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Average Electrical Engineers Salary in Homosassa Springs, FL

The average salary for Electrical Engineerss in Homosassa Springs, FL is $98,690. While this is lower than the national average, the cost of living in Homosassa Springs, FL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $98,690 per year.
  • Growth Trend: Salaries have shifted 6.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,460.
  • Outlook: The current demand for Electrical Engineerss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Homosassa Springs, FL economy.
2024 Market Data

Salary Overview

$98,690

The average Electrical Engineers in Homosassa Springs, FL earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$47.5

Weekly

$1,898

Monthly

$8,224

Electrical Engineers Salary Distribution in Homosassa Springs, FL

The earning potential for Electrical Engineerss in Homosassa Springs, 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 $76,090, while highly experienced professionals can command wages upwards of $137,460.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$76,090$36.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$74,018$35.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$92,030$44.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$123,363$59.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$137,460$66.1

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$98,690

Gross Pay

Real Wage (Purchasing Power)

$98,690

Adjusted for COL (100)

In Homosassa Springs, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $98,690 to $98,690.

Job Market Context

30

Total Jobs

0.992

Per 1K Jobs

0.81

Location Quotient

Below Average

Homosassa Springs, FL has 0.81x 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.

30 people work as Electrical Engineers in Homosassa Springs, FL.

Only 0.992 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 Homosassa Springs, FL

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Homosassa Springs, FL?

The median annual salary for a Electrical Engineers in Homosassa Springs, FL is $98,690. This typically ranges from $76,090 for entry-level positions to $137,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Homosassa Springs, FL is 18.5% lower than the national median of $121,030.

Is Homosassa Springs, FL a good place for Electrical Engineerss?

It depends on your priorities. While the average Electrical Engineers salary in Homosassa Springs, FL is $98,690 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Homosassa Springs, FL. See distinct detailed breakdown below.

Is Homosassa Springs, FL a good place to live for Electrical Engineers?

The Cost of Living Index in Homosassa Springs, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Homosassa Springs, FL?

Some top paying nearby cities include Ocala, FL ($110,540) and Tampa-St. Petersburg-Clearwater, FL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Homosassa Springs, FL area with a job density of 0.992 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.