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Average Electrical Engineers Salary in Manchester-Nashua, NH

Electrical Engineers in the Manchester-Nashua, NH area command an impressive average annual salary of $147,460, significantly outpacing the national average of $121,030. This elevated compensation is largely driven by the region's robust demand and specialized industry needs for these critical engineering roles.

Executive Summary

  • Average Salary: $147,460 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $197,320.
  • Outlook: The Manchester-Nashua region boasts a substantial local workforce of 930 Electrical Engineers, with a Location Quotient of 3.74, indicating a concentration nearly four times the national average. This high concentration, coupled with 4.578 jobs per 1,000 workers, points to a strong and active job market with consistent demand for skilled electrical engineering professionals.
2024 Market Data

Salary Overview

$147,460

The average Electrical Engineers in Manchester-Nashua, NH earns+21.8%above the national average.

BreakdownBased on 40h/week
Hourly

$70.9

Weekly

$2,836

Monthly

$12,288

Electrical Engineers Salary Distribution in Manchester-Nashua, NH

Career progression for Electrical Engineers in Manchester-Nashua is typically marked by significant salary increases. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles clearly signifies substantial opportunities for career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$96,370$46.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$110,595$53.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$151,040$72.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$184,325$88.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$197,320$94.9

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$147,460

Gross Pay

Real Wage (Purchasing Power)

$147,460

Adjusted for COL (100)

The average annual salary of $147,460 in Manchester-Nashua, NH, is particularly attractive given the local Cost of Living Index stands precisely at the national average of 100. This means that the purchasing power of an Electrical Engineer's salary in this area is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a high cost of living.

Job Market Context

930

Total Jobs

4.578

Per 1K Jobs

3.74

Location Quotient

Major Hub

Manchester-Nashua, NH has 3.7x 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.

With a Location Quotient of 3.74, Manchester-Nashua, NH, presents a highly concentrated market for Electrical Engineers, suggesting a strong regional specialization and demand. This indicates that the area is a significant hub for electrical engineering talent and opportunities, making it a competitive yet rewarding environment for professionals in this field.

Nearby Job Markets

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Manchester-Nashua, NH?

The median annual salary for a Electrical Engineers in Manchester-Nashua, NH is $147,460. This typically ranges from $96,370 for entry-level positions to $197,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Manchester-Nashua, NH is 21.8% higher than the national median of $121,030.

Is Manchester-Nashua, NH a lucrative place for Electrical Engineers?

Yes, it is a highly lucrative place for Electrical Engineers.The average salary of $147,460 significantly exceeds the national average, and the cost of living is at the national benchmark, enhancing earning potential.

Is Manchester-Nashua, NH a good place to live for Electrical Engineers?

The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Manchester-Nashua, NH?

Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($113,350) and Northern New Hampshire nonmetropolitan area.

How does the Manchester-Nashua Electrical Engineer salary compare to the national average?

The average salary for Electrical Engineers in Manchester-Nashua, NH, is $147,460, which is substantially higher than the national average of $121,030.

What does the Location Quotient of 3.74 mean for Electrical Engineers in Manchester-Nashua?

A Location Quotient of 3.74 signifies that Electrical Engineers are concentrated in Manchester-Nashua at a rate nearly four times the national average, indicating high regional demand and specialization.

How does the Cost of Living in Manchester-Nashua affect the Electrical Engineer salary?

With a Cost of Living Index of 100, the national average, the $147,460 salary in Manchester-Nashua offers strong purchasing power, as it is not diminished by a higher cost of living.

Is the job market for Electrical Engineers strong in Manchester-Nashua?

Yes, the market is robust, evidenced by a high concentration of professionals (LQ 3.74) and a significant number of jobs relative to the workforce size (4.578 per 1,000 workers).

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 930 employees in the Manchester-Nashua, NH area with a job density of 4.578 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.