Average Electrical Engineers Salary in Louisville/Jefferson County, KY-IN
Electrical Engineers in Louisville/Jefferson County, KY-IN earn an average annual salary of $98,760. This figure is notably below the national average of $121,030, suggesting that local market dynamics and demand play a significant role in compensation within this region. Factors such as industry concentration and the specific needs of local employers contribute to this pay differential.
Executive Summary
- Average Salary: $98,760 per year.
- Growth Trend: Salaries have shifted 11.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,460.
- Outlook: The local workforce for Electrical Engineers in Louisville/Jefferson County, KY-IN comprises 580 professionals. With a Location Quotient of 0.69, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to national trends. The presence of 0.85 jobs per 1,000 workers further contextualizes the employment landscape for this profession in the area.
Salary Overview
The average Electrical Engineers in Louisville/Jefferson County, KY-IN earns-18.4%below the national average.
$47.5
$1,899
$8,230
Electrical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Electrical Engineers across the nation, including in Louisville/Jefferson County, KY-IN, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for specialized skills, and advancements in technology that necessitate skilled engineering professionals.
Electrical Engineers Salary Distribution in Louisville/Jefferson County, KY-IN
Salary progression for Electrical Engineers in Louisville/Jefferson County, KY-IN, like elsewhere, is strongly tied to experience. Entry-level positions typically command lower salaries, while senior engineers with extensive expertise and project management capabilities can expect significantly higher compensation. The widening gap between entry-level and senior salaries reflects the increasing value placed on specialized knowledge and proven track records in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $61,470 | $29.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $74,070 | $35.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $99,370 | $47.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $123,450 | $59.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $135,460 | $65.1 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$98,760
Gross Pay
Real Wage (Purchasing Power)
$98,760
Adjusted for COL (100)
The average annual salary for Electrical Engineers in Louisville/Jefferson County, KY-IN stands at $98,760. This nominal salary is directly comparable to the national average Cost of Living Index of 100, meaning that the purchasing power of an Electrical Engineer's salary in this region is on par with the national average. Therefore, the stated salary offers a standard cost of living experience relative to the rest of the country.
Job Market Context
580
Total Jobs
0.85
Per 1K Jobs
0.69
Location Quotient
Louisville/Jefferson County, KY-IN has 0.69x 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.
With a Location Quotient of 0.69, the Louisville/Jefferson County, KY-IN area has a lower concentration of Electrical Engineers compared to the national average. This suggests that the job market may be less competitive for these professionals, potentially offering more opportunities for those with sought-after skills. However, it also implies that the overall demand might be more specialized or tied to specific local industries rather than broad-based hiring.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Columbus, IN Electrical Engineers Salary | $104,860↑ 6% | 67 mi |
| Central Kentucky nonmetropolitan area Electrical Engineers Salary | $94,560↓ 4% | 72 mi |
| South Central Kentucky nonmetropolitan area Electrical Engineers Salary | $90,810↓ 8% | 72 mi |
| West Kentucky nonmetropolitan area Electrical Engineers Salary | $98,620↓ 0% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Electrical Engineers in Louisville/Jefferson County, KY-IN is $98,760. This typically ranges from $61,470 for entry-level positions to $135,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 18.4% lower than the national median of $121,030.
Is Louisville/Jefferson County, KY-IN a lucrative place for Electrical Engineers?
No, not as lucrative as the national average.While the average salary of $98,760 is substantial, it falls below the national average of $121,030. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Louisville/Jefferson County, KY-IN a good place to live for Electrical Engineers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Columbus, IN ($104,860) and Central Kentucky nonmetropolitan area.
How does the Electrical Engineer salary in Louisville compare to the national average?
The average annual salary for Electrical Engineers in Louisville/Jefferson County, KY-IN is $98,760, which is lower than the national average of $121,030.
What is the Cost of Living in Louisville/Jefferson County, KY-IN for Electrical Engineers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average, meaning the cost of goods and services is neither higher nor lower than the typical U.S. location.
How concentrated is the Electrical Engineer job market in Louisville/Jefferson County, KY-IN?
The job market for Electrical Engineers in Louisville/Jefferson County, KY-IN is less concentrated than the national average, with a Location Quotient of 0.69.
What is the total number of Electrical Engineers in Louisville/Jefferson County, KY-IN?
There are approximately 580 Electrical Engineers working in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.85 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 Louisville/Jefferson County, KY-IN