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Average Electrical Engineers Salary in Asheville, NC

Electrical Engineers in Asheville, NC, earn an average annual salary of $104,340. This figure is notably below the national average of $121,030, suggesting that local market dynamics and potentially a different industry focus in Asheville influence compensation. While Asheville offers a unique lifestyle, the compensation for this role reflects the specific economic landscape of the region.

Executive Summary

  • Average Salary: $104,340 per year.
  • Growth Trend: Salaries have shifted 8.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $150,860.
  • Outlook: The Asheville, NC market for Electrical Engineers is moderately concentrated, with a Location Quotient of 1.09 indicating a slightly higher presence than the national average. With a local workforce of 250 professionals in this field, the demand appears stable, though not exceptionally high. The number of jobs per 1,000 workers, at 1.333, further supports a consistent, albeit not rapidly expanding, job market for these specialized engineers.
2024 Market Data

Salary Overview

$104,340

The average Electrical Engineers in Asheville, NC earns-13.8%below the national average.

BreakdownBased on 40h/week
Hourly

$50.2

Weekly

$2,007

Monthly

$8,695

Electrical Engineers Salary Distribution in Asheville, NC

Salary progression for Electrical Engineers in Asheville, NC, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with extensive project management and design expertise can command salaries in the upper percentiles. The gap between starting and senior-level compensation highlights clear career advancement opportunities and the increasing value placed on specialized knowledge and leadership within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$71,020$34.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$78,255$37.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$96,210$46.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$130,425$62.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$150,860$72.5

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$104,340

Gross Pay

Real Wage (Purchasing Power)

$104,340

Adjusted for COL (100)

The average Electrical Engineer salary of $104,340 in Asheville, NC, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the nominal salary earned by an Electrical Engineer in Asheville offers purchasing power equivalent to the national average. While the salary is below the national average for the profession, the cost of living being at par suggests that the real value of the income is maintained, offering a balanced lifestyle.

Job Market Context

250

Total Jobs

1.333

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Asheville, NC has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

With a Location Quotient of 1.09, Asheville, NC, shows a slightly higher concentration of Electrical Engineers compared to the national average. This suggests a moderately competitive market where demand is present and perhaps growing, but not saturated. The presence of a slightly denser talent pool could mean employers have a reasonable selection of candidates, while engineers may find a steady stream of opportunities without facing extreme competition.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Asheville, NC

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Asheville, NC?

The median annual salary for a Electrical Engineers in Asheville, NC is $104,340. This typically ranges from $71,020 for entry-level positions to $150,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Asheville, NC is 13.8% lower than the national median of $121,030.

Is Asheville, NC a lucrative place for Electrical Engineers?

No, not exceptionally lucrative compared to the national average.While the average salary of $104,340 is substantial, it falls below the national average of $121,030. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Asheville, NC a good place to live for Electrical Engineers?

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

Where are the highest paying cities near Asheville, NC?

Some top paying nearby cities include Greenville-Anderson-Greer, SC ($113,380) and Johnson City, TN.

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

The average salary for Electrical Engineers in Asheville, NC, is $104,340, which is approximately $16,690 less than the national average of $121,030.

What is the cost of living in Asheville, NC for Electrical Engineers?

The cost of living in Asheville, NC, is at the national average, indexed at 100. This means that the $104,340 salary has the same purchasing power as the national average salary in a location with a cost of living of 100.

How concentrated is the Electrical Engineer job market in Asheville, NC?

Asheville, NC has a slightly higher concentration of Electrical Engineers than the national average, indicated by a Location Quotient of 1.09.

What is the total number of Electrical Engineers in Asheville, NC?

There are approximately 250 Electrical Engineers working in Asheville, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Asheville, NC area with a job density of 1.333 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.