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Average Electricians Salary in Lafayette-West Lafayette, IN

Electricians in Lafayette-West Lafayette, IN, earn an average annual salary of $68,400. This figure is slightly below the national average of $69,280, suggesting a localized compensation structure influenced by regional economic factors and demand within the specific Indiana labor market. The cost of living in Lafayette-West Lafayette aligns precisely with the national average, making this salary competitive within its immediate economic context.

Executive Summary

  • Average Salary: $68,400 per year.
  • Growth Trend: Salaries have shifted 23.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,670.
  • Outlook: The Lafayette-West Lafayette area supports a robust electrician workforce of 770 individuals. With a Location Quotient of 1.56, the concentration of electricians here is significantly higher than the national average, indicating strong local demand and a specialized job market for these skilled trades. The rate of 7.534 jobs per 1,000 workers further underscores the consistent need for electrical expertise in the region.
2024 Market Data

Salary Overview

$68,400

The average Electricians in Lafayette-West Lafayette, IN earns-1.3%below the national average.

BreakdownBased on 40h/week
Hourly

$32.9

Weekly

$1,315

Monthly

$5,700

Electricians Salary Distribution in Lafayette-West Lafayette, IN

The salary spectrum for electricians in Lafayette-West Lafayette, as in most markets, typically shows a clear progression from entry-level to senior positions. While the average stands at $68,400, experienced electricians with specialized skills or supervisory roles can command significantly higher salaries, often reaching into the 75th or 90th percentile. These percentile gaps are indicative of the career advancement and earning potential available through skill development and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,540$19
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$51,300$24.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$76,980$37
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$85,500$41.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$84,670$40.7

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$68,400

Gross Pay

Real Wage (Purchasing Power)

$68,400

Adjusted for COL (100)

The nominal average annual salary of $68,400 in Lafayette-West Lafayette, IN, is perfectly balanced by the local Cost of Living Index of 100, which matches the national average. This means that the purchasing power of an electrician's salary in this area is equivalent to the national standard, offering stability and predictability for those considering relocation.

Job Market Context

770

Total Jobs

7.534

Per 1K Jobs

1.56

Location Quotient

Major Hub

Lafayette-West Lafayette, IN has 1.6x the national concentration of Electricians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.56 for electricians in Lafayette-West Lafayette signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand for electrical services relative to the general workforce, potentially leading to more job opportunities and a competitive environment for skilled professionals within the region.

Nearby Job Markets

Nearby Cities for Electricians

Comparing salaries near Lafayette-West Lafayette, IN

Hiring Electricianss?

Frequently Asked Questions

How much does a Electricians make in Lafayette-West Lafayette, IN?

The median annual salary for a Electricians in Lafayette-West Lafayette, IN is $68,400. This typically ranges from $39,540 for entry-level positions to $84,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 1.3% lower than the national median of $69,280.

Is Lafayette-West Lafayette, IN a lucrative place for Electricians?

Yes, it offers competitive compensation relative to its cost of living.Electricians in Lafayette-West Lafayette earn an average of $68,400, which aligns with the national average cost of living. The higher-than-average concentration of electricians (LQ 1.56) also points to robust local demand.

Is Lafayette-West Lafayette, IN a good place to live for Electricians?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Kokomo, IN ($79,900) and Northern Indiana nonmetropolitan area.

How does the electrician salary in Lafayette-West Lafayette compare to the national average?

The average electrician salary in Lafayette-West Lafayette is $68,400, which is slightly lower than the national average of $69,280.

What is the Cost of Living in Lafayette-West Lafayette, IN?

The Cost of Living Index in Lafayette-West Lafayette is 100, which is exactly the national average.

Is there high demand for electricians in Lafayette-West Lafayette?

Yes, the Location Quotient of 1.56 indicates a higher concentration of electricians than the national average, suggesting strong local demand.

How many electricians are employed in Lafayette-West Lafayette?

There are approximately 770 electricians employed in the Lafayette-West Lafayette area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the Lafayette-West Lafayette, IN area with a job density of 7.534 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.