The annual salary statistics of electric motor, power tool, and related repairers in Virginia Beach-Norfolk-Newport News, Virginia is shown in Table 1. The wage statistics of electric motor, power tool, and related repairers in Virginia Beach-Norfolk-Newport News 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 | $32,620 |
| 25th Percentile Wage | $36,980 |
| 50th Percentile Wage | $44,360 |
| 75th Percentile Wage | $60,020 |
| 90th Percentile Wage | $62,570 |
Table 1 shows the average annual salary for electric motor, power tool, and related repairers in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,570. The median (50th percentile) annual salary is $44,360. The average annual salary for the bottom 10 percent earners is $32,620.
The table and chart below show the trend of the median salary of electric motor, power tool, and related repairers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $44,360 | -7.66% | 0.25% |
| 2021 | $47,760 | -26.09% | - |
| 2020 | $60,220 | 6.48% | - |
| 2019 | $56,320 | 6.75% | - |
| 2018 | $52,520 | 23.67% | - |
| 2017 | $40,090 | 4.14% | - |
| 2016 | $38,430 | 3.20% | - |
| 2015 | $37,200 | -16.64% | - |
| 2014 | $43,390 | -2.83% | - |
| 2013 | $44,620 | 0.83% | - |
| 2012 | $44,250 | - | - |
From Table 3 we note that with a median annual salary of $44,360, Virginia Beach-Norfolk-Newport News is the highest paying city for electric motor, power tool, and related repairers in state of Virginia, followed by Southwestern Virginia nonmetropolitan area (median annual salary $44,020). In comparison, the median annual salary of electric motor, power tool, and related repairers in Virginia Beach-Norfolk-Newport News is .8 percent (.8%) higher than that in Southwestern Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Virginia Beach-Norfolk-Newport News | |
| Southwestern Virginia nonmetropolitan area | |
| Richmond | |
| Kingsport-Bristol-Bristol |