In Indianapolis-Carmel-Greenwood, IN, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $60,730. This figure is slightly below the national average of $61,410, indicating a localized pay structure influenced by regional economic factors and the specific demands of the local market. The Indianapolis area's economic landscape shapes compensation for these essential roles.
Executive Summary
- Average Salary: $60,730 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,750.
- Outlook: With a substantial local workforce of 41,680 individuals in Installation, Maintenance, and Repair Occupations, Indianapolis-Carmel-Greenwood demonstrates a significant presence in this sector. The location quotient of 0.97 suggests that this field is nearly as concentrated as the national average, implying a stable and robust job market with consistent demand for skilled professionals. The presence of nearly 38 jobs per 1,000 workers further underscores the active employment opportunities within this occupational category.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Indianapolis-Carmel-Greenwood, IN earns-1.1%below the national average.
$29.2
$1,168
$5,061
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the Installation, Maintenance, and Repair sector in Indianapolis-Carmel-Greenwood has experienced steady growth over the past four years, mirroring national trends. This growth likely translates to incremental salary increases as demand for skilled labor rises and the cost of living potentially adjusts, reflecting a dynamic and evolving job market for these essential trades.
Installation, Maintenance, and Repair Occupations Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Salary progression for Installation, Maintenance, and Repair Occupations typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,810 | $17.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,548 | $21.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,110 | $28.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $75,913 | $36.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,750 | $43.1 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$60,730
Gross Pay
Real Wage (Purchasing Power)
$60,730
Adjusted for COL (100)
The average annual salary of $60,730 in Indianapolis-Carmel-Greenwood aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective. Residents can expect their earnings to cover standard expenses without significant strain compared to the rest of the country.
Job Market Context
41,680
Total Jobs
38.003
Per 1K Jobs
0.97
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.97x the national average concentration of Installation, Maintenance, and Repair Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The location quotient of 0.97 for Installation, Maintenance, and Repair Occupations in Indianapolis-Carmel-Greenwood indicates a job market that is very closely aligned with the national concentration. This suggests a competitive yet balanced environment where the number of jobs is proportionate to the number of workers. While not significantly over-represented, the field is well-established, offering ample opportunities without extreme saturation.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Indianapolis-Carmel-Greenwood, IN is $60,730. This typically ranges from $36,810 for entry-level positions to $89,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 1.1% lower than the national median of $61,410.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, it offers competitive compensation relative to the cost of living.The average salary of $60,730 is on par with the national average, and with a Cost of Living Index of 100, your earnings hold strong purchasing power locally.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($56,580) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary of $60,730 in Indianapolis is slightly lower than the national average of $61,410 for Installation, Maintenance, and Repair Occupations.
What is the concentration of Installation, Maintenance, and Repair jobs in Indianapolis?
Indianapolis has a concentration of 0.97 for these roles, which is very close to the national average, indicating a stable job market.
Does the cost of living affect the value of the salary in Indianapolis?
No, the local cost of living is at the national average (100), meaning the $60,730 salary provides purchasing power equivalent to the national average.
How many people work in Installation, Maintenance, and Repair Occupations in Indianapolis?
There are 41,680 individuals employed in Installation, Maintenance, and Repair Occupations within the Indianapolis-Carmel-Greenwood area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 41,680 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 38.003 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 Indianapolis-Carmel-Greenwood, IN