Heating, Air Conditioning, and Refrigeration Mechanic and Installer Hourly Pay in Fishers, IN: $28.48 (2026)
Quick Answer:Hourly pay for a heating, air conditioning, and refrigeration mechanic and installer working in Fishers, IN runs $28.48 at the median for 2026 — annualizing to $59,236 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 49-9021). Weighted against Fishers's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $31.19 nationally would. A 24-hour part-time schedule grosses $35,540 per year.
Based on BLS state-level estimates · View source
In Fishers, Indiana, the heating, air conditioning, and refrigeration mechanic and installer hourly pay is projected to be $28.48 in 2026, slightly lower than the national median of $28.93. This rate offers a viable income for those working in this field, whether they're employed full-time or taking on part-time roles. For technicians who often work three days a week, this translates to meaningful earnings that can support their living expenses. The hourly pay range varies significantly, from $18.01 for entry-level positions to $44.14 for the most experienced technicians in the area, reflecting the diverse opportunities available across various work settings. Typical environments include residential service routes, commercial mechanical rooms, and self-employed contractor positions, demonstrating the flexibility and demand for services in Fishers.
About the Fishers Market
Salary estimated from Indiana average ($56,000) adjusted for local cost of living.
Heating, Air Conditioning, and Refrigeration Mechanic and Installer Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.01 | $144.10 |
| Lower Range (P25) | $21.84 | $174.75 |
| Median (P50) | $28.48 | $227.82 |
| Upper Range (P75) | $35.15 | $281.23 |
| Top Earners (P90) | $44.14 | $353.15 |
Estimated Annual Income by Work Schedule in Fishers
Based on $28.48/hr median hourly rate · 2026 est.
At $28.48/hr, a heating, air conditioning, and refrigeration mechanic and installer working full-time (40 hr/wk) in Fishers, IN can expect to earn approximately $59,234 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,173. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Fishers.
Hourly Rate Calculator
Schedule Comparison in Fishers
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,139.11 | $4,936 | $59,234 |
| Part-Time (24 hrs) | $683.47 | $2,962 | $35,540 |
| Per Diem (16 hrs) | $455.65 | $1,974 | $23,694 |
Compare HACR Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Heating, Air Conditioning, and Refrigeration Mechanic and Installer (Fishers) | $28.48 |
| Electrician (National Avg) | $31.97 |
| Plumber (National Avg) | $32.85 |
| Industrial Machinery Mechanic (National Avg) | $29.53 |
| Auto Service Technician (National Avg) | $24.83 |
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.
Heating, Air Conditioning, and Refrigeration Mechanic and Installer Hourly Pay vs. Cost of Living
Working 24h/week at $28.48/hr = $35,540/year (purchasing power: $38,927).
Working 40h/week (full-time) = $59,234/year (purchasing power: $64,878).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$21.91/hr
2025 BLS Actual
$27.43/hr
2026 Current Est.
$28.48/hr
2019–2027 Growth
+34.9%
Hourly Rate 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 | Hourly Rate | Status |
|---|---|---|
| 2019 | $21.91/hr | Actual |
| 2020 | $22.75/hr | Actual |
| 2021 | $21.86/hr | Actual |
| 2022 | $23.10/hr | Actual |
| 2023 | $25.76/hr | Actual |
| 2024 | $24.52/hr | Actual |
| 2025 | $27.43/hr | Actual |
| 2026(current) | $28.48/hr | Estimated |
| 2027 | $29.57/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for heating, air conditioning, and refrigeration mechanics and installers in Fishers grew 25.2% from $21.91/hr (2019) to $27.43/hr (2025). At a 3.82% projected growth rate, hourly pay is expected to reach $29.57/hr by 2027. Part-time and per-diem heating, air conditioning, and refrigeration mechanics and installers can use this multi-year trend to benchmark future contract negotiations.
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.
Working as an Hourly Heating, Air Conditioning, and Refrigeration Mechanic and Installer in Fishers
When considering the annual earnings for a part-time 3-day work schedule, a heating, air conditioning, and refrigeration mechanic and installer might take home a substantial income even while working fewer hours. With base pay averaging between $30 and $55 per hour for per diem heating, air conditioning, and refrigeration mechanics on out-of-town projects, additional per diem can enhance total earnings significantly. Moreover, working with residential service companies versus commercial contractors can lead to differing hourly rates; commercial technicians often enjoy stable pay without the commission pressure faced in residential roles, which can lead to higher earnings in bustling markets. As technicians navigate these options, weighing benefits like health insurance against hourly rates without benefits becomes part of their decision-making process. Negotiating for the best compensation—whether through commission structures or better base rates—can significantly impact financial stability and professional growth in the HVAC industry in Fishers.
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.82% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for heating, air conditioning, and refrigeration mechanics and installers in Fishers. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
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