The annual salary statistics of heating, air conditioning, and refrigeration mechanics and installers in Kokomo, Indiana is shown in Table 1. The wage statistics of heating, air conditioning, and refrigeration mechanics and installers in Kokomo 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 | $36,610 |
| 25th Percentile Wage | $43,610 |
| 50th Percentile Wage | $59,730 |
| 75th Percentile Wage | $85,720 |
| 90th Percentile Wage | $85,720 |
Table 1 shows the average annual salary for heating, air conditioning, and refrigeration mechanics and installers in Kokomo, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $85,720. The median (50th percentile) annual salary is $59,730. The average annual salary for the bottom 10 percent earners is $36,610.
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 | $59,730 | 19.34% | 36.66% |
| 2021 | $48,180 | -6.68% | - |
| 2020 | $51,400 | 3.75% | - |
| 2019 | $49,470 | -28.93% | - |
| 2018 | $63,780 | 28.65% | - |
| 2017 | $45,510 | 20.72% | - |
| 2016 | $36,080 | 7.65% | - |
| 2015 | $33,320 | -4.77% | - |
| 2014 | $34,910 | -25.44% | - |
| 2013 | $43,790 | 13.61% | - |
| 2012 | $37,830 | - | - |
From Table 3 we note that with a median annual salary of $59,730, Kokomo is the second highest paying city for heating, air conditioning, and refrigeration mechanics and installers in state of Indiana, following the highest paying city Bloomington (median annual salary of $59,930). Compared with Bloomington, the median annual salary of heating, air conditioning, and refrigeration mechanics and installers in Kokomo is .3 percent (.3%) lower.