Average Electrical Engineers Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Electrical Engineers in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an average annual salary of $114,000. This figure is slightly below the national average of $121,030, suggesting a localized compensation structure influenced by regional economic factors and industry demand. The specific economic landscape and employer needs within this vibrant Minnesota-Wisconsin corridor shape the remuneration for these critical engineering roles.
Executive Summary
- Average Salary: $114,000 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,460.
- Outlook: The Minneapolis-St. Paul-Bloomington area supports a robust workforce of 2,630 Electrical Engineers, indicating a significant presence of this profession. With a Location Quotient of 1.11, the concentration of these roles is slightly higher than the national average, signaling a healthy demand and a potentially stable job market for skilled electrical engineers in the region.
Salary Overview
The average Electrical Engineers in Minneapolis-St. Paul-Bloomington, MN-WI earns-5.8%below the national average.
$54.8
$2,192
$9,500
Electrical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electrical Engineers in Minneapolis-St. Paul-Bloomington have experienced growth over the past four years, mirroring national trends. Factors such as technological advancements, increased project complexity, and inflation likely contribute to a steady upward trajectory in compensation for this in-demand profession.
Electrical Engineers Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Salary progression for Electrical Engineers in Minneapolis-St. Paul-Bloomington typically scales with experience. Entry-level positions may start at a lower percentile of the salary range, while senior and lead engineers can command significantly higher compensation. The widening gap between entry-level and senior salaries reflects the increasing responsibility, specialized knowledge, and proven track record expected at higher career stages.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $76,740 | $36.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $85,500 | $41.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $106,960 | $51.4 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $142,500 | $68.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,460 | $79.5 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$114,000
Gross Pay
Real Wage (Purchasing Power)
$114,000
Adjusted for COL (100)
An average annual salary of $114,000 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of an Electrical Engineer's salary in this metro area is comparable to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
2,630
Total Jobs
1.361
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.
The Location Quotient of 1.11 for Electrical Engineers in Minneapolis-St. Paul-Bloomington indicates a slightly higher concentration of these professionals compared to the national average. This suggests a moderately competitive market where employers may need to offer competitive salaries and benefits to attract and retain top talent, while also indicating a good availability of specialized roles.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Electrical Engineers Salary | $96,700↓ 15% | 58 mi |
| Southeast Minnesota nonmetropolitan area Electrical Engineers Salary | $111,860↓ 2% | 58 mi |
| Southwest Minnesota nonmetropolitan area Electrical Engineers Salary | $99,100↓ 13% | 58 mi |
| Northeast Minnesota nonmetropolitan area Electrical Engineers Salary | $118,850↑ 4% | 58 mi |
| St. Cloud, MN Electrical Engineers Salary | $94,820↓ 17% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Electrical Engineers in Minneapolis-St. Paul-Bloomington, MN-WI is $114,000. This typically ranges from $76,740 for entry-level positions to $165,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 5.8% lower than the national median of $121,030.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Electrical Engineers?
Yes, it offers competitive compensation.Electrical Engineers in Minneapolis-St. Paul-Bloomington earn $114,000 annually, which is competitive given the national average cost of living. The slightly above-average concentration of these roles also points to a healthy job market.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Electrical Engineers?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($96,700) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington salary compare to the national average?
The average salary for Electrical Engineers in Minneapolis-St. Paul-Bloomington is $114,000, which is approximately $7,030 less than the national average of $121,030.
What is the cost of living in Minneapolis-St. Paul-Bloomington for Electrical Engineers?
The cost of living in Minneapolis-St. Paul-Bloomington is exactly at the national average, indexed at 100, meaning your $114,000 salary has average purchasing power.
How many Electrical Engineers work in Minneapolis-St. Paul-Bloomington?
There are approximately 2,630 Electrical Engineers employed in the Minneapolis-St. Paul-Bloomington metropolitan area.
Is there high demand for Electrical Engineers in this area?
With a Location Quotient of 1.11, the concentration of Electrical Engineers is slightly higher than the national average, suggesting a steady demand for their skills in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,630 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 1.361 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 Minneapolis-St. Paul-Bloomington, MN-WI