In the Chicago-Naperville-Elgin, IL-IN metropolitan area, Coin, Vending, and Amusement Machine Servicers and Repairers earn an average annual salary of $44,140. This figure is slightly below the national average of $47,700, suggesting localized market dynamics and potentially different demand levels influence compensation in this region. The specific economic conditions and industry concentration within the Chicago area play a significant role in shaping this salary.
Executive Summary
- Average Salary: $44,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,110.
- Outlook: The job market for Coin, Vending, and Amusement Machine Servicers and Repairers in Chicago-Naperville-Elgin, IL-IN appears robust, with a total local workforce of 1,460 individuals. The Location Quotient of 1.78 indicates a significantly higher concentration of these roles compared to the national average, suggesting a strong and sustained demand for these specialized skills within the region.
Salary Overview
The average Coin, Vending, and Amusement Machine Servicers and Repairers in Chicago-Naperville-Elgin, IL-IN earns-7.5%below the national average.
$21.2
$849
$3,678
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Coin, Vending, and Amusement Machine Servicers and Repairers have seen a steady upward trend over the past four years, mirroring broader economic growth and inflation. This growth is likely driven by an increasing reliance on automated services and the need for skilled technicians to maintain complex machinery.
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Coin, Vending, and Amusement Machine Servicers and Repairers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior technicians with extensive knowledge and troubleshooting expertise can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $29,370 | $14.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,105 | $15.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,910 | $22.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $55,175 | $26.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $52,110 | $25.1 |
Detailed Coin, Vending, and Amusement Machine Servicers and Repairers Market Analysis
Relocation Context
Nominal Salary
$44,140
Gross Pay
Real Wage (Purchasing Power)
$44,140
Adjusted for COL (100)
The average annual salary of $44,140 in Chicago-Naperville-Elgin, IL-IN 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, indicating that while the nominal pay is slightly lower than the national average for the role, the cost of living does not present a disadvantage for residents.
Job Market Context
1,460
Total Jobs
0.327
Per 1K Jobs
1.78
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 1.8x the national concentration of Coin, Vending, and Amusement Machine Servicers and Repairers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.78, the Chicago-Naperville-Elgin, IL-IN area demonstrates a notably higher concentration of Coin, Vending, and Amusement Machine Servicers and Repairers than the national average. This suggests a competitive yet abundant job market, where employers actively seek these skilled professionals, and a substantial pool of talent exists to fill these specialized roles.
Nearby Job Markets
Hiring Coin, Vending, and Amusement Machine Servicers and Repairerss?
Frequently Asked Questions
How much does a Coin, Vending, and Amusement Machine Servicers and Repairers make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Coin, Vending, and Amusement Machine Servicers and Repairers in Chicago-Naperville-Elgin, IL-IN is $44,140. This typically ranges from $29,370 for entry-level positions to $52,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 7.5% lower than the national median of $47,700.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Coin, Vending, and Amusement Machine Servicers and Repairers?
Yes, it offers competitive compensation relative to the cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. Furthermore, the high concentration of these jobs indicates strong local demand.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Coin, Vending, and Amusement Machine Servicers and Repairers?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
How does the Chicago salary compare to the national average?
The average annual salary for Coin, Vending, and Amusement Machine Servicers and Repairers in Chicago-Naperville-Elgin, IL-IN is $44,140, which is approximately $3,560 less than the national average of $47,700.
What is the concentration of this job in Chicago?
The Chicago-Naperville-Elgin, IL-IN area has a Location Quotient of 1.78, meaning there are 78% more Coin, Vending, and Amusement Machine Servicers and Repairers employed per 1,000 workers than the national average.
How many of these jobs are there in Chicago?
There are approximately 1,460 Coin, Vending, and Amusement Machine Servicers and Repairers employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.
Does the cost of living affect the salary's value in Chicago?
No, the cost of living in Chicago-Naperville-Elgin, IL-IN is at the national average (100), meaning the $44,140 salary has the same purchasing power as the national average salary for this role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,460 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.327 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Coin, Vending, and Amusement Machine Servicers and Repairers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN