Average Electric Motor, Power Tool, and Related Repairers Salary in New York
Electric Motor, Power Tool, and Related Repairers in New York earn an impressive average annual salary of $66,360, significantly surpassing the national average of $55,540. This elevated compensation is largely driven by New York's robust industrial sector and the specialized skills required for maintaining critical infrastructure and manufacturing equipment. The demand for these skilled professionals in a state with a high concentration of such industries naturally commands a premium.
Executive Summary
- Average Salary: $66,360 per year.
- Growth Trend: Salaries have shifted 51.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,760.
- Outlook: With a local workforce of 490 individuals and a Location Quotient of 0.48, the market for Electric Motor, Power Tool, and Related Repairers in New York indicates a specialized, though not overwhelmingly concentrated, demand. While the LQ suggests a slightly lower concentration than the national average, the absolute number of workers points to a stable and established presence of this profession within the state's economy, suggesting a consistent need for their services.
Salary Overview
The average Electric Motor, Power Tool, and Related Repairers in New York earns+19.5%above the national average.
$31.9
$1,276
$5,530
Electric Motor, Power Tool, and Related Repairers Salary Trends (2020-2024)
While specific historical data for this niche role is not provided, it is reasonable to assume a steady or upward trend in salaries for Electric Motor, Power Tool, and Related Repairers over the past four years. Factors such as inflation, increasing complexity of machinery, and a persistent need for skilled tradespeople generally contribute to salary growth in such technical fields, reflecting an ongoing demand for their expertise.
Electric Motor, Power Tool, and Related Repairers Salary Distribution in New York
Salary progression for Electric Motor, Power Tool, and Related Repairers in New York typically scales with experience and specialization. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive knowledge of complex systems and advanced diagnostic techniques can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $48,490 | $23.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $49,770 | $23.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $64,510 | $31 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $82,950 | $39.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $79,760 | $38.3 |
Detailed Electric Motor, Power Tool, and Related Repairers Market Analysis
Relocation Context
Nominal Salary
$66,360
Gross Pay
Real Wage (Purchasing Power)
$53,046
Adjusted for COL (125.1)
The average annual salary of $66,360 in New York for Electric Motor, Power Tool, and Related Repairers must be considered alongside the state's Cost of Living Index of 125.1. This index, which is 25.1% higher than the national average, means that while the nominal salary is attractive, the actual purchasing power of that income is reduced due to higher expenses for housing, goods, and services. Careful budgeting is essential for maximizing financial well-being in this high-cost state.
Job Market Context
490
Total Jobs
0.051
Per 1K Jobs
0.48
Location Quotient
At 0.48x, New York 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.
A Location Quotient of 0.48 indicates that Electric Motor, Power Tool, and Related Repairers are less concentrated in New York compared to the national average. This suggests that while the profession is present and valued, it may not be as dominant a sector as in other regions. This could imply a more specialized job market where skilled individuals might find fewer direct competitors but also potentially a more targeted search for opportunities.
Nearby Job Markets
Nearby Cities for Electric Motor, Power Tool, and Related Repairers
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY Electric Motor, Power Tool, and Related Repairers Salary | $58,860↓ 11% | 68 mi |
Comparing salaries near New York
Hiring Electric Motor, Power Tool, and Related Repairerss?
Frequently Asked Questions
How much does a Electric Motor, Power Tool, and Related Repairers make in New York?
The median annual salary for a Electric Motor, Power Tool, and Related Repairers in New York is $66,360. This typically ranges from $48,490 for entry-level positions to $79,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 19.5% higher than the national median of $55,540.
Is New York a lucrative place for Electric Motor, Power Tool, and Related Repairerss?
Yes, but with caveats due to cost of living.The average salary of $66,360 is substantially higher than the national average, indicating strong earning potential. However, New York's high cost of living (125.1) means that the real value of this salary is diminished compared to lower-cost areas.
Is New York a good place to live for Electric Motor, Power Tool, and Related 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 Albany-Schenectady-Troy, NY ($58,860) and others.
What is the average salary for an Electric Motor, Power Tool, and Related Repairer in New York?
The average annual salary for an Electric Motor, Power Tool, and Related Repairer in New York is $66,360.
How does New York's average salary compare to the national average?
New York's average salary of $66,360 is significantly higher than the national average of $55,540 for this profession.
What is the Cost of Living Index in New York for this profession?
The Cost of Living Index in New York relevant to this profession is 125.1, meaning it is 25.1% higher than the national average.
How concentrated is the job market for Electric Motor, Power Tool, and Related Repairers in New York?
The job market has a Location Quotient of 0.48, indicating it is less concentrated than the national average, suggesting a specialized rather than widespread presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the New York area with a job density of 0.051 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 York