SalaryNode

Average Electrical Engineers Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Electrical Engineers in the Philadelphia-Camden-Wilmington metropolitan area command an impressive average annual salary of $128,600. This figure notably surpasses the national average of $121,030, suggesting that the unique economic drivers and industry demands within this region contribute to a higher compensation landscape for these vital professionals.

Executive Summary

  • Average Salary: $128,600 per year.
  • Growth Trend: Salaries have shifted 16.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,070.
  • Outlook: The local job market for Electrical Engineers in Philadelphia-Camden-Wilmington appears robust, evidenced by a total workforce of 3,720 professionals. With a Location Quotient of 1.06, the concentration of these roles is slightly above the national average, indicating a healthy and stable demand for electrical engineering talent within the region.
2024 Market Data

Salary Overview

$128,600

The average Electrical Engineers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+6.3%above the national average.

BreakdownBased on 40h/week
Hourly

$61.8

Weekly

$2,473

Monthly

$10,717

Electrical Engineers Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

The career progression for Electrical Engineers in Philadelphia-Camden-Wilmington is clearly reflected in salary differentials across experience levels. Entry-level positions will naturally command lower salaries, while seasoned senior engineers, with their specialized knowledge and extensive project experience, can expect to earn significantly more, with substantial percentile gaps illustrating the rewards of career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$79,060$38
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$96,450$46.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$125,350$60.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$160,750$77.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$205,070$98.6

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$128,600

Gross Pay

Real Wage (Purchasing Power)

$128,600

Adjusted for COL (100)

The average annual salary of $128,600 for Electrical Engineers in Philadelphia-Camden-Wilmington aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Electrical Engineer's salary in this region is equivalent to the national average, offering a stable financial standing without the immediate pressure of higher or lower living expenses.

Job Market Context

3,720

Total Jobs

1.296

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

A Location Quotient of 1.06 for Electrical Engineers in Philadelphia-Camden-Wilmington signifies a slightly higher concentration of these roles compared to the national average. This suggests a competitive yet accessible job market, where opportunities are present and the demand is consistent, making it an attractive location for both new entrants and experienced professionals.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Electrical Engineers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $128,600. This typically ranges from $79,060 for entry-level positions to $205,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 6.3% higher than the national median of $121,030.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Electrical Engineers?

Yes, it is a lucrative area for Electrical Engineers.The average salary of $128,600 is higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Electrical Engineers?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($114,260) and Allentown-Bethlehem-Easton, PA-NJ.

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

Electrical Engineers in Philadelphia-Camden-Wilmington earn an average of $128,600 annually, which is approximately $7,570 more than the national average of $121,030.

What is the cost of living for Electrical Engineers in Philadelphia?

The cost of living in Philadelphia-Camden-Wilmington is exactly at the national average (index of 100), meaning your salary of $128,600 has average purchasing power.

Is there high demand for Electrical Engineers in Philadelphia?

With a Location Quotient of 1.06, the demand for Electrical Engineers in Philadelphia is slightly above the national average, indicating a healthy job market.

How many Electrical Engineers work in the Philadelphia area?

There are approximately 3,720 Electrical Engineers employed within the Philadelphia-Camden-Wilmington 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 3,720 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 1.296 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.