The salary statistics of precision instrument and equipment repairers in the industry sector of retail trade are shown in Table 1. In Table 2 we compare precision instrument and equipment repairer salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $23,500 |
| 25th Percentile Wage | $28,640 |
| 50th Percentile Wage | $37,080 |
| 75th Percentile Wage | $49,040 |
| 90th Percentile Wage | $62,500 |
Table 1 shows the average annual salary for precision instrument and equipment repairers in the industry sector of retail trade. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) precision instrument and equipment repairers is $62,500. The median annual salary (50th percentile) is $37,080. The average annual salary for the bottom 10 percent paid precision instrument and equipment repairers is $23,500.
The table and chart below show the trend of the median salary of precision instrument and equipment repairers in the industry sector of retail trade from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $37,080 | 1.73% | 12.51% |
| 2017 | $36,440 | 1.95% | - |
| 2016 | $35,730 | 2.04% | - |
| 2015 | $35,000 | 4.31% | - |
| 2014 | $33,490 | 2.72% | - |
| 2013 | $32,580 | 0.43% | - |
| 2012 | $32,440 | - | - |
The average salaries of precision instrument and equipment repairers in six industries in the retail trade sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for precision instrument and equipment repairer occupations is the miscellaneous store retailers industry with an annual salary $53,760. The lowest paying industry is the sporting goods stores industry (annual salary $35,030). For detailed precision instrument and equipment repairer salary information in a particular industry, use the links provided below.
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].