SalaryNode

Average Precision Instrument and Equipment Repairers, All Other Salary in U.S.

In U.S., Precision Instrument and Equipment Repairers, All Other, earn an average annual salary of $69,350. This figure precisely aligns with the national average, indicating that local economic factors and demand for these specialized skills are currently in equilibrium with the broader U.S. market. The stability in pay suggests a well-established market for these professionals.

Executive Summary

  • Average Salary: $69,350 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,870.
  • Outlook: With a local workforce of 7,620 individuals in this specialized field, U.S. demonstrates a significant concentration of Precision Instrument and Equipment Repairers. While a specific Location Quotient is not provided, the substantial workforce size suggests a robust and active job market, likely driven by consistent demand from various industries requiring meticulous equipment maintenance.
2024 Market Data

Salary Overview

$69,350

The average Precision Instrument and Equipment Repairers, All Other in U.S. earns-0.0%below the national average.

BreakdownBased on 40h/week
Hourly

$33.3

Weekly

$1,334

Monthly

$5,779

Precision Instrument and Equipment Repairers, All Other Salary Distribution in U.S.

The career path for Precision Instrument and Equipment Repairers, All Other, typically involves significant salary progression based on experience. Entry-level technicians may start at a lower percentile, while seasoned professionals with extensive expertise and specialized certifications can command salaries well into the higher percentiles, reflecting their advanced skill set and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$43,680$21
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$52,013$25
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$62,680$30.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$86,688$41.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$102,870$49.5

Detailed Precision Instrument and Equipment Repairers, All Other Market Analysis

Relocation Context

Nominal Salary

$69,350

Gross Pay

Real Wage (Purchasing Power)

$69,350

Adjusted for COL (100)

The nominal average salary of $69,350 in U.S. is perfectly balanced by the Cost of Living Index of 100, which represents the national average. This means that the purchasing power of an individual earning this salary in U.S. is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.

Job Market Context

7,620

Total Jobs

N/A

Per 1K Jobs

N/A

Location Quotient

The absence of a specific Location Quotient (LQ) for Precision Instrument and Equipment Repairers, All Other, in U.S. makes it challenging to definitively assess market competitiveness. However, the presence of a substantial workforce of 7,620 individuals suggests a mature market where opportunities likely exist but may require specific qualifications to secure.

Nearby Job Markets

Nearby Cities for Precision Instrument and Equipment Repairers, All Other

Comparing salaries near U.S.

Hiring Precision Instrument and Equipment Repairers, All Others?

Frequently Asked Questions

How much does a Precision Instrument and Equipment Repairers, All Other make in U.S.?

The median annual salary for a Precision Instrument and Equipment Repairers, All Other in U.S. is $69,350. This typically ranges from $43,680 for entry-level positions to $102,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in U.S. is 0.0% lower than the national median of $69,350.

Is U.S. a lucrative place for Precision Instrument and Equipment Repairers, All Others?

Yes, the salary is competitive with the national average.The average salary of $69,350 in U.S. matches the national average, indicating a stable and fair compensation landscape for these professionals.

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

The Cost of Living Index in U.S. is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near U.S.?

Some top paying nearby cities include Tulsa, OK ($52,680) and others.

What is the average salary for Precision Instrument and Equipment Repairers, All Other, in U.S.?

The average annual salary for Precision Instrument and Equipment Repairers, All Other, in U.S. is $69,350.

How does the U.S. salary compare to the national average?

The average salary in U.S. for this role is exactly the same as the national average, indicating parity in compensation.

What is the cost of living in U.S. relative to the national average?

The Cost of Living Index in U.S. is 100, which is precisely the national average, meaning living expenses are neither higher nor lower than the typical U.S. city.

How large is the workforce for Precision Instrument and Equipment Repairers, All Other, in U.S.?

There are 7,620 Precision Instrument and Equipment Repairers, All Other, working in U.S., indicating a significant local presence in this specialized field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,620 employees in the U.S. area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.