Industrial Machinery Installation, Repair, and Maintenance Worker Salary in Sector of Finance and Insurance

The salary statistics of industrial machinery installation, repair, and maintenance workers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare industrial machinery installation, repair, and maintenance worker salaries in different industries within the finance and insurance sector.

Average Annual Salary of Industrial Machinery Installation, Repair, and Maintenance Workers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$16,680
25th Percentile Wage
$17,780
50th Percentile Wage
$19,600
75th Percentile Wage
$44,240
90th Percentile Wage
$69,460

Table 1 shows the average annual salary for industrial machinery installation, repair, and maintenance workers 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) industrial machinery installation, repair, and maintenance workers is $69,460. The median annual salary (50th percentile) is $19,600. The average annual salary for the bottom 10 percent paid industrial machinery installation, repair, and maintenance workers is $16,680.

Median salary trend

The table and chart below show the trend of the median salary of industrial machinery installation, repair, and maintenance workers in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$19,600
1.02% -214.39%
2016
$19,400
-178.92% -
2014
$54,110
4.97% -
2013
$51,420
-19.84% -
2012
$61,620
- -

Compare Industrial Machinery Installation, Repair, and Maintenance Worker Salary in Different Industries within the Finance and Insurance Sector

The average salaries of industrial machinery installation, repair, and maintenance workers in two industries in the finance and insurance sector are shown below. For detailed industrial machinery installation, repair, and maintenance worker salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$38,450
Other Financial Investment Activities
$38,450

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