The annual salary statistics of farm equipment mechanics and service technicians in Lafayette, Indiana is shown in Table 1. The wage statistics of farm equipment mechanics and service technicians in Lafayette is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $26,100 |
| 25th Percentile Wage | $30,160 |
| 50th Percentile Wage | $36,310 |
| 75th Percentile Wage | $46,330 |
| 90th Percentile Wage | $56,020 |
Table 1 shows the average annual salary for farm equipment mechanics and service technicians in Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $56,020. The median (50th percentile) annual salary is $36,310. The average annual salary for the bottom 10 percent earners is $26,100.
The table and chart below show the trend of the median salary of farm equipment mechanics and service technicians from 2012 to 2014. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2014 | $36,310 | 7.16% | 0.47% |
| 2013 | $33,710 | -7.21% | - |
| 2012 | $36,140 | - | - |
From Table 3 we note that the median annual salary of $36,310 in Lafayette is in the middle of salary range for farm equipment mechanics and service technicians in state of Indiana. In comparison, the annual salary of farm equipment mechanics and service technicians in Lafayette is 37.5 percent (37.5%) lower than that in the highest paying Southern Indiana nonmetropolitan area and 1.4 percent (1.4%) higher than that in the lowest paying Terre Haute.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southern Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Fort Wayne | |
| Gary | |
| Northern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Lafayette | |
| Terre Haute |