In Memphis, TN-MS-AR, Electrical and Electronics Repairers, Commercial and Industrial Equipment professionals earn an average annual salary of $59,780. This figure is notably below the national average of $71,580, suggesting that local market dynamics, such as industry demand and the specific economic landscape of the tri-state area, play a significant role in compensation levels.
Executive Summary
- Average Salary: $59,780 per year.
- Growth Trend: Salaries have shifted 3.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,820.
- Outlook: The Memphis, TN-MS-AR region supports a local workforce of 250 Electrical and Electronics Repairers, Commercial and Industrial Equipment professionals. With a Location Quotient of 1.02, the concentration of these jobs is slightly above the national average, indicating a stable, albeit not rapidly expanding, demand for these skilled technicians within the local economy.
Salary Overview
The average Electrical and Electronics Repairers, Commercial and Industrial Equipment in Memphis, TN-MS-AR earns-16.5%below the national average.
$28.7
$1,150
$4,982
Electrical and Electronics Repairers, Commercial and Industrial Equipment Salary Trends (2020-2024)
While specific historical data for this niche role in Memphis is not provided, it is reasonable to assume that salaries for Electrical and Electronics Repairers, Commercial and Industrial Equipment have seen a gradual upward trend over the past four years, mirroring general economic growth and inflation. This suggests a positive, albeit modest, trajectory for compensation in this field within the region.
Electrical and Electronics Repairers, Commercial and Industrial Equipment Salary Distribution in Memphis, TN-MS-AR
Career progression for Electrical and Electronics Repairers, Commercial and Industrial Equipment in Memphis, TN-MS-AR typically involves a salary scale that increases with experience. Entry-level positions may start at the lower end of the pay spectrum, while senior technicians with extensive expertise and specialized skills can command salaries significantly higher than the average, reflecting the value of their accumulated knowledge and problem-solving capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,850 | $18.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,835 | $21.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $60,480 | $29.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $74,725 | $35.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,820 | $40.8 |
Detailed Electrical and Electronics Repairers, Commercial and Industrial Equipment Market Analysis
Relocation Context
Nominal Salary
$59,780
Gross Pay
Real Wage (Purchasing Power)
$59,780
Adjusted for COL (100)
The average annual salary of $59,780 for Electrical and Electronics Repairers in Memphis, TN-MS-AR aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for residents without the added pressure of higher or lower living expenses.
Job Market Context
250
Total Jobs
0.398
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Electrical and Electronics Repairers, Commercial and Industrial Equipment roles compared to the national norm.
A Location Quotient of 1.02 for Electrical and Electronics Repairers, Commercial and Industrial Equipment in Memphis, TN-MS-AR signifies that the concentration of these jobs in the area is very close to the national average. This suggests a balanced job market where opportunities exist, but the field is not overly saturated, offering a competitive environment for both employers seeking talent and professionals seeking employment.
Nearby Job Markets
Nearby Cities for Electrical and Electronics Repairers, Commercial and Industrial Equipment
| City | Salary | Dist. |
|---|---|---|
| Jackson, TN Electrical and Electronics Repairers, Commercial and Industrial Equipment Salary | $69,230↑ 16% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Electrical and Electronics Repairers, Commercial and Industrial Equipments?
Frequently Asked Questions
How much does a Electrical and Electronics Repairers, Commercial and Industrial Equipment make in Memphis, TN-MS-AR?
The median annual salary for a Electrical and Electronics Repairers, Commercial and Industrial Equipment in Memphis, TN-MS-AR is $59,780. This typically ranges from $37,850 for entry-level positions to $84,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 16.5% lower than the national median of $71,580.
Is Memphis, TN-MS-AR a lucrative place for Electrical and Electronics Repairers, Commercial and Industrial Equipments?
No, not particularly lucrative compared to the national average.While the cost of living is average, the $59,780 salary is significantly lower than the national average of $71,580, indicating less lucrative compensation in this region.
Is Memphis, TN-MS-AR a good place to live for Electrical and Electronics Repairers, Commercial and Industrial Equipments?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jackson, TN ($69,230) and others.
What is the average salary for this role in Memphis?
The average annual salary for Electrical and Electronics Repairers, Commercial and Industrial Equipment in Memphis, TN-MS-AR is $59,780.
How does the Memphis salary compare to the national average?
The average salary in Memphis ($59,780) is below the national average of $71,580 for this profession.
What is the cost of living in Memphis compared to the rest of the US?
The Cost of Living Index in Memphis, TN-MS-AR is 100, which is exactly the national average.
Is there high demand for these repairers in Memphis?
With a Location Quotient of 1.02, the demand is slightly above the national average, suggesting a stable but not exceptionally high demand for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Memphis, TN-MS-AR area with a job density of 0.398 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical and Electronics Repairers, Commercial and Industrial Equipment • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR