Heating, Air Conditioning, and Refrigeration Mechanic and Installer Salary in Fishers, IN: $59,236 (2026)
Quick Answer:A full-time heating, air conditioning, and refrigeration mechanic and installer in Fishers, IN earns a median $59,236/year (≈ $28.48/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 49-9021). Once you factor in Fishers's price level (9% below national, BEA RPP 91.3), that paycheck buys what $64,881 would nationally. Nominal pay sits 0.2% below the Indiana state average.
Based on BLS state-level estimates · View source
In Fishers, Indiana, the projected median annual salary for heating, air conditioning, and refrigeration mechanics and installers is estimated to reach $59,236 in 2026. This figure, while slightly below the national median of $60,174, illustrates a robust salary landscape with a range from $37,463 at the 10th percentile to as high as $91,815 at the 90th percentile. These estimates, derived from 2025 BLS data and adjusted for local cost considerations, reflect a competitive environment where commission structures, particularly in residential service companies, can significantly enhance earning potential. With a growing emphasis on high-demand services such as heat pump installations, understanding the nuances of the local job market is essential for maximizing income.
About the Fishers Market
Salary estimated from Indiana average ($56,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,463 | $18.01 |
| Lower Range (P25) | $45,443 | $21.84 |
| Median (P50)(typical) | $59,236 | $28.48 |
| Upper Range (P75) | $73,115 | $35.15 |
| Top Earners (P90) | $91,815 | $44.14 |
Median Salary Position
1.56% below the national average
2026 Salary Percentile Distribution in Fishers
In Fishers, IN, the heating, air conditioning, and refrigeration mechanic and installer salary spread from the 10th to 90th percentile is $54,352 (2026 est.). At $59,236, the local median is 1.56% below the national median of $60,174.
Salary Calculator
At 40 hours/week in Fishers: You'd be in the lower-middle range
How Fishers Heating, Air Conditioning, and Refrigeration Mechanic and Installer Pay Compares
Fishers median: $59,236/year (2026)
| Compared To | Median Salary | Fishers Pays |
|---|---|---|
| Indiana Average | $59,354 | -0.20% less |
| National Average | $60,174 | -1.56% less |
Heating, Air Conditioning, and Refrigeration Mechanic and Installers in Fishers, IN earn a median of $59,236 per year (2026 est.), which is 1.56% lower than the national median of $60,174 and 0.20% below the Indiana state average of $59,354.
Cost-of-Living Adjusted Salary
Fishers has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fishers, IN has a cost-of-living index of 91.3 (below the national average of 100). A heating, air conditioning, and refrigeration mechanic and installer earning $59,236 nominally has purchasing power equivalent to $64,881 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$45,572
2025 BLS Actual
$57,056
2026 Current Est.
$59,236
2019–2027 Growth
+34.9%
Salary Trajectory for Heating, Air Conditioning, and Refrigeration Mechanics and Installers in Fishers (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.82% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $45,572 | Actual |
| 2020 | $47,311 | Actual |
| 2021 | $45,478 | Actual |
| 2022 | $48,059 | Actual |
| 2023 | $53,586 | Actual |
| 2024 | $51,007 | Actual |
| 2025 | $57,056 | Actual |
| 2026(current) | $59,236 | Estimated |
| 2027 | $61,498 | Projected |
Based on 7 years of BLS OEWS data for the Fishers metropolitan area, the median heating, air conditioning, and refrigeration mechanic and installer salary grew 25.2% from $45,572 (2019) to $57,056 (2025). At a 3.82% compound annual growth rate, salaries are projected to reach $61,498 by 2027 — a total increase of $15,926 (34.95%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fishers metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.82% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $37,463 – $45,443 |
| 3-5 years (Mid Career) | $45,443 – $59,236 |
| 5+ years (Experienced) | $59,236 – $73,115 |
| 10+ years (Top Earner) | $73,115 – $91,815 |
HACR salary ranges estimated from BLS percentile data. Individual heating, air conditioning, and refrigeration mechanic and installer compensation varies by employer, certifications, and specialization.
Heating, Air Conditioning, and Refrigeration Mechanic and Installer Job Market in Fishers
The employment context in Fishers includes around 21 individuals working as heating, air conditioning, and refrigeration mechanics and installers, which indicates a specialized workforce amid a cost-of-living index of 91.3—below the national average. This affordability allows for substantial purchasing power for local technicians. Employers such as Carrier dealers and Trane Comfort Specialists often provide heightened pay, particularly through commission structures that can drive salaries upwards for residential technicians, especially those adept at upselling or meeting spiff-driven sales targets. In contrast, commercial HVAC contractors and data center roles offer salaries with more consistency but without the variable components seen in residential work. Professionals seeking to optimize their earnings in Fishers should prioritize gaining relevant certifications, pursuing specialty training in areas like commercial controls, and becoming familiar with state licensing requirements, as these factors can lead to higher pay and increased job stability.
More salary data for Fishers, IN:
Frequently Asked Questions
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Written by Jordan Lee, HVAC Technician
Career Analyst
Jordan has 10 years of experience in HVAC systems. He specializes in residential installation and maintenance.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $57,056 for heating, air conditioning, and refrigeration mechanics and installersin the Fishers metropolitan area. A 3.82% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Fishers is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.82%, derived from historical BLS wage trends for heating, air conditioning, and refrigeration mechanic and installers (SOC 49-9021).
Compiled and verified by Jordan Lee, HVAC Technician, a licensed heating, air conditioning, and refrigeration mechanic and installer with 10+ years of clinical experience. · View source data at BLS.gov