Average Coin, Vending, and Amusement Machine Servicers and Repairers Salary in New Jersey
Coin, Vending, and Amusement Machine Servicers and Repairers in New Jersey earn an impressive average annual salary of $60,000, significantly outpacing the national average of $47,700. This higher compensation in New Jersey can be attributed to a combination of factors, including the state's robust economy and potentially higher operational costs for businesses that rely on these services.
Executive Summary
- Average Salary: $60,000 per year.
- Growth Trend: Salaries have shifted 29.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,520.
- Outlook: With a local workforce of 410 individuals and a Location Quotient of 0.53, the market for Coin, Vending, and Amusement Machine Servicers and Repairers in New Jersey indicates a specialized but present demand. While not as concentrated as the national average, the existence of this workforce suggests ongoing needs for maintenance and repair within the state's commercial and entertainment sectors.
Salary Overview
The average Coin, Vending, and Amusement Machine Servicers and Repairers in New Jersey earns+25.8%above the national average.
$28.9
$1,154
$5,000
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Trends (2020-2024)
While specific historical data for this niche role in New Jersey is not provided, it is reasonable to assume 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 conditions and inflation. Increased reliance on automated services and entertainment machines likely contributes to sustained or growing demand, supporting salary growth.
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Distribution in New Jersey
Career progression for Coin, Vending, and Amusement Machine Servicers and Repairers typically involves a salary scale that increases with experience. Entry-level positions may start closer to the lower end of the pay spectrum, while senior technicians with extensive knowledge of complex machinery and troubleshooting skills can command significantly higher salaries, often reaching into the upper percentiles of the pay range.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,970 | $17.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,000 | $21.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $61,650 | $29.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $75,000 | $36.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $81,520 | $39.2 |
Detailed Coin, Vending, and Amusement Machine Servicers and Repairers Market Analysis
Relocation Context
Nominal Salary
$60,000
Gross Pay
Real Wage (Purchasing Power)
$53,381
Adjusted for COL (112.4)
The average annual salary of $60,000 in New Jersey presents a moderate financial standing when considered against the state's Cost of Living Index of 112.4. While the salary is notably higher than the national average, the elevated cost of living means that the purchasing power of this income may be somewhat diminished compared to living in a more affordable region.
Job Market Context
410
Total Jobs
0.097
Per 1K Jobs
0.53
Location Quotient
New Jersey has 0.53x 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 0.53 suggests that Coin, Vending, and Amusement Machine Servicers and Repairers are less concentrated in New Jersey compared to the national average. This implies that while there is a market for these services, the job pool might be less saturated, potentially offering good opportunities for skilled individuals without intense competition from a large local talent base.
Nearby Job Markets
Nearby Cities for Coin, Vending, and Amusement Machine Servicers and Repairers
Comparing salaries near New Jersey
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 New Jersey?
The median annual salary for a Coin, Vending, and Amusement Machine Servicers and Repairers in New Jersey is $60,000. This typically ranges from $35,970 for entry-level positions to $81,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Jersey is 25.8% higher than the national median of $47,700.
Is New Jersey a lucrative place for Coin, Vending, and Amusement Machine Servicers and Repairerss?
Yes, New Jersey offers a lucrative environment for these professionals.The average salary of $60,000 significantly exceeds the national average, providing a strong income base despite a higher cost of living.
Is New Jersey a good place to live for Coin, Vending, and Amusement Machine Servicers and Repairers?
The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Jersey?
Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($69,820) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
What is the national average salary for this role?
The national average annual salary for Coin, Vending, and Amusement Machine Servicers and Repairers is approximately $47,700.
How does New Jersey's cost of living compare to the national average?
New Jersey's cost of living is 112.4, which is 12.4% higher than the national average of 100.
What does a Location Quotient of 0.53 mean?
A Location Quotient of 0.53 indicates that this profession is less concentrated in New Jersey compared to the national average, suggesting a potentially less competitive job market.
How many of these professionals work in New Jersey?
There are approximately 410 Coin, Vending, and Amusement Machine Servicers and Repairers employed in New Jersey.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the New Jersey area with a job density of 0.097 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 New Jersey