Average Electrical Engineers Salary in Waco, TX
The average salary for a Electrical Engineers in Waco, TX is $113,700. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $113,700 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,920.
- Outlook: The current demand for Electrical Engineerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Waco, TX economy.
Salary Overview
The average Electrical Engineers in Waco, TX earns-6.1%below the national average.
$54.7
$2,187
$9,475
Electrical Engineers Salary Trends (2020-2024)
Over the past 4 years, Electrical Engineers salaries in Waco, TX have experienced a rapid surge, growing by 25.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Electrical Engineers Salary Distribution in Waco, TX
The earning potential for Electrical Engineerss in Waco, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $63,000, while highly experienced professionals can command wages upwards of $160,920.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $63,000 | $30.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $85,275 | $41 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $105,370 | $50.7 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $142,125 | $68.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $160,920 | $77.4 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$113,700
Gross Pay
Real Wage (Purchasing Power)
$113,700
Adjusted for COL (100)
In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $113,700 to $113,700.
Job Market Context
120
Total Jobs
0.904
Per 1K Jobs
0.74
Location Quotient
Waco, TX has 0.74x 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.
120 people work as Electrical Engineers in Waco, TX.
Only 0.904 out of every 1,000 local jobs are Electrical Engineers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Electrical Engineers Salary | $110,550↓ 3% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Electrical Engineers Salary | $112,030↓ 1% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Electrical Engineers Salary | $110,900↓ 2% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Electrical Engineers Salary | $105,750↓ 7% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Electrical Engineers Salary | $114,350↑ 1% | 41 mi |
Comparing salaries near Waco, TX
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Waco, TX?
The median annual salary for a Electrical Engineers in Waco, TX is $113,700. This typically ranges from $63,000 for entry-level positions to $160,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 6.1% lower than the national median of $121,030.
Is Waco, TX a good place for Electrical Engineerss?
It depends on your priorities. While the average Electrical Engineers salary in Waco, TX is $113,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.
Is Waco, TX a good place to live for Electrical Engineers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($110,550) and Northwestern Region of Texas 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 120 employees in the Waco, TX area with a job density of 0.904 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 Waco, TX