The salary statistics of automotive service technicians and mechanics in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare automotive service technician and mechanics salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $26,500 |
| 25th Percentile Wage | $31,990 |
| 50th Percentile Wage | $43,270 |
| 75th Percentile Wage | $57,420 |
| 90th Percentile Wage | $71,430 |
Table 1 shows the average annual salary for automotive service technicians and mechanics 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) automotive service technicians and mechanics is $71,430. The median annual salary (50th percentile) is $43,270. The average annual salary for the bottom 10 percent paid automotive service technicians and mechanics is $26,500.
The table and chart below show the trend of the median salary of automotive service technicians and mechanics in the industry sector of finance and insurance from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $43,270 | -8.62% | 30.90% |
| 2017 | $47,000 | 2.83% | - |
| 2016 | $45,670 | 4.60% | - |
| 2015 | $43,570 | 21.76% | - |
| 2014 | $34,090 | 10.33% | - |
| 2013 | $30,570 | 2.19% | - |
| 2012 | $29,900 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].