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Average Precision Instrument and Equipment Repairers, All Other Salary in Florida

In Florida, Precision Instrument and Equipment Repairers, All Other, earn an average annual salary of $58,960. This figure is notably below the national average of $69,350, suggesting that local market dynamics, such as industry demand and the cost of labor, play a significant role in compensation within the Sunshine State.

Executive Summary

  • Average Salary: $58,960 per year.
  • Growth Trend: Salaries have shifted 3.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,990.
  • Outlook: The job market for Precision Instrument and Equipment Repairers, All Other, in Florida appears to be moderately concentrated, with a total local workforce of 440 individuals. The Location Quotient of 0.71 indicates a slightly lower presence of these specialized roles compared to the national average, suggesting a stable but not rapidly expanding demand for these professionals within the state.
2024 Market Data

Salary Overview

$58,960

The average Precision Instrument and Equipment Repairers, All Other in Florida earns-15.0%below the national average.

BreakdownBased on 40h/week
Hourly

$28.3

Weekly

$1,134

Monthly

$4,913

Precision Instrument and Equipment Repairers, All Other Salary Distribution in Florida

The salary trajectory for Precision Instrument and Equipment Repairers, All Other, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command significantly higher salaries, often reaching into the upper percentiles, reflecting their value and advanced skill sets.

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)$44,220$21.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$58,030$27.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$73,700$35.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$82,990$39.9

Detailed Precision Instrument and Equipment Repairers, All Other Market Analysis

Relocation Context

Nominal Salary

$58,960

Gross Pay

Real Wage (Purchasing Power)

$57,634

Adjusted for COL (102.3)

While the average annual salary in Florida for this role is $58,960, the local Cost of Living Index stands at 102.3, which is slightly above the national average. This means that the nominal salary may not stretch as far as it would in a lower cost-of-living area, requiring careful budgeting to maintain a comparable standard of living to the national average.

Job Market Context

440

Total Jobs

0.045

Per 1K Jobs

0.71

Location Quotient

Below Average

Florida has 0.71x the national average concentration of Precision Instrument and Equipment Repairers, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.71, Florida has a slightly lower concentration of Precision Instrument and Equipment Repairers, All Other, compared to the national average. This suggests that while the demand exists, the market is not oversaturated, potentially offering good opportunities for skilled individuals, but also indicating that the specialized nature of the role may limit the sheer volume of available positions.

Nearby Job Markets

Nearby Cities for Precision Instrument and Equipment Repairers, All Other

Comparing salaries near Florida

Hiring Precision Instrument and Equipment Repairers, All Others?

Frequently Asked Questions

How much does a Precision Instrument and Equipment Repairers, All Other make in Florida?

The median annual salary for a Precision Instrument and Equipment Repairers, All Other in Florida is $58,960. This typically ranges from $39,720 for entry-level positions to $82,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florida is 15.0% lower than the national median of $69,350.

Is Florida a lucrative place for Precision Instrument and Equipment Repairers, All Others?

No, not exceptionally lucrative compared to the national average.The average salary of $58,960 in Florida is below the national average of $69,350, and the cost of living is slightly higher than the national average.

Is Florida a good place to live for Precision Instrument and Equipment Repairers, All Others?

The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florida?

Some top paying nearby cities include Tampa-St. Petersburg-Clearwater, FL ($59,380) and others.

How does the Florida workforce size compare to the national average for this role?

Florida has a total local workforce of 440 Precision Instrument and Equipment Repairers, All Other, which is less concentrated than the national average, indicated by a Location Quotient of 0.71.

What is the significance of the Jobs per 1,000 Workers metric?

The Jobs per 1,000 Workers metric of 0.045 indicates the relative scarcity of this specific job within the broader Florida labor market, suggesting it's a specialized occupation.

How does experience impact salary for this role in Florida?

As with most technical fields, experience is a key driver of salary. Senior repairers with specialized skills and a proven track record will earn considerably more than entry-level technicians.

Should I consider the cost of living when evaluating a job offer in Florida?

Absolutely. With a Cost of Living Index of 102.3, Florida is slightly more expensive than the national average, so a $58,960 salary will have less purchasing power than the same amount in a lower cost-of-living state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Florida area with a job density of 0.045 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.