Average Coin, Vending, and Amusement Machine Servicers and Repairers Salary in New York
Coin, Vending, and Amusement Machine Servicers and Repairers in New York earn an impressive average annual salary of $63,420, significantly surpassing the national average of $47,700. This elevated compensation is largely driven by New York's robust economy and the specialized nature of maintaining complex machinery in a high-demand urban environment.
Executive Summary
- Average Salary: $63,420 per year.
- Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $91,580.
- Outlook: With a local workforce of 1,580 individuals, the market for Coin, Vending, and Amusement Machine Servicers and Repairers in New York demonstrates a stable presence. The Location Quotient of 0.9 suggests a concentration slightly below the national average, indicating a healthy, non-oversaturated job market where skilled professionals are consistently needed.
Salary Overview
The average Coin, Vending, and Amusement Machine Servicers and Repairers in New York earns+33.0%above the national average.
$30.5
$1,220
$5,285
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Coin, Vending, and Amusement Machine Servicers and Repairers in New York have seen consistent growth over the past four years, mirroring broader economic trends and the increasing complexity of the machines they service. This upward trajectory reflects both inflation and a growing demand for specialized technical skills.
Coin, Vending, and Amusement Machine Servicers and Repairers Salary Distribution in New York
Career progression for Coin, Vending, and Amusement Machine Servicers and Repairers in New York typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior technicians with extensive knowledge of diagnostics, repair, and maintenance can command salaries well above the average, reflecting their expertise and value.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,500 | $19 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,565 | $22.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,440 | $28.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $79,275 | $38.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $91,580 | $44 |
Detailed Coin, Vending, and Amusement Machine Servicers and Repairers Market Analysis
Relocation Context
Nominal Salary
$63,420
Gross Pay
Real Wage (Purchasing Power)
$50,695
Adjusted for COL (125.1)
The average annual salary of $63,420 in New York presents a mixed financial picture when considering the state's Cost of Living Index of 125.1. While the nominal salary is considerably higher than the national average, the elevated cost of living means that the purchasing power of this salary may be closer to, or even slightly less than, what a similar salary would provide in a lower-cost-of-living area.
Job Market Context
1,580
Total Jobs
0.166
Per 1K Jobs
0.9
Location Quotient
New York has 0.90x 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 0.9 indicates that Coin, Vending, and Amusement Machine Servicers and Repairers are employed in New York at a rate slightly below the national average relative to the overall workforce. This suggests a competitive market where demand is steady but not overwhelmingly high, offering opportunities for skilled individuals without excessive competition.
Nearby Job Markets
Nearby Cities for Coin, Vending, and Amusement Machine Servicers and Repairers
Comparing salaries near New York
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 York?
The median annual salary for a Coin, Vending, and Amusement Machine Servicers and Repairers in New York is $63,420. This typically ranges from $39,500 for entry-level positions to $91,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 33.0% higher than the national median of $47,700.
Is New York a lucrative place for Coin, Vending, and Amusement Machine Servicers and Repairerss?
Yes, with caveats.New York offers a significantly higher average salary compared to the national average. However, the high cost of living means that the real value of this salary requires careful financial planning.
Is New York a good place to live for Coin, Vending, and Amusement Machine Servicers and Repairers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($42,260) and Scranton--Wilkes-Barre, PA.
What is the average salary for this role in New York?
The average annual salary for Coin, Vending, and Amusement Machine Servicers and Repairers in New York is $63,420.
How does New York's salary compare to the national average?
The average salary in New York is approximately $15,720 higher than the national average of $47,700.
What is the concentration of this job in New York?
The Location Quotient is 0.9, indicating a concentration slightly below the national average.
How does the cost of living affect the salary in New York?
With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average, meaning the higher salary may not translate to proportionally higher disposable income.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,580 employees in the New York area with a job density of 0.166 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 York