Average Installation, Maintenance, and Repair Occupations Salary in Memphis, TN-MS-AR
In Memphis, TN-MS-AR, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $59,730. This figure is slightly below the national average of $61,410, a difference often attributable to regional economic factors and the specific demand dynamics within the Memphis metropolitan area. Localized market conditions and the cost of doing business significantly influence compensation levels for these essential roles.
Executive Summary
- Average Salary: $59,730 per year.
- Growth Trend: Salaries have shifted 21.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $90,790.
- Outlook: The Memphis, TN-MS-AR region boasts a substantial workforce of 27,720 individuals employed in Installation, Maintenance, and Repair Occupations. With a Location Quotient of 1.14, this sector is more concentrated in Memphis than the national average, indicating a robust and potentially growing demand for skilled labor in these fields. The presence of nearly 45 jobs per 1,000 workers further underscores the significance of this industry within the local economy.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Memphis, TN-MS-AR earns-2.7%below the national average.
$28.7
$1,149
$4,978
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 Memphis have experienced growth over the past four years, mirroring national trends. Economic development, increased infrastructure investment, and a steady demand for skilled trades typically drive upward salary adjustments in this sector, reflecting both inflation and enhanced skill requirements.
Installation, Maintenance, and Repair Occupations Salary Distribution in Memphis, TN-MS-AR
Salary progression for Installation, Maintenance, and Repair roles in Memphis, TN-MS-AR typically scales with experience and specialization. Entry-level positions may start closer to the lower end of the pay scale, while seasoned technicians with specialized certifications and a proven track record can command significantly higher salaries. The percentile gaps between junior and senior roles highlight clear career advancement opportunities and the value placed on expertise within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,880 | $17.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,798 | $21.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $55,950 | $26.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $74,663 | $35.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $90,790 | $43.6 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$59,730
Gross Pay
Real Wage (Purchasing Power)
$59,730
Adjusted for COL (100)
The average annual salary of $59,730 in Memphis, TN-MS-AR aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a salary in Memphis is equivalent to that of the national average, making the nominal salary quite competitive in terms of real value. Residents can expect their earnings to cover typical expenses without the added financial strain often associated with higher cost-of-living areas.
Job Market Context
27,720
Total Jobs
44.709
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
A Location Quotient of 1.14 for Installation, Maintenance, and Repair Occupations in Memphis, TN-MS-AR signifies that this sector is more concentrated locally than the national average. This suggests a strong presence and potentially higher demand for these roles within the region compared to other industries. While not excessively high, this concentration indicates a healthy job market where skilled professionals are likely to find ample opportunities.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Installation, Maintenance, and Repair Occupations Salary | $51,430↓ 14% | 64 mi |
| Jackson, TN Installation, Maintenance, and Repair Occupations Salary | $54,550↓ 9% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Memphis, TN-MS-AR?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Memphis, TN-MS-AR is $59,730. This typically ranges from $35,880 for entry-level positions to $90,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 2.7% lower than the national median of $61,410.
Is Memphis, TN-MS-AR a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, with a national cost of living.The average salary of $59,730 is competitive given the national average cost of living index of 100. The sector's concentration (LQ 1.14) also suggests good local demand.
Is Memphis, TN-MS-AR a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($51,430) and Jackson, TN.
How does the Memphis salary compare to the national average?
The average salary of $59,730 in Memphis is slightly lower than the national average of $61,410 for Installation, Maintenance, and Repair Occupations.
What is the significance of the Location Quotient in Memphis?
A Location Quotient of 1.14 indicates that Installation, Maintenance, and Repair Occupations are more concentrated in Memphis than the national average, suggesting a stronger local presence and demand for these roles.
How does the cost of living affect the salary in Memphis?
With a Cost of Living Index of 100, the national average, the $59,730 salary in Memphis offers purchasing power equivalent to the national average, making it a stable financial environment.
What does the total local workforce number imply?
The 27,720 workers in this sector represent a significant portion of the local labor market, highlighting the importance and scale of Installation, Maintenance, and Repair Occupations in Memphis.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 27,720 employees in the Memphis, TN-MS-AR area with a job density of 44.709 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 Memphis, TN-MS-AR