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Average Electrical Engineers Salary in New Haven, CT

Electrical Engineers in New Haven, CT, command an average annual salary of $114,140. This figure is slightly below the national average of $121,030, suggesting a localized market dynamic influencing compensation. Factors such as regional industry demand and the specific economic landscape of Connecticut likely contribute to this pay scale.

Executive Summary

  • Average Salary: $114,140 per year.
  • Growth Trend: Salaries have shifted 9.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,820.
  • Outlook: With a local workforce of 470 Electrical Engineers, New Haven presents a concentrated but not oversaturated job market. The Location Quotient of 1.35 indicates a higher-than-average concentration of these professionals compared to the national benchmark, signaling robust local demand and a stable employment environment for skilled engineers.
2024 Market Data

Salary Overview

$114,140

The average Electrical Engineers in New Haven, CT earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$54.9

Weekly

$2,195

Monthly

$9,512

Electrical Engineers Salary Distribution in New Haven, CT

The career path for Electrical Engineers in New Haven, CT, offers significant earning potential that scales with experience. Entry-level positions might start at a lower percentile, but as engineers gain expertise and take on more complex projects, their salaries can ascend towards the higher percentiles, reflecting increased value and responsibility within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$80,510$38.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$85,605$41.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$109,770$52.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$142,675$68.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$158,820$76.4

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$114,140

Gross Pay

Real Wage (Purchasing Power)

$114,140

Adjusted for COL (100)

An average salary of $114,140 in New Haven, CT, aligns perfectly with the national average cost of living (100 index). This means that the purchasing power of an Electrical Engineer's salary in New Haven is equivalent to that of their counterparts across the nation, offering a stable financial foundation for residents.

Job Market Context

470

Total Jobs

1.657

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, New Haven, CT has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

The Location Quotient of 1.35 for Electrical Engineers in New Haven, CT, signifies a notable concentration of talent relative to the national average. This suggests a competitive market where employers may actively seek specialized skills, while also indicating a strong community of professionals that can foster collaboration and innovation.

Nearby Job Markets

Nearby Cities for Electrical Engineers

CitySalaryDist.
Bridgeport-Stamford-Danbury, CT Electrical Engineers Salary$131,060↑ 15%16 mi
Waterbury-Shelton, CT Electrical Engineers Salary$104,990↓ 8%18 mi
Connecticut nonmetropolitan area Electrical Engineers Salary$103,800↓ 9%22 mi
Hartford-West Hartford-East Hartford, CT Electrical Engineers Salary$114,490↑ 0%34 mi

Comparing salaries near New Haven, CT

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in New Haven, CT?

The median annual salary for a Electrical Engineers in New Haven, CT is $114,140. This typically ranges from $80,510 for entry-level positions to $158,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Haven, CT is 5.7% lower than the national median of $121,030.

Is New Haven, CT a lucrative place for Electrical Engineers?

Yes, with a stable cost of living.Electrical Engineers in New Haven earn $114,140 annually, which is competitive given the local cost of living matches the national average. The strong concentration of engineers also indicates a healthy job market.

Is New Haven, CT a good place to live for Electrical Engineers?

The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Haven, CT?

Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($131,060) and Waterbury-Shelton, CT.

How does the Electrical Engineer salary in New Haven compare to the national average?

The average annual salary for Electrical Engineers in New Haven, CT, is $114,140, which is slightly lower than the national average of $121,030.

What is the concentration of Electrical Engineers in New Haven, CT?

New Haven has a higher-than-average concentration of Electrical Engineers, indicated by a Location Quotient of 1.35, suggesting a strong local presence of this profession.

Does the cost of living affect the Electrical Engineer salary in New Haven?

No, the cost of living in New Haven is exactly at the national average (100 index), meaning the $114,140 salary offers purchasing power equivalent to the national average.

How many Electrical Engineers work in New Haven, CT?

There are approximately 470 Electrical Engineers employed within New Haven, CT, contributing to the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the New Haven, CT area with a job density of 1.657 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Electrical Engineers • Data source: BLS OEWS 2024 •Jobs in New Haven, CT