Average Electrical Engineers Salary in Toledo, OH
Electrical Engineers in Toledo, OH, earn an average annual salary of $101,180. This figure is notably below the national average of $121,030, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. While the cost of living in Toledo is on par with the national average, the salary differential warrants careful consideration for professionals in this field.
Executive Summary
- Average Salary: $101,180 per year.
- Growth Trend: Salaries have shifted 16.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,890.
- Outlook: The Toledo market for Electrical Engineers shows a stable presence, with a local workforce of 310 professionals. The Location Quotient of 0.87 indicates a concentration slightly below the national average, suggesting that while the profession is established, it is not disproportionately represented. With 1.068 jobs per 1,000 workers, the demand is present, though not exceptionally high, painting a picture of a steady, rather than rapidly expanding, job market.
Salary Overview
The average Electrical Engineers in Toledo, OH earns-16.4%below the national average.
$48.7
$1,946
$8,432
Electrical Engineers Salary Trends (2020-2024)
While specific historical data for Toledo's Electrical Engineer salaries isn't provided, it's reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic growth, increased demand for specialized engineering skills, and inflation typically drive salary increases across most professional fields, including electrical engineering. Therefore, professionals in Toledo likely have experienced modest, yet consistent, salary growth.
Electrical Engineers Salary Distribution in Toledo, OH
The career trajectory for Electrical Engineers in Toledo, as elsewhere, typically involves significant salary progression with experience. Entry-level positions will naturally command lower salaries, while senior engineers with specialized expertise and a proven track record can expect substantially higher compensation. The percentile gaps between junior and senior roles signify clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $69,650 | $33.5 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $75,885 | $36.5 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $100,230 | $48.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $126,475 | $60.8 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $133,890 | $64.4 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$101,180
Gross Pay
Real Wage (Purchasing Power)
$101,180
Adjusted for COL (100)
With an average salary of $101,180 and a Cost of Living Index of 100, Electrical Engineers in Toledo find their nominal earnings directly align with the national average cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary within Toledo is equivalent to the national average. Therefore, the lower nominal salary does not necessarily translate to a reduced standard of living compared to national benchmarks.
Job Market Context
310
Total Jobs
1.068
Per 1K Jobs
0.87
Location Quotient
Toledo, OH has 0.87x 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.
The Location Quotient of 0.87 for Electrical Engineers in Toledo suggests a job market that is slightly less concentrated than the national average. This implies that while there is a consistent demand for these professionals, the field is not oversaturated. For job seekers, this could mean a moderately competitive market, where opportunities exist but may require targeted efforts to secure.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Electrical Engineers Salary | $114,830↑ 13% | 20 mi |
| Ann Arbor, MI Electrical Engineers Salary | $109,240↑ 8% | 43 mi |
| Sandusky, OH Electrical Engineers Salary | $115,920↑ 15% | 48 mi |
| Detroit-Warren-Dearborn, MI Electrical Engineers Salary | $111,820↑ 11% | 54 mi |
| Jackson, MI Electrical Engineers Salary | $107,750↑ 6% | 58 mi |
Comparing salaries near Toledo, OH
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Toledo, OH?
The median annual salary for a Electrical Engineers in Toledo, OH is $101,180. This typically ranges from $69,650 for entry-level positions to $133,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 16.4% lower than the national median of $121,030.
Is Toledo, OH a lucrative place for Electrical Engineers?
No, not exceptionally lucrative compared to the national average.While the average salary of $101,180 is substantial, it falls below the national average of $121,030. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Toledo, OH a good place to live for Electrical Engineers?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($114,830) and Ann Arbor, MI.
How does Toledo's Electrical Engineer salary compare to the national average?
The average salary for Electrical Engineers in Toledo, OH, is $101,180, which is approximately $19,850 less than the national average of $121,030.
What is the Cost of Living in Toledo, OH?
Toledo, OH, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
How concentrated is the Electrical Engineer job market in Toledo?
The concentration of Electrical Engineers in Toledo, indicated by a Location Quotient of 0.87, is slightly below the national average, suggesting a moderately present but not dominant workforce in the sector.
What does a Location Quotient of 0.87 mean for job opportunities?
A Location Quotient of 0.87 implies that Electrical Engineers are slightly less prevalent in Toledo compared to the national average. This can translate to a less competitive job market for experienced professionals but potentially fewer specialized roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Toledo, OH area with a job density of 1.068 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 Toledo, OH