SalaryNode

Average Electrical Engineers Salary in Baltimore-Columbia-Towson, MD

Electrical Engineers in the Baltimore-Columbia-Towson, MD area command an impressive average annual salary of $123,960. This figure slightly surpasses the national average of $121,030, indicating a localized demand and potentially higher cost of doing business or specialized industry needs within the region that drive compensation upwards.

Executive Summary

  • Average Salary: $123,960 per year.
  • Growth Trend: Salaries have shifted 8.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $192,730.
  • Outlook: With a local workforce of 2,340 Electrical Engineers and a Location Quotient of 1.42, the Baltimore-Columbia-Towson area demonstrates a robust and concentrated demand for this profession. The LQ exceeding 1.0 signifies that this region employs a proportionally larger number of Electrical Engineers than the national average, suggesting a healthy job market with sustained opportunities.
2024 Market Data

Salary Overview

$123,960

The average Electrical Engineers in Baltimore-Columbia-Towson, MD earns+2.4%above the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,384

Monthly

$10,330

Electrical Engineers Salary Distribution in Baltimore-Columbia-Towson, MD

Career progression for Electrical Engineers in Baltimore-Columbia-Towson, MD, is typically marked by significant salary increases with experience. Entry-level positions may start lower, but as engineers gain expertise and move into mid-level and senior roles, their earning potential expands considerably. The percentile gaps in salary distribution clearly signify these opportunities for career advancement and higher remuneration.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$80,960$38.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$92,970$44.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$111,470$53.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$154,950$74.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$192,730$92.7

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$123,960

Gross Pay

Real Wage (Purchasing Power)

$123,960

Adjusted for COL (100)

The average annual salary of $123,960 in Baltimore-Columbia-Towson, MD, aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective, while potentially offering career advantages.

Job Market Context

2,340

Total Jobs

1.742

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Baltimore-Columbia-Towson, MD has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

The Location Quotient of 1.42 for Electrical Engineers in Baltimore-Columbia-Towson, MD, indicates a market that is significantly more concentrated than the national average. This suggests a strong presence of industries requiring electrical engineering expertise, leading to a competitive yet potentially abundant job market for skilled professionals in this region.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Baltimore-Columbia-Towson, MD

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Baltimore-Columbia-Towson, MD?

The median annual salary for a Electrical Engineers in Baltimore-Columbia-Towson, MD is $123,960. This typically ranges from $80,960 for entry-level positions to $192,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Baltimore-Columbia-Towson, MD is 2.4% higher than the national median of $121,030.

Is Baltimore-Columbia-Towson, MD a lucrative place for Electrical Engineers?

Yes, it is a lucrative place for Electrical Engineers.The average salary of $123,960 is above the national average, and the strong Location Quotient of 1.42 points to high demand and concentration of opportunities.

Is Baltimore-Columbia-Towson, MD a good place to live for Electrical Engineers?

The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Baltimore-Columbia-Towson, MD?

Some top paying nearby cities include Maryland nonmetropolitan area ($99,360) and Washington-Arlington-Alexandria, DC-VA-MD-WV.

How does the local salary compare to the national average?

Electrical Engineers in Baltimore-Columbia-Towson, MD earn an average of $123,960 annually, which is slightly higher than the national average of $121,030.

What is the job market like for Electrical Engineers in this area?

The job market is robust, with a Location Quotient of 1.42 indicating a higher concentration of Electrical Engineers than the national average, suggesting strong demand.

Does the cost of living affect the Electrical Engineer salary?

The local Cost of Living Index is 100, matching the national average. Therefore, the $123,960 salary offers purchasing power equivalent to the national average.

How many Electrical Engineers work in Baltimore-Columbia-Towson, MD?

There are approximately 2,340 Electrical Engineers employed in the Baltimore-Columbia-Towson, MD 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 2,340 employees in the Baltimore-Columbia-Towson, MD area with a job density of 1.742 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.