Heating, Air Conditioning, and Refrigeration Mechanics and Installer Salary in the Industry of Insurance Carriers and Related Activities

The salary statistics and trend of heating, air conditioning, and refrigeration mechanics and installers in the industry of insurance carriers and related activities are shown in the following tables and chart. In Table 3 we compare heating, air conditioning, and refrigeration mechanics and installer salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,110
25th Percentile Wage
$52,520
50th Percentile Wage
$60,800
75th Percentile Wage
$71,940
90th Percentile Wage
$81,430

Table 1 shows the average annual salaries for heating, air conditioning, and refrigeration mechanics and installers in the industry of insurance carriers and related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) heating, air conditioning, and refrigeration mechanics and installers is $81,430. The median annual salary (50th percentile) is $60,800. The average annual salary for the bottom 10 percent heating, air conditioning, and refrigeration mechanics and installers is $40,110.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of heating, air conditioning, and refrigeration mechanics and installers in the industry of Insurance Carriers and Related Activities from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$60,800
7.40% 14.21%
2016
$56,300
-0.11% -
2015
$56,360
3.80% -
2014
$54,220
2.21% -
2013
$53,020
1.62% -
2012
$52,160
- -

Table 3. Compare Heating, Air Conditioning, and Refrigeration Mechanics and Installer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of heating, air conditioning, and refrigeration mechanics and installers in seven industries within the finance and insurance sector are shown in Table 3. For salary information of heating, air conditioning, and refrigeration mechanics and installers in a specific industry, use the links in the table.

Industry Median Annual Salary
Monetary Authorities-Central Bank
$68,910
Monetary Authorities-Central Bank
$68,910
Direct Insurance (except Life, Health, and Medical) Carriers
$65,560
Insurance Carriers
$62,450
Insurance Carriers and Related Activities
$60,800
Credit Intermediation and Related Activities
$57,540
Credit Intermediation and Related Activities
$57,180

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