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Average Electricians Salary in Lexington-Fayette, KY

Electricians in Lexington-Fayette, KY earn an average annual salary of $57,860, which is below the national average of $69,280. This disparity can be attributed to a combination of local market demand, the cost of doing business, and the overall economic landscape specific to the Lexington-Fayette region.

Executive Summary

  • Average Salary: $57,860 per year.
  • Growth Trend: Salaries have shifted 16.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,730.
  • Outlook: With a local workforce of 1,290 electricians and a location quotient of 0.95, the job market in Lexington-Fayette, KY, indicates a stable, albeit slightly less concentrated, demand for these skilled professionals compared to the national average. The presence of nearly 1,300 individuals in this trade suggests a consistent need for electrical services within the community.
2024 Market Data

Salary Overview

$57,860

The average Electricians in Lexington-Fayette, KY earns-16.5%below the national average.

BreakdownBased on 40h/week
Hourly

$27.8

Weekly

$1,113

Monthly

$4,822

Electricians Salary Distribution in Lexington-Fayette, KY

The salary range for electricians in Lexington-Fayette, KY, naturally expands with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries, potentially reaching into the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available to dedicated electricians.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,760$17.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$43,395$20.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$58,530$28.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$72,325$34.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$77,730$37.4

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$57,860

Gross Pay

Real Wage (Purchasing Power)

$57,860

Adjusted for COL (100)

An average electrician salary of $57,860 in Lexington-Fayette, KY, aligns precisely with the national average cost of living, which is indexed at 100. This means that the purchasing power of an electrician's income in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

1,290

Total Jobs

4.567

Per 1K Jobs

0.95

Location Quotient

Below Average

Lexington-Fayette, KY has 0.95x the national average concentration of Electricians 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 0.95 for electricians in Lexington-Fayette, KY, suggests that the concentration of these jobs is very close to the national average. This indicates a competitive yet stable job market where demand is met by a similarly proportional supply of skilled workers, making it neither overly saturated nor exceptionally scarce for those seeking employment or hiring talent.

Nearby Job Markets

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Frequently Asked Questions

How much does a Electricians make in Lexington-Fayette, KY?

The median annual salary for a Electricians in Lexington-Fayette, KY is $57,860. This typically ranges from $36,760 for entry-level positions to $77,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 16.5% lower than the national median of $69,280.

Is Lexington-Fayette, KY a lucrative place for Electricians?

No, not exceptionally lucrative compared to the national average.While electricians in Lexington-Fayette, KY earn a solid $57,860, this figure falls short of the national average salary of $69,280. However, the cost of living is on par with the national average, making the salary's purchasing power relatively stable.

Is Lexington-Fayette, KY a good place to live for Electricians?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($56,350) and South Central Kentucky nonmetropolitan area.

What is the average salary for an Electrician in Lexington-Fayette, KY?

The average annual salary for an Electrician in Lexington-Fayette, KY is $57,860.

How does the Lexington-Fayette, KY electrician salary compare to the national average?

The average salary for electricians in Lexington-Fayette, KY ($57,860) is lower than the national average ($69,280).

What is the cost of living in Lexington-Fayette, KY for electricians?

The cost of living in Lexington-Fayette, KY is at the national average, indexed at 100.

How many electricians are there in Lexington-Fayette, KY?

There are approximately 1,290 electricians in the Lexington-Fayette, KY workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Lexington-Fayette, KY area with a job density of 4.567 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.