SalaryNode

Average Electrical Engineers Salary in Providence-Warwick, RI-MA

Electrical Engineers in the Providence-Warwick, RI-MA area earn an average annual salary of $113,230. This figure is slightly below the national average of $121,030, suggesting that while the demand is present, local market dynamics and potentially the cost of living influence compensation. The specific economic landscape of the Providence region shapes the earning potential for these vital engineering professionals.

Executive Summary

  • Average Salary: $113,230 per year.
  • Growth Trend: Salaries have shifted 4.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $172,700.
  • Outlook: With a local workforce of 830 Electrical Engineers and a Location Quotient of 0.96, the Providence-Warwick area demonstrates a concentration of these professionals that is very close to the national average. This indicates a stable, albeit not exceptionally concentrated, demand for electrical engineering talent, suggesting a robust job market with consistent opportunities for skilled individuals.
2024 Market Data

Salary Overview

$113,230

The average Electrical Engineers in Providence-Warwick, RI-MA earns-6.4%below the national average.

BreakdownBased on 40h/week
Hourly

$54.4

Weekly

$2,178

Monthly

$9,436

Electrical Engineers Salary Distribution in Providence-Warwick, RI-MA

Salary progression for Electrical Engineers in Providence-Warwick typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior engineers with extensive expertise and specialized skills can command salaries in the upper percentiles. These percentile gaps are a clear indicator of the career advancement and increased earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$66,230$31.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$84,923$40.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$104,530$50.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$141,538$68
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$172,700$83

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$113,230

Gross Pay

Real Wage (Purchasing Power)

$113,230

Adjusted for COL (100)

The average annual salary of $113,230 for Electrical Engineers in Providence-Warwick aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for professionals relocating to or residing in the area.

Job Market Context

830

Total Jobs

1.175

Per 1K Jobs

0.96

Location Quotient

Below Average

Providence-Warwick, RI-MA has 0.96x 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 0.96 for Electrical Engineers in Providence-Warwick indicates a job market that is nearly on par with the national average in terms of concentration. This suggests a healthy and competitive environment where the number of available professionals closely matches the demand, ensuring a steady flow of opportunities without an oversupply or significant shortage.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Providence-Warwick, RI-MA

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Providence-Warwick, RI-MA?

The median annual salary for a Electrical Engineers in Providence-Warwick, RI-MA is $113,230. This typically ranges from $66,230 for entry-level positions to $172,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 6.4% lower than the national median of $121,030.

Is Providence-Warwick, RI-MA a lucrative place for Electrical Engineers?

Yes, it offers competitive compensation.Electrical Engineers in Providence-Warwick earn $113,230 annually, which is close to the national average, and the cost of living is exactly at the national average, making it a financially stable location.

Is Providence-Warwick, RI-MA a good place to live for Electrical Engineers?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Worcester, MA ($116,510) and Boston-Cambridge-Newton, MA-NH.

How does the Providence-Warwick salary compare to the national average?

The average salary for Electrical Engineers in Providence-Warwick is $113,230, which is slightly lower than the national average of $121,030.

What is the job market like for Electrical Engineers in Providence-Warwick?

The job market is stable, with a concentration of Electrical Engineers (Location Quotient 0.96) very close to the national average, indicating consistent demand and opportunities.

Does the cost of living affect the Electrical Engineer salary in Providence-Warwick?

No, the local cost of living is exactly at the national average (100), meaning the $113,230 salary has the same purchasing power as the national average salary.

How many Electrical Engineers work in Providence-Warwick?

There are approximately 830 Electrical Engineers employed in the Providence-Warwick, RI-MA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Providence-Warwick, RI-MA area with a job density of 1.175 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.