Average Installation, Maintenance, and Repair Occupations Salary in Fargo, ND-MN
In Fargo, ND-MN, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $62,460. This figure slightly surpasses the national average of $61,410, indicating a localized demand that slightly outpaces national compensation trends. Factors such as regional industry needs and the specific economic landscape of the Fargo area contribute to this favorable salary environment.
Executive Summary
- Average Salary: $62,460 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,750.
- Outlook: The Fargo, ND-MN metropolitan area supports a robust workforce of 6,190 individuals in Installation, Maintenance, and Repair Occupations. With a location quotient of 1.07, this sector is slightly more concentrated here than the national average, suggesting a stable and potentially growing demand for these skilled professionals within the local economy.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Fargo, ND-MN earns+1.7%above the national average.
$30
$1,201
$5,205
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 Fargo, ND-MN have experienced growth over the past four years, mirroring national trends. Economic expansion and evolving industry needs typically drive upward salary adjustments for skilled trades.
Installation, Maintenance, and Repair Occupations Salary Distribution in Fargo, ND-MN
Career progression within Installation, Maintenance, and Repair Occupations in Fargo, ND-MN typically sees a significant salary increase from entry-level to senior positions. The gap between lower and higher percentile earnings signifies substantial opportunities for advancement and increased earning potential as experience and specialized skills are acquired.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,680 | $18.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,845 | $22.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,760 | $28.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $78,075 | $37.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $88,750 | $42.7 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$62,460
Gross Pay
Real Wage (Purchasing Power)
$62,460
Adjusted for COL (100)
The average annual salary of $62,460 in Fargo, ND-MN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial foundation for residents.
Job Market Context
6,190
Total Jobs
41.939
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Fargo, ND-MN has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
With a Location Quotient of 1.07, the Fargo, ND-MN market shows a slightly higher concentration of Installation, Maintenance, and Repair Occupations compared to the national average. This suggests a healthy job market where demand is at least on par with, if not slightly exceeding, national levels, indicating good opportunities for skilled workers.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
| City | Salary | Dist. |
|---|---|---|
| Grand Forks, ND-MN Installation, Maintenance, and Repair Occupations Salary | $61,400↓ 2% | 74 mi |
Comparing salaries near Fargo, ND-MN
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Fargo, ND-MN?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Fargo, ND-MN is $62,460. This typically ranges from $38,680 for entry-level positions to $88,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fargo, ND-MN is 1.7% higher than the national median of $61,410.
Is Fargo, ND-MN a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, with earnings slightly above the national average and a cost of living at par.Professionals in this field earn $62,460 annually, exceeding the national average, while the cost of living remains at the national benchmark.
Is Fargo, ND-MN a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fargo, ND-MN?
Some top paying nearby cities include Grand Forks, ND-MN ($61,400) and others.
How does the Fargo job market compare to the national average for this sector?
The Fargo, ND-MN market has a slightly higher concentration of Installation, Maintenance, and Repair Occupations, indicated by a Location Quotient of 1.07, suggesting a robust local demand.
What is the average salary for Installation, Maintenance, and Repair Occupations in Fargo, ND-MN?
The average annual salary for these roles in Fargo, ND-MN is $62,460.
How does the cost of living in Fargo, ND-MN affect salary expectations?
The Cost of Living Index in Fargo, ND-MN is 100, meaning it matches the national average. Therefore, the $62,460 salary offers purchasing power equivalent to the national average.
What is the size of the Installation, Maintenance, and Repair Occupations workforce in Fargo, ND-MN?
The total local workforce for these occupations in Fargo, ND-MN comprises 6,190 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,190 employees in the Fargo, ND-MN area with a job density of 41.939 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 Fargo, ND-MN