SalaryNode

Average Electrical Engineers Salary in Southern Indiana nonmetropolitan area

Electrical Engineers in Southern Indiana's nonmetropolitan areas can expect an average annual salary of $101,150. This figure is notably below the national average of $121,030, suggesting localized economic factors and demand dynamics are at play. The specific pay scale in this region is influenced by the concentration of the industry and the overall economic landscape of nonmetropolitan settings.

Executive Summary

  • Average Salary: $101,150 per year.
  • Growth Trend: Salaries have shifted 12.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,940.
  • Outlook: The electrical engineering job market in this Southern Indiana nonmetropolitan area appears moderately stable, with a total local workforce of 290 professionals. A Location Quotient of 1.19 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, albeit not booming, demand for electrical engineering expertise within the region.
2024 Market Data

Salary Overview

$101,150

The average Electrical Engineers in Southern Indiana nonmetropolitan area earns-16.4%below the national average.

BreakdownBased on 40h/week
Hourly

$48.6

Weekly

$1,945

Monthly

$8,429

Electrical Engineers Salary Distribution in Southern Indiana nonmetropolitan area

Salary progression for Electrical Engineers in Southern Indiana typically scales with experience. Entry-level positions may command salaries closer to the lower percentiles, while senior engineers with extensive experience and specialized skills can expect to earn significantly more, reaching into the higher salary percentiles. These percentile gaps are a clear indicator of career advancement and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$61,860$29.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$75,863$36.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$98,480$47.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$126,438$60.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$134,940$64.9

Detailed Electrical Engineers Market Analysis

Relocation Context

Nominal Salary

$101,150

Gross Pay

Real Wage (Purchasing Power)

$101,150

Adjusted for COL (100)

The nominal salary of $101,150 in Southern Indiana's nonmetropolitan area 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 premium often associated with higher cost-of-living areas.

Job Market Context

290

Total Jobs

1.462

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, Southern Indiana nonmetropolitan area has a slightly higher-than-average concentration of Electrical Engineers roles compared to the national norm.

With a Location Quotient of 1.19, Southern Indiana's nonmetropolitan area shows a slightly higher concentration of Electrical Engineers than the national average. This suggests a modestly competitive market where demand is present and perhaps slightly outpaces the national average density, indicating a favorable environment for skilled professionals seeking opportunities.

Nearby Job Markets

Nearby Cities for Electrical Engineers

Comparing salaries near Southern Indiana nonmetropolitan area

Hiring Electrical Engineerss?

Frequently Asked Questions

How much does a Electrical Engineers make in Southern Indiana nonmetropolitan area?

The median annual salary for a Electrical Engineers in Southern Indiana nonmetropolitan area is $101,150. This typically ranges from $61,860 for entry-level positions to $134,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Indiana nonmetropolitan area is 16.4% lower than the national median of $121,030.

Is Southern Indiana nonmetropolitan area a lucrative place for Electrical Engineers?

Yes, with caveats.While the average salary of $101,150 is below the national average, the cost of living is also at the national average, maintaining purchasing power. The slightly higher concentration of roles (LQ 1.19) indicates steady demand.

Is Southern Indiana nonmetropolitan area a good place to live for Electrical Engineers?

The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($111,770) and Kokomo, IN.

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

The average annual salary for Electrical Engineers in Southern Indiana is $101,150, which is $19,880 less than the national average of $121,030.

What is the Cost of Living in Southern Indiana for Electrical Engineers?

The Cost of Living Index in this Southern Indiana nonmetropolitan area is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated are Electrical Engineer jobs in this region?

The Location Quotient of 1.19 indicates that Electrical Engineer roles are slightly more concentrated in this region than the national average, suggesting a healthy local demand.

What is the total number of Electrical Engineers in this area?

There are approximately 290 Electrical Engineers working in this Southern Indiana nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Southern Indiana nonmetropolitan area area with a job density of 1.462 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.