Average Electric Motor, Power Tool, and Related Repairers Salary in New Jersey
Electric Motor, Power Tool, and Related Repairers in New Jersey earn an average annual salary of $57,420, surpassing the national average of $55,540. This higher compensation is likely influenced by New Jersey's robust industrial sector and a higher cost of living, necessitating greater pay to attract and retain skilled technicians.
Executive Summary
- Average Salary: $57,420 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,330.
- Outlook: With a local workforce of 230 individuals, the market for Electric Motor, Power Tool, and Related Repairers in New Jersey presents a moderate employment landscape. The Location Quotient of 0.49 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while the profession is present, it's not disproportionately represented, implying a stable but not rapidly expanding demand.
Salary Overview
The average Electric Motor, Power Tool, and Related Repairers in New Jersey earns+3.4%above the national average.
$27.6
$1,104
$4,785
Electric Motor, Power Tool, and Related Repairers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electric Motor, Power Tool, and Related Repairers in New Jersey have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled trades, and advancements in technology requiring specialized repair knowledge.
Electric Motor, Power Tool, and Related Repairers Salary Distribution in New Jersey
Career progression for Electric Motor, Power Tool, and Related Repairers in New Jersey 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 specialized skills and years of experience can command salaries well above the average. The percentile gaps in earnings clearly signify this career trajectory and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,440 | $18 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,065 | $20.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $54,410 | $26.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $71,775 | $34.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $82,330 | $39.6 |
Detailed Electric Motor, Power Tool, and Related Repairers Market Analysis
Relocation Context
Nominal Salary
$57,420
Gross Pay
Real Wage (Purchasing Power)
$51,085
Adjusted for COL (112.4)
The average annual salary of $57,420 in New Jersey must be considered in light of the state's Cost of Living Index of 112.4. This index is 12.4% higher than the national average, meaning that while the nominal salary is higher than the national average, the purchasing power of that salary is somewhat diminished by the increased cost of goods and services in the state.
Job Market Context
230
Total Jobs
0.053
Per 1K Jobs
0.49
Location Quotient
At 0.49x, New Jersey has a notably lower concentration of Electric Motor, Power Tool, and Related Repairers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.49 for Electric Motor, Power Tool, and Related Repairers in New Jersey suggests that this profession is less concentrated in the state compared to the national average. This indicates that the job market may be less saturated, potentially offering more opportunities for skilled individuals to find employment, though it also implies a smaller overall pool of these specialized workers.
Nearby Job Markets
Nearby Cities for Electric Motor, Power Tool, and Related Repairers
Comparing salaries near New Jersey
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Frequently Asked Questions
How much does a Electric Motor, Power Tool, and Related Repairers make in New Jersey?
The median annual salary for a Electric Motor, Power Tool, and Related Repairers in New Jersey is $57,420. This typically ranges from $37,440 for entry-level positions to $82,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Jersey is 3.4% higher than the national median of $55,540.
Is New Jersey a lucrative place for Electric Motor, Power Tool, and Related Repairerss?
Yes, with caveats.New Jersey offers an average salary slightly above the national average, but the higher cost of living means the real purchasing power needs careful consideration.
Is New Jersey a good place to live for Electric Motor, Power Tool, and Related 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 ($66,340) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
What is the average salary for an Electric Motor, Power Tool, and Related Repairer in New Jersey?
The average annual salary for an Electric Motor, Power Tool, and Related Repairer in New Jersey is $57,420.
How does the New Jersey salary compare to the national average?
The average salary in New Jersey ($57,420) is higher than the national average ($55,540).
What is the Cost of Living Index in New Jersey?
New Jersey has a Cost of Living Index of 112.4, which is 12.4% higher than the national average.
How concentrated is the job market for this role in New Jersey?
The Location Quotient of 0.49 indicates that this role is less concentrated in New Jersey compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the New Jersey area with a job density of 0.053 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electric Motor, Power Tool, and Related Repairers • Data source: BLS OEWS 2024 •Jobs in New Jersey