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Average Electrical Engineers Salary in Charlotte-Concord-Gastonia, NC-SC

Electrical Engineers in the Charlotte-Concord-Gastonia, NC-SC metropolitan area earn an impressive average annual salary of $121,630. This figure slightly surpasses the national average of $121,030, indicating a robust demand and competitive compensation landscape within the region. Local economic factors and industry concentration likely contribute to this favorable pay.

Executive Summary

  • Average Salary: $121,630 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $182,430.
  • Outlook: With a local workforce of 1,590 Electrical Engineers and a Location Quotient of 0.97, the Charlotte-Concord-Gastonia area presents a stable job market for these professionals. While the concentration is just shy of the national average, the sheer number of jobs available (1.189 per 1,000 workers) suggests consistent opportunities and a healthy demand for skilled electrical engineering talent.
2024 Market Data

Salary Overview

$121,630

The average Electrical Engineers in Charlotte-Concord-Gastonia, NC-SC earns+0.5%above the national average.

BreakdownBased on 40h/week
Hourly

$58.5

Weekly

$2,339

Monthly

$10,136

Electrical Engineers Salary Distribution in Charlotte-Concord-Gastonia, NC-SC

Salary progression for Electrical Engineers in Charlotte-Concord-Gastonia, as elsewhere, is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect significantly higher earnings. The widening gap between lower and higher salary percentiles reflects the substantial career advancement and earning potential available through experience and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$76,390$36.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$91,223$43.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$114,450$55
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$152,038$73.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$182,430$87.7

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$121,630

Gross Pay

Real Wage (Purchasing Power)

$121,630

Adjusted for COL (100)

The average annual salary of $121,630 in Charlotte-Concord-Gastonia 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 this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

1,590

Total Jobs

1.189

Per 1K Jobs

0.97

Location Quotient

Below Average

Charlotte-Concord-Gastonia, NC-SC has 0.97x the national average concentration of Electrical Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.97 for Electrical Engineers in Charlotte-Concord-Gastonia indicates that the concentration of these professionals is very close to the national average. This suggests a well-established but not overly saturated market, implying a healthy balance between job availability and the number of qualified candidates, making it a competitive yet accessible environment for new entrants and experienced professionals alike.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Charlotte-Concord-Gastonia, NC-SC

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Charlotte-Concord-Gastonia, NC-SC?

The median annual salary for a Electrical Engineers in Charlotte-Concord-Gastonia, NC-SC is $121,630. This typically ranges from $76,390 for entry-level positions to $182,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 0.5% higher than the national median of $121,030.

Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Electrical Engineers?

Yes, it is a lucrative place for Electrical Engineers.The average salary of $121,630 is slightly above the national average, and the cost of living is exactly at the national average, providing excellent purchasing power.

Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Electrical Engineers?

The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?

Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($108,430) and Spartanburg, SC.

How does the Charlotte Electrical Engineer salary compare to the national average?

The average annual salary for Electrical Engineers in Charlotte-Concord-Gastonia, NC-SC is $121,630, which is slightly higher than the national average of $121,030.

What is the cost of living in Charlotte-Concord-Gastonia, NC-SC for Electrical Engineers?

The cost of living index in Charlotte-Concord-Gastonia, NC-SC is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated is the Electrical Engineer job market in Charlotte?

The job market for Electrical Engineers in Charlotte-Concord-Gastonia, NC-SC has a Location Quotient of 0.97, indicating a concentration very close to the national average.

How many Electrical Engineers work in the Charlotte area?

There are approximately 1,590 Electrical Engineers employed within the Charlotte-Concord-Gastonia, NC-SC 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 1,590 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 1.189 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.