Elevator technicians, sometimes referred to as elevator installers or elevator repairers, are highly skilled technicians that install, maintain, repair and troubleshoot operational issues with elevators. They may work on passenger elevators, freight elevators or escalators. Elevator technicians are among the mostly highly compensated technicians in the construction trade, according to the U.S. Department of Labor's Bureau of Labor Statistics. Elevator technician salaries can vary widely based on the tech's geographic location and employer type.
The mean annual income for elevator technicians at all levels of experience from across the United States was $70,010 as of May 2010, according to the Bureau of Labor Statistics. The top 10 percent of U.S.-based elevator technicians earned more than $101,390 per year, while the bottom 10 percent earned annual salaries of less than $39,060. The middle 50 percent of U.S.-based elevator technicians earned annual salaries of between $54,570 and $86,450.
There were more jobs for elevator technicians in the state of New York than in any other state in the country. Approximately 3,750 of the nation's 20,430 elevator tech's worked in New York state as of May 2010, according to the Bureau of Labor Statistics. New York-based elevator technicians earned above the national average with a mean annual income of $73,190. There were only 30 reported jobs for elevator technicians in the state of New Hampshire, but these technicians were the highest paid in the country with a mean annual wage of $97,530. Elevator technicians who worked in California, Maine, Nevada and Michigan also earned mean annual wages in excess of $90,000.
More than 92 percent of all elevator technicians worked in the building equipment contractors industry as of May 2010, according to the Bureau of Labor Statistics. The building equipment contractors industry was the highest paying industry for elevator techs. Elevator techs who worked in this industry earned mean annual wages of $70,920. Techs who worked in industries like machinery, equipment and supplies merchant wholesalers earned mean wages of $57,010 per year, and those who worked for the federal executive branch of the government earned mean annual wages of $61,100.
An elevator technician's base salary represented approximately 69 percent of his total compensation as of June 2011, according to the Salary website. The Salary website reports the average cash bonus for elevator technicians adds 2.1 percent and paid time off accounts for an additional 8.8 of a tech's total compensation package. The remaining 20.1 percent includes employer contributions to the tech's health and disability insurance, and employer contributions to government and private pension and retirement programs.