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Average Electrical Engineers Salary in Cedar Rapids, IA

Electrical Engineers in Cedar Rapids, IA, command an average annual salary of $111,810, which is slightly below the national average of $121,030. This localized compensation reflects the specific economic conditions and demand within the Cedar Rapids metropolitan area, influenced by the concentration of related industries and the overall cost of living.

Executive Summary

  • Average Salary: $111,810 per year.
  • Growth Trend: Salaries have shifted 3.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $139,860.
  • Outlook: With a total local workforce of 250 Electrical Engineers, Cedar Rapids presents a focused but potentially stable job market. The Location Quotient of 1.48 indicates a higher concentration of these professionals than the national average, suggesting a robust demand or a specialized industry presence that supports this workforce size.
2024 Market Data

Salary Overview

$111,810

The average Electrical Engineers in Cedar Rapids, IA earns-7.6%below the national average.

BreakdownBased on 40h/week
Hourly

$53.8

Weekly

$2,150

Monthly

$9,318

Electrical Engineers Salary Distribution in Cedar Rapids, IA

The salary trajectory for Electrical Engineers in Cedar Rapids, IA, typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior and lead roles can command salaries well above $111,810. The percentile gaps in compensation serve as clear indicators of career progression and the increasing value placed on specialized skills and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$84,270$40.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$83,858$40.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$103,790$49.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$139,763$67.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$139,860$67.2

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$111,810

Gross Pay

Real Wage (Purchasing Power)

$111,810

Adjusted for COL (100)

The average annual salary of $111,810 in Cedar Rapids, IA, 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 Cedar Rapids is equivalent to the national average, offering stability and predictability for those considering a move to the area.

Job Market Context

250

Total Jobs

1.815

Per 1K Jobs

1.48

Location Quotient

Above Average

With a location quotient of 1.48, Cedar Rapids, IA has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

A Location Quotient of 1.48 for Electrical Engineers in Cedar Rapids signifies a market where these professionals are more concentrated than the national average. This suggests a potentially competitive environment for job seekers, but also indicates a strong presence of industries that rely heavily on electrical engineering expertise, potentially offering specialized opportunities.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Cedar Rapids, IA

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Cedar Rapids, IA?

The median annual salary for a Electrical Engineers in Cedar Rapids, IA is $111,810. This typically ranges from $84,270 for entry-level positions to $139,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cedar Rapids, IA is 7.6% lower than the national median of $121,030.

Is Cedar Rapids, IA a lucrative place for Electrical Engineers?

Yes, it offers competitive compensation relative to its cost of living.Electrical Engineers in Cedar Rapids earn $111,810 annually, which, combined with a cost of living index of 100, provides strong purchasing power equivalent to the national average.

Is Cedar Rapids, IA a good place to live for Electrical Engineers?

The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cedar Rapids, IA?

Some top paying nearby cities include Iowa City, IA ($113,200) and Dubuque, IA.

How does the Cedar Rapids Electrical Engineer salary compare to the national average?

The average salary for Electrical Engineers in Cedar Rapids, IA is $111,810, which is approximately 7.6% lower than the national average of $121,030.

What is the significance of the Location Quotient (LQ) in Cedar Rapids for Electrical Engineers?

An LQ of 1.48 indicates that Electrical Engineers are 48% more concentrated in Cedar Rapids than the national average, suggesting a strong local industry presence or demand for these roles.

How does the cost of living in Cedar Rapids affect the Electrical Engineer salary?

With a cost of living index of 100, Cedar Rapids matches the national average, meaning the $111,810 salary offers purchasing power equivalent to the national average, making it a stable financial environment.

Is the job market for Electrical Engineers strong in Cedar Rapids?

The market appears robust, with a higher concentration of Electrical Engineers (LQ of 1.48) and a significant number of jobs per 1,000 workers (1.815), indicating consistent demand.

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 Cedar Rapids, IA area with a job density of 1.815 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.