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Average Electrical Engineers Salary in Lexington Park, MD

Electrical Engineers in Lexington Park, MD, command an impressive average annual salary of $127,890, significantly surpassing the national average of $121,030. This elevated compensation is likely driven by the specialized nature of the local industry and the demand for highly skilled professionals in this specific geographic area.

Executive Summary

  • Average Salary: $127,890 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,750.
  • Outlook: Lexington Park, MD, presents a robust job market for Electrical Engineers, evidenced by a substantial local workforce of 420 professionals. The high Location Quotient of 4.77 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong and sustained demand within the region.
2024 Market Data

Salary Overview

$127,890

The average Electrical Engineers in Lexington Park, MD earns+5.7%above the national average.

BreakdownBased on 40h/week
Hourly

$61.5

Weekly

$2,459

Monthly

$10,658

Electrical Engineers Salary Distribution in Lexington Park, MD

The career trajectory for Electrical Engineers in Lexington Park, MD, offers significant earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a clear progression and reward for expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$84,800$40.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$95,918$46.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$126,510$60.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$159,863$76.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$170,750$82.1

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$127,890

Gross Pay

Real Wage (Purchasing Power)

$127,890

Adjusted for COL (100)

For Electrical Engineers considering a move to Lexington Park, MD, the nominal salary of $127,890 aligns perfectly with the local Cost of Living Index of 100. This means that your purchasing power in Lexington Park is equivalent to the national average, allowing your higher-than-average salary to maintain its value effectively.

Job Market Context

420

Total Jobs

5.847

Per 1K Jobs

4.77

Location Quotient

Major Hub

Lexington Park, MD has 4.8x the national concentration of Electrical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The exceptionally high Location Quotient of 4.77 for Electrical Engineers in Lexington Park, MD, signifies a deeply concentrated and specialized job market. This indicates that the area is a hub for this profession, suggesting a competitive environment but also a wealth of opportunities for those with the requisite skills.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Lexington Park, MD

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Lexington Park, MD?

The median annual salary for a Electrical Engineers in Lexington Park, MD is $127,890. This typically ranges from $84,800 for entry-level positions to $170,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington Park, MD is 5.7% higher than the national median of $121,030.

Is Lexington Park, MD a lucrative place for Electrical Engineers?

Yes, Lexington Park, MD is a highly lucrative location for Electrical Engineers.The average salary significantly exceeds the national average, and the cost of living is on par with the national index, enhancing real earnings.

Is Lexington Park, MD a good place to live for Electrical Engineers?

The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington Park, MD?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($139,850) and Maryland nonmetropolitan area.

How does the local salary compare to the national average?

Electrical Engineers in Lexington Park, MD, earn an average of $127,890 annually, which is $6,860 more than the national average of $121,030.

What does the Location Quotient of 4.77 mean for Electrical Engineers?

A Location Quotient of 4.77 indicates that Electrical Engineers are nearly five times more concentrated in Lexington Park, MD, than the national average, signifying high local demand and specialization.

Is the cost of living in Lexington Park, MD high?

No, the cost of living in Lexington Park, MD, is exactly at the national average (index of 100), meaning your salary's purchasing power is standard.

How many Electrical Engineers work in Lexington Park, MD?

There are approximately 420 Electrical Engineers working in Lexington Park, MD, with the role appearing 5.847 times per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Lexington Park, MD area with a job density of 5.847 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.