The annual salary statistics of heating, air conditioning, and refrigeration mechanics and installers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of heating, air conditioning, and refrigeration mechanics and installers in Indianapolis-Carmel 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 | $36,830 |
| 25th Percentile Wage | $45,770 |
| 50th Percentile Wage | $54,490 |
| 75th Percentile Wage | $66,010 |
| 90th Percentile Wage | $85,240 |
Table 1 shows the average annual salary for heating, air conditioning, and refrigeration mechanics and installers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $85,240. The median (50th percentile) annual salary is $54,490. The average annual salary for the bottom 10 percent earners is $36,830.
The table and chart below show the trend of the median salary of heating, air conditioning, and refrigeration mechanics and installers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $54,490 | 9.27% | 10.50% |
| 2021 | $49,440 | -11.45% | - |
| 2020 | $55,100 | 0.89% | - |
| 2019 | $54,610 | 4.25% | - |
| 2018 | $52,290 | 6.22% | - |
| 2017 | $49,040 | -5.81% | - |
| 2016 | $51,890 | 6.19% | - |
| 2015 | $48,680 | -1.27% | - |
| 2014 | $49,300 | 7.95% | - |
| 2013 | $45,380 | -7.47% | - |
| 2012 | $48,770 | - | - |
From Table 3 we note that the median annual salary of $54,490 in Indianapolis-Carmel is in the middle of salary range for heating, air conditioning, and refrigeration mechanics and installers in state of Indiana. In comparison, the annual salary of heating, air conditioning, and refrigeration mechanics and installers in Indianapolis-Carmel is 9.1 percent (9.1%) lower than that in the highest paying Bloomington and 31.0 percent (31.0%) higher than that in the lowest paying Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington | |
| Kokomo | |
| Northern Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Southern Indiana nonmetropolitan area | |
| Elkhart-Goshen | |
| Lafayette-West Lafayette | |
| Fort Wayne | |
| Michigan City-La Porte | |
| Terre Haute | |
| Muncie | |
| Anderson | |
| Central Indiana nonmetropolitan area | |
| Columbus | |
| Gary | |
| Lafayette |