Average Electrical Engineers Salary in Oxnard-Thousand Oaks-Ventura, CA
Electrical Engineers in the Oxnard-Thousand Oaks-Ventura, CA area earn an impressive average annual salary of $130,050. This figure significantly surpasses the national average of $121,030, indicating a premium for specialized engineering talent within this region. The local economic landscape and demand for skilled professionals likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $130,050 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,610.
- Outlook: With a local workforce of 460 Electrical Engineers and a Location Quotient of 1.16, the Oxnard-Thousand Oaks-Ventura area demonstrates a slightly higher concentration of these professionals than the national average. This suggests a stable, and potentially growing, demand for electrical engineering expertise within the local job market, indicating a robust environment for career opportunities.
Salary Overview
The average Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA earns+7.5%above the national average.
$62.5
$2,501
$10,838
Electrical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for complex engineering solutions, and advancements in technology likely contribute to this upward salary trajectory.
Electrical Engineers Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA
Salary progression for Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA typically scales with experience. Entry-level positions will command lower salaries, while senior engineers with extensive project management and design expertise can expect to earn significantly more, potentially reaching the higher percentiles of the $130,050 average. The gap between entry-level and senior roles signifies clear career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $80,480 | $38.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $97,538 | $46.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $126,820 | $61 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $162,563 | $78.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $174,610 | $83.9 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$130,050
Gross Pay
Real Wage (Purchasing Power)
$130,050
Adjusted for COL (100)
The average annual salary of $130,050 in Oxnard-Thousand Oaks-Ventura, CA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Electrical Engineer's salary in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
460
Total Jobs
1.423
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Oxnard-Thousand Oaks-Ventura, CA has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.
A Location Quotient of 1.16 for Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA indicates that the area has a slightly higher concentration of these professionals compared to the national average. This suggests a competitive job market where employers may need to offer attractive compensation and benefits to secure top talent, while also indicating a healthy ecosystem for specialized engineering roles.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Electrical Engineers Salary | $136,790↑ 5% | 55 mi |
| Bakersfield-Delano, CA Electrical Engineers Salary | $122,400↓ 6% | 80 mi |
| Santa Maria-Santa Barbara, CA Electrical Engineers Salary | $155,190↑ 19% | 88 mi |
Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA
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Frequently Asked Questions
How much does a Electrical Engineers make in Oxnard-Thousand Oaks-Ventura, CA?
The median annual salary for a Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA is $130,050. This typically ranges from $80,480 for entry-level positions to $174,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 7.5% higher than the national median of $121,030.
Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Electrical Engineers?
Yes, it is a lucrative place for Electrical Engineers.The average salary of $130,050 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Electrical Engineers?
The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($136,790) and Bakersfield-Delano, CA.
How does the Oxnard-Thousand Oaks-Ventura, CA salary compare to the national average?
Electrical Engineers in Oxnard-Thousand Oaks-Ventura, CA earn an average of $130,050 annually, which is approximately $9,020 more than the national average of $121,030.
What is the concentration of Electrical Engineers in this area?
The Location Quotient of 1.16 signifies that Electrical Engineers are slightly more concentrated in Oxnard-Thousand Oaks-Ventura, CA than the national average, suggesting a robust local demand.
Does the cost of living affect the Electrical Engineer salary?
No, the local cost of living index is 100, matching the national average. This means the $130,050 salary offers purchasing power equivalent to the national standard.
How many Electrical Engineers work in Oxnard-Thousand Oaks-Ventura, CA?
There are approximately 460 Electrical Engineers employed within the Oxnard-Thousand Oaks-Ventura, CA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 1.423 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 Oxnard-Thousand Oaks-Ventura, CA