Average Installation, Maintenance, and Repair Occupations Salary in Kokomo, IN
In Kokomo, Indiana, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $67,740. This figure notably surpasses the national average of $61,410, indicating a favorable compensation landscape for these skilled roles within the region. Local economic factors and demand likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $67,740 per year.
- Growth Trend: Salaries have shifted 16.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,140.
- Outlook: With a local workforce of 1,790 individuals in Installation, Maintenance, and Repair Occupations, and a Location Quotient of 1.28, Kokomo demonstrates a concentration of these roles above the national average. This suggests a robust and potentially growing demand for skilled technicians and repair specialists in the area, signaling a healthy job market.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Kokomo, IN earns+10.3%above the national average.
$32.6
$1,303
$5,645
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 Kokomo, IN have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is often driven by increasing demand for skilled labor, inflation, and advancements in technology requiring specialized maintenance.
Installation, Maintenance, and Repair Occupations Salary Distribution in Kokomo, IN
Career progression within Installation, Maintenance, and Repair Occupations in Kokomo, IN, typically sees a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as technicians gain expertise, certifications, and specialized skills, their earning potential escalates, with senior roles commanding substantially higher salaries, reflecting the value of their accumulated knowledge.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,460 | $18 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $50,805 | $24.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $65,600 | $31.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $84,675 | $40.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $95,140 | $45.7 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$67,740
Gross Pay
Real Wage (Purchasing Power)
$67,740
Adjusted for COL (100)
The average annual salary of $67,740 in Kokomo, IN, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, allowing residents to maintain a similar standard of living without financial strain related to higher or lower living expenses.
Job Market Context
1,790
Total Jobs
50.215
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Kokomo, IN has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
A Location Quotient of 1.28 signifies that Installation, Maintenance, and Repair Occupations are 28% more concentrated in Kokomo, IN, than the national average. This suggests a competitive yet abundant job market, where employers may actively seek skilled professionals, and opportunities for employment are readily available for qualified individuals.
Nearby Job Markets
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Comparing salaries near Kokomo, IN
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Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Kokomo, IN?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Kokomo, IN is $67,740. This typically ranges from $37,460 for entry-level positions to $95,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 10.3% higher than the national median of $61,410.
Is Kokomo, IN a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, Kokomo, IN offers a lucrative environment for these professionals.The average salary of $67,740 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing earning potential.
Is Kokomo, IN a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($58,510) and Muncie, IN.
What is the average salary for Installation, Maintenance, and Repair Occupations in Kokomo, IN?
The average annual salary for Installation, Maintenance, and Repair Occupations in Kokomo, IN is $67,740.
How does Kokomo's salary compare to the national average?
Salaries in Kokomo, IN for these roles are higher than the national average, which stands at $61,410.
What does the Location Quotient of 1.28 mean for this job sector in Kokomo?
A Location Quotient of 1.28 indicates that this sector is more concentrated in Kokomo than the national average, suggesting higher demand and potentially more job opportunities.
How does the Cost of Living in Kokomo affect the salary?
With a Cost of Living Index of 100, the national average, the $67,740 salary in Kokomo offers purchasing power equivalent to the national average, making it a stable financial environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,790 employees in the Kokomo, IN area with a job density of 50.215 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 Kokomo, IN