SalaryNode

Average Installation, Maintenance, and Repair Occupations Salary in Homosassa Springs, FL

In Homosassa Springs, FL, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $54,630. This figure is notably below the national average of $61,410, suggesting that local market dynamics and potentially a different economic landscape influence compensation for these essential roles.

Executive Summary

  • Average Salary: $54,630 per year.
  • Growth Trend: Salaries have shifted 32.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,130.
  • Outlook: With a local workforce of 1,750 individuals in Installation, Maintenance, and Repair Occupations, Homosassa Springs demonstrates a significant presence in this sector. The Location Quotient of 1.28 indicates a concentration of these jobs that is 28% higher than the national average, pointing to a robust local demand and a specialized job market that favors skilled trades.
2024 Market Data

Salary Overview

$54,630

The average Installation, Maintenance, and Repair Occupations in Homosassa Springs, FL earns-11.0%below the national average.

BreakdownBased on 40h/week
Hourly

$26.3

Weekly

$1,051

Monthly

$4,553

Installation, Maintenance, and Repair Occupations Salary Distribution in Homosassa Springs, FL

Career progression within Installation, Maintenance, and Repair Occupations in Homosassa Springs, FL, typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average, with higher percentiles reflecting substantial career advancement and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$31,040$14.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,973$19.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$47,170$22.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$68,288$32.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$82,130$39.5

Detailed Installation, Maintenance, and Repair Occupations Market Analysis

Relocation Context

Nominal Salary

$54,630

Gross Pay

Real Wage (Purchasing Power)

$54,630

Adjusted for COL (100)

The average annual salary of $54,630 in Homosassa Springs, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of an installer's salary in Homosassa Springs is equivalent to the national average, offering a stable financial environment without the added pressure of a higher cost of living.

Job Market Context

1,750

Total Jobs

50.159

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Homosassa Springs, FL has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.

Homosassa Springs, FL, exhibits a strong concentration of Installation, Maintenance, and Repair Occupations, as evidenced by its Location Quotient of 1.28. This suggests that the demand for these services is higher relative to the national average, potentially leading to more job opportunities and competitive compensation for skilled workers within this specialized field.

Nearby Job Markets

Hiring Installation, Maintenance, and Repair Occupationss?

Frequently Asked Questions

How much does a Installation, Maintenance, and Repair Occupations make in Homosassa Springs, FL?

The median annual salary for a Installation, Maintenance, and Repair Occupations in Homosassa Springs, FL is $54,630. This typically ranges from $31,040 for entry-level positions to $82,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Homosassa Springs, FL is 11.0% lower than the national median of $61,410.

Is Homosassa Springs, FL a lucrative place for Installation, Maintenance, and Repair Occupationss?

No, but it offers stability.While the average salary of $54,630 is below the national average, the local Cost of Living Index of 100 means your earnings have average purchasing power. The strong concentration of these jobs (LQ 1.28) indicates consistent demand.

Is Homosassa Springs, FL a good place to live for Installation, Maintenance, and Repair Occupations?

The Cost of Living Index in Homosassa Springs, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Homosassa Springs, FL?

Some top paying nearby cities include Wildwood-The Villages, FL ($57,760) and Ocala, FL.

How does the Homosassa Springs salary compare to the national average?

The average salary for Installation, Maintenance, and Repair Occupations in Homosassa Springs, FL, is $54,630, which is lower than the national average of $61,410.

What is the job market like for installers in Homosassa Springs?

The job market is robust, with a Location Quotient of 1.28 indicating a higher concentration of these jobs than the national average, suggesting strong local demand.

How does the cost of living affect the Homosassa Springs salary?

The Cost of Living Index in Homosassa Springs is 100, meaning it matches the national average. Therefore, the $54,630 salary has average purchasing power locally.

What is the total number of Installation, Maintenance, and Repair workers in Homosassa Springs?

There are approximately 1,750 individuals employed in Installation, Maintenance, and Repair Occupations in Homosassa Springs, FL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,750 employees in the Homosassa Springs, FL area with a job density of 50.159 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.