Average Precision Instrument Repairer Salary in United States for 2024

In this article, we will look at the average Precision Instrument Repairer salary for 2024 in United States and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Precision Instrument Repairer Make in United States?

A Precision Instrument Repairer working in United States will typically earn around 41,700 USD per year, and this can range from the lowest average salary of about 21,200 USD to the highest average salary of 61,700 USD.

Average Annual Salary
41,700 USD
Average Monthly Salary
3,475 USD

Lowest Annual Salary
21,200 USD
Lowest Monthly Salary
1,766 USD

Highest Annual Salary
61,700 USD
Highest Monthly Salary
5,141 USD

These are average salaries for a Precision Instrument Repairer in United States and include benefits such as housing and transport. It's also possible for a Precision Instrument Repairer to earn more or less than the average salaries shown above.

Precision Instrument Repairer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Precision Instrument Repairer Salaries in United States

So we've looked at the average salaries a Precision Instrument Repairer will earn in United States. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Precision Instrument Repairer can earn between 21,200 USD and 61,700 USD on average in United States. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Precision Instrument Repairer in United States is 39,800 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 39,800 USD, and 50% of the population earn more than 39,800 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Precision Instrument Repairer salary in United States, 25% of the population are earning less than 27,300 USD while 75% of the population earn more than 27,300 USD.

75% of the population earn less than 49,200 USD, and 25% of the population earn more than 49,200 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Precision Instrument Repairer Salary by Experience Level in United States

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average precision instrument repairer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Precision Instrument Repairer in United States that has less than two years of experience can expect to earn somewhere in the region of 23,800 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Precision Instrument Repairer salary would increase to 30,700 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Precision Instrument Repairer, the average salary would be 40,600 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 51,600 USD.
  • 15 - 20 Years Experience. A Precision Instrument Repairer with 15 to 20 years of experience can earn an average of 55,700 USD.
  • 20+ Years Experience. For a Precision Instrument Repairer with more than 20 years, the expected average salary increases to 60,900 USD.

Average Salary by Experience Chart

0-2 Years
23,800 USD
2-5 Years +31%
30,700 USD
5-10 Years +40%
40,600 USD
10-15 Years +20%
51,600 USD
15-20 Years +9%
55,700 USD
20+ Years +8%
60,900 USD

Precision Instrument Repairer Salary by Education Level in United States

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Precision Instrument Repairer in United States based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Precision Instrument Repairer in United States with a high school education can earn an average salary of 25,800 USD.

  • Certificate or Diploma. A Precision Instrument Repairer in United States with a certificate or diploma education can earn an average salary of 37,900 USD.

  • Bachelor's Degree. A Precision Instrument Repairer in United States with a bachelor's degree education can earn an average salary of 58,000 USD.

Average Salary by Education Chart

High School
25,800 USD
Certificate or Diploma +47%
37,900 USD
Bachelor's Degree +53%
58,000 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Precision Instrument Repairer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In United States, a male precision instrument repairer will earn an average of 40,700 USD, while a female precision instrument repairer will earn around 39,600 USD.

This means that a male precision instrument repairer earns approximately 3% more than a female precision instrument repairer for performing the same job.

Average Salary by Gender Chart in United States

Male
40,700 USD
Female -3%
39,600 USD

Precision Instrument Repairer Average Pay Raise in United States

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Precision Instrument Repairer in United States is around 9% every 17 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 17 ) × 12  = 6%

What this means is that a Precision Instrument Repairer in United States can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in United States for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Precision Instrument Repairer Bonus and Incentive Rates in United States

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Precision Instrument Repairer is a low bonus based job, with 29% of employees reporting at least one bonus in the last 12 months.

71% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 3%.

Received Bonus
29%
No Bonus
71%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to a Precision Instrument Repairer

In the table below, we have salary information for jobs that are similar to a Precision Instrument Repairer in United States.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 27,400 USD
Assembly Line Worker Factory and Manufacturing 27,100 USD
Assembly Supervisor Factory and Manufacturing 39,600 USD
Assistance Maintenance Manager Factory and Manufacturing 96,400 USD
Assistant Shipping Manager Factory and Manufacturing 87,500 USD
Chemical Equipment Controller Factory and Manufacturing 58,800 USD
Chemical Technican Apprentice Factory and Manufacturing 55,200 USD
CNC Machinist Factory and Manufacturing 61,300 USD
CNC Operator Factory and Manufacturing 58,600 USD
CNC Programmer Factory and Manufacturing 64,900 USD
Colour Technologist Factory and Manufacturing 35,300 USD
Contracts Manager Factory and Manufacturing 107,700 USD
Data Collection Coordinator Factory and Manufacturing 48,600 USD
Demand Planner Factory and Manufacturing 40,000 USD
Derrick Operator Factory and Manufacturing 29,600 USD
Director of Manufacturing Factory and Manufacturing 167,100 USD
Dock Worker Factory and Manufacturing 26,600 USD
Drying Technician Factory and Manufacturing 22,800 USD
Equipment Operator Factory and Manufacturing 23,600 USD
Export Sales Coordinator Factory and Manufacturing 80,500 USD
Factory Superintendent Factory and Manufacturing 38,000 USD
Factory Worker Factory and Manufacturing 30,800 USD
Failure Analysis Technician Factory and Manufacturing 40,300 USD
Fiberglass Laminator Factory and Manufacturing 27,100 USD
Food Technologist Factory and Manufacturing 50,000 USD
Forklift Driver Factory and Manufacturing 26,500 USD
Forklift Operator Factory and Manufacturing 26,300 USD
Forming Machine Operator Factory and Manufacturing 29,000 USD
Furnace Operator Factory and Manufacturing 24,200 USD
Gas Appliance Repairer Factory and Manufacturing 27,800 USD
General Warehouse Associate Factory and Manufacturing 45,100 USD
Heavy Equipment Operator Factory and Manufacturing 33,300 USD
HSE Manager Factory and Manufacturing 119,700 USD
Industrial Engineer Factory and Manufacturing 86,100 USD
Industrial Machinery Mechanic Factory and Manufacturing 53,800 USD
Industrial Production Manager Factory and Manufacturing 158,700 USD
Industrial Safety and Health Engineer Factory and Manufacturing 81,300 USD
Intake Operator Factory and Manufacturing 35,000 USD
Key Account Manager Factory and Manufacturing 134,700 USD
Lift Truck Operator Factory and Manufacturing 26,300 USD
Loading Supervisor Factory and Manufacturing 48,300 USD
Logistic Coordinator Factory and Manufacturing 72,400 USD
Logistics Clerk Factory and Manufacturing 32,300 USD
Machine Operator Factory and Manufacturing 27,800 USD
Machinist Factory and Manufacturing 25,500 USD
Maintenance Manager Factory and Manufacturing 99,900 USD
Maintenance Store Clerk Factory and Manufacturing 25,800 USD
Manufacturing Engineer Factory and Manufacturing 88,300 USD
Manufacturing Engineering Manager Factory and Manufacturing 128,200 USD
Manufacturing Engineering Technologist Factory and Manufacturing 101,400 USD
Manufacturing Manager Factory and Manufacturing 140,200 USD
Manufacturing Operative Factory and Manufacturing 47,100 USD
Manufacturing Production Technician Factory and Manufacturing 32,200 USD
Manufacturing Supervisor Factory and Manufacturing 72,300 USD
Manufacturing Technician Factory and Manufacturing 31,400 USD
Materials Manager Factory and Manufacturing 118,900 USD
Materials Supervisor Factory and Manufacturing 77,000 USD
Mechanical Fitter Engineer Factory and Manufacturing 88,300 USD
Mechanical Foreman Factory and Manufacturing 29,600 USD
Merchandise Planner Factory and Manufacturing 49,400 USD
Metrology Engineer Factory and Manufacturing 79,600 USD
Operations Engineer Factory and Manufacturing 86,100 USD
Operations Manager Factory and Manufacturing 128,200 USD
Order Management Coordinator Factory and Manufacturing 67,500 USD
Order Processing Manager Factory and Manufacturing 114,600 USD
Order Selector Factory and Manufacturing 30,200 USD
Package Handler Factory and Manufacturing 25,800 USD
Packaging Manager Factory and Manufacturing 93,800 USD
Packer Factory and Manufacturing 29,900 USD
Packing Deputy Supervisor Factory and Manufacturing 68,500 USD
Planning Manager Factory and Manufacturing 124,500 USD
Plant Manager Factory and Manufacturing 151,800 USD
Process Technician Factory and Manufacturing 32,900 USD
Product Manager Factory and Manufacturing 138,700 USD
Production Analyst Factory and Manufacturing 115,600 USD
Production Director Factory and Manufacturing 163,800 USD
Production Engineer Factory and Manufacturing 91,700 USD
Production Engineering Supervisor Factory and Manufacturing 134,700 USD
Production Inspector Factory and Manufacturing 88,300 USD
Production Laborer Factory and Manufacturing 22,400 USD
Production Manager Factory and Manufacturing 152,700 USD
Production Operator Factory and Manufacturing 38,700 USD
Production Scheduler Factory and Manufacturing 63,900 USD
Production Supervisor Factory and Manufacturing 84,600 USD
Production Technician Factory and Manufacturing 35,200 USD
Production Worker Factory and Manufacturing 33,000 USD
Quality Control Analyst Factory and Manufacturing 114,600 USD
Quality Control Inspector Factory and Manufacturing 86,100 USD
Quality Control Manager Factory and Manufacturing 130,500 USD
Service Technician Factory and Manufacturing 34,100 USD
SHEQ Officer Factory and Manufacturing 41,300 USD
Shipping Manager Factory and Manufacturing 130,500 USD
Small Engine Mechanic Factory and Manufacturing 45,300 USD
Spray Painter Factory and Manufacturing 27,000 USD
Sterile Processing Technician Factory and Manufacturing 32,200 USD
Structural Welder Factory and Manufacturing 24,200 USD
Supply Chain Operative Factory and Manufacturing 76,800 USD
Technical Operator Factory and Manufacturing 35,400 USD
Technology Development Manager Factory and Manufacturing 158,900 USD
Testing Technician Factory and Manufacturing 62,100 USD
Toolmaker Factory and Manufacturing 46,400 USD
Warehouse Forklift Operator Factory and Manufacturing 26,200 USD
Warehouse Operative Factory and Manufacturing 30,300 USD
Warehouse Worker Factory and Manufacturing 28,900 USD
Warranty Handler Factory and Manufacturing 50,000 USD
Welder Factory and Manufacturing 26,600 USD
Workshop Manager Factory and Manufacturing 100,700 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 39,500 USD
Austin 47,600 USD
Baltimore 42,600 USD
Boston 45,200 USD
Bristol 35,400 USD
Chicago 47,500 USD
Cincinnati 33,000 USD
Cleveland 36,600 USD
Dallas 47,100 USD
Denver 44,500 USD
Detroit 45,200 USD
Honolulu 33,000 USD
Houston 49,700 USD
Indianapolis 44,300 USD
Iowa City 35,100 USD
Jacksonville 46,700 USD
Kansas City 38,000 USD
Kent 35,500 USD
Las Vegas 39,800 USD
Long Beach 37,900 USD
Los Angeles 49,700 USD
Memphis 41,500 USD
Miami 39,800 USD
Minneapolis 36,000 USD
New Orleans 38,700 USD
New York 52,000 USD
Oakland 36,200 USD
Oklahoma City 39,000 USD
Orlando 34,900 USD
Philadelphia 45,800 USD
Phoenix 45,900 USD
Sacramento 39,300 USD
San Antonio 46,900 USD
San Diego 45,000 USD
San Francisco 42,700 USD
San Jose 45,200 USD
Seattle 42,800 USD
Tampa 35,600 USD
Vancouver 33,500 USD
Washington D.C. 45,000 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 43,400 USD
Alaska 36,400 USD
Arizona 45,600 USD
Arkansas 42,400 USD
California 45,800 USD
Colorado 43,500 USD
Connecticut 40,300 USD
Delaware 37,900 USD
District of Columbia 36,200 USD
Florida 45,300 USD
Georgia 46,000 USD
Hawaii 40,300 USD
Idaho 40,300 USD
Illinois 46,200 USD
Indiana 43,100 USD
Iowa 41,000 USD
Kansas 41,000 USD
Kentucky 42,300 USD
Louisiana 42,300 USD
Maine 40,000 USD
Maryland 45,600 USD
Massachusetts 45,600 USD
Michigan 47,500 USD
Minnesota 45,300 USD
Mississippi 42,400 USD
Missouri 45,000 USD
Montana 39,800 USD
Nebraska 38,900 USD
Nevada 40,300 USD
New Hampshire 38,000 USD
New Jersey 46,000 USD
New Mexico 40,700 USD
New York 46,700 USD
North Carolina 42,800 USD
North Dakota 33,000 USD
Ohio 43,400 USD
Oklahoma 39,600 USD
Oregon 38,000 USD
Pennsylvania 44,900 USD
Rhode Island 36,000 USD
South Carolina 41,100 USD
South Dakota 36,500 USD
Tennessee 42,500 USD
Texas 45,000 USD
Utah 36,200 USD
Vermont 34,700 USD
Virginia 41,500 USD
Washington 41,500 USD
West Virginia 36,400 USD
Wisconsin 42,600 USD
Wyoming 33,800 USD

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