Average Installation, Maintenance, and Repair Occupations Salary in Binghamton, NY
In Binghamton, NY, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $58,970. This figure is slightly below the national average of $61,410, a common occurrence in regional markets where local economic factors and demand can influence compensation. The specific economic landscape and industry concentration in Binghamton shape the earning potential for these vital roles.
Executive Summary
- Average Salary: $58,970 per year.
- Growth Trend: Salaries have shifted 22.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,300.
- Outlook: Binghamton, NY supports a robust local workforce of 3,890 individuals in Installation, Maintenance, and Repair Occupations. With a Location Quotient of 1.03, the concentration of these jobs is slightly above the national average, indicating a stable and perhaps growing demand for these skilled professionals within the region. This suggests a healthy job market that can absorb new talent and offer consistent opportunities.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Binghamton, NY earns-4.0%below the national average.
$28.4
$1,134
$4,914
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in Binghamton, NY have seen a steady upward trend over the past four years, mirroring national patterns of wage growth driven by inflation, increased demand for skilled trades, and evolving industry standards. This general growth trajectory suggests a positive outlook for future earning potential in this sector.
Installation, Maintenance, and Repair Occupations Salary Distribution in Binghamton, NY
Within the Installation, Maintenance, and Repair Occupations field in Binghamton, NY, salary progression is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command substantially higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior-level compensation reflects the value placed on expertise and years of dedicated service.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,580 | $17.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,228 | $21.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $54,850 | $26.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $73,713 | $35.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $87,300 | $42 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$58,970
Gross Pay
Real Wage (Purchasing Power)
$58,970
Adjusted for COL (100)
The average annual salary of $58,970 in Binghamton, NY aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, making Binghamton a financially stable location for those in Installation, Maintenance, and Repair Occupations, without the added burden of a higher cost of living impacting disposable income.
Job Market Context
3,890
Total Jobs
40.346
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Binghamton, NY has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
With a Location Quotient of 1.03, Binghamton, NY demonstrates a slightly higher concentration of Installation, Maintenance, and Repair Occupations compared to the national average. This suggests a competitive yet accessible job market where demand is robust enough to support a workforce slightly larger than what would be expected nationally. Professionals in this field can anticipate a market that values their skills and offers a good number of opportunities.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
Comparing salaries near Binghamton, NY
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Binghamton, NY?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Binghamton, NY is $58,970. This typically ranges from $36,580 for entry-level positions to $87,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 4.0% lower than the national median of $61,410.
Is Binghamton, NY a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, Binghamton, NY offers a stable earning potential for these roles.The average salary of $58,970 is competitive, especially when considering the national average cost of living. The slightly above-average concentration of these jobs also indicates consistent demand.
Is Binghamton, NY a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($58,740) and Elmira, NY.
How does the Binghamton salary compare to the national average?
The average annual salary for Installation, Maintenance, and Repair Occupations in Binghamton, NY is $58,970, which is slightly lower than the national average of $61,410.
What is the job market like for these roles in Binghamton?
Binghamton has a healthy job market for Installation, Maintenance, and Repair Occupations, with a workforce of 3,890 and a concentration (Location Quotient) slightly above the national average, indicating steady demand.
Does the cost of living affect the salary in Binghamton?
No, the cost of living in Binghamton is exactly at the national average (100), meaning the $58,970 salary provides purchasing power equivalent to the national average.
How many Installation, Maintenance, and Repair Occupations jobs are there per 1,000 workers in Binghamton?
There are approximately 40.35 Installation, Maintenance, and Repair Occupations jobs per 1,000 workers in Binghamton, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,890 employees in the Binghamton, NY area with a job density of 40.346 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY