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Elevator Installer/Repairer Salary in Sherman, TX

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

Median Salary
$92,857
per year in Sherman
Entry Level
$46,917
Starting salary
Senior Level
$129,022
Experienced professionals
Cost of Living
82
18% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$46,917$92,857$129,022
Monthly$3,910$7,738$10,752
Biweekly$1,805$3,571$4,962
Weekly$902$1,786$2,481
Hourly$23$45$62

Sherman vs National Average

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

Sherman Salary
$92,857
COL Index: 82
National Average
$119,200
COL Index: 100
Difference
-$26,343
Lower in Sherman

Cost of Living in Sherman

1-Bedroom Rent
$780
per month
Median Income
$44,821
per year
Population
43,645
residents
Rent % of Income
20.9%
median household
Cost of Living Index: 82 — A score of 100 represents the U.S. average. Salaries in Sherman 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
+37%
Los Angeles, CA
$136,920
+47%
Chicago, IL
$141,380
+52%
Houston, TX
$112,108
+21%
Phoenix, AZ
$110,500
+19%

Financial Tools to Explore

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

Median Salary Overview

The median salary for a elevator installer/repairer in Sherman, TX is $92,857 per year, adjusted for the local cost of living index of 82. This figure reflects typical earnings for experienced professionals in this role, considering Sherman's unique economic conditions.

Salary Range and Experience Levels

Entry-level elevator installer/repairer professionals in Sherman can expect to earn around $46,917 annually. As professionals gain experience, salaries typically increase, with senior-level elevator installer/repairers earning approximately $129,022 per year. This represents a 175% increase from entry to senior level.

Cost of Living Adjustment

Sherman's cost of living index of 82 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Sherman 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 Sherman typically goes toward housing. With a 1-bedroom apartment averaging $780 per month, housing represents about 10.1% 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 Sherman, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.