicianss?

No, but the cost of living is average.The average salary of $66,840 is below the national average, indicating it's not the most lucrative location. However, with a Cost of Living Index of 100, your earnings will have average purchasing power.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Aircraft Mechanics and Service Technicians?

The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($67,540) and Southern Indiana nonmetropolitan area.

How does the Indianapolis-Carmel-Greenwood, IN salary compare to the national average?

The average annual salary for Aircraft Mechanics and Service Technicians in Indianapolis-Carmel-Greenwood, IN is $66,840, which is lower than the national average of $81,590.

What is the Cost of Living in Indianapolis-Carmel-Greenwood, IN?

The Cost of Living Index for Indianapolis-Carmel-Greenwood, IN is 100, which is exactly the national average.

How concentrated is the Aircraft Mechanic job market in Indianapolis-Carmel-Greenwood, IN?

The job market is slightly less concentrated than the national average, with a Location Quotient of 0.79, indicating a stable but not overly saturated presence of these professionals.

What is the total number of Aircraft Mechanics and Service Technicians in the area?

There are approximately 760 Aircraft Mechanics and Service Technicians employed in the Indianapolis-Carmel-Greenwood, IN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.697 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.