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Elevator Installer/Repairer Salary in McKinney, TX

How much does a elevator installer/repairer make in McKinney? Explore median, entry-level, and senior salaries adjusted for McKinney's cost of living.

Median Salary
$104,470
per year in McKinney
Entry Level
$52,785
Starting salary
Senior Level
$145,158
Experienced professionals
Cost of Living
111
11% above national avg

Salary Breakdown by Experience Level

See how elevator installer/repairer salaries break down across different pay periods in McKinney.

PeriodEntry LevelMedianSenior
Annual$52,785$104,470$145,158
Monthly$4,399$8,706$12,097
Biweekly$2,030$4,018$5,583
Weekly$1,015$2,009$2,792
Hourly$25$50$70

McKinney vs National Average

How McKinney's elevator installer/repairer salaries compare to national figures.

McKinney Salary
$104,470
COL Index: 111
National Average
$119,200
COL Index: 100
Difference
-$14,730
Lower in McKinney

Cost of Living in McKinney

1-Bedroom Rent
$1,600
per month
Median Income
$68,234
per year
Population
184,246
residents
Rent % of Income
28.1%
median household
Cost of Living Index: 111 — A score of 100 represents the U.S. average. Salaries in McKinney have been adjusted to account for local cost differences.

About Elevator Installer/Repairer

Overview

Install, repair, and maintain elevators and escalators.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Elevator SystemsElectrical WorkSafetyTroubleshooting

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Elevator Installer/Repairer Salary

See Elevator Installer/Repairer salaries in other top cities.

New York, NY
$127,040
+22%
Los Angeles, CA
$136,920
+31%
Chicago, IL
$141,380
+35%
Houston, TX
$112,108
+7%
Phoenix, AZ
$110,500
+6%

Financial Tools to Explore

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Elevator Installer/Repairer Salary in McKinney, TX — Complete Guide

Median Salary Overview

The median salary for a elevator installer/repairer in McKinney, TX is $104,470 per year, adjusted for the local cost of living index of 111. This figure reflects typical earnings for experienced professionals in this role, considering McKinney's unique economic conditions.

Salary Range and Experience Levels

Entry-level elevator installer/repairer professionals in McKinney can expect to earn around $52,785 annually. As professionals gain experience, salaries typically increase, with senior-level elevator installer/repairers earning approximately $145,158 per year. This represents a 175% increase from entry to senior level.

Cost of Living Adjustment

McKinney's cost of living index of 111 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in McKinney are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $119,200, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a elevator installer/repairer's salary in McKinney typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 18.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Elevator Installer/Repairers are in growing demand across the United States, with an expected job growth of 13% over the next decade. In McKinney, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.