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Average Electrical Engineers Salary in Akron, OH

Electrical Engineers in Akron, OH, can expect an average annual salary of $103,490. This figure is notably below the national average of $121,030, suggesting that local market dynamics and industry concentrations play a significant role in compensation within this Ohio city. While the nominal salary may seem lower, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $103,490 per year.
  • Growth Trend: Salaries have shifted 16.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $139,270.
  • Outlook: Akron's electrical engineering job market shows a healthy concentration, indicated by a Location Quotient of 1.43, meaning the area employs electrical engineers at a rate 43% higher than the national average. With a local workforce of 560 professionals and 1.755 jobs per 1,000 workers, the demand appears robust and suggests a stable, albeit specialized, employment landscape for these engineers.
2024 Market Data

Salary Overview

$103,490

The average Electrical Engineers in Akron, OH earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$49.8

Weekly

$1,990

Monthly

$8,624

Electrical Engineers Salary Distribution in Akron, OH

Salary progression for Electrical Engineers in Akron typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The gap between entry-level and senior roles highlights the substantial career growth and earning potential available through dedicated development and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$72,820$35
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,618$37.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$97,280$46.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,363$62.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$139,270$67

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$103,490

Gross Pay

Real Wage (Purchasing Power)

$103,490

Adjusted for COL (100)

The average annual salary of $103,490 for Electrical Engineers in Akron aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Electrical Engineer's salary in Akron is equivalent to the national average, offering a stable financial environment where the nominal income translates directly to real economic value without significant inflation or deflationary pressures.

Job Market Context

560

Total Jobs

1.755

Per 1K Jobs

1.43

Location Quotient

Above Average

With a location quotient of 1.43, Akron, OH has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

With a Location Quotient of 1.43, Akron exhibits a higher concentration of Electrical Engineers than the national average. This suggests a specialized market where demand may be particularly strong relative to the general workforce, potentially offering more opportunities for those with relevant skills. The abundance of professionals in this area indicates a mature and established sector for electrical engineering roles.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Akron, OH

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Akron, OH?

The median annual salary for a Electrical Engineers in Akron, OH is $103,490. This typically ranges from $72,820 for entry-level positions to $139,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 14.5% lower than the national median of $121,030.

Is Akron, OH a lucrative place for Electrical Engineers?

Yes, with a caveat regarding national averages.Akron offers a competitive salary of $103,490, which aligns with the national average cost of living, making it financially stable. The higher-than-average concentration of these roles (LQ 1.43) indicates strong local demand.

Is Akron, OH a good place to live for Electrical Engineers?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($90,440) and Cleveland, OH.

How does Akron's Electrical Engineer salary compare to the national average?

The average salary for Electrical Engineers in Akron, OH is $103,490, which is below the national average of $121,030. However, the cost of living in Akron is at the national average, meaning the purchasing power of this salary is comparable.

What is the concentration of Electrical Engineers in Akron?

Akron has a higher concentration of Electrical Engineers than the national average, as indicated by a Location Quotient of 1.43. This suggests a specialized and potentially robust local job market for this profession.

How many Electrical Engineers are in Akron?

There are approximately 560 Electrical Engineers working in Akron, OH, contributing to a local workforce that has 1.755 jobs per 1,000 workers in this field.

Does experience impact an Electrical Engineer's salary in Akron?

Yes, experience significantly impacts salary. Entry-level engineers will earn less, while senior engineers with specialized skills and extensive experience can command higher salaries, reflecting career progression and increased value.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Akron, OH area with a job density of 1.755 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.