Miscellaneous Electrical and Electronic Equipment Mechanics, Installer, and Repairer Salary in Sector of Finance and Insurance

The salary statistics of miscellaneous electrical and electronic equipment mechanics, installers, and repairers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare miscellaneous electrical and electronic equipment mechanics, installer, and repairer salaries in different industries within the finance and insurance sector.

Average Annual Salary of Miscellaneous Electrical and Electronic Equipment Mechanics, Installers, and Repairers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$21,010
25th Percentile Wage
$23,670
50th Percentile Wage
$54,940
75th Percentile Wage
$69,880
90th Percentile Wage
$108,060

Table 1 shows the average annual salary for miscellaneous electrical and electronic equipment mechanics, installers, and repairers 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) miscellaneous electrical and electronic equipment mechanics, installers, and repairers is $108,060. The median annual salary (50th percentile) is $54,940. The average annual salary for the bottom 10 percent paid miscellaneous electrical and electronic equipment mechanics, installers, and repairers is $21,010.

Median salary trend

The table and chart below show the trend of the median salary of miscellaneous electrical and electronic equipment mechanics, installers, and repairers in the industry sector of finance and insurance from 2012 to 2015. Note that there is no salary data for some years between 2012 and 2018.

YearMedian Salary Growth2-Year Growth
2015
$54,940
-6.10% 4.61%
2014
$58,290
10.09% -
2013
$52,410
- -

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

The average salaries of miscellaneous electrical and electronic equipment mechanics, installers, and repairers 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 miscellaneous electrical and electronic equipment mechanics, installer, and repairer occupations is the credit intermediation and related activities industry with an annual salary $61,440. The lowest paying industry is the insurance carriers and related activities industry (annual salary $54,360). For detailed miscellaneous electrical and electronic equipment mechanics, installer, and repairer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Credit Intermediation and Related Activities
$61,440
Depository Credit Intermediation
$59,770
Insurance Carriers and Related Activities
$54,360

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].