Average Installation, Maintenance, and Repair Occupations Salary in Waterloo-Cedar Falls, IA
In Waterloo-Cedar Falls, IA, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $59,140. This figure is slightly below the national average of $61,410, suggesting local market dynamics and potentially a lower cost of living contribute to this compensation. The specific economic landscape of the Waterloo-Cedar Falls area plays a crucial role in shaping these salary expectations for skilled trades.
Executive Summary
- Average Salary: $59,140 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,640.
- Outlook: The Waterloo-Cedar Falls region supports a robust workforce of 3,640 individuals in Installation, Maintenance, and Repair Occupations. With a location quotient of 1.09, this sector is slightly more concentrated than the national average, indicating a stable and perhaps growing demand for these essential services within the local economy. The number of jobs per 1,000 workers further underscores the consistent need for these roles.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Waterloo-Cedar Falls, IA earns-3.7%below the national average.
$28.4
$1,137
$4,928
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 Waterloo-Cedar Falls have seen gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for skilled labor, and evolving industry standards likely contribute to a positive salary trajectory for professionals in this field.
Installation, Maintenance, and Repair Occupations Salary Distribution in Waterloo-Cedar Falls, IA
Salary progression within Installation, Maintenance, and Repair Occupations in Waterloo-Cedar Falls is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with advanced skills and certifications can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,820 | $17.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,355 | $21.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,770 | $27.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $73,925 | $35.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,640 | $40.7 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$59,140
Gross Pay
Real Wage (Purchasing Power)
$59,140
Adjusted for COL (100)
The average annual salary of $59,140 in Waterloo-Cedar Falls aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary has the same purchasing power as the national average, indicating that the cost of essential goods and services is neither a significant advantage nor a disadvantage for residents compared to the rest of the country.
Job Market Context
3,640
Total Jobs
42.633
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Waterloo-Cedar Falls, IA has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
With a location quotient of 1.09, the Waterloo-Cedar Falls market exhibits a slightly higher concentration of Installation, Maintenance, and Repair Occupations compared to the national average. This suggests that the demand for these roles is robust and potentially outpaces the national average, making the job market competitive but also offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
Comparing salaries near Waterloo-Cedar Falls, IA
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Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Waterloo-Cedar Falls, IA?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Waterloo-Cedar Falls, IA is $59,140. This typically ranges from $36,820 for entry-level positions to $84,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 3.7% lower than the national median of $61,410.
Is Waterloo-Cedar Falls, IA a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power of $59,140 equivalent to the national average.
Is Waterloo-Cedar Falls, IA a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($61,640) and Southeast Iowa nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Installation, Maintenance, and Repair Occupations in Waterloo-Cedar Falls, IA is $59,140, which is slightly lower than the national average of $61,410.
What is the significance of the Location Quotient in Waterloo-Cedar Falls?
A location quotient of 1.09 indicates that Installation, Maintenance, and Repair Occupations are 9% more concentrated in Waterloo-Cedar Falls than the national average, suggesting a strong local presence and demand for these roles.
How does the cost of living affect the salary in Waterloo-Cedar Falls?
The cost of living in Waterloo-Cedar Falls is exactly at the national average (100), meaning the $59,140 salary has the same relative purchasing power as the national average salary.
What is the total workforce size for these occupations in Waterloo-Cedar Falls?
There are approximately 3,640 individuals employed in Installation, Maintenance, and Repair Occupations in the Waterloo-Cedar Falls area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,640 employees in the Waterloo-Cedar Falls, IA area with a job density of 42.633 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 Waterloo-Cedar Falls, IA