Average Electrical Engineers Salary in New York
Electrical Engineers in New York earn an average annual salary of $118,770, slightly below the national average of $121,030. This marginal difference is often influenced by the state's dynamic economic landscape and the specific demands of its advanced industries, which can necessitate specialized skill sets and contribute to overall compensation structures.
Executive Summary
- Average Salary: $118,770 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,810.
- Outlook: With a local workforce of 7,720 Electrical Engineers, New York demonstrates a significant presence in this field. The location quotient of 0.66 suggests that while the profession is present, it is not as concentrated as the national average, indicating a potentially stable but not overly saturated job market. The rate of 0.809 jobs per 1,000 workers further supports the notion of consistent demand for skilled professionals within the state.
Salary Overview
The average Electrical Engineers in New York earns-1.9%below the national average.
$57.1
$2,284
$9,898
Electrical Engineers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Electrical Engineers in New York have seen a steady upward trend over the past four years, mirroring national patterns of wage growth in STEM fields. This growth is typically driven by technological advancements, increasing project complexity, and a persistent demand for specialized engineering expertise across various sectors within the state.
Electrical Engineers Salary Distribution in New York
The career trajectory for Electrical Engineers in New York typically shows a clear correlation between experience and earning potential. Entry-level positions might start closer to the lower percentiles, 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 salaries signifies robust opportunities for career advancement and increased compensation as expertise develops.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $76,340 | $36.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $89,078 | $42.8 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $112,550 | $54.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $148,463 | $71.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $168,810 | $81.2 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$118,770
Gross Pay
Real Wage (Purchasing Power)
$94,940
Adjusted for COL (125.1)
The nominal average salary of $118,770 in New York must be considered in light of the state's cost of living index, which stands at 125.1. This indicates that expenses are approximately 25.1% higher than the national average. Consequently, while the salary appears substantial, its purchasing power is somewhat diminished by the elevated cost of housing, transportation, and daily necessities, requiring careful financial planning.
Job Market Context
7,720
Total Jobs
0.809
Per 1K Jobs
0.66
Location Quotient
New York has 0.66x 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.
A location quotient of 0.66 for Electrical Engineers in New York suggests that the profession is less concentrated in the state compared to the national average. This could imply a market that is neither overly saturated nor exceptionally scarce, potentially offering a balanced environment for job seekers. While not a hub of extreme concentration, the steady presence of a significant workforce indicates ongoing opportunities and a competitive landscape for talent.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Electrical Engineers Salary | $126,030↑ 6% | 49 mi |
| Kingston, NY Electrical Engineers Salary | $108,820↓ 8% | 51 mi |
| Scranton--Wilkes-Barre, PA Electrical Engineers Salary | $111,390↓ 6% | 64 mi |
| Utica-Rome, NY Electrical Engineers Salary | $110,190↓ 7% | 66 mi |
| Albany-Schenectady-Troy, NY Electrical Engineers Salary | $115,130↓ 3% | 68 mi |
Comparing salaries near New York
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Frequently Asked Questions
How much does a Electrical Engineers make in New York?
The median annual salary for a Electrical Engineers in New York is $118,770. This typically ranges from $76,340 for entry-level positions to $168,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 1.9% lower than the national median of $121,030.
Is New York a lucrative place for Electrical Engineers?
Yes, but with caveats.New York offers a competitive average salary of $118,770 for Electrical Engineers. However, the high cost of living means that the real value of this salary requires careful consideration of expenses.
Is New York a good place to live for Electrical Engineers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($126,030) and Kingston, NY.
How does the cost of living affect an Electrical Engineer's salary in New York?
With a cost of living index of 125.1, the $118,770 average salary in New York is worth less in purchasing power compared to areas with a lower cost of living. Expenses for housing, food, and transportation are significantly higher.
Is the job market for Electrical Engineers strong in New York?
The market appears stable with a substantial workforce of 7,720 and a location quotient of 0.66. This indicates consistent demand without extreme oversupply, suggesting good opportunities for qualified professionals.
Can an Electrical Engineer expect their salary to increase with experience in New York?
Absolutely. Salary progression is a key feature, with entry-level engineers earning less and senior engineers with specialized skills commanding significantly higher salaries, reflecting substantial career growth potential.
How does New York's Electrical Engineer salary compare to the national average?
The average salary of $118,770 in New York is slightly lower than the national average of $121,030. This difference is often attributed to regional economic factors and the specific demands of industries within the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,720 employees in the New York area with a job density of 0.809 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 New York