SalaryNode

Average Aircraft Mechanics and Service Technicians Salary in Lexington-Fayette, KY

Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY earn an average annual salary of $62,940. This figure is notably below the national average of $81,590, suggesting localized market dynamics and potentially a different demand structure compared to other regions. Factors such as the concentration of aviation-related industries and the specific needs of local employers likely influence this pay scale.

Executive Summary

  • Average Salary: $62,940 per year.
  • Growth Trend: Salaries have shifted 9.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,920.
  • Outlook: The local workforce for Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY comprises 320 professionals. With a Location Quotient of 1.27, indicating a concentration 27% higher than the national average, there is a discernible demand for these skilled technicians within the region. This suggests a relatively robust job market, with more opportunities available locally than might be expected based on national workforce distribution.
2024 Market Data

Salary Overview

$62,940

The average Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY earns-22.9%below the national average.

BreakdownBased on 40h/week
Hourly

$30.3

Weekly

$1,210

Monthly

$5,245

Aircraft Mechanics and Service Technicians Salary Distribution in Lexington-Fayette, KY

Salary progression for Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY, like elsewhere, is typically tied to experience and specialization. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and certifications can command salaries significantly higher than the average. The gap between entry-level and senior-level salaries, often reflected in salary percentile distributions, signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$47,520$22.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$47,205$22.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$62,730$30.2
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$78,675$37.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$73,920$35.5

Detailed Aircraft Mechanics and Service Technicians Market Analysis

Relocation Context

Nominal Salary

$62,940

Gross Pay

Real Wage (Purchasing Power)

$62,940

Adjusted for COL (100)

The average annual salary of $62,940 for Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, making the nominal salary's value quite stable in terms of local affordability. Relocation to this area for this profession does not present an immediate cost-of-living advantage or disadvantage.

Job Market Context

320

Total Jobs

1.124

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Lexington-Fayette, KY has a slightly higher-than-average concentration of Aircraft Mechanics and Service Technicians roles compared to the national norm.

A Location Quotient of 1.27 for Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY signifies a higher concentration of these jobs relative to the national average. This suggests that the local market has a greater demand for these specialized skills than a typical U.S. metropolitan area. While not indicating extreme scarcity, it points to a healthy and somewhat competitive job market where skilled technicians are valued.

Nearby Job Markets

Nearby Cities for Aircraft Mechanics and Service Technicians

Comparing salaries near Lexington-Fayette, KY

Hiring Aircraft Mechanics and Service Technicianss?

Frequently Asked Questions

How much does a Aircraft Mechanics and Service Technicians make in Lexington-Fayette, KY?

The median annual salary for a Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY is $62,940. This typically ranges from $47,520 for entry-level positions to $73,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 22.9% lower than the national median of $81,590.

Is Lexington-Fayette, KY a lucrative place for Aircraft Mechanics and Service Technicianss?

No, not compared to the national average.While the cost of living is average, the average salary of $62,940 is significantly lower than the national average of $81,590. The higher concentration of jobs (LQ 1.27) indicates demand, but not necessarily higher pay.

Is Lexington-Fayette, KY a good place to live for Aircraft Mechanics and Service Technicians?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($63,390) and West Kentucky nonmetropolitan area.

What is the average salary for an Aircraft Mechanic in Lexington-Fayette, KY?

The average annual salary for Aircraft Mechanics and Service Technicians in Lexington-Fayette, KY is $62,940.

How does the Lexington-Fayette, KY salary compare to the national average?

The average salary in Lexington-Fayette, KY ($62,940) is lower than the national average salary of $81,590 for this profession.

Is the job market for Aircraft Mechanics strong in Lexington-Fayette, KY?

Yes, the job market shows a higher concentration of these roles than the national average, with a Location Quotient of 1.27, indicating good local demand.

How does the cost of living in Lexington-Fayette, KY affect the salary?

The cost of living in Lexington-Fayette, KY is at the national average (100), meaning the $62,940 salary has average purchasing power locally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Lexington-Fayette, KY area with a job density of 1.124 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.