Electrical and Electronic Equipment Mechanics, Installer, and Repairer Salary in the Industry of Direct Insurance (except Life, Health, and Medical) Carriers

The salary statistics and trend of electrical and electronic equipment mechanics, installers, and repairers in the industry of direct insurance (except life, health, and medical) carriers are shown in the following tables and chart. In Table 3 we compare electrical and electronic equipment mechanics, installer, and repairer salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$25,800
25th Percentile Wage
$31,500
50th Percentile Wage
$51,500
75th Percentile Wage
$66,990
90th Percentile Wage
$77,840

Table 1 shows the average annual salaries for electrical and electronic equipment mechanics, installers, and repairers in the industry of direct insurance (except life, health, and medical) carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) electrical and electronic equipment mechanics, installers, and repairers is $77,840. The median annual salary (50th percentile) is $51,500. The average annual salary for the bottom 10 percent electrical and electronic equipment mechanics, installers, and repairers is $25,800.

Median salary trend

The table and chart below show the trend of the median salary of electrical and electronic equipment mechanics, installers, and repairers in the industry of Direct Insurance (except Life, Health, and Medical) Carriers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$51,500
-17.13% 9.55%
2016
$60,320
9.50% -
2015
$54,590
14.98% -
2014
$46,410
0.19% -
2013
$46,320
-0.56% -
2012
$46,580
- -

Table 3. Compare Electrical and Electronic Equipment Mechanics, Installer, and Repairer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of electrical and electronic equipment mechanics, installers, and repairers in three industries within the finance and insurance sector are shown in Table 3. For salary information of electrical and electronic equipment mechanics, installers, and repairers in a specific industry, use the links in the table.

Industry Median Annual Salary
Direct Insurance (except Life, Health, and Medical) Carriers
$51,500
Depository Credit Intermediation
$41,440
Activities Related to Credit Intermediation
$38,080

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