Average Electrical Engineers Salary in Madison, WI
Electrical Engineers in Madison, WI, command an average annual salary of $107,920. This figure is notably below the national average of $121,030, suggesting that while Madison offers a stable market, compensation may be influenced by local economic factors and industry demand specific to the region.
Executive Summary
- Average Salary: $107,920 per year.
- Growth Trend: Salaries have shifted 12.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $153,240.
- Outlook: With a local workforce of 580 Electrical Engineers and a Location Quotient of 1.17, Madison, WI, demonstrates a slightly higher concentration of these professionals than the national average. This indicates a steady, albeit not booming, demand for electrical engineering talent within the city, suggesting a robust job market for skilled individuals in this field.
Salary Overview
The average Electrical Engineers in Madison, WI earns-10.8%below the national average.
$51.9
$2,075
$8,993
Electrical Engineers Salary Trends (2020-2024)
While specific historical data for Madison, WI, is not provided, it is reasonable to assume that salaries for Electrical Engineers have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by increasing technological complexity, demand for infrastructure development, and the evolving needs of various industries that rely on electrical engineering expertise.
Electrical Engineers Salary Distribution in Madison, WI
The career trajectory for Electrical Engineers in Madison, WI, shows a clear salary progression from entry-level to senior positions. While specific percentile data is absent, the typical salary range indicates that early-career engineers earn less, with compensation significantly increasing as they gain experience, acquire specialized skills, and take on more complex project responsibilities, reflecting substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $77,930 | $37.5 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $80,940 | $38.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $102,670 | $49.4 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $134,900 | $64.9 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $153,240 | $73.7 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$107,920
Gross Pay
Real Wage (Purchasing Power)
$107,920
Adjusted for COL (100)
An average annual salary of $107,920 in Madison, WI, aligns perfectly with the national average cost of living (100 index). This means that the purchasing power of an Electrical Engineer's salary in Madison is equivalent to that of an engineer in a typical U.S. city, offering a stable financial environment without the added pressure of higher living expenses.
Job Market Context
580
Total Jobs
1.436
Per 1K Jobs
1.17
Location Quotient
With a location quotient of 1.17, Madison, WI has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.
The Location Quotient of 1.17 for Electrical Engineers in Madison, WI, signifies a healthy concentration of these professionals, exceeding the national average. This suggests that the local job market is competitive and offers ample opportunities for skilled engineers, indicating a strong presence of companies and industries that actively recruit and retain electrical engineering talent.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Electrical Engineers Salary | $102,610↓ 5% | 33 mi |
| Rockford, IL Electrical Engineers Salary | $104,150↓ 3% | 59 mi |
| Fond du Lac, WI Electrical Engineers Salary | $102,450↓ 5% | 68 mi |
| Milwaukee-Waukesha, WI Electrical Engineers Salary | $104,260↓ 3% | 72 mi |
| Oshkosh-Neenah, WI Electrical Engineers Salary | $102,470↓ 5% | 77 mi |
Comparing salaries near Madison, WI
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Madison, WI?
The median annual salary for a Electrical Engineers in Madison, WI is $107,920. This typically ranges from $77,930 for entry-level positions to $153,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 10.8% lower than the national median of $121,030.
Is Madison, WI a lucrative place for Electrical Engineers?
Yes, Madison, WI offers a competitive environment for Electrical Engineers.The average salary of $107,920 is substantial, and with a cost of living index matching the national average, it provides good purchasing power. The Location Quotient of 1.17 also indicates a healthy demand and concentration of these roles.
Is Madison, WI a good place to live for Electrical Engineers?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($102,610) and Rockford, IL.
How does the Electrical Engineer salary in Madison compare to the national average?
The average annual salary for Electrical Engineers in Madison, WI, is $107,920, which is below the national average of $121,030.
What is the cost of living in Madison, WI for Electrical Engineers?
The cost of living in Madison, WI, is exactly at the national average (100 index), meaning your salary's purchasing power is comparable to the national average.
Is there high demand for Electrical Engineers in Madison, WI?
With a Location Quotient of 1.17, there is a slightly higher concentration of Electrical Engineers in Madison than the national average, suggesting a robust and steady demand for their skills.
How many Electrical Engineers are there in Madison, WI?
Madison, WI, has a local workforce of approximately 580 Electrical Engineers.
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 Madison, WI area with a job density of 1.436 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 Madison, WI