SalaryNode

Average Miscellaneous Assemblers and Fabricators Salary in Memphis, TN-MS-AR

In Memphis, TN-MS-AR, Miscellaneous Assemblers and Fabricators earn an average annual salary of $39,150. This figure is notably below the national average of $44,850, suggesting that local market dynamics, such as industry demand and the availability of skilled labor, play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $39,150 per year.
  • Growth Trend: Salaries have shifted 22.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,580.
  • Outlook: With a local workforce of 5,540 individuals in this sector, Memphis demonstrates a substantial presence of Miscellaneous Assemblers and Fabricators. The Location Quotient of 0.94 indicates that this occupation is nearly as concentrated in Memphis as it is nationally, suggesting a stable and consistent demand for these roles within the local economy.
2024 Market Data

Salary Overview

$39,150

The average Miscellaneous Assemblers and Fabricators in Memphis, TN-MS-AR earns-12.7%below the national average.

BreakdownBased on 40h/week
Hourly

$18.8

Weekly

$753

Monthly

$3,263

Miscellaneous Assemblers and Fabricators Salary Distribution in Memphis, TN-MS-AR

Career progression for Miscellaneous Assemblers and Fabricators typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries, reflecting the value of their expertise and efficiency.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$30,680$14.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$29,363$14.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$37,350$18
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$48,938$23.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$47,580$22.9

Detailed Miscellaneous Assemblers and Fabricators Market Analysis

Relocation Context

Nominal Salary

$39,150

Gross Pay

Real Wage (Purchasing Power)

$39,150

Adjusted for COL (100)

The average annual salary of $39,150 in Memphis, TN-MS-AR aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by assemblers and fabricators in this region holds purchasing power equivalent to the national average, offering a balanced lifestyle without significant financial strain.

Job Market Context

5,540

Total Jobs

8.926

Per 1K Jobs

0.94

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.94x the national average concentration of Miscellaneous Assemblers and Fabricators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.94 suggests that the job market for Miscellaneous Assemblers and Fabricators in Memphis, TN-MS-AR is closely aligned with the national average in terms of concentration. This indicates a competitive yet stable environment where the number of jobs is proportionate to the national distribution, offering consistent opportunities for skilled workers.

Nearby Job Markets

Nearby Cities for Miscellaneous Assemblers and Fabricators

Comparing salaries near Memphis, TN-MS-AR

Hiring Miscellaneous Assemblers and Fabricatorss?

Frequently Asked Questions

How much does a Miscellaneous Assemblers and Fabricators make in Memphis, TN-MS-AR?

The median annual salary for a Miscellaneous Assemblers and Fabricators in Memphis, TN-MS-AR is $39,150. This typically ranges from $30,680 for entry-level positions to $47,580 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 12.7% lower than the national median of $44,850.

Is Memphis, TN-MS-AR a lucrative place for Miscellaneous Assemblers and Fabricators?

No, not particularly lucrative compared to the national average.While the cost of living is average, the nominal salary of $39,150 is below the national average of $44,850, indicating less financial advantage for these roles in Memphis.

Is Memphis, TN-MS-AR a good place to live for Miscellaneous Assemblers and Fabricators?

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 ($41,890) and Jackson, TN.

How does the Memphis salary compare to the national average?

The average annual salary for Miscellaneous Assemblers and Fabricators in Memphis, TN-MS-AR is $39,150, which is lower than the national average of $44,850.

What is the concentration of Miscellaneous Assemblers and Fabricators in Memphis?

The Location Quotient for this role in Memphis is 0.94, indicating that the occupation is nearly as concentrated locally as it is nationwide.

How does the cost of living in Memphis affect the salary?

With a Cost of Living Index of 100, the Memphis area's cost of living is on par with the national average, meaning the $39,150 salary has average purchasing power.

What is the total workforce for this role in Memphis?

There are approximately 5,540 Miscellaneous Assemblers and Fabricators employed in the Memphis, TN-MS-AR region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,540 employees in the Memphis, TN-MS-AR area with a job density of 8.926 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.