Average Electrical Engineers Salary in Denver-Aurora-Centennial, CO
Electrical Engineers in the Denver-Aurora-Centennial, CO metropolitan area earn an average annual salary of $118,850. This figure is slightly below the national average of $121,030, but local market dynamics and the specific demands of the region's industries play a significant role in shaping compensation. The concentration of relevant industries and the specialized skill set required contribute to this competitive pay.
Executive Summary
- Average Salary: $118,850 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,210.
- Outlook: The Denver-Aurora-Centennial area demonstrates a robust job market for Electrical Engineers, evidenced by a substantial local workforce of 2,840 professionals. With a Location Quotient of 1.44, indicating a higher concentration of these roles compared to the national average, demand for electrical engineering talent in this region is notably strong, suggesting a healthy and active job market.
Salary Overview
The average Electrical Engineers in Denver-Aurora-Centennial, CO earns-1.8%below the national average.
$57.1
$2,286
$9,904
Electrical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electrical Engineers in Denver-Aurora-Centennial have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized skills in areas like renewable energy and advanced manufacturing, and the overall economic expansion of the Denver metropolitan area likely contribute to upward salary pressure.
Electrical Engineers Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression for Electrical Engineers in Denver-Aurora-Centennial typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized expertise and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior-level compensation clearly signifies substantial career growth opportunities and the value placed on experience within the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $80,320 | $38.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $89,138 | $42.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $110,570 | $53.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $148,563 | $71.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,210 | $79.4 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$118,850
Gross Pay
Real Wage (Purchasing Power)
$118,850
Adjusted for COL (100)
The average annual salary of $118,850 for Electrical Engineers in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making Denver a financially stable location for these professionals without significant compromises on lifestyle due to living expenses.
Job Market Context
2,840
Total Jobs
1.757
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.
A Location Quotient of 1.44 signifies that Electrical Engineers are 44% more concentrated in the Denver-Aurora-Centennial area than the national average. This suggests a highly favorable market for job seekers, as the demand for these professionals is significantly higher relative to the general workforce compared to other regions across the United States, indicating a competitive and abundant job market.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Electrical Engineers Salary | $133,030↑ 12% | 27 mi |
| Greeley, CO Electrical Engineers Salary | $113,360↓ 5% | 45 mi |
| Northwest Colorado nonmetropolitan area Electrical Engineers Salary | $114,170↓ 4% | 54 mi |
| Southwest Colorado nonmetropolitan area Electrical Engineers Salary | $110,130↓ 7% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Denver-Aurora-Centennial, CO?
The median annual salary for a Electrical Engineers in Denver-Aurora-Centennial, CO is $118,850. This typically ranges from $80,320 for entry-level positions to $165,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 1.8% lower than the national median of $121,030.
Is Denver-Aurora-Centennial, CO a lucrative place for Electrical Engineers?
Yes, it is a lucrative place for Electrical Engineers.The area offers a strong job market with a higher concentration of Electrical Engineers than the national average, and the salary aligns with the national average cost of living.
Is Denver-Aurora-Centennial, CO a good place to live for Electrical Engineers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($133,030) and Greeley, CO.
How does the Electrical Engineer salary in Denver compare to the national average?
The average salary for Electrical Engineers in Denver-Aurora-Centennial is $118,850, which is slightly lower than the national average of $121,030.
What is the job market like for Electrical Engineers in Denver?
The job market is robust, with a workforce of 2,840 and a Location Quotient of 1.44, indicating higher demand and concentration compared to the national average.
Does the cost of living affect the Electrical Engineer salary in Denver?
No, the cost of living in Denver-Aurora-Centennial is at the national average (100), meaning the $118,850 salary provides purchasing power equivalent to the national average.
How many Electrical Engineers are employed in the Denver-Aurora-Centennial area?
There are approximately 2,840 Electrical Engineers employed in the Denver-Aurora-Centennial 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 2,840 employees in the Denver-Aurora-Centennial, CO area with a job density of 1.757 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical Engineers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO