The annual salary statistics of motorboat mechanics and service technicians in Ocean City, New Jersey is shown in Table 1. The wage information of motorboat mechanics and service technicians in Ocean City 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 | $36,470 |
| 25th Percentile Wage | $39,350 |
| 50th Percentile Wage | $49,110 |
| 75th Percentile Wage | $62,260 |
| 90th Percentile Wage | $70,520 |
Table 1 shows the average annual salary for motorboat mechanics and service technicians in Ocean City, New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $70,520. The median (50th percentile) annual salary is $49,110. The average annual salary for the bottom 10 percent earners is $36,470.
The table and chart below show the trend of the median salary of motorboat mechanics and service technicians from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $49,110 | 4.05% | 15.62% |
| 2021 | $47,120 | -2.19% | - |
| 2019 | $48,150 | -11.44% | - |
| 2018 | $53,660 | -1.06% | - |
| 2017 | $54,230 | 27.59% | - |
| 2015 | $39,270 | -12.66% | - |
| 2014 | $44,240 | 8.11% | - |
| 2013 | $40,650 | -1.94% | - |
| 2012 | $41,440 | - | - |
From Table 3 we note that with a median annual salary of $49,110, Ocean City is the second highest paying city for motorboat mechanics and service technicians in state of New Jersey, following the highest paying city Atlantic City-Hammonton (median annual salary of $50,290). Compared with Atlantic City-Hammonton, the median annual salary of motorboat mechanics and service technicians in Ocean City is 2.3 percent (2.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Atlantic City-Hammonton | |
| Ocean City | |
| Edison-New Brunswick | |
| Wilmington |