SalaryNode

Average Medical Equipment Repairers Salary in Chicago-Naperville-Elgin, IL-IN

Medical Equipment Repairers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $68,220. This figure slightly outpaces the national average of $66,640, suggesting a favorable compensation landscape in this region. The localized demand and specific industry needs within this major urban hub likely contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $68,220 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,670.
  • Outlook: The Chicago-Naperville-Elgin, IL-IN area demonstrates a robust job market for Medical Equipment Repairers, evidenced by a total local workforce of 2,310 professionals. The Location Quotient of 1.31 indicates a concentration of these roles that is 31% higher than the national average, signaling strong and consistent demand for skilled technicians in this sector.
2024 Market Data

Salary Overview

$68,220

The average Medical Equipment Repairers in Chicago-Naperville-Elgin, IL-IN earns+2.4%above the national average.

BreakdownBased on 40h/week
Hourly

$32.8

Weekly

$1,312

Monthly

$5,685

Medical Equipment Repairers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Medical Equipment Repairers in Chicago-Naperville-Elgin, IL-IN typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior technicians with specialized skills and extensive experience can command salaries well into the higher percentiles, reflecting their expertise and value to healthcare institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,720$19.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$51,165$24.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$68,200$32.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$85,275$41
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$101,670$48.9

Detailed Medical Equipment Repairers Market Analysis

Relocation Context

Nominal Salary

$68,220

Gross Pay

Real Wage (Purchasing Power)

$68,220

Adjusted for COL (100)

The average annual salary of $68,220 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Medical Equipment Repairer's salary in this area is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

2,310

Total Jobs

0.516

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Medical Equipment Repairers roles compared to the national norm.

With a Location Quotient of 1.31, the Chicago-Naperville-Elgin, IL-IN area exhibits a notable concentration of Medical Equipment Repairer jobs compared to the national average. This suggests a competitive yet abundant market, where employers actively seek these skilled professionals, and opportunities for employment are more plentiful than in many other regions.

Nearby Job Markets

Hiring Medical Equipment Repairerss?

Frequently Asked Questions

How much does a Medical Equipment Repairers make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Medical Equipment Repairers in Chicago-Naperville-Elgin, IL-IN is $68,220. This typically ranges from $39,720 for entry-level positions to $101,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 2.4% higher than the national median of $66,640.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Medical Equipment Repairers?

Yes, it is a lucrative place for Medical Equipment Repairers.The average salary of $68,220 is higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Medical Equipment Repairers?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

How does the Chicago-Naperville-Elgin, IL-IN salary compare to the national average?

The average annual salary for Medical Equipment Repairers in Chicago-Naperville-Elgin, IL-IN is $68,220, which is slightly above the national average of $66,640.

What is the concentration of Medical Equipment Repairers in this area?

The Location Quotient is 1.31, meaning there is a 31% higher concentration of Medical Equipment Repairers in Chicago-Naperville-Elgin, IL-IN compared to the national average.

How does the cost of living affect the salary in Chicago-Naperville-Elgin, IL-IN?

The cost of living index is 100, which is the national average. This means the $68,220 salary has the same purchasing power as the national average salary.

What is the total number of Medical Equipment Repairers in the Chicago-Naperville-Elgin, IL-IN area?

There are approximately 2,310 Medical Equipment Repairers employed in the Chicago-Naperville-Elgin, IL-IN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,310 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.516 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Chicago-Naperville-Elgin, IL-IN

Semantic Salary Analysis for Medical Equipment Repairers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN