The annual salary statistics of farm equipment mechanics and service technicians in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of farm equipment mechanics and service technicians in Waterloo-Cedar Falls 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 | $38,840 |
| 25th Percentile Wage | $47,790 |
| 50th Percentile Wage | $54,210 |
| 75th Percentile Wage | $62,860 |
| 90th Percentile Wage | $74,600 |
Table 1 shows the average annual salary for farm equipment mechanics and service technicians in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $74,600. The median (50th percentile) annual salary is $54,210. The average annual salary for the bottom 10 percent earners is $38,840.
The table and chart below show the trend of the median salary of farm equipment mechanics and service technicians from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $54,210 | 11.33% | 32.50% |
| 2021 | $48,070 | 12.75% | - |
| 2020 | $41,940 | -1.14% | - |
| 2019 | $42,420 | 10.42% | - |
| 2018 | $38,000 | -13.32% | - |
| 2017 | $43,060 | 0.56% | - |
| 2016 | $42,820 | 1.89% | - |
| 2015 | $42,010 | 2.71% | - |
| 2014 | $40,870 | 5.06% | - |
| 2013 | $38,800 | 5.70% | - |
| 2012 | $36,590 | - | - |
From Table 3 we note that with a median annual salary of $54,210, Waterloo-Cedar Falls is the highest paying city for farm equipment mechanics and service technicians in state of Iowa, followed by Cedar Rapids (median annual salary $53,110). In comparison, the median annual salary of farm equipment mechanics and service technicians in Waterloo-Cedar Falls is 2.0 percent (2.0%) higher than that in Cedar Rapids.
| Cities/Areas | Median Annual Salary |
|---|---|
| Waterloo-Cedar Falls | |
| Cedar Rapids | |
| Iowa City | |
| Des Moines-West Des Moines | |
| Ames | |
| Northwest Iowa nonmetropolitan area | |
| Dubuque | |
| Southeast Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island |