Electrical and Electronic Engineering Technologists and Technicians in the Chicago-Naperville-Elgin, IL-IN area earn an average annual salary of $78,370. This figure slightly surpasses the national average of $75,880, indicating a competitive market. Local economic factors and industry demand within this metropolitan hub likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $78,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,220.
- Outlook: With a local workforce of 1,430 professionals, the Chicago-Naperville-Elgin area demonstrates a significant presence of Electrical and Electronic Engineering Technologists and Technicians. The Location Quotient of 0.53 suggests that while the concentration is below the national average, the absolute number of professionals indicates a stable and established job market with ongoing opportunities.
Salary Overview
The average Electrical and Electronic Engineering Technologists and Technicians in Chicago-Naperville-Elgin, IL-IN earns+3.3%above the national average.
$37.7
$1,507
$6,531
Electrical and Electronic Engineering Technologists and Technicians Salary Trends (2020-2024)
While specific historical data for this role in Chicago isn't provided, it's generally observed that salaries for skilled technical positions like Electrical and Electronic Engineering Technologists and Technicians have seen consistent growth over the past four years. This trend is driven by technological advancements, increasing demand for infrastructure, and the need for specialized expertise across various industries.
Electrical and Electronic Engineering Technologists and Technicians Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Salary progression for Electrical and Electronic Engineering Technologists and Technicians typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $51,440 | $24.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $58,778 | $28.3 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $79,030 | $38 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $97,963 | $47.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $98,220 | $47.2 |
Detailed Electrical and Electronic Engineering Technologists and Technicians Market Analysis
Relocation Context
Nominal Salary
$78,370
Gross Pay
Real Wage (Purchasing Power)
$78,370
Adjusted for COL (100)
The average annual salary of $78,370 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the slightly higher nominal salary effectively offsets the cost of living, providing a stable financial standing for residents.
Job Market Context
1,430
Total Jobs
0.319
Per 1K Jobs
0.53
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.53x the national average concentration of Electrical and Electronic Engineering Technologists and Technicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.53 indicates that Electrical and Electronic Engineering Technologists and Technicians are less concentrated in the Chicago-Naperville-Elgin, IL-IN area compared to the national average. This suggests that while the profession is present, it is not as dominant a sector as in other parts of the country, potentially leading to a more balanced or slightly less competitive job market for these roles.
Nearby Job Markets
Nearby Cities for Electrical and Electronic Engineering Technologists and Technicians
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Electrical and Electronic Engineering Technologists and Technicians Salary | $64,160↓ 18% | 59 mi |
| Niles, MI Electrical and Electronic Engineering Technologists and Technicians Salary | $92,970↑ 19% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Electrical and Electronic Engineering Technologists and Technicianss?
Frequently Asked Questions
How much does a Electrical and Electronic Engineering Technologists and Technicians make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Electrical and Electronic Engineering Technologists and Technicians in Chicago-Naperville-Elgin, IL-IN is $78,370. This typically ranges from $51,440 for entry-level positions to $98,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 3.3% higher than the national median of $75,880.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Electrical and Electronic Engineering Technologists and Technicians?
Yes, it offers slightly above-average compensation.The average salary of $78,370 is higher than the national average, and the cost of living is on par with the national average, making it a financially sound location.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Electrical and Electronic Engineering Technologists and Technicians?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($64,160) and Niles, MI.
How does the Chicago job market compare nationally for this role?
The Chicago-Naperville-Elgin, IL-IN area has a lower concentration (LQ of 0.53) of Electrical and Electronic Engineering Technologists and Technicians compared to the national average, but still maintains a substantial workforce of 1,430 professionals.
What is the cost of living impact on salary in Chicago?
With a Cost of Living Index of 100, the national average, the $78,370 salary in Chicago offers purchasing power equivalent to the national average, making it neither significantly more nor less affordable than the typical US city.
What is the typical salary range for this role in Chicago?
While the average is $78,370, salaries can vary significantly based on experience, employer, and specific specialization, with entry-level roles earning less and senior positions commanding higher compensation.
Are there many job openings for Electrical and Electronic Engineering Technologists and Technicians in Chicago?
The presence of 1,430 professionals and 0.319 jobs per 1,000 workers suggests a consistent, albeit not exceptionally high, level of demand and opportunity within the Chicago metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,430 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.319 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical and Electronic Engineering Technologists and Technicians • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN