Elevator and Escalator Installers and Repairers in the Chicago-Naperville-Elgin, IL-IN area earn an impressive average annual salary of $130,550. This figure significantly surpasses the national average of $104,770, indicating a strong local demand and potentially higher skill requirements for this specialized trade within the metropolitan region. The robust economic activity and infrastructure needs of a major urban center like Chicago often translate into premium compensation for essential maintenance and installation professionals.
Executive Summary
- Average Salary: $130,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,480.
- Outlook: The job market for Elevator and Escalator Installers and Repairers in Chicago-Naperville-Elgin, IL-IN appears stable and slightly concentrated, with a total local workforce of 720 individuals. The Location Quotient of 1.06 suggests that this profession is marginally more prevalent in this metropolitan area compared to the national average, implying a steady demand for these skilled technicians to support the region's extensive building stock and ongoing development projects.
Salary Overview
The average Elevator and Escalator Installers and Repairers in Chicago-Naperville-Elgin, IL-IN earns+24.6%above the national average.
$62.8
$2,511
$10,879
Elevator and Escalator Installers and Repairers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Elevator and Escalator Installers and Repairers in the Chicago-Naperville-Elgin, IL-IN area have experienced consistent growth over the past four years. This trend is generally observed across many skilled trades, driven by factors such as inflation, increasing demand for vertical transportation systems in modern construction, and the need to attract and retain qualified professionals in a competitive labor market.
Elevator and Escalator Installers and Repairers Salary Distribution in Chicago-Naperville-Elgin, IL-IN
The career trajectory for Elevator and Escalator Installers and Repairers typically involves significant salary progression with experience. Entry-level positions may start at a lower percentile, but as technicians gain expertise, hone their diagnostic skills, and take on more complex installations and repairs, their earning potential increases substantially. The gap between entry-level and senior-level salaries, often reflected in salary percentile distributions, signifies the value placed on accumulated knowledge and proven proficiency in this critical field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $97,690 | $47 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $97,913 | $47.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $141,380 | $68 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $163,188 | $78.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $160,480 | $77.2 |
Detailed Elevator and Escalator Installers and Repairers Market Analysis
Relocation Context
Nominal Salary
$130,550
Gross Pay
Real Wage (Purchasing Power)
$130,550
Adjusted for COL (100)
The average annual salary of $130,550 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the nominal salary earned by Elevator and Escalator Installers and Repairers in this area provides purchasing power equivalent to the national average. While the salary is notably higher than the national average for the profession, the cost of living does not present a significant barrier or advantage, suggesting that the higher pay is primarily driven by local market dynamics rather than an inflated cost of living.
Job Market Context
720
Total Jobs
0.161
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Elevator and Escalator Installers and Repairers roles compared to the national norm.
With a Location Quotient of 1.06, the Chicago-Naperville-Elgin, IL-IN metropolitan area exhibits a slightly higher concentration of Elevator and Escalator Installers and Repairers than the national average. This suggests a healthy, albeit not overwhelmingly dense, job market for these professionals. The market is competitive enough to support slightly elevated wages but not so saturated as to depress earning potential, indicating a balanced demand for skilled labor in this specialized trade within the region.
Nearby Job Markets
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Frequently Asked Questions
How much does a Elevator and Escalator Installers and Repairers make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Elevator and Escalator Installers and Repairers in Chicago-Naperville-Elgin, IL-IN is $130,550. This typically ranges from $97,690 for entry-level positions to $160,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 24.6% higher than the national median of $104,770.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Elevator and Escalator Installers and Repairerss?
Yes, it is a lucrative location.The average salary of $130,550 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Elevator and Escalator Installers and Repairers?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
How does the Chicago salary compare to the national average?
The average annual salary for Elevator and Escalator Installers and Repairers in Chicago-Naperville-Elgin, IL-IN is $130,550, which is considerably higher than the national average of $104,770.
What is the concentration of this job in Chicago?
The Location Quotient of 1.06 indicates that Elevator and Escalator Installers and Repairers are slightly more concentrated in the Chicago-Naperville-Elgin, IL-IN area compared to the national average, suggesting a robust local demand.
Does the cost of living affect the value of the salary?
No, the cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100), meaning the higher nominal salary translates directly to equivalent purchasing power.
How many Elevator and Escalator Installers and Repairers work in Chicago?
There are approximately 720 Elevator and Escalator Installers and Repairers employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.161 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Elevator and Escalator Installers and Repairers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN