Average Electrical Engineers Salary in Hickory-Lenoir-Morganton, NC
Electrical Engineers in Hickory-Lenoir-Morganton, NC, can expect an average annual salary of $108,430. This figure is slightly below the national average of $121,030, a common trend in regions with a lower cost of living. Local economic factors and industry demand within the Hickory-Lenoir-Morganton area contribute to this localized compensation.
Executive Summary
- Average Salary: $108,430 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,310.
- Outlook: The electrical engineering job market in Hickory-Lenoir-Morganton, NC, shows a steady presence with a total local workforce of 220 professionals. The Location Quotient of 1.15 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for electrical engineering talent within this specific metropolitan area.
Salary Overview
The average Electrical Engineers in Hickory-Lenoir-Morganton, NC earns-10.4%below the national average.
$52.1
$2,085
$9,036
Electrical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Electrical Engineers in Hickory-Lenoir-Morganton, NC, have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by inflation, increasing demand for specialized skills, and the overall economic development within the region.
Electrical Engineers Salary Distribution in Hickory-Lenoir-Morganton, NC
Salary progression for Electrical Engineers in Hickory-Lenoir-Morganton, NC, is strongly tied to experience. Entry-level positions will command lower salaries, while senior engineers with extensive expertise and project management skills can expect significantly higher compensation. The increasing salary figures across different experience percentiles highlight clear opportunities for career advancement and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $73,190 | $35.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $81,323 | $39.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $103,960 | $50 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $135,538 | $65.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $169,310 | $81.4 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$108,430
Gross Pay
Real Wage (Purchasing Power)
$108,430
Adjusted for COL (100)
The average annual salary of $108,430 for Electrical Engineers in Hickory-Lenoir-Morganton, NC, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an Electrical Engineer's salary in this area is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
220
Total Jobs
1.41
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Hickory-Lenoir-Morganton, NC has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.
With a Location Quotient of 1.15, Hickory-Lenoir-Morganton, NC, demonstrates a slightly higher concentration of Electrical Engineers than the national average. This suggests a healthy, competitive market where employers are actively seeking qualified professionals, and there is a good availability of talent for specialized roles within the region.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC Electrical Engineers Salary | $121,630↑ 12% | 45 mi |
| Spartanburg, SC Electrical Engineers Salary | $110,080↑ 2% | 65 mi |
| Winston-Salem, NC Electrical Engineers Salary | $88,310↓ 19% | 65 mi |
| Asheville, NC Electrical Engineers Salary | $104,340↓ 4% | 70 mi |
| Johnson City, TN Electrical Engineers Salary | $103,860↓ 4% | 72 mi |
Comparing salaries near Hickory-Lenoir-Morganton, NC
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Hickory-Lenoir-Morganton, NC?
The median annual salary for a Electrical Engineers in Hickory-Lenoir-Morganton, NC is $108,430. This typically ranges from $73,190 for entry-level positions to $169,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hickory-Lenoir-Morganton, NC is 10.4% lower than the national median of $121,030.
Is Hickory-Lenoir-Morganton, NC a lucrative place for Electrical Engineers?
Yes, it offers a stable earning potential.Electrical Engineers in Hickory-Lenoir-Morganton, NC, earn an average of $108,430, which is competitive given the national average cost of living in the area.
Is Hickory-Lenoir-Morganton, NC a good place to live for Electrical Engineers?
The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?
Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($121,630) and Spartanburg, SC.
How does the Hickory-Lenoir-Morganton salary compare to the national average?
The average salary for Electrical Engineers in Hickory-Lenoir-Morganton, NC, is $108,430, which is approximately 10.5% lower than the national average of $121,030.
What is the concentration of Electrical Engineers in Hickory-Lenoir-Morganton, NC?
The Location Quotient of 1.15 indicates that Electrical Engineers are slightly more concentrated in Hickory-Lenoir-Morganton, NC, than the national average, suggesting a solid local demand.
Does the cost of living affect the Electrical Engineer salary in Hickory-Lenoir-Morganton, NC?
No, the cost of living in Hickory-Lenoir-Morganton, NC, is exactly at the national average (100), meaning the $108,430 salary has equivalent purchasing power to the national average salary.
How many Electrical Engineers work in Hickory-Lenoir-Morganton, NC?
There are approximately 220 Electrical Engineers employed within the Hickory-Lenoir-Morganton, NC, 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 220 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 1.41 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 Hickory-Lenoir-Morganton, NC