Average Industrial Machinery Mechanics Salary in Lexington-Fayette, KY
Industrial Machinery Mechanics in Lexington-Fayette, KY, command an average annual salary of $67,980. This figure slightly surpasses the national average of $66,990, indicating a localized demand that influences compensation. Factors such as the concentration of manufacturing industries and the specific skill requirements within the region contribute to this competitive pay.
Executive Summary
- Average Salary: $67,980 per year.
- Growth Trend: Salaries have shifted 10.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,320.
- Outlook: With a local workforce of 900 Industrial Machinery Mechanics, Lexington-Fayette, KY, demonstrates a stable employment base for this trade. The Location Quotient of 1.16 suggests a slightly higher concentration of these roles compared to the national average, implying a robust and potentially growing demand for skilled mechanics within the area's industrial sector.
Salary Overview
The average Industrial Machinery Mechanics in Lexington-Fayette, KY earns+1.5%above the national average.
$32.7
$1,307
$5,665
Industrial Machinery Mechanics Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Machinery Mechanics in Lexington-Fayette, KY, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled labor, and the evolving complexity of industrial machinery.
Industrial Machinery Mechanics Salary Distribution in Lexington-Fayette, KY
The salary trajectory for Industrial Machinery Mechanics in Lexington-Fayette, KY, escalates significantly with experience. Entry-level positions typically start at the lower end of the pay scale, while senior mechanics with extensive expertise and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the substantial career progression and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $46,230 | $22.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,985 | $24.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $65,190 | $31.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $84,975 | $40.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $85,320 | $41 |
Detailed Industrial Machinery Mechanics Market Analysis
Relocation Context
Nominal Salary
$67,980
Gross Pay
Real Wage (Purchasing Power)
$67,980
Adjusted for COL (100)
The average annual salary of $67,980 in Lexington-Fayette, KY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Industrial Machinery Mechanic's salary in this region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
900
Total Jobs
3.168
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Lexington-Fayette, KY has a slightly higher-than-average concentration of Industrial Machinery Mechanics roles compared to the national norm.
A Location Quotient of 1.16 for Industrial Machinery Mechanics in Lexington-Fayette, KY, indicates a market where these professionals are slightly more concentrated than the national average. This suggests a healthy demand for their skills, potentially leading to more job opportunities and competitive compensation compared to regions with a lower concentration.
Nearby Job Markets
Nearby Cities for Industrial Machinery Mechanics
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Industrial Machinery Mechanics Salary | $64,640↓ 5% | 28 mi |
| South Central Kentucky nonmetropolitan area Industrial Machinery Mechanics Salary | $62,240↓ 8% | 28 mi |
| West Kentucky nonmetropolitan area Industrial Machinery Mechanics Salary | $67,650↓ 0% | 28 mi |
| East Kentucky nonmetropolitan area Industrial Machinery Mechanics Salary | $61,290↓ 10% | 28 mi |
| Louisville/Jefferson County, KY-IN Industrial Machinery Mechanics Salary | $64,960↓ 4% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Industrial Machinery Mechanicss?
Frequently Asked Questions
How much does a Industrial Machinery Mechanics make in Lexington-Fayette, KY?
The median annual salary for a Industrial Machinery Mechanics in Lexington-Fayette, KY is $67,980. This typically ranges from $46,230 for entry-level positions to $85,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 1.5% higher than the national median of $66,990.
Is Lexington-Fayette, KY a lucrative place for Industrial Machinery Mechanics?
Yes, Lexington-Fayette, KY offers a lucrative environment for Industrial Machinery Mechanics.The average salary of $67,980 slightly exceeds the national average, and the cost of living is on par with the national index, indicating strong purchasing power for mechanics in the area.
Is Lexington-Fayette, KY a good place to live for Industrial Machinery Mechanics?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($64,640) and South Central Kentucky nonmetropolitan area.
What is the average salary for an Industrial Machinery Mechanic in Lexington-Fayette, KY?
The average annual salary for an Industrial Machinery Mechanic in Lexington-Fayette, KY is $67,980.
How does the salary compare to the national average?
The average salary in Lexington-Fayette, KY ($67,980) is slightly higher than the national average ($66,990).
What is the Cost of Living in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY is 100, which is the national average.
How concentrated are Industrial Machinery Mechanic jobs in Lexington-Fayette, KY?
The Location Quotient of 1.16 indicates a slightly higher concentration of Industrial Machinery Mechanic jobs in Lexington-Fayette, KY 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 900 employees in the Lexington-Fayette, KY area with a job density of 3.168 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Machinery Mechanics • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY