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Average Electrical Engineers Salary in Cape Coral-Fort Myers, FL

The average salary for Electrical Engineerss in Cape Coral-Fort Myers, FL is $103,430. While this is lower than the national average, the cost of living in Cape Coral-Fort Myers, FL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $103,430 per year.
  • Growth Trend: Salaries have shifted 7.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $144,250.
  • Outlook: The current demand for Electrical Engineerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Cape Coral-Fort Myers, FL economy.
2024 Market Data

Salary Overview

$103,430

The average Electrical Engineers in Cape Coral-Fort Myers, FL earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$49.7

Weekly

$1,989

Monthly

$8,619

Electrical Engineers Salary Distribution in Cape Coral-Fort Myers, FL

The earning potential for Electrical Engineerss in Cape Coral-Fort Myers, FL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $76,570, while highly experienced professionals can command wages upwards of $144,250.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$76,570$36.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,573$37.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$97,430$46.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,288$62.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$144,250$69.4

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$103,430

Gross Pay

Real Wage (Purchasing Power)

$103,430

Adjusted for COL (100)

In Cape Coral-Fort Myers, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $103,430 to $103,430.

Job Market Context

100

Total Jobs

0.325

Per 1K Jobs

0.27

Location Quotient

Low Concentration

At 0.27x, Cape Coral-Fort Myers, FL has a notably lower concentration of Electrical Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

100 people work as Electrical Engineers in Cape Coral-Fort Myers, FL.

Only 0.325 out of every 1,000 local jobs are Electrical Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Cape Coral-Fort Myers, FL

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Cape Coral-Fort Myers, FL?

The median annual salary for a Electrical Engineers in Cape Coral-Fort Myers, FL is $103,430. This typically ranges from $76,570 for entry-level positions to $144,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cape Coral-Fort Myers, FL is 14.5% lower than the national median of $121,030.

Is Cape Coral-Fort Myers, FL a good place for Electrical Engineerss?

It depends on your priorities. While the average Electrical Engineers salary in Cape Coral-Fort Myers, FL is $103,430 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Cape Coral-Fort Myers, FL. See distinct detailed breakdown below.

Is Cape Coral-Fort Myers, FL a good place to live for Electrical Engineers?

The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cape Coral-Fort Myers, FL?

Some top paying nearby cities include North Port-Bradenton-Sarasota, FL ($110,710) and North Florida nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Cape Coral-Fort Myers, FL area with a job density of 0.325 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.