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Average Electrical Engineers Salary in Raleigh-Cary, NC

Electrical Engineers in Raleigh-Cary, NC, command an impressive average annual salary of $136,620, significantly surpassing the national average of $121,030. This elevated compensation is driven by the region's robust demand for specialized engineering talent and its thriving technology and research sectors, which necessitate a highly skilled workforce.

Executive Summary

  • Average Salary: $136,620 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $214,920.
  • Outlook: The Raleigh-Cary area presents a strong job market for Electrical Engineers, evidenced by a total local workforce of 1,590 professionals. The Location Quotient of 1.8 indicates a concentration of these roles nearly double the national average, suggesting robust demand and a favorable environment for career growth within this specialized field.
2024 Market Data

Salary Overview

$136,620

The average Electrical Engineers in Raleigh-Cary, NC earns+12.9%above the national average.

BreakdownBased on 40h/week
Hourly

$65.7

Weekly

$2,627

Monthly

$11,385

Electrical Engineers Salary Distribution in Raleigh-Cary, NC

Salary progression for Electrical Engineers in Raleigh-Cary, NC, 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 well into the upper percentiles, reflecting the value of their contributions and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$75,030$36.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$102,465$49.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$130,900$62.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$170,775$82.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$214,920$103.3

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$136,620

Gross Pay

Real Wage (Purchasing Power)

$136,620

Adjusted for COL (100)

An average salary of $136,620 in Raleigh-Cary, NC, offers excellent purchasing power, as the local Cost of Living Index is exactly at the national average of 100. This means that the higher nominal earnings translate directly into a strong real income, allowing professionals to enjoy a high standard of living without the added financial strain often associated with higher-paying metropolitan areas.

Job Market Context

1,590

Total Jobs

2.199

Per 1K Jobs

1.8

Location Quotient

Major Hub

Raleigh-Cary, NC has 1.8x the national concentration of Electrical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.8, Raleigh-Cary, NC, demonstrates a significantly higher concentration of Electrical Engineers compared to the national average. This suggests a competitive yet abundant job market, where employers actively seek out this talent, and professionals have ample opportunities to find roles that align with their skills and career aspirations.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Raleigh-Cary, NC

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Raleigh-Cary, NC?

The median annual salary for a Electrical Engineers in Raleigh-Cary, NC is $136,620. This typically ranges from $75,030 for entry-level positions to $214,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 12.9% higher than the national median of $121,030.

Is Raleigh-Cary, NC a lucrative place for Electrical Engineers?

Yes, Raleigh-Cary, NC is a highly lucrative location for Electrical Engineers.Electrical Engineers in this area earn substantially more than the national average, and with a cost of living at the national average, their purchasing power is exceptionally strong.

Is Raleigh-Cary, NC a good place to live for Electrical Engineers?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($121,930) and Rocky Mount, NC.

How does the Electrical Engineer salary in Raleigh-Cary compare to the national average?

Electrical Engineers in Raleigh-Cary, NC, earn an average of $136,620 annually, which is approximately $15,590 more than the national average of $121,030.

What is the job concentration for Electrical Engineers in Raleigh-Cary, NC?

The job concentration, measured by the Location Quotient, is 1.8, meaning there are nearly twice as many Electrical Engineers per worker in Raleigh-Cary compared to the national average.

Does the cost of living in Raleigh-Cary, NC affect the value of an Electrical Engineer's salary?

No, the cost of living in Raleigh-Cary, NC, is exactly at the national average (100), so the higher nominal salary of $136,620 provides excellent real income and purchasing power.

How many Electrical Engineers are employed in the Raleigh-Cary, NC area?

There are approximately 1,590 Electrical Engineers employed in the Raleigh-Cary, NC 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 1,590 employees in the Raleigh-Cary, NC area with a job density of 2.199 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.