The Elevator and Escalator Installers and Repairers career outlook (SOC 47-4021) combines two separate BLS data products: Employment Projections for 2023-2033 trajectory, and Occupational Employment and Wage Statistics from May 2025 for current pay. Projected employment change is +5.0% over the decade, which BLS classifies as about as fast as average versus the 5% all-occupations baseline. That places it 0.0 percentage points above the national average across all occupations. Annual openings combining growth, retirement replacement, and transfers are projected at 2 per year.

Current workforce size for this occupation stands at approximately 23,790 based on the BLS OEWS May 2025 count. Median pay sits at $109,910 per year ($52.84/hr/hour), with a 10th-to-90th percentile spread from $59,270 to $158,890 — enough range that the choice between entry and senior positioning can change total earnings by 2-3× over a career. Typical entry-level credential is High school diploma or equivalent.

Growth projections are directional indicators, not guarantees. BLS revises these every two years based on updated demographic, technology, and policy inputs — the 2023-2033 projections already factor in assumptions about AI adoption, remote-work normalization, demographic aging, energy transition, and post-pandemic industry shifts, but unforeseen disruptions (recessions, breakthrough technologies, policy changes) can reshape 5-year-out numbers. When treating this page as career-decision evidence, pair the growth percentage with annual openings (small occupations growing fast can still offer few actual entry points, while large occupations growing slowly can offer thousands of replacement opportunities), look at the percentile pay band to understand realistic entry and senior compensation, and check whether the credential requirements match your current educational investment. The "Similar Occupations" list below highlights adjacent SOC codes worth considering as comparison anchors or alternative pathways.