SalaryNode

Average Coin, Vending, and Amusement Machine Servicers and Repairers Salary in Florida

Coin, Vending, and Amusement Machine Servicers and Repairers in Florida earn an average annual salary of $47,370. This figure is slightly below the national average of $47,700, indicating a marginal difference in compensation within the Sunshine State. Local economic factors and the specific demand for these specialized services likely influence this pay rate.

Executive Summary

  • Average Salary: $47,370 per year.
  • Growth Trend: Salaries have shifted 53.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,470.
  • Outlook: With a local workforce of 1,520 individuals, the market for Coin, Vending, and Amusement Machine Servicers and Repairers in Florida is moderately sized. The Location Quotient of 0.84 suggests a concentration slightly below the national average, implying a stable but not exceptionally high demand for these professionals relative to other occupations in the state.
2024 Market Data

Salary Overview

$47,370

The average Coin, Vending, and Amusement Machine Servicers and Repairers in Florida earns-0.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$911

Monthly

$3,948

Coin, Vending, and Amusement Machine Servicers and Repairers Salary Distribution in Florida

Career progression for Coin, Vending, and Amusement Machine Servicers and Repairers typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles, reflecting increased expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$30,660$14.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,528$17.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,710$22.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$59,213$28.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$60,470$29.1

Detailed Coin, Vending, and Amusement Machine Servicers and Repairers Market Analysis

Relocation Context

Nominal Salary

$47,370

Gross Pay

Real Wage (Purchasing Power)

$46,305

Adjusted for COL (102.3)

The average annual salary of $47,370 in Florida needs to be viewed in the context of its Cost of Living Index of 102.3. This index, slightly above the national average, suggests that while the nominal salary is competitive, the purchasing power may be marginally reduced compared to areas with a lower cost of living.

Job Market Context

1,520

Total Jobs

0.155

Per 1K Jobs

0.84

Location Quotient

Below Average

Florida has 0.84x the national average concentration of Coin, Vending, and Amusement Machine Servicers and Repairers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.84 for Coin, Vending, and Amusement Machine Servicers and Repairers in Florida indicates that this profession is slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor experiencing exceptionally high demand, offering a balanced environment for job seekers and employers.

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 Florida?

The median annual salary for a Coin, Vending, and Amusement Machine Servicers and Repairers in Florida is $47,370. This typically ranges from $30,660 for entry-level positions to $60,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florida is 0.7% lower than the national median of $47,700.

Is Florida a lucrative place for Coin, Vending, and Amusement Machine Servicers and Repairerss?

Moderately so.The average salary of $47,370 is close to the national average, but the cost of living is slightly higher, balancing out the earning potential.

Is Florida a good place to live for Coin, Vending, and Amusement Machine Servicers and Repairers?

The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florida?

Some top paying nearby cities include Lakeland-Winter Haven, FL ($51,310) and Tampa-St. Petersburg-Clearwater, FL.

What is the average salary for this role in Florida?

The average annual salary for Coin, Vending, and Amusement Machine Servicers and Repairers in Florida is $47,370.

How does Florida's salary compare to the national average?

Florida's average salary of $47,370 is slightly lower than the national average of $47,700.

What is the cost of living in Florida compared to the national average?

Florida's Cost of Living Index is 102.3, which is slightly above the national average of 100.

How concentrated is the job market for this role in Florida?

The job market concentration, indicated by a Location Quotient of 0.84, is slightly below the national average, suggesting a stable but not overly saturated market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,520 employees in the Florida area with a job density of 0.155 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.