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Electricians Salary in Sector of Finance and Insurance

The salary statistics of electricians in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare electricians salaries in different industries within the finance and insurance sector.

Average Annual Salary of Electricians

Percentile BracketAverage Annual Salary
10th Percentile Wage
$44,340
25th Percentile Wage
$55,420
50th Percentile Wage
$65,990
75th Percentile Wage
$78,280
90th Percentile Wage
$91,110

Table 1 shows the average annual salary for electricians in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) electricians is $91,110. The median annual salary (50th percentile) is $65,990. The average annual salary for the bottom 10 percent paid electricians is $44,340.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of electricians in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201665,9901.64%6.24%
201564,910-0.05%-
201464,9404.60%-
201361,9500.13%-
201261,870--

Compare Electricians Salary in Different Industries within the Finance and Insurance Sector

The average salaries of electricians in three industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for electricians occupations is the insurance carriers industry with an annual salary $66,960. The lowest paying industry is the direct insurance (except life, health, and medical) carriers industry (annual salary $66,900). For detailed electricians salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Insurance Carriers
$66,960
Insurance Carriers and Related Activities
$66,960
Direct Insurance (except Life, Health, and Medical) Carriers
$66,900

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



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