Average Security and Fire Alarm Systems Installers Salary in Memphis, TN-MS-AR
Security and Fire Alarm Systems Installers in the Memphis, TN-MS-AR area earn an average annual salary of $51,120. This figure is notably below the national average of $59,970, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation for this specialized trade within the region.
Executive Summary
- Average Salary: $51,120 per year.
- Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,440.
- Outlook: The Memphis, TN-MS-AR region supports a local workforce of approximately 400 Security and Fire Alarm Systems Installers. With a Location Quotient of 1.23, indicating a concentration slightly above the national average, the job market demonstrates a healthy, albeit not overwhelmingly robust, demand for these professionals. This suggests a stable environment for existing installers and a moderate opportunity for new entrants.
Salary Overview
The average Security and Fire Alarm Systems Installers in Memphis, TN-MS-AR earns-14.8%below the national average.
$24.6
$983
$4,260
Security and Fire Alarm Systems Installers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Security and Fire Alarm Systems Installers in Memphis have seen incremental growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for security solutions, and evolving technology likely contribute to a steady upward trajectory in compensation, albeit potentially at a slower pace than the national average.
Security and Fire Alarm Systems Installers Salary Distribution in Memphis, TN-MS-AR
Career progression for Security and Fire Alarm Systems Installers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized certifications and a proven track record can command salaries well above the average. The percentile gaps in salary distribution clearly signify the value placed on expertise and years of dedicated service in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,740 | $17.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,340 | $18.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,960 | $23.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,900 | $30.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $70,440 | $33.9 |
Detailed Security and Fire Alarm Systems Installers Market Analysis
Relocation Context
Nominal Salary
$51,120
Gross Pay
Real Wage (Purchasing Power)
$51,120
Adjusted for COL (100)
The nominal average annual salary of $51,120 in Memphis, TN-MS-AR aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an installer's salary in Memphis is comparable to that of an installer earning the national average in a typical U.S. location, offering a balanced financial landscape for residents.
Job Market Context
400
Total Jobs
0.653
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Security and Fire Alarm Systems Installers roles compared to the national norm.
A Location Quotient of 1.23 for Security and Fire Alarm Systems Installers in Memphis, TN-MS-AR indicates that this profession is more concentrated in the local area than the national average. This suggests a slightly more competitive market for installers seeking new roles, but also signifies a strong presence and established demand for their services within the region's economy.
Nearby Job Markets
Nearby Cities for Security and Fire Alarm Systems Installers
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Security and Fire Alarm Systems Installers Salary | $45,930↓ 10% | 64 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Security and Fire Alarm Systems Installerss?
Frequently Asked Questions
How much does a Security and Fire Alarm Systems Installers make in Memphis, TN-MS-AR?
The median annual salary for a Security and Fire Alarm Systems Installers in Memphis, TN-MS-AR is $51,120. This typically ranges from $36,740 for entry-level positions to $70,440 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 14.8% lower than the national median of $59,970.
Is Memphis, TN-MS-AR a lucrative place for Security and Fire Alarm Systems Installers?
No, not exceptionally lucrative compared to the national average.While the Cost of Living is average, the nominal salary of $51,120 is below the national average of $59,970, indicating less earning potential in this specific role.
Is Memphis, TN-MS-AR a good place to live for Security and Fire Alarm Systems Installers?
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 ($45,930) and others.
How does the Memphis salary compare to the national average?
The average salary for Security and Fire Alarm Systems Installers in Memphis is $51,120, which is lower than the national average of $59,970.
What is the concentration of Security and Fire Alarm Systems Installers in Memphis?
The concentration, measured by the Location Quotient, is 1.23, meaning the profession is 23% more concentrated in Memphis than the national average.
How does the Cost of Living in Memphis affect the salary?
Memphis has a Cost of Living Index of 100, which is the national average. This means the $51,120 salary has the same purchasing power as the national average salary in a typical U.S. city.
What is the size of the Security and Fire Alarm Systems Installer workforce in Memphis?
The local workforce for this profession in Memphis consists of approximately 400 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Memphis, TN-MS-AR area with a job density of 0.653 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Security and Fire Alarm Systems Installers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR